Tampa Bay Real Estate Investor, Anthony Marottoli Shows You How To Make MONEY
The current rising Real Estate market in the Tampa Bay area is ideal for cash investors to capitalize on the opportunity to earn Hugh ROI.. The climate is excellent to buy low, from the banks and sell high for a profit. Try to teach your stock Broker that formula but I bet he still doesn’t get it. Flipping houses has now come of age. Be aware, this is not a game for rookies or your wife’s cousin, part time Realtor at Coldwell Banker.Understanding the current market, the ability to purchase at the right low price from the Banks and the wherewithal to resell at a profit, are the key elements to a successful “Flip” formula. Cash investors need to partner with a Flip expert to make the formula work, with the Goal of double digit Return.
Many Bank Owned properties could be in a good location but have little appeal to the retail buyer or they are not able to get financing in their current condition. Why? Banks do not spend money to repair REOs. The home may need a roof or an entire kitchen. Landscaping may be overgrown, the pool is green, walls painted ugly colors. GREAT OPPORTUNITY for the Flip expert to present a low cash offer to the Bank.
We know what the property will sell for in the market, this is called After Repair Value, ARV. We know the cost to repair and cosmetically enhance the home. The key is to buy it at the right price to produce a nice profit. The correct purchase price actually produces the profit.
THREE WAYS WE CAN WORK TOGETHER:
#1 Act as your buyer agent. Negotiate very best price with bank, so you make 20% on invested funds.
#2 You buy it, we fix it for you acting as general contractor. For that service we earn 30% of net profit.
#3 Sit back and relax, be a private investor secured by a recorded mortgage on local Real Estate, EARN 10% interest. Much better than CD`s, IRA/401K, stock market – UGH!!!
Now you can earn a piece of Real Estate Action and put MORE MONEY IN YOUR POCKET
Look What One Of Our Well Known Author Real Estate Investment Partners Had To Say…
Dr Jeff McHone, famous Author of best seller “No Money Down” had to say:
“In a word exceptional is the only way I can describe Tony Marottoli and his team. This organization has both found “bargain” “deals” for me and then got them resold in 30 -45 days. So whether you are looking to buy or to sell … you can’t go wrong with this team.”
-Posted on merchant circle by Jeff McHone December 07, 2009.