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All Forum Posts by: James MacKinnon

James MacKinnon has started 3 posts and replied 37 times.

Post: How long to find a tenant

James MacKinnonPosted
  • Contractor
  • Vienna, VA
  • Posts 42
  • Votes 6

I wonder if you post some pictures of the place people might give some better ideas on what you could do to get renters in. 

Post: We did it! Our first BRRRR is a success! Phew...

James MacKinnonPosted
  • Contractor
  • Vienna, VA
  • Posts 42
  • Votes 6

@Kelly Bellini great job with your first. House looks amazing. Keep the momentum going. 

@Brian McCormick

Brian, 

I'm a home improvement contractor located in Fairfax if you are looking for some help to improve this home and get it sold. I do quality work. Let me know if you would like my help. 

Post: How much profit should you make on your first flip?

James MacKinnonPosted
  • Contractor
  • Vienna, VA
  • Posts 42
  • Votes 6
Originally posted by @Account Closed:

My partner in Austin & I just bought a 3 bed 3 bath for $100 down. We are taking over the mortgage of $185,000 with $8,000 to the seller for moving. (We are into it for $8,000 total Plus closing) There is no work to be done, it is a 4 year old house. We have it on the market for $239,900 30 days later with us doing the marketing. No real estate agent involved. Does that count as a flip? I don't know the ROI but I like the numbers.

Keep on buyin'

Ken

 Ken, 

I'm curious how you found this deal? What's the story behind it? Home owner defaulting? House sold yet? How did you market it? Someone came to you with financing? Home was priced undervalued to attract buyers? What were some of the closing costs involved. Sorry for all the questions, I'm new to real estate investing : )

James

Post: How much profit should you make on your first flip?

James MacKinnonPosted
  • Contractor
  • Vienna, VA
  • Posts 42
  • Votes 6

@Engelo Rumora

Who are buying your properties in Ohio or are you renting them out? 

Post: I am looking for private money investors - high volume investor

James MacKinnonPosted
  • Contractor
  • Vienna, VA
  • Posts 42
  • Votes 6

@Westin Hudnall

Hey Westin, I may want to work with you. Can you send me some more information? Do you have any current projects you are working on that you need help with? Are you negotiable on the terms? 

Thanks!

@Robert Ellis That's amazing! Have any new projects in sight? I'm curious what kind of financing you used with 3.5% down? I'm new to investing. 

Post: Property Manager, Attorney, Lenders, and Contractors

James MacKinnonPosted
  • Contractor
  • Vienna, VA
  • Posts 42
  • Votes 6

@Nick Daniel

I perform most of the work myself or I'll have a helper or two with me. I know many people in the trades. Not sure about Richmond though. Northern VA yes.

Post: FULLY REHABBED TURNKEY RENTAL HOME we manage if needed.

James MacKinnonPosted
  • Contractor
  • Vienna, VA
  • Posts 42
  • Votes 6

Sorry for the double posting. 

Post: FULLY REHABBED TURNKEY RENTAL HOME we manage if needed.

James MacKinnonPosted
  • Contractor
  • Vienna, VA
  • Posts 42
  • Votes 6

Anyway of sending more information about the property? Pictures?