From Marva with Love: Neal Johnson

By Marva J. Sneed
Host of “From Marva with Love”

On “From Marva with Love,” we showcased Neal Johnson, the owner of NOW Property Investments LLC. who invests in rental properties, fixing and flipping and providing alternative ways for homeowners to sell their homes. Neal said he found his love for real estate fresh out of college. That hobby turned into a passion, and now his overall goal is to serve the community by showing people there is more than one way to sell your home and you don’t have to do it alone.

MS: Welcome to the show, Mr. Johnson. Share with us what you do.

NJ: Exactly yes, thank you, so when they go to sell their homes, they might go to a realtor and they say ‘hey, I’m interested in selling my home.’ The realtor might come out to the house and say, ‘okay. I think I can sell your home at a certain price, but you’re going to have to do x amount of repairs to your house just for you to be able to sell it at this price or I’m not going to take it.’ So that’s where we come in. We come in. We’ll say, ‘we will purchase the house as-is no repairs needed and will get you the price that you need.’

MS: So for some of us who don’t understand, what does that mean when you say ‘as-is?’

NJ: Yeah, most of the time it’s only worth less because it needs a lot of repairs. Most of the homes that we purchased are homes that usually need repairs. Homes that need help, like $50,000 worth of work or sometimes they just need to get out of their homes just simply because they inherited the home and they can’t afford the taxes on it. Or they’re relocating and they just want to sell it real quick and they know if they go with the realtor it might take them up to 30 days with financing or sometimes up to like six or seven months just because with the market and everything you just never really know.

So what I say is when we come to the homeowner’s home, we can assess if this house can be on the market or not. If it’s able to be on the market we’ll go in the house and we will tell the homeowner, ‘Hey, you don’t need much work.’ And we’ll just refer them to a realtor so they can get that market value priced. But even if they tell us, ‘hey Neal, I understand I can get the market value price, but look, I need to sell my house fast here and I understand that the realtor just not going to get it done in the time that I need,’ then that’s where we come in.

To contact Mr. Johnson, visit his website.

There was so much more to this interview. Go here to hear the full episode. 

Tune into “From Marva with Love” Fridays from 11:00 am-1 pm on BlogTalkRadio.