All Forum Posts by: Nichole Ovens

RED FLAG!!! I did this with a vacation rental that I turned into a long term rental. It was completely destroyed by the tenants living there, they threatened to sue me for an uninhabitable place (which they caused) and then when their money ran out they threatened to squat if they didn't get their security deposit back.

I originally thought what could go wrong if they pay upfront. Well...my investment and my credit was ruined after I had to short sell the house for half of its value and I had my insurance company cancel my policy for using it too much.

The fact that this potential tenant has a job is good, but I can attest that anyone willing to pay upfront, may know a little something about their own problems and character...and they are trying "too hard."

Be careful and good luck!

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Did you have to replace roof, redo electrical or plumbing? Any basement mold or other remediation?

The before and afters are outstanding!!! Great job. Come down here to TN and work with us...we are looking at something similar...just not as expensive or high margin.

How did you fund the reno and purchase?

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Originally posted by @Jeanni Prescan:

Hey all,

I'm able to get a bogo on this product for a short while, and at the discounted fee of $3000 that makes each of our investment $1500 upfront. The fee is normally $3500. I've already inquired about how the bogo works and each of us will get all the same benefits in our own LLC. If you don't have an LLC no worries, they make one for you included in the cost. There would be no connections financially or otherwise between us. We each get our own log in to access the site, etc. Really, it's a good deal at that price. I've paid a lot more for money in the past.

I'm from Beaver, PA, 20 miles NW of Pittsburgh. Lived here all my life and am a licensed RE agent in PA, as well as an investor, having done rehabs for both flip and hold. I'm currently working on wholesaling. I've been in the RE business since 2004 with a bit of a break for the past 5 years to travel. I tell you all this to assure you I'm legit and not out to steal your $1500.00.

Please let me know ASAP if you'd like to take advantage of this, as the time for the offer is running out. I think it's a good deal and I really don't want to pay $3000. $1500 is so much easier to swallow. :)

@SeanMatthews, I also saw the 9% offer, but really, that's a whole lot of $$$ in the long run. Yes, it's an option for someone who can't come up with the upfront, but even on $100,000 that's $9,000! Whoa!

One thing to know is that there is a 60 day money back guarantee. I've checked BBB and their rating is good. On the average, they say that your money begins to be available 30-45 days after you sign up.

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Originally posted by @Account Closed:

@Jose Guevarra You may want to check out Seed Capital they offer the same type of thing through credit cards. However, they do not have a percentage success fee. It is fixed dollar amount and they guarantee you get at least $50k if you qualify for their program.

What is Seed Capital's fee/success fee? I have been getting calls and ads from so many similar companies that sound the same that they will help me get $50-$250k in business lines of credit at 0% interest. But you have to pay the company a fixed price or 8-10% success fee (which basically changes the real cost of acquisition.

I also read some other forum posts speaking of US Bank and their Edge Credit card doing similar. Has anyone else had experience with any other cards besides US Bank without using one of these middle-men companies that know how to play the game and charge a fee for service?

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Wow! Great job, excellent writing, awesome before and after pics. Thank you for telling such a wonderfully detailed story of your first project. Soo impressed!

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Awesome. I work for the CDC and have lots of contacts in and around Decatur, Emory, and Chamblee that might want to partner wirh me on a deal.

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Is the 123 Main an actual home in Decatur for sale or just an example of off market deals you have?

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[email protected]

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All Forum Posts by: Nichole Ovens

Nichole Ovens has started 5 posts and replied 42 times.

Post: Investment Property Lender comparison chart

Post: Would you AirBnB your property for more cashflow?

Post: Tenant Wants to pay entire years worth of rent but...

Post: Very first flip - COMPLETE!

Post: Anyone Heard of Credit Card Builders?

Post: Using Business Lines of Credit

Post: First BRRRR Complete with PHOTOS and numbers

Post: * CALLING ALL BUY & HOLD INVESTORS *

Post: * CALLING ALL BUY & HOLD INVESTORS *

Post: * CALLING ALL BUY & HOLD INVESTORS *