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All Forum Posts by: Edlira Clevenger

Edlira Clevenger has started 4 posts and replied 18 times.

Post: Prime Rental, Best Location, Orlando FL - No Rental Restrictions

Edlira ClevengerPosted
  • Realtor
  • Orlando, FL
  • Posts 24
  • Votes 4

Please add me [email protected]

Post: What would you recommend as a first rental investment?

Edlira ClevengerPosted
  • Realtor
  • Orlando, FL
  • Posts 24
  • Votes 4
Andrew A. Thanks for the advice. We are more inclined on MFH as investment but don’t want to do house hacking. So it’s if we buy a multi family to rent it out if I want to move to Orlando I cannot keep the VA residence as I need money for down payment on the other home that would be our primary. And we could get another VA if we sell the one we have now. South Florida market it’s crazy. In 3 years we lived there it’s been appreciating a lot. Also we did a lot of improvements. Can you PM those addresses for the quads you have available ? I can look at the numbers and areas

Post: What would you recommend as a first rental investment?

Edlira ClevengerPosted
  • Realtor
  • Orlando, FL
  • Posts 24
  • Votes 4
Hi everyone, Looking for some advice from BP community on what will be best as first time buy and hold investment. We will be looking into central Florida more specifically orlando area. Will take a loan and a family member will help with down payment which could be a partner in the deal too. Still have to sort out the details of that. But that is not he problem. My husband and I, were told to find the deal and present it to the person. We already own a home in south Florida on a VA loan at 3.5 % interest rate. I was thinking either refinance it and rent out of primary residence then purchase a new home in central Florida with a VA loan again. Might not be worth it as will hardly gain a much better rare to justify the closing costs. You get more house for the money there. If I rent out my primary residence I would probably net around $700.00 in profit. Another option we are thinking to get a duplex or MFH in central Florida maybe an off market deal. Then we eventually sell our house and move to Orlando area to be close to family. With the surplus we could put money down for our primary residence and a third property. Another option I was recommended from someone that is already Doing it, to buy a single family home with a lot of rooms and rent out the rooms separately. What would you do? Thanks in advance

Post: Just Went "Pro"!!! Excellent Investment!!! $$$

Edlira ClevengerPosted
  • Realtor
  • Orlando, FL
  • Posts 24
  • Votes 4
Congrats Daniel. Same here last week. Love the BP calculators. I have been practicing a lot. Totally worth it!

Post: Off Market Quad in Orlando, FL

Edlira ClevengerPosted
  • Realtor
  • Orlando, FL
  • Posts 24
  • Votes 4

$300K is not the asking price?

Post: Off Market Quad in Orlando, FL

Edlira ClevengerPosted
  • Realtor
  • Orlando, FL
  • Posts 24
  • Votes 4

Still available? What are the conditions of the property? Are those long term tenants?

Post: Relocating to Orlando.

Edlira ClevengerPosted
  • Realtor
  • Orlando, FL
  • Posts 24
  • Votes 4
@AndrewA thanks for the reply. My sister In law lives in 32825 zip code. Probably around that area or anywhere in Orlando With a good school district. We are flexible. We have to find jobs out there first. I'm currently employed in south Florida. My concern also is if we can get a loan right away when we move there. I don't want to spend months renting. What areas would you recommend?

Post: Relocating to Orlando.

Edlira ClevengerPosted
  • Realtor
  • Orlando, FL
  • Posts 24
  • Votes 4
Hi BP forum . Need some help and advice please. My husband and I and 2 small children have been living in south Florida for 6 years now , homeowners for almost 3 years. We want to relocate in Orlando as we have family there. Looking to invest in real estate hopefully in the near future. Now we are in the educating ourself part of it. Reading books and listening to all the podcasts in BP. We have a VA Loan as my husband is ex military. We put a lot more work on it painted inside, out new electrical, plumbing and new A/C which my husband did most of the work. Selling our house we can get a good profit as on today's market. I think we don't pay capital gain taxes since we've been living in the house for more than 2years. Correct me if I'm wrong. If not what would be the option to avoid paying taxes? 1031 exchange ? Now the other concern is if we sell and go orlando will we be able to get a new loan to get another house if we just get jobs out there ? On that matter if anyone is looking to hire please hit me up. My husband is an IT engineer and he is very handy. My background is in sales/purchasing with a degree in business from Italy but we are looking any job around those lines. Especially something that can get us in real estate investing and learning about it. If any property management, financing or real estate investing looking to hire I would love to send our resume's. Or if you can recommend any companies to apply in Orlando as we are not familiar with the area. I appreciate any response. Thanks.