Kissimmee FL Under 57K

Kissimmee FL3 Bed 2 Bath 1591 SF
2 car Garage Year 2004
Easy Rental
Why would you buy a duplex or fourplex when you
can buy a few of these? Better houses attract better tenant that stay longer.Bank Repo $57,000
Owner Financing

FL, Bank Owned Property List Under 65K | Owner Financing Option...

214 Magellan Dr (Sarasota) Whitfield Estates! 2 bedroom 2 bath Block Home, Inground Pool!, Approx 2000sqft, large back porch, 1 car att garage, The Price is $62k

Bank Owned Property

                  

(Manatee)

1. 4231 61st St W (Bradenton) 3 bedroom 2 bath Block home, Approx 1400sqft, Needs TLC, was a daycare! tons of potential, The Price is $37k

2. 1515 15th St W (Bradenton) Duplex! 2 bedroom 1 bath each side, Approx 1800sqft total, one side rented @ $500 month, other side is vacant, The Price is $45k

3. 1014 15th St E (Bradenton) 3 bedroom 2 bath block home, Approx 1500sqft, built in 1997, good condition, tenants in place @ $1100 month, The Price is $59k

(No Pics Yet)

4. 514 36th Ave E (Bradenton) 3 bedroom 2 bath Block home, Approx 1300sqft, Needs TLC, The Price is $26k

5. 1330 54th Ave Dr E (Bradenton) Summer Place Condo! 2 bedroom 1 bath, Approx 900sqft, built in 1982, Needs TLC, The Price is $21k

5. TWO VACANT LOTS NEXT TO EACH OTHER IN THE CITY OF BRADENTON

Directions:  From I-75, exit SR64/Manatee Avenue and head west, left on US301/1^st Street, right on 21^st Avenue West, left on 7^th Street West, they will be on the left side on the corner of 22^nd Avenue West.

$5,000 each

sold together or separate

******* 2209 7^th Street West, Bradenton, FL 34205

PID#4517200059, 6874SF, mostly cleared, 2009 taxes = $452 based on a market value of $23k

******* 2211 7^th Street West, Bradenton, FL 34205

PID#4517200109, 6874SF, mostly cleared, 2009 taxes = $452 based on a market value of $23k

********* 2012 34^th Avenue East, Bradenton, FL 34208

PID#1580900159, 75 x 100 corner lot, 7500SF, zoned R1A, flood zone X, mostly cleared, 2009 taxes = $366 based on a market value of $22k, no previous sales info available

******** 3410 21^st Street East, Bradenton, FL 34208

PID#1580900109, 60 x 145 lot, 8700SF, zoned R1A, flood zone X, mostly cleared, 2009 taxes = $366 based on a market value of $22k, no previous sales info available

 

                                        (Sarasota County)

1. 4614 Sloan Ave (Sarasota) 2 bedroom 1 bath home, super Cute! Approx 850sqft, fenced yard and covered lanai, good condition, great location & area! The Price is $39k WOW!

2. 3430 McIntosh Rd (Sarasota) 2 bedroom 2 bath Block home, 1 car att garage, good condition, huge back porch that could be 3rd bedroom, great area & location, Approx 1400sqft, The Price is $65k

3. 2015 30th St (Sarasota) 4 bedroom 2 bath home, Handyman, Approx 1500sqft, The Price is $17k

                     (Tampa)

1. 8204 N Semmes St (Tampa) 2 bedroom 1 bath home, remodeled, Approx 800sqft, Nice! The Price is $19k

2. 2408 20th Ave (Tampa) 2 bedroom 1 bath home, Approx 800sqft, Nice! The Price is $18k

3. 3108 29th St N (Tampa) Handyman 2 bedroom 1 bath home, Approx 800sqft, Needs TLC, The Price is $13k

                                          St. Petersburg

1. 1348 15th street south- 3/2/1 block built 2005 approx 1300 sq feet under air. Needs carpet and paint and a refrigator and a broken window fixed. The price is  $ 45K

 

2. 5725 17th ave south GULFPORT- 2/1 with detached workshop super clean ready to rent just broom and cut the palm trees. Close to college $ $46k

 

3. 1745 Patton Ave South 3/1 only $13k

 

4. 828 20th ave south BLOCK 2/1 Turn Key new double pain windows central a/c newer kitchen and appliances. Ready to rent .. nice yard.. only  $26K

 

5. 4018 29th ave north HARSHAW LAKES 3/1/1 with pool HANDYMAN SPECIAL BLOCK  $64k

 

6. 15420 Westminister ave  CLEARWATER 3/2 block built 1985 great condition  $49K

 

7. 226 50TH TERRACE NORTH 2/1 ONLY $32k

                       (Orlando)

1. 1210 Polk St (Orlando) 3 bedroom 1 bath home, Approx 1000sqft, Needs TLC, Great Deal!, The Price is $15k

2. 775 Klondike St (Winter Garden) 3 Bedroom 1 bath home, Approx 900 sqft, Needs TLC, The Price is $18k

3. 1425 Kaley St (Orlando) 3 bedroom 1 bath block home, Approx 1200sqft, Needs TLC, The Price is $16k

If you have any questions or want to see the inside please call me ASAP. Thank you and have a great day. All the best, Call (941) 628-3891
Looking For Owner Financing? http://www.123Rent4Now.com

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The Cold Truth About Self-Directed IRAs

The Truth About Self-Directed IRAs and Other Accounts

By H. Quincy Long

There is a lot of confusion over self-directed IRAs and what is and is not possible. In this article we will disprove some of the more common self-directed IRA myths.

Myth #1 – Purchasing anything other than CDs, stocks, mutual funds or annuities is illegal in an IRA.

Truth: The only prohibitions contained in the Internal Revenue Code for IRAs are investments in life insurance contracts and in “collectibles”, which are defined to include any work of art, any rug or antique, any metal or gem (with certain exceptions for gold, silver, platinum or palladium bullion), any stamp or coin (with certain exceptions for gold, silver, or platinum coins issued by the United States or under the laws of any State), any alcoholic beverage, or any other tangible personal property specified by the Secretary of the Treasury (no other property has been specified as of this date).

Since there are so few restrictions contained in the law, almost anything else which can be documented can be purchased in your IRA. A “self-directed” IRA allows any investment not expressly prohibited by law. Common investment choices include real estate, both domestic and foreign, options, secured and unsecured notes, including first and second liens against real estate, C corporation stock, limited liability companies, limited partnerships, trusts and a whole lot more.

Myth #2 – Only Roth IRAs can be self-directed.

Truth: Because of the power of tax free wealth accumulation in a self-directed Roth IRA, many articles are written on how to use a Roth IRA to invest in non-traditional investments. As a result, it is a surprisingly common misconception that a Roth IRA is the only account which can be self-directed. In fact, there are seven different types of accounts which can be self-directed. They are the 1) Roth IRA, 2) the Traditional IRA, 3) the SEP IRA, 4) the SIMPLE IRA, 5) the Individual 401(k), including the Roth 401(k), 6) the Coverdell Education Savings Account (ESA, formerly known as the Education IRA), and 7) the Health Savings Account (HSA). Not only can all of these accounts invest in non-traditional investments as indicated in Myth #1, but they can be combined together to purchase a single investment.

Myth #3 – I don’t qualify for a self-directed Roth or Traditional IRA because I am covered by a retirement plan at work or because I make too much money.

Truth:Almost anyone can have a self-directed account of some type. Although there are income limits for contributing to a Roth IRA (in 2008 the income limits are $169,000 for a married couple filing jointly and $116,000 for a single person or head of household), having a plan at work does not affect your ability to contribute to a Roth IRA, and there is no age limit either. With a Traditional IRA, you or your spouse having a retirement plan at work does affect the deductibility of your contribution, but anyone with earned income who is under age 70 1/2 can contribute to a Traditional IRA. There are no upper income limits for contributing to a Traditional IRA. Also, a Traditional IRA can receive funds from a prior employer’s 401(k) or other qualified plan. Additionally, you may be able to contribute to a Coverdell ESA for your children or grandchildren, nieces, nephews or even my children, if you are so inclined. If you have the right type of health insurance, called a High Deductible Health Plan, you can contribute to an HSA regardless of your income level. With an HSA, you may deduct your contributions to the account and qualified distributions are tax free forever! It’s the best of both worlds. All of this is in addition to any retirement plan you have at your job or for your self-employed business. Read more

Port Charlotte Foreclosed Homes

Description:
4410 Warren Ave #110 Port Charlotte FL 33953 Charlotte County Bedrooms: 2 Bathrooms: 2.0 Built Area: 1,120 Sq. Feet
Photos:

Click Here For More Info

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Bradenton, Florida 8-plex $156k Ready To Sell

Price:  $156,000 plus closing costs of approximately $3000.  Down payment requirement at time of contract signing it $6,000.

Structure and Layout:
Property consists of four 2/2’s, four efficiencies.   Total rentable A/C space is 5,733 square feet.  This is a concrete block building built in 1974.  Six units are downstairs, two are on the second floor.  The two upstairs units are 2/2’s and have central A/C.  The rest of the apartments have window units

Income:
There are two vacancies right now.  At full occupancy, property generates just over $4,000 per month, with $4400 per month being a reasonable goal.  The tenants are on month to month leases. The manager lives in a 2/2 but pays $450 for maintaining the property, collecting rent, etc. There are separate electric meters and each tenant pays their bill. The water bill is paid by the owner.  

Expenses:
Water bill averages $400 per month for the owner to pay,  2010 taxes are $4395. Insurance averages $5k to $7k per year depending on carrier and deductibles.  Call for further information.

Amenities:
There are designated parking spaces in front for each unit and several guest spots on the side. The four 2/2 units have interior laundry hook-ups through the kitchens.  Property is located only 4 miles from the beaches.

Condition:
Roof has some life in it.  Exterior is cosmetically up to neighborhood standards.  Apartments are in average condition.  Two units need carpet.  Evidence of a water leak from an upstairs unit into a downstairs unit is visible but the on-site manager reports that it has been repaired. There are some minor drywall repairs that need to be made but the units all appear to be in rentable condition.

Conditions of Sale:

We are looking for a buyer that can close October 8th.  $6,000 down payment on assignment is required.  A $10,000 down payment earns a price reduction to $152k.   We will fully cooperate with inspection requests.  We would like interested buyers to bring along any required  inspectors/advisors/financing entities to view the property.

Drive by any time, but DO NOT BOTHER THE TENANTS.

If you have any questions or want to see the inside please call: (941) 628-3891 Malendaz Coleman Real Estate Investor / Online Business and Marketing Coach Malendaz Coleman Direct: 941 628 3891 Email: admin@brothers3int.com Investor Alert Deal Blog Add me as a friend on http://www.Facebook.com/malendaz Start following me on http://Twitter.com/123cashnow

Kissimmee FL - Near Disney 5 Bed 5 Bath 4195 SF

Kissimmee FL - Near Disney5 Bed 5 Bath 4195 SF Year 2006$179,000

If you have any questions or want to see the inside please call: (941) 628-3891 Malendaz Coleman Real Estate Investor / Online Business and Marketing Coach Malendaz Coleman Direct: 941 628 3891 Email: admin@brothers3int.com Investor Alert Deal Blog Add me as a friend on http://www.Facebook.com/malendaz Start following me on http://Twitter.com/123cashnow

Waterfront - Kissimmee FL 5 Bed 3 Bath 3387 SF

Waterfront - Kissimmee FL5 Bed 3 Bath 3387 SF Year 2006
Small lake in back. View & Fish
$156,900

If you have any questions or want to see the inside please call: (941) 628-3891 Malendaz Coleman Real Estate Investor / Online Business and Marketing Coach Malendaz Coleman Direct: 941 628 3891 Email: admin@brothers3int.com Investor Alert Deal Blog Add me as a friend on http://www.Facebook.com/malendaz Start following me on http://Twitter.com/123cashnow

Crystal River, 50 Units = 10 Apts + 40 Storage

 Crystal River FL50 Units = 10 Apts + 40 Storage
All apartments are 2 bed 1 bath
Storage units are 12 X 20 X 12
Crystal River is a beautiful waterfront community.
Repo $492,000

If you have any questions or want to see the inside please call: (941) 628-3891 Malendaz Coleman Real Estate Investor / Online Business and Marketing Coach Malendaz Coleman Direct: 941 628 3891 Email: admin@brothers3int.com Investor Alert Deal Blog Add me as a friend on http://www.Facebook.com/malendaz Start following me on http://Twitter.com/123cashnow