All Forum Posts by: Beth D.
Beth D. has started 12 posts and replied 97 times.
Post: Storage Facility on Personal Residence?

- Grand Rapids, MI
- Posts 97
- Votes 30
We’re considering a new primary residence that has a large agricultural building on it.
What things do we need to consider for offering it as a storage? Most commonly in this area it would be for boats/campers.
Specific insurance?
Should we have a LLC for the rental business that "rents" from us the property owners?
Other things?
Post: Would you buy a property you likely won’t be able to resell later?

- Grand Rapids, MI
- Posts 97
- Votes 30
Newbie here.
We're looking at a property that has potential to be either a STR or LTR. It's been unable to sell because the original house was a single wide in the 70s that was then added on to.
This makes financing either difficult or very expensive for people (especially since it’s a low price point and mainly first time buyers).
We would be paying cash - so it’s not an issue for us. But even though we plan to hold the property the reality/risk of not being able to pull equity or sell easily later on without maybe a land contract is kind of concerning?
For the right price - would you still consider this situation?
Additional details: You would never know there was a single wide originally - the house is now 75% new/stickbuilt and all roof/siding is seamless between the OG trailer and “addition”. Even the inside is done well. There is also an acre lot and garage and the price point is well below any equivalent newer trailers or stick built homes of similar size in the area (probably 50% of their value).
Post: Pulling Cash from Credit Cards: Most Inexpensive Current Method?

- Grand Rapids, MI
- Posts 97
- Votes 30
Post: Painting Over Wallpaper and a Flip

- Grand Rapids, MI
- Posts 97
- Votes 30
Post: The best piece of financial advice I ever received was __________

- Grand Rapids, MI
- Posts 97
- Votes 30
Post: What makes a contractor stand out?

- Grand Rapids, MI
- Posts 97
- Votes 30
I just want to thank everyone AGAIN for all of these great responses!!!
I am thankful all of the "character qualities" are definitely already taken care of.
I think we have narrowed to 5 things main things to emphasize in our marketing.
Thank you thank you thank you!
Post: New from Columbus, Ohio

- Grand Rapids, MI
- Posts 97
- Votes 30
Post: Paint a brick fireplace??

- Grand Rapids, MI
- Posts 97
- Votes 30
Post: Engineered Hardwood vs. High End Vinyl Plank

- Grand Rapids, MI
- Posts 97
- Votes 30