Git2Own

Information provided by a friend of a friend. I have no data as to the credibility of the information. Due diligence is your responsibility.

WHOLESALE HOUSE

58% LTV

INCREDIBLE VALUE & SALE PRICE

WILL GO FAST

Address: 2979 S 9050 W / Magna, UT 84044

Square Feet: 1320 SF (921 up / 500 Down)

Beds: 2-3

Baths: 1

Garage: 1 Car Gar

Style: Rambler

After Repaired Value: 120K

Sale Price (for investors): $69,900 or Best Offer

Repair Est for Rental: $10K

Repair Est for Rehab/Resell: $20-25K

Repairs Needed: Paint, Carpet, Kitchen and Bath. Possibly roof (does not leak).

Sold Comps: (very close in proximity, size, type, and within last 6 months)

MLS # Sold Price

835372 $142K

832114 $130K

835868 $117K

780395 $115K

Will go fast. House is vacant and keyboxed. Please email or call for keybox code.

Call or email with any questions.
Brandon Frank (801) 897-2002 cell brandon@dreamprop.com
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(I am not a real estate agent nor a broker - I am not offering these properties, nor do I make any claims about the numbers or truthfullness of these properties, do your own due dilligence and make sure the numbers work and verify all numbers.

Owners of these properties asked me to forward these to you and I make no claims to the truthfullness or correctness of anything!)

Information provided by a friend of a friend. I have no data as to the credibility of the information. Due diligence is your responsibility.

6 bedroom, 2 bath on Grandview hill in Provo

$259,000 (cash price)

Located at: 1488 W. 1825 North, Provo, UT 84604

ARV: $300,000-$310,000 Appraised in 2007 for $410. Was leveraged at $390K!

Sq. Feet: 2700 ft. (that's $95 a sq/ft)

Acres: 0.22

Year Built: 1972

Bedrooms: 6

Bathrooms: 2

Cooling: Central Air

Heating: Forced Air

Garage: 2 Car

This is a 6 bedroom, 2 bath home on .22 acres. Fully remodeled in 2007 with over 80K in upgrades. Originally built in 1972. New roof, new siding, new kitchen, flooring, tile. Jetted tubs in bathrooms, home theater room. Fully fenced backyard. Corner lot.

Repairs: Needs paint touch ups and a few drywall repairs. Needs to have the carpets cleaned and other minor cleaning.

This is a bank approved short sale. I can close immediately. Cash buyers or creative buyers with large down payments only. Sorry, no subject to financing available.

Call Andrew at 801-787-4466 or email me at this email.

--

Andrew G. Knaupp
801-787-4466 FX: 801-796-0970

I saw this article on Yahoo Buzz, the youth-targeted news feed where viewers vote on the quality of news stories. I was taken aback by the headline, "Utah Holds An Unfair Market Training Advantage", under the business news section. Is this true? The story is at: http://tr.im/iGYD

I was asked to forward this duplex on - it is listed, but they just lowered the price because of verbal acceptance of short sale from lender. I usually don't forward listed properties. But this could be a good renter.

Looks like it could be a good cash flow - but check it out and do your research. Call Joe Reardon to get in or make offers:

Joe Reardon
801-208-5986 - Office
801-608-9224 - Cell
joe@yourjk.com

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We have the best priced Duplex in the entire Southeast quadrant of Salt Lake County. Not only that, its brick and in a prime location! This is a great opportunity to either buy and hold or fix and flip. Amazing potential either way.

We have a verbal short sale approval and just waiting for the written document. This will happen quickly.

SEE ATTACHED LISTING "SUBJECT" We have just changed the price
818 E 1300 S
Salt Lake City, UT 84105

After Repaired Value
$260,000-300,000+ based upon SOLD comps from last 90 days.
Can e-mail you comps.
NOTE: Active Comps are ALL THE DUPLEXES from 0E to 1300E and from 0S to 2500S, you can pull more if you like, but I thought this was plenty to make the point.

Brick Building Duplex
Side by side
2832 Sqft Total
786 sqft 2BR 1 BA each side with additional 630 sqft unfinished basement with 7 foot+ ceilings on each side, too.
Some Hardwood Floors underneath carpet (You can look around heating vent in living room and carpet pulled back in corner of big bedroom)

Currently, East unit is vacant. Needs: Carpet, Paint, New Bath Surround.

West unit is occupied by tenant who is willing to sign a new lease for $600/month. Needs: New Bath Surround. Tenant knows this rent is low and that he might have to move. If you keep him, replacing the Bath Surround would probably be the only thing needed in the short term, although if you were going to bring in a new tenant you would probably want to Paint and Carpet, as well.

The most value would be from converting each unit to 3/4 BR 2 BA by utilizing basement space.

You should check for yourself, but looking at Craigslist and Express Rentals, a 3/4 BR 2 BA unit would go for at least $850 and as high as $1200 per month. That is $1700-$2400 income per month.

$159,900 CASH OR EQUIVALENT

Call me for key box code and questions
owner/agent, buyer to verify all
Joe Reardon
801-208-5986 - Office
801-608-9224 - Cell
joe@yourjk.com