Tuesday, April 28, 2009

Jim, BTW, does give!

If you're the least bit interested in airplanes, aviation in general, general aviation, military aviation, airlines (I've done it all and have over 23,000 hours of flight time. Do you know what a navigator or flight engineer used to do (when there was one on every airliner)? Tune into:

www.jimgiveslots.wordpress.com

P.S. There's a lot more there too. Look at the tabs down the right side--stuff like IRS info, neat stories, experiences, a few airline jokes, videos on www.youtube.com/jmcgiv and lots, lots, lots more. That's what JimGives...

The pics on the left side of this blog are...

...(are) of a home I just bought in order to to rent out with option to buy. I would have bought it even if I hadn't already had a lease-option buyer before I closed escrow, but I actually did get that renter, which was lucky.

I advertised on the web and I was able to get private financing too. Should make a couple of hundred/month, as well as about $5K after a year or so renting.

I'm giving the renters $150/month of their $650 rent toward equity (read: their down-payment at the end of the option). I may simply owner-finance it myself too, if I can get a decent rate (7-8% (many owner-lenders are getting from 9-11%)--just for a while, until the renters can get their own better financing).

Anyway, there are lots more homes around here for sale like this on my website. I sold this one for $44K, fully furnished (That's how I got it--from a quasi- probate).

Want to know more about this easy way to build a real estate portfolio. There are lots of things to buy that teach you, but I'm free! Leave me a message at: jimgive@gmail.com and I'll send you my sites free. (Opt-out at anytime, but I believe you'll find them very interesting, indeed).

--Jim

Sunday, April 5, 2009

Our latest positive cash flow home in Beverly Hills (FL, that is)



Looking northwest, town is only a 5 minute walk (market, liquor store, 4 banks, vet, Dr. offices, cancer treatment, MRI, great neighbors). My partner and I enjoy a nice cashflow. We bought this house for only 38K. There are others around like it. Just ask at jimgives@gmail.com.








Then, when we had the contract closing date made, we rented it for $650/mo. Total monthly costs are only $482.















The lease/option runs for 1-1/2 years and the selling price is $44K. We will profit (guaranteed) over $7500 after all expenses AND we could do a deal every week if we wanted!

Oh yeah, the Beemer in the driveway is mine--bought with real estate profits.








Nice back yard. We are considering putting up a fence (and a dog house). The tenant will pay another $50/mo. if we do. Houses in the neighborhood range from $40-75K and we estimate they'll sell for $48-89K in 24 months. Want to join the fun and cash? Call me. I'll manage and send you a monthly check:

Jim at 352-249-4484 or cellphone: 415-271-6298

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