All Forum Posts by: Destinie Marshall

@Mindy Jensen

Good morning,

I am an agent in Sioux Falls and surrounding areas. I’d love the opportunity to chat with your friend to see if I’m the best fit.

Kwdm

Looking to get into investment real estate?

Our class starts November 17th, 2021

Register here: https://docs.google.com/forms/...

*Limited Spots Available*

@Mason Hickman

As a buyers agent also, you’re 100% on the money. It’s hard to sell a property when there isn’t any rental information on it.

When purchasing an investment property, what do you find is missing the most in the transaction? How can it go smoother?

Sioux Empire Real Estate Investment Summit

New Investors, and Seasoned investors welcome to join us in Sioux Falls, SD. We will be reviewing opportunities to invest in South Dakota through tax incentives and new investment opportunities. 

Local speakers to chat about tax, title, and development. 

Aaron Adams and Nicole Di Braccio with Infinity Investing will be there talking about new investment strategies. They train investors from around the nation to help build wealth though real estate. Topics such as flipping, BRRR, Mobile Homes, Mobile Home Parks, New Construction Development, Commercial, Creative Financing, and Real Estate Development.

Learn more about our guests here: https://aaronadamstraining.com...https://myeliteportal.com/Reso... 

Register Here: https://www.eventbrite.com/e/sioux-empire-investment-summit-

@Andrew Haney

National Property Inspections

Brady Home Inspections

Those are my go too choices.

Investment Info:

Single-family residence fix & flip investment in Sioux Falls.

Purchase price: $102,000
Cash invested: $10,000

Purchased from a distressed seller only cosmetic updating needed.

Investment Info:

Single-family residence buy & hold investment in Sioux Falls.

Purchase price: $150,000
Cash invested: $2,500

Contributors:
Adam Jaros

Purchased a 2+ bed 2 bath 2 stall garage in February, basement already had another 1/2 bath and 2 framed bedrooms. Finished basement for $2500, and now renting for $1500/month will be increasing in 2021. Valued at about $199,000 right now.

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

The house was significantly under valued, and I knew it would make a great rental with the amount of bedrooms/bathrooms and location to colleges and hospitals in Sioux Falls.

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

I found the deal from inside my brokerage, agent told me the bottom dollar the seller was willing to take, so easy.

How did you finance this deal?

Conventional Financing

How did you add value to the deal?

I was able to work with my business partner and find the deal before it hit the market.

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

I was the real estate agent for the buyers side of this property. We worked with a local lender in Sioux Falls.

Hey there Nathan, would love to connect. I work in real estate and actively work with flips, and residential Rentals. 

Investment Info:

Single-family residence buy & hold investment in Indianapolis.

Purchase price: $79,000
Cash invested: $9,000
Sale price: $106,000

3 bed 1.5 bath home in speedway, didn't appraise when purchased (intended on purchasing for 84,000). I put in new carpet, and painted the entire interior. ($3000) I then rented it for $950/month. One year later I sold to a fellow real estate agent for 106,000 with no fees.

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

I was purchasing it as a 2nd home to live in while I was waiting for a house to be built.

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

I found this deal through a real estate agent in Indianapolis and purchased it without stepping foot inside.

How did you finance this deal?

Traditional Financing