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All Forum Posts by: Kelly B.

Kelly B. has started 5 posts and replied 112 times.

@Corey Dutton, nice run down on essentials for a private lender

Post: Private lender deal structure

Kelly B.Posted
  • Investor
  • Wausau, WI
  • Posts 115
  • Votes 26

You would have to talk to her but perhaps she is on!y wanting the 4.74% on her money since her brokerage account is probably less than 1%.

Post: Copy of tenants ID

Kelly B.Posted
  • Investor
  • Wausau, WI
  • Posts 115
  • Votes 26

My tablet is able to scan in a document, etc taken as a photo.

Post: Help! Insurance dropped despite inspector saying roof is New and Good

Kelly B.Posted
  • Investor
  • Wausau, WI
  • Posts 115
  • Votes 26

A signed statement from a roofing contractor (with their letterhead), with photos, may prove helpful.

@Karen Margrave, I bet you would do fine here & the marketplace!

Thanks Lucian, nice info.  Also, I found their link to a Landlords Guide to Taxes, helpful.

Post: Vacation Rentals Referrals

Kelly B.Posted
  • Investor
  • Wausau, WI
  • Posts 115
  • Votes 26

@David Ocon, how are you able to get financing on so many in 1yr?  I just put an offer on one & will be awaiting the banks decision on a commercial loan.  We've done other business with him before but this idea is new to him.  We shot some numbers over to him so we'll see.

Post: Corporate Housing By Owner (CHBO)

Kelly B.Posted
  • Investor
  • Wausau, WI
  • Posts 115
  • Votes 26

Thanks Chante,

I've been thinking in my off season that temporary housing for people on a short term gig/consulting job would be good to advertise to.  Also, I'm planning on marketing to Realtors for people between housing when they are buying/selling (during my off season)!

Post: Furnished or unfurnished vacation rental?

Kelly B.Posted
  • Investor
  • Wausau, WI
  • Posts 115
  • Votes 26

Mark, if you outfit it yourself, it perhaps would cost between $15000 to $35000 depending on the fit and finish.  Also, I've heard some people use a personal shopper together with your input, may do it cheaper than an interior designer.

Post: Driving for Dollars- found foreclosed property how do i get contact info???

Kelly B.Posted
  • Investor
  • Wausau, WI
  • Posts 115
  • Votes 26

Great info from Mary.  If you find it belongs to a local bank you have a chance, if elsewhere, it could stay like it is for another 1/2 year to 2yrs.  I've kept my eye here on a few properties over the yrs, then I drive by and they are gone(scrapped right off), a contractor is working on it for a bank, or finally a Realtors sign.  You just never know.  Shadow inventor is a real thing.

Good luck.