All Forum Posts by: Christina Robinson

Following. Im sure many have similar circumstances. Curious to see the responses 

@melissawesling I have four VRs in Fort Lauderdale and would like to venture out into other markets to diversify. what other cities would you recommend?

Investment Info:

Single-family residence buy & hold investment in Fort Lauderdale.

Purchase price: $182,500
Cash invested: $50,000

Renovated for Vacation rental

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

price was very good and neighborhood

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

driving around then MLS

How did you finance this deal?

conventional 20% down

Lessons learned? Challenges?

stick to original vision
quash issues with neighbors immediately... go talk to them

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

wells fargo did the mortgage. i have a realtor license

@Paul Kupfer where are you located?

@Luke Carl NOPERS

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $257,000
Cash invested: $20,000

3 bedroom 2 bath with pool Vacation rental

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

higher cash flow

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

off market through a listing agent on a house i had seen three times. she had shown it to me twice.
didnt negotiate. rare find in the neighborhood. off market price was good enough and didnt want them to list it.

How did you finance this deal?

bank

Lessons learned? Challenges?

have a good attorney as i do

Investment Info:

Single-family residence other investment in Miramar.

Purchase price: $127,000
Sale price: $230,000

Bought shortsale in 2011 and sold in 2017

Investment Info:

Single-family residence buy & hold investment in Fort Lauderdale.

Purchase price: $224,000
Cash invested: $45,000

Bought single family pool home for airbnb

Investment Info:

Single-family residence industrial investment investment in Miramar.

Purchase price: $127,000
Sale price: $230,000

Bought my first home which was a short sale, rented for a few years and sold two years ago