All Forum Posts by: Jesse Harris

You have two homes that are rented at 1,000 and 1,050 a month with 2 year leases. No mortgages on either home. Both houses were purchased and renovated One Is worth 135k wIth about 30k equity. One Is worth 130k wIth about 50k equity. Do you sit fat and happy with these two? Or........ Do you take cash out and purchase more doors? Crunching numbers it's hard to get to the cash flow I have now by going this route. I do understand that more property means moe equity in each with higher rents in the future. Just looking for different thoughts.

Preston,  Central Va. covers a lot of area. Can you give us cities and or zip codes of areas you are interested in?

Thanks

Welcome Ben and congratulations. If you need any help south of the James let me know. I know what areas are hot and have some contractors that I can recommend.

My wife and I would like to get together with other investors also.

Just let us know.

Hello Mark,

Nice to see people in the Richmond area. I am in Colonial Heights and always looking for deals. Sometimes I have one for others. Good luck with your group.

If you or others would like to talk about another group getting together I would be interested.

Thanks

Hello David and welcome,

I am new tot his site. I am located south of Richmond near Ft Lee. Started flipping homes 4 years ago. My wife and I have flipped four. Just recently started keeping better homes as rentals. As the old saying goes location, location, location. I am picky and try to stay in the 20-25 percent range. Flips like that are hard to find around here.

If you need anything down this way let me know.