VIRTUAL EAST COAST FIX AND FLIP

We are about a week away from closing on the sale of our first Florida fix and flip project. This house is a 4 bedroom, 2 bathroom single family residence in a working class neighborhood in Jacksonville, FL. The seller reached out to us and let us know they needed to sell in order to downsize. We ag Continue reading >

  • Brad Bone
  • In REsimpli Direct Mail User Blogs,
  • 12/06/2018
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Virtual East Coast Fix and Flip by Brad Bone

We are about a week away from closing on the sale of our first Florida fix and flip project. This house is a 4 bedroom, 2 bathroom single family residence in a working class neighborhood in Jacksonville, FL. The seller reached out to us and let us know they needed to sell in order to downsize. We ag Continue reading >

  • Brad Bone
  • In REsimpli Direct Mail User Blogs,
  • 11/09/2018
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Going to the Decision Makers by Brad Bone

We had an interesting call this week from our direct mail marketing campaign in Jacksonville, FL. A seller named Ted called in and spoke to one of our VA’s about his interest in negotiating a bulk deal of the entire 4 property neighborhood. Ted owned an empty lot and there were 3 other houses that Continue reading >

  • Brad Bone
  • In REsimpli Direct Mail User Blogs,
  • 10/18/2018
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North Carolina Lessons Learned by Brad Bone

Early in our investing career we were given the opportunity to buy two properties side by side in a little rural town north-west of Charlotte, called Spencer. One of the parcels had a house on it that needed work and the other parcel had a pool and a pool house. Before we closed, we ordered a BPO an Continue reading >

  • Brad Bone
  • In REsimpli Direct Mail User Blogs,
  • 10/11/2018
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Stockton “No Rehab” Flip by Brad Bone

STOCKTON “NO REHAB” FLIP Here’s a recap of a “no rehab” flip we did in Stockton, CA which turned out to be very successful. We were contacted by the seller of this property back in November of 2017. This house had some very complicated title issues involving a death, conservatorship, pr Continue reading >

  • Brad Bone
  • In REsimpli Direct Mail User Blogs,
  • 09/19/2018
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Dealing with Pet Urine by Brad Bone

Before we bought Winners Circle, it had been occupied by 3 pit bulls and a herd of neighborhood cats who had pretty much taken over the front bedroom. The real tenants (let’s call them John and Margaret) even told me that there was a litter of kittens somewhere in that front bedroom but they we Continue reading >

  • Brad Bone
  • In REsimpli Direct Mail User Blogs,
  • 08/29/2018
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Value Add Examples on a Real Flip by Brad Bone

VALUE ADD EXAMPLES ON A REAL FLIP Winners Circle is a house we bought in Bakersfield on May 3, 2018 for $65,000. It’s in a great neighborhood and should resell for $230,000-$240,000, however, it is undergoing a large renovation. Many of the upgrades we are making are relatively simple solutions Continue reading >

  • Brad Bone
  • In REsimpli Direct Mail User Blogs,
  • 08/14/2018
  • No Comments

Deal Update – July 6, 2018 by Brad Bone

We are currently working on 7 deals at the moment. 5 of them are flips in progress and 2 are under contract to purchase. FLIPS IN PROGRESS: Vasser Ave, Fresno CA – This is the “Loser Deal” that I recently blogged about. We ended up taking an $80,000 offer from a cash buyer who is plannin Continue reading >

  • Brad Bone
  • In REsimpli Direct Mail User Blogs,
  • 08/07/2018
  • No Comments

The Loser Deal by Brad Bone

We were brought a deal by a partner that looked interesting to us in December of 2017. It was a little 2-bed, 1-bath house in a working-class area Fresno, CA that had a messy tenant in it. We ran it by our local real estate agent and he figured it should get sold for at least $110,000 but suggested Continue reading >

  • Brad Bone
  • In REsimpli Direct Mail User Blogs,
  • 07/26/2018
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Consistency in Marketing by Brad Bone

Being consistent in marketing is easier said then done. It’s interesting how even when we have the budget and intention to consistently market each month, often we still fall behind in our marketing goals. This year we intended to send at least 15,000-20,000 pieces of mail per month. At the begin Continue reading >

  • Brad Bone
  • In REsimpli Direct Mail User Blogs,
  • 07/17/2018
  • No Comments