Investing in Our American Neighborhoods

We are a direct investor or manager of investors for the purchases and renovations of defective homes.  We invest significantly in our neighborhoods and help stabilize housing values.  We also help employ many people and vendors for the rehabilitation effort.  An investment vehicle for this purpose are the Immobilier Funds, where Scott DeGoler is also a principal.  See www.imfunds.comContact us for more information.

 

Projected Investor Offering
Santee SFR Detached - 9213 Carita Rd (CYCLED 148 days - Closed Jan 5, 2012 SOLD $357,000)

City: Santee
Last Sale: 2004 $395,000
Initial Investment: $286,000
Bed/Bath Rooms: 3/2
Sq Ft: 1,476
Investment Purchase Date: 08-10-2011
Purchased Amount: $236,000
Renovation Expense: $50,000
Total Cycle Period: 148
Renovation Period: 70
Exit Sale: $357,000
Closing Fees: 7.2
Escrow: First California
Investment Status: Closed
Date Closed: 08-08-2011
   
Contact Scott DeGoler for further details.
New kitchen, flooring, paint and permitted foundation repair. Sold to VA buyer over Christmas period.
Projected Investor Offering
Santee Detached SFR - 9523 Tuthill Way (CYCLED 116 Days $346,000 SALE)

City: Santee, CA
Last Sale: Last Listed $287,500 in August (expired)
Initial Investment: $270,000
Bed/Bath Rooms: 3/2
Sq Ft: 1,274
Investment Purchase Date: 01-12-2011
Purchased Amount: $213,000
Renovation Expense: $57,000
Total Cycle Period: 100 days
Renovation Period: 35 days
Exit Sale: $340,000
Closing Fees: 6%
Escrow: Lawyers Title Co - San Diego
Investment Status: Active
Date Closed: 01-11-2011
   
Contact Scott DeGoler for further details.
From the Last MLS LISTING: Great family home offering 3 bedrooms, 2 bathrooms! The open kitchen is great for the family! This great home features a cozy fireplace in the living room and an open floor plan. The backyard is perfect for the kids! Don't miss out!

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Renovation Plan: Gut the home for new flooring, windows, doors/garage, kitchen cabinets, appliances, bathrooms, landscaping, painting, stucco and foundation work. Comparable flip comps in the quiet, nice neighborhood: Ask Scott for CMA.