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	<title>Memphis Wholesale Investment Properties</title>
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	<description>At Your Price!</description>
	<lastBuildDate>Sat, 31 Mar 2012 06:21:36 +0000</lastBuildDate>
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		<title>Cheap Memphis Rental Only $30,000! &#124; Worth $65,000 [Raleigh]</title>
		<link>http://www.901houses.com/auctions/posts/ltv-24-arv-110k-wholesale-20k-midtown-historic-district/</link>
		<comments>http://www.901houses.com/auctions/posts/ltv-24-arv-110k-wholesale-20k-midtown-historic-district/#comments</comments>
		<pubDate>Sat, 28 Jan 2012 05:05:28 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Available Inventory]]></category>

		<guid isPermaLink="false">http://www.901houses.com/auctions/?p=166</guid>
		<description><![CDATA[Starting Bid: $30,000.   Tax Assessed Value  $74,800  &#124;  ARV  $65,000-$70,000 Rent Range $700-$800  &#124; Renovations $5,000 &#124; Monthly Taxes $ 112 Estimated monthly rental income $750/mth (9,000/yr) Minus management fee $68/mth &#124; Minus monthly taxes $112/mth &#124; Minus monthly insurance $42/mth Minus maintenance $41/mth &#124; Minus vacancy $60/mth = $495 Net Operating Income ($5,131/yr) = 16.62% NOI Assuming Closing costs [...]]]></description>
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<p><span style="color: #ff0000;"><strong>Starting Bid: $30,000.</strong></span></p>
<p align="center">  Tax Assessed Value  $74,800 <strong> | </strong> ARV  $65,000-$70,000</p>
<p align="center">Rent Range $700-$800  | <strong>Renovations $5,000</strong> | Monthly Taxes $ 112</p>
<p align="center">Estimated monthly rental income $750/mth (9,000/yr)</p>
<p align="center">Minus management fee $68/mth | Minus monthly taxes $112/mth | Minus monthly insurance $42/mth</p>
<p align="center">Minus maintenance $41/mth | Minus vacancy $60/mth <strong>= $495 Net Operating Income ($5,131/yr)</strong> <strong>= 16.62% NOI</strong></p>
<p>Assuming Closing costs are $750. Inspection Date: [complete form below to schedule your inspection time] Home will be sold to the highest bidder. For more information call the number below.</p>
<h1></h1>
<p><center><strong>View Bid Form, Address, Contract, &amp; Google Map,:</strong></center>
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<h1><strong>How to Buy</strong></h1>
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<p>These properties sell very fast and are sold on a first come first serve basis, so if you&#8217;re interested and would like to put this property under contract please fill out the form below and we will get you a contract, addendum and schedule an inspection. Or you can call the number above. <div class="flashalbum">
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			<h4>Raleigh-02062012</h4>
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		</item>
		<item>
		<title>LTV @ 23.5% ARV: $50K Wholesale: $10k [Speedway Terrace]</title>
		<link>http://www.901houses.com/auctions/posts/ltv-23-5-arv-50k-wholesale-10k-speedway-terrace/</link>
		<comments>http://www.901houses.com/auctions/posts/ltv-23-5-arv-50k-wholesale-10k-speedway-terrace/#comments</comments>
		<pubDate>Thu, 05 Jan 2012 20:33:44 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Available Inventory]]></category>

		<guid isPermaLink="false">http://www.901houses.com/auctions/?p=90</guid>
		<description><![CDATA[Starting Bid: $5,000. GREAT MEMPHIS INVESTMENT PROPERTY OR STARTER HOME THAT NEEDS A BIT OF WORK TO MAKE IT PERFECT. RIGHT OFF OF JACKSON EXIT NEAR SNOWDEN. Zillow Price [Zestimate] $56,000 Tax Assessed Value $70,000 LOL Rent Range $650-$750 Comps $42,500 Renovations $9,000 Monthly Taxes $ 105 Inspection Date: [complete form below to schedule your [...]]]></description>
			<content:encoded><![CDATA[<p><span style="color: #ff0000;"><strong>Starting Bid: $5,000.</strong></span> GREAT MEMPHIS INVESTMENT PROPERTY OR STARTER HOME THAT NEEDS A BIT OF WORK TO MAKE IT PERFECT.</p>
<p>RIGHT OFF OF JACKSON EXIT NEAR SNOWDEN.</p>
<p>Zillow Price [Zestimate] $56,000</p>
<p>Tax Assessed Value $70,000 LOL</p>
<p>Rent Range $650-$750</p>
<p>Comps $42,500</p>
<p>Renovations $9,000</p>
<p>Monthly Taxes $ 105</p>
<p>Inspection Date: [complete form below to schedule your inspection time]</p>
<p>Home will be sold Sunday night to the highest bidder.</p>
<p>Call the number below for more information.</p>
<p><center><strong>Subscribe to View Address, Google Map,  &amp; Bid Form:</strong></center>
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<h1><strong>How to Buy</strong></h1>
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<p>These properties sell very fast and are sold on a first come first serve basis, so if you&#8217;re interested and would like to put this property under contract please fill out the form below and we will get you a contract, addendum and schedule an inspection. Or you can call the number above.</p>
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