Skip to content
×
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
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
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: Brady D'Hont

Brady D'Hont has started 11 posts and replied 16 times.

Post: Mentor in Bradenton, FL

Brady D'Hont
Posted
  • Saratoga Springs, NY
  • Posts 17
  • Votes 3

Hello! 

Looking to get in contact with an experienced investor in the Bradenton and surrounding areas including Longboat Key, Bradenton Beach, Palmetto areas who would be willing to share their wealth of knowledge and experiences in this market to a startup group of out of state investors. 

Thanks in advance! 

Brady 

Post: Security cameras, keypad locks?

Brady D'Hont
Posted
  • Saratoga Springs, NY
  • Posts 17
  • Votes 3

Hello!

Looking for best recommendations when it comes to security cameras, motion sensor lights, key pad locks, ring cameras? For a MTR specifically, a keypad lock and deadbolt seems like the best option so theres no turnover of keys 4-5 times a year. 

Any software/camera related, that can be controlled through an app where tenant can have constricted access to cameras but i as owner have full access? 

Cameras just for front door, and over garage facing driveway/rear door. Is this invasion of privacy? 

Post: Mid Term Rental Agreement

Brady D'Hont
Posted
  • Saratoga Springs, NY
  • Posts 17
  • Votes 3

Jeremy, 

I am also in the process of completing a flip and hold MTR. I am curious to see what you’ve learned over the last few months and what details you have included in your lease agreement. 

Thanks!

Post: Hot water heater replacement

Brady D'Hont
Posted
  • Saratoga Springs, NY
  • Posts 17
  • Votes 3

Current hot water heater is 21 years old in a 2 bed/1bath SFH that is being flipped into a Mid-term rental unit. I plan to replace this before flip is complete. Any recommendations on type of tank or warranties?

Post: Utica & CNY Contractors/ Handymen

Brady D'Hont
Posted
  • Saratoga Springs, NY
  • Posts 17
  • Votes 3

Hello BP:

Looking to make some connections in the Utica/CNY area for general contractors and handymen.

Thanks!!

Brady

Post: Payment agreements with contractors

Brady D'Hont
Posted
  • Saratoga Springs, NY
  • Posts 17
  • Votes 3

Hello,

What are most peoples terms with contractors regarding payment plans/schedules? Obviously they vary, but from an investor side of the table what do people shoot for? 

Thx

Post: Creative financing, no money down??

Brady D'Hont
Posted
  • Saratoga Springs, NY
  • Posts 17
  • Votes 3
Thanks the feedback Tom! Are you investing in your local market or out of state? When finding your BRRR deals do you have contractors in place beforehand or is getting a deal in place your first move then contractors? 

Quote from @Tom S.:

@Brady D'Hont Similar to what others mentioned above, for me the BRRRR method is a good one. Using round numbers, starting off with a $25k DP for a $100k property and saving up for that is the hard part. Then BRRRR, and ideally pull out $25k after fees for your next DP, also leaving equity in the property and have it be cash flowing. Then repeat that process a few times. Having a good W2 job is certainly helpful for getting the best loan terms.

I also did a number of seller financed deals that I purchased.  With the two strategies combined, it's been very successful.

Hope that helps and good luck!


Post: Creative financing, no money down??

Brady D'Hont
Posted
  • Saratoga Springs, NY
  • Posts 17
  • Votes 3

After getting under contract with a property using only my personal savings for the DP., i still have this momentum and energy to acquire more properties (but with lack of capital). Understanding how to get creative with financing is where im having trouble. Does anybody have recommendations on books, podcasts, people to get in contact with for guidance on how to raise capital for add value properties? 

Post: How to finance personal reno

Brady D'Hont
Posted
  • Saratoga Springs, NY
  • Posts 17
  • Votes 3

I recently got under contract with a single family home near a brand new hospital where i intend to market to traveling nurses as there is a lack of inventory for that class of tenant. 

This home does require cosmetic upgrades, removal of carpet, finish floors, new paint, updates kitchen vinyl, all new appliances. 

When taking care of things like this is it best to open a new credit card and have everything on one line? Or Just dip into cash savings? Doe shaving it all on one CC make it Easier to track and maintain expenses? Any credit card recommendations? 

(15k of rehab was factored into my numbers when making offer that was accepted).

Thanks in advance 

Post: In need of contractor quotes..

Brady D'Hont
Posted
  • Saratoga Springs, NY
  • Posts 17
  • Votes 3

Hello,

I am looking for recommendations for contractors in the Rochester, NY area.. I have a property that ill be using a home Reno loan on and need estimates.. thanks in advance