2 off market money making open houses.

Open houses :
Deal # 11  631 Mount ave West babylon Saturday 5/20 9am-10am

Deal #5 100 Root ave CI 5/20 11am-12 

All deal details are below 

 

 

 Speak to ya Soon>
Billy

Take a look(video ) and read the Buying Instructions( bottom of blog)

Deal # 1

 

153 Robinwood Dr  Shirley ( sold )

Style : contemporary
Beds / Baths 3/2
Basement: full finished ose
Square foot of house – 16
Lot size : 11761
Garage: no
Taxes: 7823
School District: william floyde
Occupancy: Vacant
Will be delivered : Vacant
Condition: dated
Starting price: $146,000
SF 1664
For pics and public data click here
Inspection Date: TUESDAY MARCH 28 AT 5PM-6PM  AND AGAIN WEDNESDAY MARCH 29TH 12-1PM  
About the Deal: Needs updating. all cash . Must close in APRIL Great flip or  great rental

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Deal #2

1263 HEMPSTEAD AVE SOUTH HEMSTEAD NY 11550 (sold)

 sold 

Style : OLD STYLE COLONIAL
Beds / Baths  7br- 3.5 baths
Basement:  full
Square foot of house – 3136
Lot size : 106×109
Garage: 2 car detached
Taxes: 12675
School District: ROCKVILLE CENTRE 
Occupancy: occupied
Will be delivered : vacant
Condition: needs full renovation
Starting price:$332k
For pics and public data click here
Inspection Date: WEDNESDAY  March 29th 5-6PM 
About the Deal: Killer house in Rockville Centre Schools. Needs full update

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Deal 3

395 bainbridge street Brooklyn ( Bedstuy)  NY

Style : Brownstone 2 story 2 family
Beds / Baths 5/3
Basement: yes
Square foot of house – 2289
Lot size :
Garage:no
Taxes:3258
School District: 16
Occupancy: occupied tenant
Will be delivered : occupied- 3 members are family member , 1 already found a place to live the other 2 are working on it. Upstairs there is a tenant 42 yrs old 2 adult kids paying 1200 on time each month  ..
Condition: good needs updating
Starting price: $855,000
For pics and public data click here
Inspection Date: FRIDAY APRIL 21 11AM-12NOON   
About the Deal: tenant occupied comes with tenants > Comps are super strong in area

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Deal 4

HUGE PRICE REDUCTION

106 Midwood Street, Prospect Lefferts Gardens Historic District, Brooklyn NY (1 Block in from Park!)

Style: 3-story Federal-Style Colonial  
Beds / Baths 4/3

Basement: yes
Square foot of house -2410
Lot size : (2) lots both 20×100 – combined 40×100
Garage: yes detached
Taxes:7000
School District: 17
Occupancy: SQUATTERS
Will be delivered : WITH TENANTS
Condition:
Starting price: $1,550,000  $1,385,000 ( next door house sold for $2,250,000 two years ago- see link below for comp) 
For pics and public data click here
Inspection Date: No access
About the Deal:House is in a trendy neighborhood on The most desired tree lined street one block in from prospect park. HUGE UPSIDE POTENTIAL Time of essence , $135k down payment 20 day time of essence close date no exceptions . House is  a HOT area of brooklyn

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Deal 5
100 root ave Central islip

Style : SPLIT
Beds / Baths 3 BR 1.5 BATHS
Basement: YES
Square foot of house – 1800
Lot size : 75X117
Garage: 1 CAR ATTACHED
Taxes: 9900
School District: CENTRAL ISLIP
Occupancy: OCCUPIED
Will be delivered : VACANT
Condition: NEEDS UPDATING -LITE /MED REHAB
Starting price:185,000
For pics and public data click here
Inspection Date:Saturday May 20th 11am to 12noon
About the Deal: EASY REHAB. In and Out .

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Deal 6
39 foothill place wheatley heights (SOLD)
Style : RANCH
Beds / Baths  3/2
Basement: FULL FINISHED
Square foot of house – 1600
Lot size : 150X100
Garage:1 CAR ATTACHED
Taxes:6598
School District: HALF HALLOW
Occupancy: OCCUPIED
Will be delivered : VACANT
Condition: GOOD NEEDS UPDATING
Starting price: 225K
For pics and public data click here
Inspection Date: 11 am -12 pm Saturday April 8 11 am -12pm 
About the Deal: EASY REHAB. Comps  IN AREA 400-455 SEE COMP MAP

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Deal #7

100 Adelaide ave East Morches NY (BAY FRONT ) NO LONGER AVAILABLE

Style: Huge Colonial
Beds / Baths  7 beds 2.5 baths
Basement: yes full
Square foot of house – 4500
Lot size : 1.6 acre BAY FRONT
Garage: 2 car detached
Taxes: 15701
School District: east moriches
Occupancy: vacant
Will be delivered :vacant
Condition: old world charm inside needs full updating BUT keep the trim work wood see pics
Starting price: $799k
For pics and public data click here
Inspection Date: 1:30  pm – 230 pm  Saturday April 8 1:30  pm – 230 pm
About the Deal: this home sits right on the tutal Cove water front on a 1.6 acre estate . This home has 7 beds and 2.5 baths. Needs full updating. Comps on the water range from 1.3 to 2.5 m

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Deal 8
58 7th street Valley stream (sold)

Style : Old
Beds / Baths 3 br 2 bath Can be a 4 bedroom as one bedroom is 24 x 14
Basement: full
Square foot of house -1900
Lot size : 50x 151
Garage: 2 car detached
Taxes: 7063
School District: valley stream 24
Occupancy: vacant
Will be delivered : vacant
Condition: needs full update see pics
Starting price: $314k Arv as a 4br 565k plus
For pics and public data click here
Inspection Date: DRIVE BY ONLY NO ACCESS LOOK AT PICS AND LOOK IN WINDOWS 
About the Deal:  Needs Full renovation . Comps are super strong as a 4 br.

 

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Deal 9
25 Bellaire Selden (sold) 

Style : ranch
Beds / Baths 3/1
Basement: part
Square foot of house – 1059
Lot size : 50×150
Garage: no
Taxes: 6027
School District: middle  country
Occupancy: tenant occupied
Will be delivered : vacant
Condition: needs full renovation
Starting price: 139k
For pics and public data click here
Inspection Date: TBD
About the Deal: full renovation. tenant being evicted. will be delivered vacant

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Deal 10
432 Carls path Deerpark  ( still available)

Style : ranch
Beds / Baths 3/2
Basement:  no
Square foot of house – 1440
Lot size :108×117
Garage: no
Taxes: 7800
School District: deer park
Occupancy: tenant occupied
Will be delivered : vacant
Condition: needs full update – currently being used as 2 family- its a legal one family
Starting price: $176,000
For pics and public data click here
Inspection Date: WEDNESDAY APRIL 26TH 1030-1130 AM 
About the Deal:

 

Deal 11
631 Mount ave West babylon

Style :  Colonial
Beds / Baths 4/1
Basement:  full
Square foot of house -2016
Lot size :100x 236 street to street – property can be subdivided
Garage: 2 car
Taxes: 9862
School District: n babylon
Occupancy: occupied
Will be delivered Vacant
Condition: needs updating OR subdivide and build 2 new colonials
Starting price: 220k
For pics and public data click here
Inspection Date: May 20th Monday  9am-10am
About the Deal: This is a full renovation  OR to make the BIG money subdivide it and build 2 new houses.

 

 

Deal 12

6 Cork Place Huntington

Style : Ranch
Beds / Baths 3/2
Basement: full
Square foot of house – not available
Lot size : .18
Garage: yes
Taxes: 6200
School District: south Huntington
Occupancy: tenant
Will be delivered : vacant
Condition: needs updating
Starting price: 265,000
For pics and public data click here
Inspection Date: TBD
About the Deal: easy rehab. tenant is the nephew. May need 30-45 days to vacate after close

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Deal 13
223 irving ave Deerpark (sold)

Style : Ranch
Beds / Baths 4 /2
Basement:  part
Square foot of house -1565
Lot size : 100×120
Garage: 1
Taxes:6716
School District: deerpark
Occupancy: tenant
Will be delivered : vacant
Condition: needs updating
Starting price:220,000
For pics and public data click here
Inspection Date: 130-230 May 8th Monday 
About the Deal:

Deal 14

987 Auburn street  Franklin ssquare (sold)

Style : colonial
Beds / Baths 3/2
Basement: full
Square foot of house -1522
Lot size : 32x`100
Garage:
Taxes:10311
School District: franklin square
Occupancy: owner
Will be delivered : vacant
Condition: needs full update
Starting price: 275,000
For pics and public data click here
Inspection Date:Tuesday May 9 11am-12noon 
About the Deal:

Deal 15

Style :
Beds / Baths
Basement:
Square foot of house –
Lot size :
Garage:
Taxes:
School District:
Occupancy:
Will be delivered :
Condition:
Starting price:
For pics and public data click here
Inspection Date: TBD
About the Deal:

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Deal 16

Style :
Beds / Baths
Basement:
Square foot of house –
Lot size :
Garage:
Taxes:
School District:
Occupancy:
Will be delivered :
Condition:
Starting price:
For pics and public data click here
Inspection Date: TBD
About the Deal:

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Deal 17

Style :
Beds / Baths
Basement:
Square foot of house –
Lot size :
Garage:
Taxes:
School District:
Occupancy:
Will be delivered :
Condition:
Starting price:
For pics and public data click here
Inspection Date: TBD
About the Deal:

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Deal 18

Style :
Beds / Baths
Basement:
Square foot of house –
Lot size :
Garage:
Taxes:
School District:
Occupancy:
Will be delivered :
Condition:
Starting price:
For pics and public data click here
Inspection Date: TBD
About the Deal:

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Deal 19

Style :
Beds / Baths
Basement:
Square foot of house –
Lot size :
Garage:
Taxes:
School District:
Occupancy:
Will be delivered :
Condition:
Starting price:
For pics and public data click here
Inspection Date: TBD
About the Deal:

Deal 20

Style :
Beds / Baths
Basement:
Square foot of house –
Lot size :
Garage:
Taxes:
School District:
Occupancy:
Will be delivered :
Condition:
Starting price:
For pics and public data click here
Inspection Date: TBD
About the Deal:

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Deal 21

Style :
Beds / Baths
Basement:
Square foot of house –
Lot size :
Garage:
Taxes:
School District:
Occupancy:
Will be delivered :
Condition:
Starting price:
For pics and public data click here
Inspection Date: TBD
About the Deal:

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Deal 22

As active fix and flip investors we’ve purchased numerous homes throughout the years from wholesalers all over New York . What we typically find is that they sell properties with very little margin or supporting comparable sales. Therefore, we look through hundreds of properties before we find one that meets our criteria of having comparable properties to support the price. At Max Returns wholesale homes we deliver properties that are truly below market. Now, the definition of “below market” can be subjective. If you ask ten different investors you’ll get ten different answers.

It’s not easy to find these types of properties. We spend thousands of dollars on marketing and countless hours searching for deals that meet this criteria.

Where do these deals come from?
We are marketing specialist. Our arsenal of marketing strategies includes:
o Bandit Signs
o Newspaper Advertising
o Local Flyers
o Other Guerrilla Strategies
o Direct Mail
o Massive Internet Exposure
o Direct Relationships With Banks & REO Agents

Unless your offer is all cash you’ll need to be approved with a hard money lender and submit proof of funds or approval letter with the offer. If you need hard money please let me know I can arrange financing.

**Please Note we will continue to market the properties until the contracts are signed. If you snooze you will lose, meaning if you sit on the contracts and do not sign them  they you may lose the deal to someone else.

BUYING  PROCESS

Inspection:

When Max Returns Real Estate Investments acquires a new property, an inspection date is set for buyers to visit and inspect the home. The inspection date is shown on the property’s email and website listing page. If the inspection date has not been determined, the inspection date will show “Drive by Access Only.”
Please contact Billy  by texting him at (631) 240-4970 or email balvaro@maxreturnsrei.com with any questions or for inspection time and details.

Inspection Rules:

Inspection attendees are expected to arrive in a timely manner. The inspection may last about 30 minutes to 1 hour , depending how much time is needed to inspect the property.

In order to keep our process clean and organized, do not ask the homeowner any questions. Any potential buyer who speaks to the homeowner regarding pricing on this property will be removed permanently from our buyer’s list. All properties being inspected are guaranteed to be under contract by Max Returns Real Estate Investments

However, basic questions and comments regarding property repairs and damages are allowed. Do NOT show up prior to Inspection Starting Time.

Offers and Bidding Process:

When inspection is complete, buyers may submit an offer for the property. Bids must be received by the given deadline shown on the property’s email and the website listing page. In addition, buyers must attend inspection for their offer to be considered.

All offers must be submitted via email to balvaro@maxreturnsrei.com. Buyers must include their name (first and last), phone number, email address, and  proof of funds , Corp or LLC info and attorney info. Upon offer acceptance, this information is forwarded to escrow.

Offer Acceptance:

When an offer is accepted, the winning bidder is notified of their offer’s acceptance. Purchase Agreement and wire instructions are sent to the buyer and their attorney  via Docusign  and email. If we are assigning the file   a wire of $5,000 non-refundable EMD is due at time of signing of contract along with reimbursement of our down payment (EMD is refunded if property is not delivered with clear title).

This $5,000 non-refundable EMD is required and needs to be wired by 2PM within 24 hours of receiving the contracts. Please submit a wiring receipt to balvaro@maxreturnsrei.com in order to verify EMD has been submitted prior to the deadline.

If we are selling via a regular contract a 10% down payment is needed.

When the $5,000 non-refundable EMD or 10% down payment and Purchase Agreement are submitted before the deadline, escrow is opened and the escrow process begins as normal. If EMD is not wired and the Purchase Agreement is not signed by the deadline, Max Returns Real Estate Investments must move on to the next buyer.

 

Expect success
Billy Alvaro