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All Forum Posts by: Amy Ranae

Amy Ranae has started 44 posts and replied 196 times.

Post: New member from Minneapolis

Amy RanaePosted
  • Real Estate Broker
  • Maple Grove, MN
  • Posts 216
  • Votes 80
Hey Josh V. ! I'm and agent in the area, let me know if you need help shopping, I'd love to help you out! I've been here all my life so I know the area well:)

Post: My first deal!!!

Amy RanaePosted
  • Real Estate Broker
  • Maple Grove, MN
  • Posts 216
  • Votes 80
Chris Johnson just spoke with Tom, meeting him tues am! Thanks for the referral!

Post: My first deal!!!

Amy RanaePosted
  • Real Estate Broker
  • Maple Grove, MN
  • Posts 216
  • Votes 80
Chris Johnson they are close to my property too!!

Post: My first deal!!!

Amy RanaePosted
  • Real Estate Broker
  • Maple Grove, MN
  • Posts 216
  • Votes 80
Thank Juan Jimenez , I think this will cash flow almost $500 so it definitely feels worth it to me!

Post: My first deal!!!

Amy RanaePosted
  • Real Estate Broker
  • Maple Grove, MN
  • Posts 216
  • Votes 80
Chris Johnson thanks!!! I'll call them!

Post: My first deal!!!

Amy RanaePosted
  • Real Estate Broker
  • Maple Grove, MN
  • Posts 216
  • Votes 80
Not gutting, new shower surround, fixtures and appliances, counter top and maybe cabs if budget allows. The second bath is just a powder room so only one shower/tub. Also, my husband and I will do the work on this one so we can get a feel for actual costs going forward. Arv is around 160.

Post: My first deal!!!

Amy RanaePosted
  • Real Estate Broker
  • Maple Grove, MN
  • Posts 216
  • Votes 80
Hi Friends! In excited to announce I have my first deal under contract! I plan to BRRRR. Here are my numbers: 113k purchase 20k down 15k in repairs (kitchen, 2 bathrooms, paint, flooring. About 1000sq ft) Monthly expenses including mortgage, taxes, insurance, hoa etc: $950 Rents $1450/mo So it feels like a good deal but here's the kicker, it needs a new furnace/ac which is a combined unit that is outside. I'm in Minneapolis area so this is unusual. I got one estimate for about 7k installed. Do you have any experience with this and or know any hvac contractors in the Minneapolis or twin cities area? Does this 7k seem high or fair? I was hoping to be around 5k for this. Thanks!!!

Post: Writing offers and doing math

Amy RanaePosted
  • Real Estate Broker
  • Maple Grove, MN
  • Posts 216
  • Votes 80
Looking to do one of each. This offer I'm. I'm negotiating is a rental but I just looked at a nice potential flip too! Headed home to look at numbers on that one now:)

Post: Hello, greetings from Minneapolis!

Amy RanaePosted
  • Real Estate Broker
  • Maple Grove, MN
  • Posts 216
  • Votes 80
I'm feeling like that might be my new goal too! I'm in Minneapolis too if you want to connect:) also licensed if you need help getting into houses!

Post: Writing offers and doing math

Amy RanaePosted
  • Real Estate Broker
  • Maple Grove, MN
  • Posts 216
  • Votes 80
Hi BP. Just want to share my excitement. I've been writing offers lately and while I haven't gotten anything back signed yet it feels like it's just a matter of time. Thanks for all of your support and cross your fingers for me on the one I'm waiting to hear back on:) Xoxo!