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Updated over 4 years ago,

User Stats

3
Posts
1
Votes
Monroe Chatman
1
Votes |
3
Posts

Lesson learned from purchase

Monroe Chatman
Posted

Investment Info:

Condo other investment.

Purchase price: $195,000
Cash invested: $10,000

What made you interested in investing in this type of deal?

My Mentor at the time.

How did you find this deal and how did you negotiate it?

Realtor

How did you finance this deal?

Va Loan

How did you add value to the deal?

floors upgraded kitchen

What was the outcome?

value has doubled

Lessons learned? Challenges?

Go with luxury vynl if its a investment home.
Avoid HOA is much as possible
Network with plumber electrician handyman painters and dont rely on the management.
If You have home warranty cover expensive items.
Dont paint cabinets unless you built them if you do paint use specific primer with oil based paint

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Yavarsky Properties