Rams Investing

Waverhill Short Sale Property

Dustin Royer — Sun, 29 Apr 2012 02:44:00 +0000

Just picked up this house in Perry Township from a short sale. Excluding the clutter and junk, not much is needed to fix up this 3 bedroom 2 1/2 bathroom house. New paint, carpet, lights and some landscaping outside and it will be great again. This project was completely funded by a private investor through their IRA where they earn 12% interest TAX FREE! If you have any interest in funding a deal like this with your IRA or with cash and earning 12% interest, please let us know. Check back in a few weeks to see the completed project.

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Jason Ave House

Dustin Royer — Sat, 21 Apr 2012 03:08:42 +0000

Just picked up this 3 bedroom 1 1/2 bath in Franklin. It is a 1,000 sq ft ranch home in need of some cosmetic repairs as you can see. We will be installing a new heat pump in the home and giving it a complete face lift including new cabinets and counter tops, stainless steel appliances, new flooring and paint throughout the inside and outside of the home. The home includes a nice sized mini barn for your extra storage. As always, this home is available for purchase prior to rehab or after our complete rehab of the property. There is plenty of room on this deal for an investor or would be a great handyman special. Call 317-567-RAMS for details about the property. Check in later for updates

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Laredo Property

Dustin Royer — Mon, 19 Mar 2012 18:29:27 +0000

Our latest property is located in Franklin Township on the South East side of Indianapolis. It is a large 1,800 sq. ft tri-level with large living areas, and plenty of storage. The home is need of some TLC which it will soon get. The layout of the home is great for a growing family and will make a nice home when complete. As always this property is available for wholesale in as-is condition or will be available in a few weeks for retail. Check back in for updates

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Credibility in Real Estate

Dustin Royer — Sun, 04 Mar 2012 05:28:44 +0000

Credibility isn’t something you can buy or pick up on the side of the road. It is something that you earn. When you are trying to earn the trust of someone who is going to lend you money or working with someone on a deal, credibility goes a long way. While you know what type of projects and deals that you have worked on in the past, others do not unless you document what you have done.

Every project that we do, we take before and after pictures and document as much about the project as we can. We have compiled several of our projects and created case studies to show how we walk through each house from purchase to sale. We had these printed into packets that we can present to people to show what it is that we do and how we do it. We call this a credibility packet.

When I am meeting with a private investor, in addition to an investor information packet, I present the potential investor with a credibility packet that shows them how we do our due diligence on each project from beginning to end to ensure that their investment is secure. A credibility packet is also helpful in dealing with banks. When you can leave some information with a lender about how you conduct your business, it is much better than if you just tell them without having supporting documentation.

Documenting your successes and ensuring you are operating as a world class company will help you to build credibility that will take your business to a new level.

Are you waiting for the perfect time to buy?

Dustin Royer — Fri, 02 Mar 2012 03:26:03 +0000

Ever wonder if now is a good time to buy investment properties? Read this and don’t miss out on a great opportunity.

Chase – Center Grove Property

Dustin Royer — Sat, 25 Feb 2012 02:00:11 +0000

Just completed our Center Grove property today. It is a wonderful property for a mid sized family. It is located in a great neighborhood, close to everything and in Center Grove Schools. The home has a completely remodeled kitchen with stainless steel appliances and new cabinets and countertops. Fresh paint and carpet throughout the home accent the great floor plan with plenty of open space. Schedule your showing today with Jason at Red Oak Real Estate Group. Check out the final pictures on this beautiful home.

P .S. (The bushes are getting trimmed this week)

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Top 10 Turn Around Towns

Dustin Royer — Tue, 14 Feb 2012 02:53:54 +0000

Have you been considering buying a vacation property in Florida? Florida cities are expecting some of the biggest recoveries in the coming months which means now may be the best time to buy your dream vacation home.

http://realestate.glozal.com/profiles/blogs/top-10-turnaround-towns-in-real-estate?xg_source=activity

Tracy Ridge Property

Dustin Royer — Mon, 13 Feb 2012 03:29:56 +0000

Completely remodeled three bedroom two bath in Johnson County. The whole house has been refinished. Brand new roof, fresh paint inside and out, all new flooring, new light fixtures, stainless steel appliances and much more. It is the perfect house for a young family looking for a maintenance free home. This one won’t last long, so set a showing today with Red Oak Real Estate Group.

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Redland Property

Dustin Royer — Fri, 27 Jan 2012 03:03:20 +0000

We are excited about our completely rehabbed property in Perry Township. It turned out great. This home is an affordable, brand new home with plenty of space, ready for you to move right in. Check out the after photos and schedule you showing today.

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Amateur Wholesaler

Blake Rule — Mon, 07 Nov 2011 21:52:43 +0000

I was approached recently by a local wholesaler who had a “Deal” for me to look over. The numbers he presented me with were great – who wouldn’t want a house valued at $120k that only needs $10k rehab and purchase price is $65k? I assumed the numbers were slightly inflated and exaggerated, but I wanted to do some homework to see if there was some meat left on the deal. He wanted me to move quickly on the deal or his other buyers were going to take it. It was only a matter of minutes to realize that the deal was no good. The neighborhood where the property was located has only had two properties sell over $100k in the last 6 months and they were much nicer properties. Looking at the comparisons, the house was valued at about $85k for a quick sale and it needed closer to $20k in rehab. Not even a chance of making a penny on this deal.

I don’t call myself a wholesaler, but my company has wholesaled several properties and I can assure you that when we wholesale a property, the investor who buys the property has an investment that is going to make them money. Getting good comparisons on the property and accurately estimating repairs is key to showing the real value of a deal. Wholesaling a property such as the one mentioned above will destroy your credibility in the Real Estate community and is a very short sided approach to wholesaling. As a favor, I provided the gentleman with accurate comparisons, and a repair estimate that showed the real value of the deal in hopes that he would not try to pass it on to another investor. I gave him some advice if he were to ever present a deal to me in the future. I haven’t heard from him anymore. If you are a wholesaler and have a property you want to sell, or just have a question about, please feel free to contact us. We are constantly looking at wholesale deals to rehab.