Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Alex Witte

Alex Witte has started 2 posts and replied 11 times.

We selling our home near the Sugarloaf ski area in Kingfield, Maine.

Properties in the area are great for short and medium-term rentals as people enjoy skiing in the winter and hiking, fishing, and hunting other times of the year.

We added (5) Mitsubishi H2i heat pumps, and did spray foam insulation in the basement, as well as 18" of cellulose in the attic.

Please reach out to our realtor in the listing for questions and interest.

https://www.zillow.com/homedetails/13-Freeman-Ridge-Rd-Kingf...



Sounds good. Thanks, Sloane! 

Quote from @Dmitriy Fomichenko:

Welcome to the BP family @Alex Witte ! Glad to have you aboard.

Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alerts

Best of luck on your REI journey.


 Thanks, Dmitriy!

Quote from @Brandon Hall:

Hi Alex,

Construction costs are IMO the most difficult thing for investors to learn and get a grasp on. It is difficult to know what goes into building a house until you actually do it. That being said if you need help discussing options with your Maine property let me know, I am an agent and an investor first in the Maine markets. I have done both flips and BRRRR's and specialize in construction knowledge. I would love to talk about how you could get the most out of your property here in Maine and what some options might be!


 Brandon - nice to meet you, and thank you for the comment!

I'm always looking for more insight on the topic, especially since Maine is quite a bit different than our experiences in other areas of the country. 

Looking forward to chatting with you at some point. 

Quote from @Mohammed Rahman:

Welcome aboard @Alex Witte


 Thanks, Mo! 

Quote from @Justin Hammerle:

@Alex Witte - Welcome to the BP Forums! Pittsburg, PA is a fairly affordable market by Northeast standards and certainly closer to home.  Definitely worth a look if you haven't spent any time reviewing the market there. 

Best of Luck!


 Justin - Hello, and thank you for the suggestion. The violent crime rate for Pittsburgh is quite high, and Pennsylvania is not ideal for some of our other business endeavors. At any rate, it's nice to meet you. 

Jonathan - are you going to be doing one of these events in January? 

I won't be able to make this one, but I hope to attend a future event.

Quote from @River Sava:

Hey Alex, welcome to the forums! 

I am from Boston, so out of curiosity what part of Maine? Would love to connect with you and see if I can help in any way


 Hi, River! 

My wife and I live in Kingfield (western Maine). The area is benefitting from the traffic to the Sugarloaf ski area, in Carrabassett Valley (a city north of us), but our neighborhood isn't ideal in terms of high-value properties. 

We're not if it's a good idea to put too much into the house as we may not see the returns we're looking for. We're thinking of doing light renovations on some of the rooms to help with the sale, but we don't have the funds/desire to remodel the entire house. 

We're trying to find the sweet spot between making the house appealing to the next buyer while not going all-in (financially) during the process. I thought someone on this forum would have some good ideas of how to triage the aesthetics/curb appeal, perhaps even someone that would like to invest in the flip and split the profits. <- I have no idea how often that is done or if it's even desirable/smart to go that direction. That being said, we're open to suggestions! Thanks for your response!

Quote from @David C Heiling:

I just want to shout out all three of these responses as exceptionally helpful, kind and amazing. I appreciate all of you. Thanks so much. 


 No kidding! This is the first thread I've read on here. What wonderful support! 

Good luck on whatever you end up doing, David. I hope you find the perfect option for your situation.