-
All Forum Categories
-
Followed Discussions
-
Followed Categories
-
Followed People
-
Followed Locations
-
Market News & Data
-
General Info
-
Real Estate Strategies
- House Hacking
- Commercial Real Estate Investing
- BRRRR - Buy, Rehab, Rent, Refinance, Repeat
- Innovative Strategies
- Mobile Home Park Investing
- Multi-Family and Apartment Investing
- Land & New Construction
- Wholesaling
- Rehabbing & House Flipping
-
Short-Term & Vacation Rental Discussions
presented by
- Tax Liens & Mortgage Notes
- Medium-Term Rentals
- Buying & Selling Small Businesses
- Outdoor Hospitality
-
Landlording & Rental Properties
-
Real Estate Professionals
-
Financial, Tax, & Legal
-
Real Estate Classifieds
-
Reviews & Feedback
Ski Town Investment
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $425,000
Cash invested: $100,000
Converting resident to rental in a ski/lake town. Major fixer.
What made you interested in investing in this type of deal?
Pre-understanding of the area/market, willingness to fix and live in an outdated and damaged home.
How did you find this deal and how did you negotiate it?
Long term friendships with local realtors
How did you finance this deal?
CPA professional mortgage
Lessons learned? Challenges?
Finding reliable contractors in small, isolated areas. Knowing where to take financial shortcuts (floors) and where to invest (fireplaces).
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Keller Williams in BBL