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All Forum Posts by: Boydie Maraj

Boydie Maraj has started 1 posts and replied 3 times.

Post: What Smart Technology Do You Recommend??

Boydie MarajPosted
  • Wholesaler
  • Washington, D.C.
  • Posts 3
  • Votes 7

I currently use the ring doorbell for my STR and it works great! I agree with @Clara Brechtel about using a Schlage for the smart lock.

Post: What is your biggest challenge right now?

Boydie MarajPosted
  • Wholesaler
  • Washington, D.C.
  • Posts 3
  • Votes 7

@Trevor Riley - After doing my first deal a few months ago, I caught the real estate bug and want to do more! Right now, I'm looking to find a multi-family house hack, but I don't have enough capital to do another deal and I am having to look out of state because I'm not able to afford anything in my current area.

Post: Sharing my first deal!

Boydie MarajPosted
  • Wholesaler
  • Washington, D.C.
  • Posts 3
  • Votes 7

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $426,000
Cash invested: $51,620

My first deal! Bought this beautiful 3bed 2bath Chalet to turn into a STR. Sits around 2 minutes from ski slopes and 20 minutes from Shenandoah national park. Current cashflow ranges based on seasonality from $400-$1500 per month.

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

I wanted to dip into the world of STR!

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

Found through a local agent and negotiated directly with the seller

How did you finance this deal?

Used my own savings.

How did you add value to the deal?

Updated interior with new furnishings, new paint, smart locks, and appliances.