All Forum Posts by: Asela H.

@Phil G. Gotcha. Thanks for clearing that up!

My business partner and I found a lead. It's an elder woman who is motivated to sell, but she has a reverse mortgage. 

We're thinking of using the subject- to strategy and are curious about how this will differ from a regular mortgage or if it will essentially be the same process?

Has anyone had any experience with this before?

Thanks in advance for any answers/advice!

Congratulations, Thea! Opportunity cost is a good point that is easily glazed over. Sounds like you've learned a lot! It's great that you stuck to your guns and decided to make the house the nicest one on the block and it sounds like it paid off because the after photos are gorgeous!

Great rental potential with three rooms!

Double French Doors Open out to a Sunny Octagon Shaped BREAKFAST NOOK area, Perfect for sipping your morning coffee in, includes a ceiling fan, ample sunlight, blinds and has a door with a "pet door" that leads out into the FENCED in BACKYARD.

The KITCHEN is equipped with a Kitchen Island, Abundant Counter Space, Plenty of Cabinets with the UTILITY ROOM, that is enclosed off to the left-hand side of the KITCHEN.

This home has an open floor plan with the KITCHEN opening up to a separate DINING ROOM area and the LIVING ROOM area is equipped with a large stone faced fireplace with enough mantle space to host your family pictures.

The LIVING ROOM is spacious enough to host Game Nights or Family Events.

This home has a lot of "PRIDE OF OWNERSHIP". There are 3 BEDROOMS, with walk-in closet space and 2 full BATHROOMS and one of them is the guest BATHROOM.

The MASTER BEDROOM is Roomy with a "His and Hers" walk-in Closets. There is another set of DOUBLE FRENCH DOORS, that Opens up to a MASTER BATHROOM Paradise, Oasis JACUZZI Bathtub retreat, with a Frosted Large Bathroom Window that lights up the MASTER BATHROOM, and is equipped with "His and Hers" Double sink Counters, and a stand up enclosed Shower. There are plenty of Cabinet spaces for towels, sheets and other medicinal items.

This CORNER LOT, is a eye candy, COUNTRY Style Charm Home and is within 2 walking minutes away from LAKE ARLINGTON'S Shoreline, where you can cast your Fishing Pole, have a picnic lunch on the available tables, lounge on the grass, or go boating on LAKE ARLINGTON.

After coming back from LAKE ARLINGTON, you are once again Greeted by Your own Well Kept Corner Lot Property, which is enveloped with luscious landscaping, ideal for gardening or basking outside with the view of the Hummingbird Nectar feeders, bird baths, and birdhouses.

Bring Your OWN Imagination or enjoy what is already present.

OFF - STREET PARKING ALLOWS for 4 Cars.

***SHOWINGS BY APPOINTMENT ONLY

TENTATIVE OPEN HOUSE: SATURDAY JUNE 9TH

@Pavel Reyes Valdes I'll message you the info!

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My corporation has an investor-friendly broker who can help! She's personally been in the business for over eight years. We have a system that provides us access to on-market properties that fit your exact criteria.

I messaged you. 

We're looking forward to working with you!

Looks like an absolutely beautiful piece of property! Well done!

@Mike Reynolds Absolutely. What's your email address?

@Mike Reynolds In this particular zip code, properties selling for $165,000 is the highest it's been. This area is facing a complete revival.  They're renovating and improving the district so that it conforms to middle-class taste,

The shacks in this neighborhood are selling anywhere from $10,000-$30,000 and are being completely demolished. And in their place, brand new homes are being built and are now selling for $165,000 to $200,000. 

By tear down, I mean to tear the whole thing down and start over.

There are some properties in this area that aren't complete shacks and don't need to be torn down.  For those, you'd pay for repairs and could rent out.

This area is a high investment potential because of the rapid increases in property values.