arcaneproperties.net

28 Kearny Ave Under Contract!

admin — Wed, 20 Jan 2010 16:53:52 +0000

Hello everyone!

I wanted to take a quick minute and let everyone know that we officially have 28 Kearny Ave under contract. The contract was completed and through attorney review before we finished the renovations. This is one the best feelings you can have as a real estate investor! We have been able to provide a family with a beautifully renovated home for a reasonable price in a great neighborhood! Plus, we are on track to make a decent profit! This is a WinX3 Situation! The Bank has won, because they have gotten a non-performing asset off their balance sheet. The end buyers have won because they got a beautifully renovated home at a discounted price. We won because we made the other two happen and because we made a nice profit in between!

We are looking to do another rehab soon and are currently in the process of negotiating for several properties. Remember if you are interested in investing, buying a home or selling a home contact us!

New Jersey Flip Underway!

admin — Sun, 01 Nov 2009 22:12:26 +0000

After an unbelievable amount of delays from Wells Fargo, Arcane Properties closed on the property in Kearny NJ! The renovations officially begin on Monday November 2nd at 8am. Please see the “NJ Flip” section above for more information, pictures, and progress reports!

New Jersey Property Identified

admin — Sat, 16 May 2009 02:24:50 +0000

We have located a single family property in Kearny in need of rehab. The property is under contract and we are awaiting contractor review to ensure our estimates to rennovate were correct. There is still time to invest as we anticipate a 70%-80% return on cash for this investment. The web page tracking our project will be up and running once we close, which is anticipated to be in Late August or early September.

New Jersey Flip Acquisition Underway

admin — Wed, 22 Apr 2009 18:38:57 +0000

Arcane Properties next endeavor will be to flip a single family home in New Jersey (NYC Metro Area). So far several offers have been made on potential properties however a final property that meets our strict set of “must haves” has not been found. If you are an investor seeking to invest in real estate without the hassle of tenants or contractors we will be accepting investments until we have a finalized and accepted offer on a property. We have a variety of online tools available for our investors to use to track their investments with us, so you will never be out of the loop. Please contact us for more information.

We will be creating a page dedicated to our progress on this project. Please check back soon for more information!

Second Property Acquired!

admin — Tue, 30 Sep 2008 11:11:51 +0000

We have acquired our second property! This six unit building is located at 6305 Robinson Road in Lockport, New York. It features six (6), two bedroom, one bathroom units. Four of the units have balconies for tenants to relax and enjoy a summer evening on. The building also features many other amenities that every tenant is looking for! Please click the “Read More” option below to read more about this building.

First Property Acquired!

admin — Wed, 20 Aug 2008 10:52:02 +0000

Our first property has been acquired! We now have a duplex in Lockport New York. This duplex features two 1200 sq ft apartments. Each featuring 3 bedrooms, 1.5 bathrooms, basement, laundry hookups, front porch, deck in back, and so much more! Please click on the real estate link to the left for a full breakdown of the apartment.

Open for Business

admin — Thu, 19 Jun 2008 19:17:20 +0000

Arcane Properties has officialy opened for business. We have already begun the process of searching for our first property to purcahse and we are very close to seeing that deal come to fuition. We will have more on this once the deal has been finalized