All Forum Posts by: Les Leslie

Thanks, @Rochelle Ray, @Dave Visaya, @Greg Horn. I look forward to talking with you about your goals and how we can work together.  Talk soon,

Les

Hey Blake: Good job! Just for clarity, 80K gets the buyer clear title to the property that needs about 10K fixup and the ARV is 151K?

Thanks, Michael. So far, I'm seeing several good possibilities. Also looking at possibilities on other islands and mainland.

Congratulations, Kurush. Assumptions and negative sidetracks, aside, deals down within legal limits and with proper disclosures provide great integrity in business... something I love to see in action.

In general, Leslie, paying down your mortgage faster builds equity faster. Coupled with the possibility of appreciation, you could build equity very quickly. What is the average yearly appreciation of your property and neighborhood?  If you project out how quickly your equity will increase, you can get a decent idea of how to leverage your resources. I usually use have the yearly appreciation as an estimate of growth. 

Hey Everyone! I'm new here, but not new in many other places. Originally from Iowa, I've lived in the San Francisco Bay area (Fairfield, CA), Las Vegas, Asheville, NC, Belton, TX, and now Lihue, HI--on the island of Kauai. I'm a retired Postal worker, former real estate agent, and former Law Enforcement Officer. Now, as  RE investor, I'm looking to bring a lot of pieces and connections together and help others make connections. Let me know how I can help you in any areas you might need information or assistance. Look forward to connecting with everyone here.

Les