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All Forum Posts by: Adam Scovill

Adam Scovill has started 3 posts and replied 4 times.

Post: Looking for Private Lenders in North Alabama.

Adam ScovillPosted
  • Real Estate Agent
  • New Jersey
  • Posts 4
  • Votes 3

Ray,  I may have some products that could fit your needs.  Please see the links below:

Pioneer Plus

Pioneer Plus Matrix

Visionary Product

Visionary Product Matrix

Let me know if you have any questions.

Post: 354 First Street, Hoboken, NJ

Adam ScovillPosted
  • Real Estate Agent
  • New Jersey
  • Posts 4
  • Votes 3

Investment Info:

Condo fix & flip investment.

Purchase price: $285,000
Cash invested: $6,000
Sale price: $345,000

buy, fix, rent on Airbnb for 1 year and sell for $35,000 profit (excluding Airbnb rental profits)

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

Airbnb potential

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

realtor

How did you finance this deal?

conventional loan

Post: 108 Willow Ave Condo in Hoboken, NJ

Adam ScovillPosted
  • Real Estate Agent
  • New Jersey
  • Posts 4
  • Votes 3

Investment Info:

Condo buy & hold investment.

Purchase price: $210,000
Cash invested: $8,000
Sale price: $337,000

buy, fix, rent on Airbnb, sold for $100,000+ profit (excluding rental income)

Post: 343 4th Street Condo in Jersey City, NJ

Adam ScovillPosted
  • Real Estate Agent
  • New Jersey
  • Posts 4
  • Votes 3

Investment Info:

Condo fix & flip investment.

Purchase price: $190,000
Cash invested: $10,000
Sale price: $382,000

Buy early in improving area, fix, rent cash flow positive for 6 years, and sold 6 years later with $182,000 profit.

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

The public funds going towards improving downtown Jersey City.

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

local realtor

How did you finance this deal?

conventional loan

How did you add value to the deal?

refinished floors, paint, new fixtures and new kitchen appliances and backsplash

What was the outcome?

$182,000 profit