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All Forum Posts by: Latesha C.

Latesha C. has started 4 posts and replied 46 times.

Post: Home Repair warranties worth it or not

Latesha C.Posted
  • Milwaukee, WI
  • Posts 49
  • Votes 12
Thinking about the sears home warranty. The one that's $70.00 a month with a deductible upon visit, accompanied with $10,000 worth of damage per year. This covers appliances and home care like electric, plumbing, Air condition, etc. Worth it or not.

Post: Buy for rental or wholesale

Latesha C.Posted
  • Milwaukee, WI
  • Posts 49
  • Votes 12

@Rebecca Knox are you open to mentoring?

Post: Buy for rental or wholesale

Latesha C.Posted
  • Milwaukee, WI
  • Posts 49
  • Votes 12
Hello Rebecca Holmes I see your signs all over Milwaukee. I was thinking of coming to one of your meet ups I'm not really versed on how short sales work. Sorry for responding so extra late. I will check that out though. Thank you.

Post: Buy for rental or wholesale

Latesha C.Posted
  • Milwaukee, WI
  • Posts 49
  • Votes 12

Latesha C. from Milwaukee, Wisconsin

@Adam Sanders, thanks for replying. Yes, your right with this being my first possible investment I only want to make the right decision.

@Janett Voss, this was exactly what I was meaning regarding the low economy there. She rent out at 450 only because of the work that needs to be done. It also is a 3 bd 2 bath zip is 71701. I also thought about how she have renters now and she don't have problems with them at all. Her father in law is acting as manager. I thank you both so much for taking the time out to answer me. 

Post: Buy for rental or wholesale

Latesha C.Posted
  • Milwaukee, WI
  • Posts 49
  • Votes 12

Thanks #Adam Sanders for replying. Yes, your right with this being my first possible investment I only want to make the right decision.  

Thanks to you as well #Janett Voss this was exactly what I was meaning regarding the low economy there. She rent out at 450 only because of the work that needs to be done. It also is a 3 bd 2 bath zip is 71701.  I also thought about how she have renters now and she don't have problems with them at all. Her father in law is acting as manager. I thank you both so much for taking the time out to answer me.

Post: Buy for rental or wholesale

Latesha C.Posted
  • Milwaukee, WI
  • Posts 49
  • Votes 12

Hello everyone on bigger pocket. My sister has a home in Camden, Arkansas where she lived and relocated home to Wisconsin. Through listening to bigger pockets pod cast and reading. I've learned a lot about wholesaling and holding for rental property. Here is the deal, my sister bought the home in Camden, moved and rented out her home. She bought the house through finance at 41,000 or so, with a balloon payment.  She would have to pay everything in 2019 April, which is 20,000, rounding off.  There is some plumbing issues and cosmetics. She wants out and want this house out her name. In 2019 when the ballooning, lol,take place.

Do you think I should buy and make as a rental property or wholesale considering it's not in my home town with this being my first deal. 

Thank You and appreciate any answer that you supply.

BTY: I don't have pic because I have to find the perfect one.