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All Forum Posts by: Nicole Harrington

Nicole Harrington has started 28 posts and replied 66 times.

Post: I want to buy a 1920 home in GA Flipp most likely

Nicole Harrington
Pro Member
Posted
  • Posts 67
  • Votes 23

Thanks, Curt, I actually know you when I was a member of the REA here in ATL. BP is one of my big resources right now. I hear and get what you are saying, and appreciate your input. Maybe you want to partner and teach me on this one? I am always open to learning and learn best hands-on than just in class. 

Post: I want to buy a 1920 home in GA Flipp most likely

Nicole Harrington
Pro Member
Posted
  • Posts 67
  • Votes 23

Thanks,  yes It does have a chimney,  never thought about it was for cooking.  I'll double check on that.  Thanks for point.  

I think I will generally budget for a re-plumbing everything.  The bathroom  dosen`t function well at all. 

Post: I want to buy a 1920 home in GA Flipp most likely

Nicole Harrington
Pro Member
Posted
  • Posts 67
  • Votes 23

I just went to check out a 1920 cottage here in North ATL. it says it's a 2/1 but honestly, I don't think you can count a bathroom with no sink, just a tub, and toilet a bathroom. LOL, The floors are uneven, so most likely I need some structural reinforcement done. Lucky the crawlspace is mostly a walk space, so plenty of room and accessibility. I know of the lead-based paint, but I think if I don't disturb it, and drywall over it it'll be ok. The windows are a different story, they all need to be replaced. Do I still need a specialized team to do that? The electrical was updated at one point, so it's not the old round circuit breakers. What else should I watch out for in this age home? Asbestos? 

Post: What Insurance do I use?

Nicole Harrington
Pro Member
Posted
  • Posts 67
  • Votes 23

Our insurance agent checks multiple different agencies, therefore always finds the best rate. He will also adjust if something better comes up. Message me for his info. 

Post: It's the season of a good heart. Rental needed in Kennesaw GA

Nicole Harrington
Pro Member
Posted
  • Posts 67
  • Votes 23

I know this is a long shot, but I have to try. I am working with a not-for-profit organization called Warrier Brides. They rescue sex trafficking girls/women and rehabilitate them so they can build a life for themselves. They are in desperate need of rental properties to house the women. Their budget for this one is <$1500 2 bedroom within 30 min of Kennesaw GA. The organization will pay the rent. Can anyone please help us? 
https://warriorbrideministries.com

Post: Getting my feet wet with my first deal

Nicole Harrington
Pro Member
Posted
  • Posts 67
  • Votes 23

Investment Info:

Other other investment in Woodstock.

Purchase price: $165,000
Cash invested: $165,000

Thinking about BRRRR or Flip

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

Starting my first one. Long term rental

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

FMLS after inspection negotiated $25k below offer price.

How did you finance this deal?

Cash

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

I am my own agent

Post: Where to I start on the reno. It needs everything

Nicole Harrington
Pro Member
Posted
  • Posts 67
  • Votes 23

I am very excited about my first purchase.

Now going into the rehab. I was wondering since the whole house has to be done, what is the best order to do the projects, to be most efficient and the least amount in each other's way? 

Roof asap and some rotted wood. While they are working on top, I think I can start inside as well. Or is it too much commotion and traffic in the house? 

Bath and paint at the same time, I would like to cover up the popcorn ceilings throughout and give it a nice fresh coat of paint so first ceiling sheetrock, then ceiling paint, than wall paint, should trim and door frames come before wall paint? The master bath needs tiles, new vanity, & a tub. The 2nd bathtub I hope to be able to reglace and safe, new vanity and sink. 
Flooring next, since I am doing the whole house 1200sqft ranch in the same LVP, where in the house should I start? 

Post: Help me analyze this deal

Nicole Harrington
Pro Member
Posted
  • Posts 67
  • Votes 23

 @Dave E. I agree, getting my feet wet and doing it is part of the fruit I harvest. 

Post: Help me analyze this deal

Nicole Harrington
Pro Member
Posted
  • Posts 67
  • Votes 23

@Kevin Sobilo thanks for your input, this is my first one and I would be ok with a little less return to get my feet wet. 

Post: Help me analyze this deal

Nicole Harrington
Pro Member
Posted
  • Posts 67
  • Votes 23

View report

*This link comes directly from our calculators, based on information input by the member who posted.