As a Pensacola Real Estate Investor myself and being a Pensacola Realtor I am what you might say "in the know when it comes to super great buys and I am amazed when I talk to fellow agents at my seminars they say things like
- I am scared of market values going down or I don't have the money to invest in Pensacola Real Estate at this time. Wow I say when has there ever been a better time to buy. Sure prices are going to continue to go down but why risk some other investor gettting your deal. Agents should be all over this market.
Here are some of what I have been doing, I bought a 3/1 in a 30k Neighborhood and that is if the market goes all the way back to 1996 prices which is what I perdicted BTW back on March 15, 2006. But who cares I paid 7k and will put 10k in it and rent it out at 700 a month and it will be below the market for that area. I will turn it into a 3/2 (figure how many years to the day I get my investment back and then what is the life expectency of this investment.
Then I purchased a 1 year old home where the owner owed 150k on a pre foreclosed price of 83K, yes if it had been foreclosed on it would have sold for 75k maybe but I didn't want to take that chance so I called the local bank personally and made the deal. It took six months and going to their BOD to get my deal but now I own it and the rent amount is $1000. monthly with my payments on a 15 year note of little less than $625 fixed.
The best deal I have gotten this year I won't show you pictures because they were that gross, a bank I work with had 7 homes on the same block full of garbage and whatever you would consider over gross. I made a deal of 21k for all 7 (yes that is 3 k apeice) knowing I didn't have the money to close but I had investors that trust me to make them money so I passed 4 onto them. After clean up and putting 28k into repairs and landscaping we have 7 properties worth 84k with rents of 550 each.
Yes it is the time to buy and agents should be lining their pockets with great deals. We as agents know what time it is and the money is to be made in Real Estate not only helping others buy and sell but buying and selling ourselves.
If you are thinking about investing in Pensacola Real Estate call me NOW because I can't buy it all. I have a list of 11 investors and when I get a great deal that I can't buy I pass it down the list till it is SOLD. BTW it is not a Charles Stallions deal if I can't double my money in less than 5 years and have 100% clear profit from then on, try that with GOLD or the Stock market. I want BooYOO I will MOOOOVE YOU to great deals and a life you can not only bank but pass on as to your family.
Charles Stallions, CRS, CSP, CBR, CDPS, SREE, EREI - 800-309-3414, a leader in real estate investing, buying and selling. Lead Real Estate negotiator for several investment clubs as well as investors throughout the US. Call Charles for a list of references before buying or selling you what some consider being their largest investment.
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THOUSANDS OF HOMES.... One Address www.charlesstallions.com
Looking for a home to rent, sell or buy in Pensacola, Pace or Gulf Breeze Florida then this site was designed with you in mind. E-mail charles@charlesstallions.com for a complete list of foreclosures, short sales, homes for sale or for rent in Pensacola, Pace or Gulf Breeze Florida area. Charles Stallions Real Estate Services located at 139 East Burgess Rd. Pensacola, Florida 32503 has a 12 member team, including experts on Loan Modifications, a Certified Residential Specialist,a Distressed Property Specialist with over fourteen years in real estate dealing in foreclosures, first time home buyer programs and investor sales. We offer full time, full service Property Management in Pensacola, Pace or Gulf Breeze Florida.Click here to view Homes for sale in Pensacola Florida or search pensacolamls for new homes on the market.
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