All Forum Posts by: Gage Bohn

Are you a successful real estate investor in or near Springfield, Illinois?

If so, I'd like to invite you to a FREE meal on me!

My name is Gage, and I'm a newcomer to the vast world of real estate. I've managed to house hack my way to owning a fully paid-off 2-bedroom, 1-bath, 900-square-foot home valued at approximately $67,500. With a HELOC, determination, due diligence, and a bit of luck, I am confident that I will achieve success in this REI. Giving me the opportunity to better provide for my family and give back to my local community!

But let's get to the point—you're interested in that free meal, right?

I'd be delighted to treat you. If you're an experienced real estate investor living in or around Springfield, IL, I'm looking for someone to provide advice and constructive criticism of my ideas, plans, research, and goals with. I'd also love to hear about your journey in real estate and how you got started.

To be clear, I’m not seeking funding, employment, or any commitments from you. All I ask for is 30 minutes to an hour of your time to enjoy a meal at a place of your choosing, fully paid by me.

Interested? Let’s chat! Please send me a message.

Are you a successful real estate investor in or near Springfield, Illinois?

If so, I'd like to invite you to a FREE meal on me!

My name is Gage, and I'm a newcomer to the vast world of real estate. I've managed to house hack my way to owning a fully paid-off 2-bedroom, 1-bath, 900-square-foot home valued at approximately $67,500. With a HELOC, determination, due diligence, and a bit of luck, I am confident that I will achieve success in this REI. Giving me the opportunity to better provide for my family and give back to my local community!

But let's get to the point—you're interested in that free meal, right?

I'd be delighted to treat you. If you're an experienced real estate investor living in or around Springfield, IL, I'm looking for someone to provide advice and constructive criticism of my ideas, plans, research, and goals with. I'd also love to hear about your journey in real estate and how you got started.

To be clear, I’m not seeking funding, employment, or any commitments from you. All I ask for is 30 minutes to an hour of your time to enjoy a meal at a place of your choosing, fully paid by me.

Interested? Let’s chat! Please send me a message.

Investment Info:

Single-family residence other investment.

Purchase price: $46,000
Cash invested: $38,000
Sale price: $68,000

Live in fix and flip, admittedly the cash for deposit was a gift, leaving me time to live in It and fix things up.

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

Circumstance of needing a place to live with the intent of selling for a profit mitigating costs

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

Mostly just went with my gut I bought it during a crazy time single family homes are being bought only hours after coming on the market I had the choice between this house and another the other was slightly bigger with a basement in the porch but the roof did not seem bonded in my Spidey senses told me there might be Foundation issues in mold due to a smell while inspecting the house admittedly the house I bought is 950 ft has no basement and is a two bedroom one bath with a detached garage

How did you finance this deal?

Family

How did you add value to the deal?

The doors windows appliances flooring ventilation hot water trim along with electrical wiring

What was the outcome?

Profit

Lessons learned? Challenges?

Don't bang on pipes in the quest of fixing anything

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

No