Monday, July 11, 2016

Hot Sheet - July 4, 2016

Real Estate Hot Sheet - June 21st, 2016
This is a list of recent wholesale and cashflow properties. These are true steals, these move quickly. Some deals are from MLS, some are from wholesalers, some are hot off the auction block.

These properties will almost always need to be cash or hard money loans. Think about lending to each other, it can be easier to do a rate and term refinance than a cash out. I have multiple property management companies ready to take care of your property. Most of these deals to not include a Realtor commission, I give you the real price.
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FIX AND FLIP/ CASHFLOW

449 S 98th Way, Mesa AZ 85208
$35,000
This is a great deal on a super cheap mobile home in east Mesa. This is a 2/1, 720 sf affixed mobile home with a 216 sf addition. This property was well kept and would make a great flip or buy and hold. Similar properties sell for $50 to $80k and can rent for around $800/mo.

Move quickly, once we close on this we will be updating
with carpet and paint and listing on MLS for retail value.

Cash or hard money
Price is net to the seller, buyer to pay all closing costs

PHOTOS - CLICK HERE
COMPS - CLICK HERE

Disclaimer: Please do your own due diligence. House is being sold as-is, and buyer is to pay all closing costs. Price based on a cash or hard money offer. All properties offered are either owned by KRO Enterprises LLC, under contract and selling equitable interest, or offered in conjunction with a business associate. All offers on properties require a $5000 non-refundable earnest deposit. 

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FIX AND FLIP

1931 E Raymond, Phoenix AZ 85042
South Phoenix fix and flip - Only $60,000
3 bedrooms/ 2 bathrooms/ 1464sf
Needs a full remodel - electric, plumbing, roof, 2 bathrooms, kitchen, paint, etc
We have a contractor bid for $35,000.
ARV 130k.

PHOTOS

Cash or hard money - price is net to the seller, buyer to pay all closing costs
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FIX AND FLIP

1927 E Raymond, Phoenix AZ 85042
$60,000
2 bedroom/ 1 bathroom house plus 1/1 studio
Needs a full remodel - electric, plumbing, roof, 2 bathrooms, kitchen, paint, etc


Pics - https://www.dropbox.com/sh/pf9eushh2tyz9jn/AABB3yx34O-yrGMj6Wc98i72a?dl=0


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FIX AND FLIP

5416 W Sanna St, Glendale AZ 85302 - $168,900

6 bedrooms/ 3 baths/ 2,339sf/ 12,000+sf lot/ Diving pool

Great opportunity with a huge spread. Comps from $260,000+.  
Extensive repairs needed including electric, some plumbing, pool,
plus cosmetic upgrades. This home sits on a HUGE corner lot
and is over 12,000sf.
COE to be 7/15/16 or sooner

PHOTOS
COMPS
CMA

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We are also accepting cash partners on these projects.
We have debt and equity opportunities.

Contact Kris for more information 602-292-5747

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CASHFLOW
4 Turnkey rental condo's - $175,000 TOTAL!
1350 E. Northern Ave, Phoenix, AZ 85020
Yes, that's right, 4 income producing condos near Squaw Peak for $175,000. That is under $44,000 per door. This is the lowest cost condos east of the 17.


All 2 bedroom, 1 bath, 700 sq ft units. Total Income - $2,993/month. Total HOA - $1,088/month – Includes electricity, water, trash. $1,905/month net cashflow.
Contact Kris at krisonti@gmail.com or 602-292-5747
***THIS IS AVAILABLE VIA A LOCAL WHOLESALER***

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CASHFLOW
Here is a new cashflow property from our friends at CapCore real estate. PM me or email krisonti@gmail.com if you are interested.

706 N 4th St Apts. 3 & 4 Avondale, AZ 85323
$125,000 for BOTH!
Claim this pair of Condos FAST! They are performing assets with great long term tenants paying solid rents. Please call on this right away. Opportunity is knocking.
9% CAP with low expenses and easy maintenance. $125,000 Cash takes both units. The Condos can be purchased individually or together.


APN Apt 3: 500-18-237-A
APN Apt 4: 500-18-238-A
Two 2 Bedroom 2 Bath single level condos w/:
Private patio/yards
Private, indoor washer and drier
LOW HOA fee of $60/m/unit
Tenants pay ALL utilities
Estimated Annual Expenses: Estimated Annual Gross Income:
$1440 HOA $15,960 Rental Income (Less 5% Vacancy)
$1200 Management
$1000 Maintenance Estimated Annual Net Income:
$600 Insurance ($300/unit) $11,242
$478 Taxes (2015 Assessor)
CAP Rate = 9.00% | $4718 TOTAL Expenses
One tenant is long term (7+ years) and the other has been in place for just
over a year.

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Disclaimer: Please do your own due diligence. House is being sold as-is, and buyer is to pay all closing costs. Price based on a cash or hard money offer. All properties offered are either owned by KRO Enterprises LLC, under contract and selling equitable interest, or offered in conjunction with a business associate. All offers on properties require a $5000 non-refundable earnest deposit. 





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Bio - Kris Ontiveros

Kris Ontiveros is a Real Estate Investor as well as a licensed Realtor with US Preferred Realty in Mesa Arizona. Kris fix and flips residential real estate in the Phoenix AZ market. Contact us with any questions or potential deals. We are always looking for properties and private lenders.

Kris Ontiveros
602-292-5747
krisonti@gmail.com

All information is deemed reliable but not guaranteed. All buyers should perform their own due diligence.

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