Ask Realty Pro to help you with your next property. Whether its a house, commercial office, vacant land, development or for investment we are here to help you reach all your financial goals.
Does your Real Estate Agent have first hand experience in the real world? Or are they asking their broker for assistance every step of the way? The truth is most agents are only listing for sale on the MLS and in a low inventory environment they sit back and collect a commission for little to no work at all. To get more out of your property you need a knowledgeable experienced professional.
Ask Realty Pro is different. We pride ourselves on knowledgeable first hand experience. Below is a list of properties that Allan Ostler has purchased, owned, invested, developed, built, leased, rented and fixed and flipped over the last 5 years.
Margaritaville – Vacation Rental
River Front – Installment Sale
Foreclosure purchase & rent
Purchased & Flipped “Mark Harldson’s” mansion
Here are several of my previous investment purchases with a breif overview of the details:
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Margaritaville:
Purchased Zero Down $120,000 Below Appraisal
Hired Vacation Rental Management Company
Net Cash Flow $2,000
Total Gain: ongoing
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River Front:
Purchased $720,000
Added Yard, Basement, Cost $120,000
Sold: $1,350,000
Net Cash Flow from 36 months Installment Sale: $3,000
Total Gain: ongoing
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Foreclosure purchase & Rental
Purchase $480,000
Add Yard, Basement, Cost $75,000
Sold: $960,000
Rental Net Cash Flow: $1,800 (36 Months)
Total Gain: $469,800
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Mark O. Haroldsen’s Mansion (World renowned Health & Wealth Coach:
Purchase: $1,450,000
Leased: Leased back to Mark O. Haroldsen
Rent Net Cash Flow: $4,000 (18 months $72,000)
Sold: $2,240,000
Total Gain: $542,000
Wholesale Lease Option Turned Into Fix & Flip Rental
Installment Loan and Sale
Ski Resort Purchase & Syndication
Lodge view Snowbird
Here are several properties I personally owned and sold. Including ski-in ski out second home resort style vacant land.
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Lease Option Sale:
Purchase: $960,000
Remodeled: Paint, Carpet, Pool, Roof (100k)
Leased: $100,000 deposit with Option to Purchase
Rent Net Cash Flow: $3,000 (7 years total net $252,000)
Sold: $1,350,000
Total Gain: $542,000
- Canton Lane (Installment Loan & Sale):
Purchased $1,040,000
Remodeled: Paint inside (10k)
Sale on installment Loan: $16,000 (6 months total net $100,000)
Sold: $1,240,000
Total Gain: $286,000
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Ski Resort Land Purchase & Syndication:
Purchase $650,000
Raw Costs: Private Placement Memorandum (private money) $75,000
Sold: $1,100,000
Cash Flow: $0 (12 Months)
Total Gain: $375,000
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Lodge View Snowbird Utah Ski Resort:
Purchase $290,000
Raw Costs: Private Placement Memorandum (private money) $30,000
Sold: $1,050,000
Cash Flow: $0 (3 Months)
Total Gain: $730,000
Office Building – New Construction
Office Building – New Construction
Raw Land Project Converted & Fully Developed Into 5 Office Buildings
Triple Net Office Space Lease Florida
Here are several commercial development projects sold. As general contractor I personally built and constructed these office buildings. The project ended in 20 separate parcels which my my company and I established, incorporated, property managed and operated each with the governing condo associations.
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Office Building – New Construction
Purchased Raw Dirt $170,000 (Zero Cash Down! 1st Construction loan draw is land acquisition)
Development Costs $75,000
Construction Costs 530,000
Total Cost to Build: $775,000
Sale on installment Loan: Net Monthly Profit $4,000 (24 months total net $96,000)
Sold: $960,000
Total Gain: $281,000
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Office Building #2 – New Construction
Purchased Raw Dirt $155,000 (Zero Cash Down! 1st Construction loan draw is land acquisition)
Development Costs $20,000
Construction Costs 550,000
Total Cost to Build: $725,000
Sale on installment Loan: Net Monthly Profit $3600 (24 months total net $86,400)
Sold: $1,060,000
Total Gain: $421,400
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Office Building Development – Land & Community Development
Purchased Raw Dirt $550,000
Development Costs $60,000
Zoning, Curb & Gutter, Development (soft & hard costs) $150,000
Total Cost to Purchase and Improve Land: $760,000
Sold: 1,000,000 (5 Parcles for $200,000)
Total Gain: $240,000