All Forum Posts by: Natelya G.

@Nandy B.

6k. I would not do it again.

@William T parkerIii

Are you nearby? Will you be able to collect weekly or monthly rates? Will you self manage?

Just trying to brainstorm..

@William T parkerIii

I would not. Is there anyway this home can be converted to multiple units?

Investment Info:

Single-family residence buy & hold investment in Macon.

Purchase price: $45,000
Cash invested: $9,800

Wholesale property, 5 bedrooms, 2 bathrooms.

What made you interested in investing in this type of deal?

The price and recent sales in neighborhood.

How did you find this deal and how did you negotiate it?

Craiglist

How did you finance this deal?

Private Money Lender

How did you add value to the deal?

Rehabbed

What was the outcome?

Rents $975

Lessons learned? Challenges?

How to close a deal when a property is listed with a wholesaler.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

No.

@Wadia Francis

Try the county tax assessors website.

@Rey Lopez

Have you thought about getting a personal loan? Or a private money lender?

We have invested in that price range and use local private money. Many of these individuals are at your local real estate meetings.

@Sean Robles Are you able to take out a loan against your 401k?

@Jennifer Rysdam

I use docusign for my leases. I use cozy.co to manage my properties. Since you will be remote start finding contacts now: painters, flooring, handyman, etc.

@Oliver Geppert

You can inbox me for specifics.

@Dawson Easterlin

Have you ever thought about starting with doing general labor for any local investors? Maybe hand out business card to local realtors or attend a local reia meeting?