What IF...?

What if you could buy this cute little house putting down only $12K*, get $750 monthly rent and hold or resell onnce the Indianapolis market starts appreciating?
I saw it on my recent tour and picked it as a great investment property!

The address: 8815 Frontenac , Indianapolis, IN.
3bedrooms/1bath, 1140sqf.
Beautifully rehabbed and already rented!
Amazing backyard, washer and dryer included, good location.
Sales price: $59,900K.
Estimated monthly expenses: $143
Estimated annual cash flow: $350 x 12 = $4200 (loan transaction*)
Estimated ROI:  35% !!! (I can't believe my own eyes!)

* Subject to loan qualification, let our recommended lender pre-approve you!

Contact for more pics- I'll be happy to email them to you!

Naomi.
naomiesal@gmail.com

Deal of the week- Indianapolis!

Hello friend,

As I reported yesterday I bought the duplex but this is another option I'm looking at. I don't want to get too greedy, so if you hurry up I may give up on it for one of you...:-).

Address: 5826 E. 19th St. Indianapolis, IND.

Price: $49,500.00

3bedrooms/1bath, 1088sqf.

Will rent for $775.

Est. monthly cash flow: $508

ROI: 12.3%

This cute lttle houses is in the final stages of rehabbing. Video was taken before rehab work started.

http://www.youtube.com/watch?v=68Q9HqPbAyU&feature=g-upl&context=G26f52bbAUAAAAAAAAAA

Enjoy the video and contact me fast before it gets SOLD (or I decide to buy it :-)).

Yours,

Naomi.

Naomi in Indianapolis

Hello friends!

I'm back and had a great time!

This is my first real visit to a Mid-West state and I was really curious about what it meant. It IS different from what we are used to see here in the Silicon Valley. Everything is slow paced....there's time...no rush... and the people are all SO nice!

For example- while I was filling up gas in a gas station before leaving, there was a young guy in a car next to me fueling and smoking! I heard horror stories about gas stations blowing up and got so scared. I kind of hesitated, he looked a bit rough but I needed to SAVE my life so I knocked on his window and told him his cigarette next to the pump was frieking me out a bit. He looked at me, smiled, said "No problem, ma'am" and just extinguished the cigarette. He even waved good-bye to me when I drove away....:-). True story! Same thing happened to me years ago in a gas station in Stevens Creek, Cupertino and was definitely NOT the reaction I got back then....

Indianapolis airport is amazing. Was inaugurated only 4 years ago and is ultra-modern and full of art-work. Very impressive, one of the nicest I have seen.

The funny part? 4 bedroom homes with one bathroom- can't get over the shock after what we are used to here. The house where I live in Palo Alto has 4 bedrooms and 3.5 bathrooms- pretty normal-right?

The lots are huge- you can see little 900sqf houses on a 8500sqf lot. Pretty amazing. And everything looks so green and lush...

So dear friends- for all those who liked the duplex I posted here a couple of weeks ago- $47,000K with a monthly rent of $1000, too bad you didn't make a fast decision because it's SOLD!

I got it!!! 15% ROI on a relatively small investment, with a beautiful remodel inside and tenants already in on each side.

Some of you "missed the boat" for Phoenix. Don't miss it again if you are planning to invest in cashflowing real estate! Investors are already getting very interested in Indianapolis and we'll see prices going up pretty soon!

Property of the week will be posted soon- stay tuned!

For additional information- contact me directly at: naomiesal@gmail.com.

My spring chosen deals!

Happy Easter, Happy Passover, dear friends!

These are a few of the available deals I picked for you:

Phoenix, AZ- CASH only.

1321 E. Mountain View Rd., Phoenix

2bedrooms/1 bath condos- there are 21 available in the same complex in an area of Phoenix I LIKE (N/E Phoenix)! Community pool and picnic area in this well maintained complex.

SQF: 825

Fully remodeled, stainless steel appliances!

Price: 1 or 2 condo package= $43,900 each, 3 condos- $114,900!

Rent: $525 per month per condo

Est. monthly expenses:$219 per condo

Est. montly cashflow: $306 per condo

ROI for 3 condos package: 9.5%!

_________________________________________________________________

Coolidge, AZ- 3bedroom/2bath duplex, built in 2007

390/392 Dirkley Ave.

1440sqf each

Price: $98,900

Monthly rent: $1,200.00

Est. monthly expenses: $200

Est. monthly cashflow: $1000

ROI: 12%

__________________________________________________________

Indianapolis, IN-

3536 Payton Ave, Indianapolis

Price: $47,500

4Br/ 1.5Ba Single family home, 1200 sqf

Rented for $799

Est. monthly cash-flow $550

ROI: 15%

--------------------------------------------------------------------------------------------------------

Contact me for additional information on any of those- the longer you wait, the higher the prices...

Happy Spring!

Naomi.

Big investors are buying homes by the thousands- what does it mean for YOU?

These are the big boys- so what about YOU?

Large investor firms are taking advantage of the deep discounts found in some housing markets, and they’re finding that buying one or two homes is just not enough -- they want thousands. The investors are then renting the homes out to tenants, banking on returns from the rental income, which they say is better than other investments at the moment...For example, large private equity investors like Waypoint, which signed a deal with GI Partners, says it plan to buy 10,000 to 15,000 additional homes by the end of next year.“We realized that there is a tremendous amount of brain damage around acquiring single-family homes, renovating them, and renting them out,” says Colin Wiel, a co-founder of Waypoint. “We think this is a huge opportunity, and we are going to treat it like a factory and create a production line to do this.”Meanwhile, rental demand is rising and so are rents.

Economists say that investors buying the homes by bulk could help to stabilize the housing market.

Source: “Investors Are Looking to Buy Homes by the Thousands,” The New York Times (April 2, 2012).

What this means for YOU is that once all these big firms get into the investing game prices will be driven up and you won't be able to compete with them, but if you do invest now, you'll benefit from their work! So if you have been postponing your decision to invest start DOING now, otherwise- you might miss the boat...

Keep tuned for an upcoming blog on available properties for YOU in AZ and IN....

Yours,

Naomi.

Enjoy the ROI on these Indianapolis properties!

Price: $47,500$47,500.00

3536 Payton Ave - Single family home

Bedrooms:4 / Bathrooms:1.5

Square Ft:1200

Rented for:$799

Est. monthly expenses:$167

Cash flow for cash purchase:$552

ROI:13.9%!

________________________________________________________________

Multi-family!

Price: $47,500

237 Beville Avenue

Bedrooms:4/Bathrooms:3

Living Square Ft:2400

3 Units:2X1Br/1Ba 1X2Br/1Ba

Rent Ready

Market rent:$1,450Monthly

Est. Cash Flow:$1,003

ROI: 25.3%!!!!

_________________________________________________________________

$46,500

4141 Mellis Drive, Indianapolis, IN Bedrooms:3/Bathrooms:1.5

Square Ft:1140

Fully rehabbed to the studs

Rent ready

Market rent:$775

Est. monthly cash flow (cash purchase): $439

ROI: 11.3%!

_________________________________________________________________

Contact me for addtional pics and investment analysis or JOIN me on the upcoming tour April 12-13th.

Naomi.

naomiesal@gmail.com