All Forum Posts by: James Dainard

Quote from @Henry T.:

I've quit Seattle as a place for LTR, but before I totally get out I wanted to try an STR.

My place is pretty much ready, some final sprucing to do. The question is should I go VRBO or Airbnb?  Why one and not the other? Are there any gotcha's in the signup process to be aware of with either?  

I've been reading many listings and putting together my rules lists, so I'm feeling pretty good there.  I have quite a bit of LL experience and good at tenant proofing, etc. I just have no experience with the platforms and hope I don't miss something important in the sign up.  Thank you all.

Hey Henry,

From what I understand VRBO demand is more for longer-term stays while AirBnb is geared towards shorter stays. AirBnb recently updated their site to make it more oriented towards special stays or unique locations. It's a good thing to know which direction a company is headed if you're using their services.

Furnished finders is a good way to offset your income in the low months if you find that STR income isn't getting you through.
If you're planning on keeping this as an STR for a while you'll eventually want to consider getting your own website together for direct bookings to cut out the middleman.
Hope this helps!
Best of luck!

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $300,000
Cash invested: $108,000
Sale price: $552,500

Contributors:
Garrett Quinn, Victoria Loder

This charming remodeled home is now available! This fully permitted remodel includes all new windows, millwork, flooring, interior & exterior paint, and much more! Cozy floor plan with new flooring and brand new kitchen features shaker cabinets, quartz counters, tile backsplash and stainless steel appliances. Bathroom is newly tiled and freshly updated.

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

Fix and flip investment property for a client.

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

On the MLS.

How did you finance this deal?

Hard money with Intrust Funding.

How did you add value to the deal?

Fix and flip renovations.

What was the outcome?

Sold the property.

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

Check out the Heaton Dainard team!

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $605,000
Cash invested: $300,000
Sale price: $1,500,000

Contributors:
Vlad Tselnik, Megan Halter

View this Gorgeous and exquisitely remodeled Queen Anne craftsman home! Built with comfort & elegance in mind, this home contains rich original hardwood floors & fireplace for cozy living. Easy transition to the new inspired kitchen ready for entertaining featuring soapstone counters, shaker cabinets, SS appliances & tiled backsplash. Step through the French doors just off dining open into the freshly manicured perched & private yard. 2 bedrooms and full bath round out the main area.

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

Fix and flip investment property for a client.

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

On the MLS.

How did you finance this deal?

Hard money with Intrust Funding.

How did you add value to the deal?

Fix and flip renovations.

What was the outcome?

Sold the property.

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

Check out the Heaton Dainard team!

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $540,000
Cash invested: $108,000
Sale price: $975,000

Contributors:
Megan Halter

Here is a stunning remodeled Shoreline home with a modern flare. Thoughtfully updated with quality finishes, comfortable open living floorplan, abundance of natural light, with room for everyone. Brand new kitchen features playful backsplash, SS appliances, and soft close cabinets, and adjacent easy access to dining, back deck, and living room for entertainer's delight! Primary bedroom offers ensuit 3/4 bath featuring all new sleek finishes. There are 2 more bedrooms upstairs plus full bathroom.

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

Fix and flip investment property for a client.

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

On the MLS.

How did you finance this deal?

Hard money with Intrust Funding.

How did you add value to the deal?

Fix and flip renovations.

What was the outcome?

Sold the property.

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

Check out the Heaton Dainard team!

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $440,000
Cash invested: $78,000
Sale price: $655,000

Contributors:
John Whitney, Katie Kepler

Updated Kent tri-level home is presents ideal layout for today's lifestyle with mountain views! This move-in ready home features open living space, sunken living room, vaulted ceilings & loads of natural light throughout! The Kitchen has all new shaker cabinets, quartz counters & ss appliances. Upper level features primary bedroom with ensuite bathroom & mountain views, two generous sized bedrooms & fully updated bath.

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

Fix and flip investment property for a client.

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

On the MLS.

How did you finance this deal?

Hard money with Intrust Funding.

How did you add value to the deal?

Fix and flip renovations.

What was the outcome?

Sold the property.

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

Check out the Heaton Dainard team!

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $475,000
Cash invested: $36,000
Sale price: $700,000

Contributors:
John Whitney, Victoria Loder

Extra large lot just 5ac shy living in North Bend! This remodeled newer manufactured home has 3 bedrooms and 2 baths with new laminate hardwood flooring throughout and brand new carpet! Brand new kitchen with shaker cabinets, quartz counters, and all stainless appliances. Large primary suite has walk-in closet and 5 piece bath! There are spacious 2 more bedrooms and full bath down the hall. There exist detached 16x20 finished dwelling, perfect for work-at-home situation, home gym or guest house.

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

Fix and flip investment property for a client.

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

On the MLS.

How did you finance this deal?

Hard money with Intrust Funding.

How did you add value to the deal?

Fix and flip renovations.

What was the outcome?

Sold the property.

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

Check out the Heaton Dainard team!

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $475,000
Cash invested: $36,000
Sale price: $700,000

Contributors:
John Whitney, Victoria Loder

Extra large lot just 5ac shy living in North Bend! This remodeled newer manufactured home has 3 bedrooms and 2 baths with new laminate hardwood flooring throughout and brand new carpet! Brand new kitchen with shaker cabinets, quartz counters, and all stainless appliances. Large primary suite has walk-in closet and 5 piece bath! There are spacious 2 more bedrooms and full bath down the hall. There exist detached 16x20 finished dwelling, perfect for work-at-home situation, home gym or guest house.

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

Fix and flip investment property for a client.

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

On the MLS.

How did you finance this deal?

Hard money with Intrust Funding.

How did you add value to the deal?

Fix and flip renovations.

What was the outcome?

Sold the property.

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

Check out the Heaton Dainard team!

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $895,000
Cash invested: $120,000
Sale price: $1,300,000

Contributors:
John Whitney, Victoria Loder

Phenomenal move-in ready remodel home only minutes from downtown Bellevue. Walk through the solid wood gorgeous French door entry into one level living featuring designer finishes throughout. There is much to appreciate in the open floor plan concept with brand new kitchen which includes ss appliances, shaker cabinets, island with luxurious waterfall counters and extra seating. Enjoy fully fenced, outdoor entertaining spacious patio and built-in wood grill on the beautiful level lot.

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

Fix and flip investment property for a client.

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

On the MLS.

How did you finance this deal?

Hard money with Intrust Funding.

How did you add value to the deal?

Fix and flip renovations.

What was the outcome?

Sold the property.

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

Check out the Heaton Dainard team!

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $645,000
Cash invested: $162,000
Sale price: $1,009,950

Contributors:
John Whitney, Megan Halter

Bright and airy updated Beacon Hill stunner home located in prime location! Brand new kitchen featuring breakfast nook, shaker cabinets, quartz counters with waterfall island, ss appliances & tiled backsplash. Spacious & private primary bedroom located on main floor with 3/4 ensuite bath with all gorgeous new finishes & large walk-in-closet creating the perfect retreat.

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

Fix and flip investment property for a client.

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

On the MLS.

How did you finance this deal?

Hard money with Intrust Funding.

How did you add value to the deal?

Fix and flip renovations.

What was the outcome?

Sold the property.

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

Check out the Heaton Dainard team!

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $825,000
Cash invested: $108,000
Sale price: $1,133,000

Contributors:
Garrett Quinn, Megan Halter

Snohomish brings you this hidden gem tucked away on 2.27 acres! This fully updated quintessential peaceful sanctuary home offers room to escape & create lifelong memories just minutes from charming downtown Snohomish. Impressive kitchen thoughtfully finished featuring large island with marbled quartz counters, farm style table legs, SS appliances & custom hood, surrounded with open concept living and banks of windows overlooking the serene view.

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

Fix and flip investment property for a client.

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

On the MLS.

How did you finance this deal?

Hard money with Intrust Funding.

How did you add value to the deal?

Fix and flip renovations.

What was the outcome?

Sold the property.

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

Check out the Heaton Dainard team!