Investment Properties at Wholesale Prices
We’re very excited to be adding our new class for this winter season. Be sure to sign up early and receive a discount. Simply enter discount code: Early25
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Seats are limited so REGISTER TODAY
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New Rehab Property in Atwater Village!
Well we picked up another great property to rehab! We’re super excited to bring this property to life.
This property was listed on the MLS and brought to my attention by my great agent. I turns out that someone way out in Tampa, FL had negotiated with the bankruptcy court and lender to release this property for sale. He then listed the property for sale once he got his approval.
This property is in horrible condition: rats, huge roaches, piles and piles AND PILES of junk inside and out. We’ve been working on the property for a week now and we’ve cleaned out everything and have finished all the demolition. Now the fun part starts!
For all you numbers people, here’s the breakdown:
Purchase Price: $350,000 | Repairs: $69k | After Repair Value: $560k
We borrowed 65% ARV hard money (3.5 points, 12.5% interest) and used a private money partner to bring in the down payment and rehab money. My private money partners have invested with me before so they were happy to do another rehab with me! 🙂 They get to earn a super return on their money, while both of them are working in other jobs full time.
I’ll keep posting pictures as we go along!
Next property flip
Los Angeles Rehab is Looking Great!
Los Angeles Views Through New Double Doors
We are moving very quickly with our rehab project in the Cypress Park/Mt. Washington area. Located at the top of the hill we have spectacular views all around!
This is just an example of one of the rehabs we’re currently working on in the Southern California market. We are actively looking for some more properties to rehab and/or wholesale to our many cash buyers.
Our money partners on this deal are also very excited about the progress we’re making (not to mention the great returns on their money!). In today’s market, why keep your cash in a bank CD or Money Market account when you can easily earn 3-4 times that investing with a company like ours?
I’ll keep posting pictures on our progress. If you’re interested in being on our buyer waiting list for this property when it’s completed please send me an email at support@ocwholesalers.com. This property is going to have all the bells and whistles–including a large deck to take advantage of the amazing views.
Deals! Deals Everywhere!
Riverside Wholesale Property
OCWholesalers.com has been flooded with great deals these last couple of weeks! Word has definitely gotten around that we don’t mess around but can help both sellers and buyers to get the deal done.
We have deals for everyone: rehabbers, landlords, subject to deals, free and clear… well we’re keeping the free and clear for ourselves. Don’t worry though we have some great wholesale properties you can buy right now!
So sign up to receive instant access to our discounted Southern California wholesale deals or call us for more information.
If you have a property you want to sell with no hassles or high selling costs, give us a call and we’ll give you a cash offer!
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Real Estate Strategies That Work!
NOTE: Turn DOWN your speakers before starting the next videos!
What strategies are working for you? Leave your comment…
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I Love Real Estate Investing!
Last December was a great month for OCWholesalers. We also had the chance to share the love of real estate with new students and with the Women’s Invest Club in Irvine. Here are some pictures of the Women’s December Panel:
InvestClub for Women
I also want to share some goals for the company this year and I invite any interested parties to contact me if you’d like to participate with me. Here’s what I’m working on with a couple of associates:
1) Buying bank owned residential real estate in bulk. We are putting together an investor packet to raise $5M in the next few weeks. We have access to bank asset managers who have Southern California bulk deals so we’re excited to start on this project.
2) As many of you probably heard the commercial real estate market has started to hit a downturn. I have made direct connections to asset manager for several banks and have started working with them to close on some properties. If you have any commercial properties that currently cash flow and have an upside let me know.
3) Buying Non-performing notes. We’ll be buying residential NPNs and restructuring the loan for passive cashflow. We are also raising private money for this, so if you’d like to invest with us just let me know.
As you can see we have a very busy year coming up! I look forward to working with you some more and creating new alliances!
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Learn How To Use the Private Money You Find!
Structering Private Money
Taught by Dave Berens | TONIGHT Wednesday December 9th | Time: 6:30 PM to 9:30 PM
You Will Learn:
Non Member Cost: $39
Dave has completed almost 60 transactions and has ONLY used Private Money.
This class is NOT about RAISING private money – but rather HOW to structure the deals with Private Money once you get them – or better yet – BEFORE you get the deals! Also -knowing how you can structure the deals – helps you to have a more educated conversation with your (potential) private money people!
Click HERE to register!
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Multi-family Investment Property in Anaheim
OCWholesalers is about to get another huge wave of properties in the next couple of weeks so we need to clear out our current inventory of investment property! So our problem is your gain! We have SLASHED our prices down to SCARY levels (yes, I know that was corny!).
We currently have investment properties that cash flow AND have 25%+ in equity!
Currently we have properties in: Santa Ana, Anaheim, Newport Beach, Hollywood Hills, Yermo, Los Angeles, Inglewood, Corona, Calabasas…
If you haven’t signed up to be on our buyer list do so right now! Just enter your name and email address and you’ll get INSTANT access to the properties. We just got a couple of more properties in today and are sending out an email blast to all our buyers. These properties tend to move quickly so don’t get left behind.
Now is the time to add to your portfolio and buy at scary low prices, and have your tenants or new buyers in before Christmas.
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$20 for Pre-Registered Guests
$25 at the Event
Annual Members Free
-Men Welcome-
Event Details:
Wednesday, August 19th, 2009 (third Wednesdays)
6:30-9:30PM
South Coast Cultural Center
9 Truman Street
Irvine, CA 92620
Bio:
Scientist turns to Real Estate Investing. After spending most of her career finding cures for diseases, Ginger has found a cure for poverty: real estate investing! Since 2007 Ginger has been learning how to take advantage of the great opportunities for investors in this market. In 2008, after trial and error, she found her niche in wholesaling. Through her extensive experience, based in action, she has just created a system to streamline the whole process. Come learn from not only a teacher/scientist by trade, but from someone who is active in the trenches everyday!
Ginger is an epidemiologist (i.e., disease detective). She studied at USC and received her Masters of Public Health and Masters of Science. She immediately began her career serving the needs of the community by working at the L.A. County’s Maternal, Child, and Adolescent Health department. Ginger has also worked for Kaiser Permanente in Pasadena to help establish better patient treatments. She has a knack for teaching and taught microbiology at Irvine Valley College.
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Last week local California real estate investing expert was featured on ABC News. I really appreciate his professionalism and his dedication to educating the public about what real estate investors do. Check it out:
Enjoy! Now go out and buy some properties!
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