All Forum Posts by: Dan LaFontaine
Dan LaFontaine has started 4 posts and replied 55 times.
Post: Follow my flip - modern luxury beach house
- Developer
- Hamptons / Montauk, NY
- Posts 58
- Votes 21
rear rendering, as we near completion on the project.
Post: Follow my flip - modern luxury beach house
- Developer
- Hamptons / Montauk, NY
- Posts 58
- Votes 21
the soon-to-be "After"...
Post: Follow my flip - modern luxury beach house
- Developer
- Hamptons / Montauk, NY
- Posts 58
- Votes 21
Hi All. I'll be documenting progress for my current flip project in the Hamptons NY, on Instagram.
While this will be high-end materials & finishes throughout, with loads of amenities, the real luxury will be the sustainability and wellness at the core of the project.
I'd be honored to have you follow along. Link in my signature. Project name "Hilltop".
Post: Fix and Flip home in Los Angeles
- Developer
- Hamptons / Montauk, NY
- Posts 58
- Votes 21
Nice work Aki! Could you share a link to either the finished product (or even the before)?
Post: A Typical SFR Project in San Francisco
- Developer
- Hamptons / Montauk, NY
- Posts 58
- Votes 21
Great looking project. Congrats!
Post: Trying to set everything up for when the quarantine is over.
- Developer
- Hamptons / Montauk, NY
- Posts 58
- Votes 21
@Jonathon Garriques I know HML's who are lending now. Let me know if there are any actual deals in search of funding and I can help connect if it fits. Be safe.
Post: STR version 2.0 - shelter in place
- Developer
- Hamptons / Montauk, NY
- Posts 58
- Votes 21
Originally posted by @Greg Dickerson:
Originally posted by @Eric Teran:
I own two STR in Quito, Ecuador and one in my basement where I live in Alexandria, VA. Like everyone else I had two days where I had 8 cancellations. My heart sunk and I knew it was going to be tough.
However, two weeks later my two STR in Ecuador are occupied and my Alexandria one would have been as well. We decided against renting our basement since we decided to shelter in place and realized we could not control those demands if we rented the basement. However before this decision was made we received three inquiries in one day for 3-4 weeks stays.
As for Ecuador, they are being occupied by tourist who have been stranded there because the airports have been closed. They are also staying multiple weeks.
Reservations for a few days or the weekend will not come back until this dies down. Which may be months. However medium stays of greater than 2-3 weeks may happen. I am sure this will vary depending the region and circumstance but all is not lost. Yet.
Good Luck.
Many areas like the Outer Banks of NC are not letting visitors and non-resident property owners in. Others in CA and FL have closed beaches. No telling how long that will last. I know several people who went mountains and coast to wait this thing out. I think the Hamptons are packed right now form people getting out of the city.
Yes the Hamptons is definitely packed right now. Prices of rentals actually shot up as did interest in purchasing property out here. That might very well be a new normal for people with the spare $... a place outside the big city to escape to, if they didn't already have one.
Post: Has anyone invested with Joe Fairless?
- Developer
- Hamptons / Montauk, NY
- Posts 58
- Votes 21
I invest in many of Ashcroft's deals, and know Joe personally. Can't speak highly enough.
Joe Fairless is as legit, genuine, and passionate a person as you will ever come across. That is reflected in Ashcroft. That also comes through in his books, his podcast, and especially at his Best Ever conference, which is top notch.
@Sanjay Patel they can find those deals because they have a good sized team of talented people in smartly defined roles under a highly effective org structure, they are armed with data, they work their butts off, and they are extremely creative and strategic in their negotiations. Deals that would be mediocre for other GP's could be great deals for them based on their ability to buy smarter and add more value for less money.
For anyone who's on the fence, you could get yourself an early bird ticket to his 2021 Best Ever conference and meet him and his team in person. Aside from a ton of great content and networking, it could serve as a powerful step in your diligence process.
Post: Cool Drone shot of our first phase of 30 lots in Canby Oregon
- Developer
- Hamptons / Montauk, NY
- Posts 58
- Votes 21
@Jay Hinrichs looks like a great project. glad you took another shot at that property. good with next steps.
Post: Coronavirus and appraisals
- Developer
- Hamptons / Montauk, NY
- Posts 58
- Votes 21
Also, I'm guessing a lot more appraisals will be drive-by and virtual for a while.