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The last time there were deals like this was the 1930’s.
In this econmic downturn, many properties have dropped in value by 40 or even 60%. Sometimes this is just an adjustment from the huge runups to 2008. Other owners got in trouble by refinancing at the top. Then, when they couldn’t make their payments, the banks forclosed. These REO properties are discounted even further.
My name is David Alan Johnson and I am taking advantage of this historic opportunity to buy cash flow properties at big discounts. My team of investors are buying up properties at pennies on the dollar, rehabbing them, and leasing them out for big gains.
Single Family Homes Are the Best Way to Get Started
Some investors want to buy Apartment Buildings, others want office buildings and shopping centers. But the best place to start is with single family residences (SFR). People need rent houses, especially in this economy when so many have lost their homes to foreclosures or short sales. They need a plance to live. With SFRs, we are able to be on both sides of the sales equation.
When an owner gets motivated to sell we can help. Whether it be health issues, divorce, job loss, or transfer, sometimes an owner needs to sell right away. We offer cash, and we can close in 3-7 days.
The one factor driving away most investors is dealing with tenents. My company takes care of all management issues. Computerized payment systems keep track of rents paid and late fees owed. With these personnel and systems in place, my investors never have to worry with tenents or toilets.
Our business model operates within the following guidelines.
1. We buy good properties at a discount.
2. We add value by modernizing the homes, making them look like new.
3. We market the “new” homes to the community to resell or rent out for long term equity growth.
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