The Real Estate Agent Blog

Want to purchase investment properties at wholesale prices? What if you don’t have the funds to do so?

As a licenced real estate agent, in the process of securing an LLC business license in Georgia, I can make it possible for investors to “pool” their money together, and with enough money, help those investors purchase real estate at wholesale prices. The reason we would get a wholesale price, because we will be buying in BULK.

Currently I work for a small investment group who buy properties to flip. We do not have enough money to buy in bulk, and are limited to only flipping property. With enough money circulating, a large group of investors (big and small), we could buy multiple properties at once and separate those properties into different types of real estate investing. This would successfully diversify our assets and create a steady profit. Not only would this investment group profit from the liquidation of assests (flipping properties), but receive returns based on percent of investment from rental properties and by the appreciation of properties which the group is holding.

So, you don’t have the funds to buy in bulk, no problem. Join a property investment group, like the one I’m forming now, and you won’t have to have the funds. Don’t have any money outside of your IRA? No problem, I can assist in turning your current IRA into a Self-Directed IRA.

This method to wealth building has extreme benefits. The real estate fund type of investment is based on income fundamentals, appreciation, and liquidity.

You may can call this the perfect investment, because with the right investors, the right real estate agent (one who will only take commissions on profits) and the LLC set up in the correct manor you will have a diversified portfolio using rental properties and flip properties, while having some serious assets on the increasing number of “hold” properties. The “hold” properties liquidated as needed, to pay off investors wanting out or to obtain other investment properties.

More on this topic in the future…

By Craig Miller
Published on: April 8, 2008

This market snapshot of Ivey Pointe Subdivision is an example of what foreclosures can do to a community’s housing values. The market data was collected April 8, 2008 from FMLS Atlanta. Ivey Pointe S/D is located in the city of Lawrenceville which is Gwinnett County’s City Hall, northeast of Atlanta.

The Data:
The average sales price in Ivey Pointe is currently $153,199. Four houses have sold in 2008. Out of the four that sold, were two foreclosures(f) and one short-sale(ss). Cost of homes were $124,000(f), $154,000(ss), $155,000(f), & $179,796 which ranged, in size, from 3 bedroom / 2 bath to 5 bedroom / 2.5 bath.

Currently, 12 houses are for sale, 1 is a foreclosure and 1 short-sale. The active listings range from $148,497 – $215,000, and from many 3 bedroom / 2.5 bath houses to a 6 bedroom / 3.5 bath house with a basement, respectively. Average listing price is $178,741 for Ivey Pointe S/D.

On a side note, 6 of the 12 active listings are 2 story with 3 bedrooms and 2.5 baths on a slab. Those 6 common houses range in price from $155,000 – $184,900 with an average at $171,450.

Want a Market Snapshot of your subdivision? Contact Me!

By Brian Miller
Published on: April 7, 2008

Buford, Georgia has quietly become a very hot spot to start a business and a great place to call home. Buford was recently ranked # 3 IN THE NATION by Fortune Small Business’ list of places to live and start a small business. Why? The first 3 reasons are location, location, location. With Lake Lanier, an interstate highway and the mountains in close proximity, Buford has become a town that many people would love to call home.

Folks in Buford also care a great deal about keeping their city in the top 10, as evidenced by the growth in the town’s Business Alliance group from 20 to 180 members over the last couple of years. Fortune’s top 100 list looked for towns with the unique combination of business advantages and lifestyle appeal. Buford’s affordable housing and scenic environment were also mentioned in the article.

Around 30 new business startups are launched each month and the town is active in the region’s efforts to attract folks involved in the health care, distribution, communications and technology industries. Buford was joined in the top 10 by Marina del Rey, CA, Portland, OR and Charlotte, NC. Savannah was the only other Georgia city to crack the top 100 – at number 99. The entire list can be viewed HERE.

Craig Miller – Realtor
Published on: February 29, 2008

If you travel down HWY 20 (Grayson Highway) then I’m sure you know the Department of Transportation is working to make HWY 20 a divided highway. I can’t wait until they finish working on HWY 20.

The DOT is also working on Phase I of an extension of Sugarloaf Parkway. The extension will take Sugarloaf from where it dead ends into HWY 20, to HWY 316 in Dacula. This project consists of many bridges, making Sugarloaf a limited access avenue. Roads that will have interchanges Sugarloaf’s extension include: New Hope Road, Martins Chapel Road, Campbell Road and HWY 316. Many properties will be or have been purchased by Gwinnett County. View detailed maps located at the bottom of THIS PAGE.

If you would like to relocate away from Sugarloaf Parkway’s planned expansion, then its time to get started on selling your home. I have lived in this area for 22 years and know it well, therefore I can assist you in the sell of your home while finding you a home not so close to where you’ll hear road noise all night. Call me for a FREE estimate of the “fair market value” of your home at: (404)421-9666 or email me @ Craig@MillerCribs.com‘.