All Forum Posts by: Shane J. Renard

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $90,000
Cash invested: $190,000

Found this gem on market and purchased with cash immediately. I knew this wasn't going to be a easy fix, but I wanted the project and to showcase this Victorian home for the community.

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

The beauty of this home and location

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

On Market

How did you finance this deal?

Cash

How did you add value to the deal?

Total Renovation

What was the outcome?

Appraisal of over $300,000

Lessons learned? Challenges?

Take Risk, you only live once

@Paul Andrews, did you resolve this issue? I am here to help!

@Robin Simon. Let's talk about options. 

Not to give legal advise, but you need representation. 

@Adam Gusky. Let's chat

You can hire whom ever you want as long as the Sellers agree to this in the offer. The odor issue may be something bigger. Ozone machines kill the smell as long as you find the source and take care of that first. 

@Hunter Van Wyhe, 

There are so many ways to structure a deal. We should chat.. I am in your local area in De Pere.

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $89,900
Cash invested: $35,000

This is a Buy N Hold project. We are 1 week from completion. Then to rent out the property at $1500.00 month rent.

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

Marinette WI is a great are to invest in. Due to the lack of housing.

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

On market. MLS. We paid full price due to lack of housing and have the resources to turn this property into a great home for some family.

How did you finance this deal?

cash

How did you add value to the deal?

Total renovation

What was the outcome?

Almost done!

Lessons learned? Challenges?

Timing of sub-contractors

Investment Info:

Industrial buy & hold investment.

Purchase price: $124,900
Cash invested: $70,000

This is a commercial building located in the Walleye Capital of Oconto WI. I invested in the main building for the main purpose to turn this into a Walleye Lodge. Then Austin (tenant) came around and told me his story of Billmann Const. I knew he was a great fit for this property. We signed a (3) yr lease with the option to extend another (3) yrs with a 5% annual increase.

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

Awesome building

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

Off Market

How did you finance this deal?

Cash

How did you add value to the deal?

renovations and kick *** renter.

What was the outcome?

Great long term relationship with my tenant.

Lessons learned? Challenges?

Adversity.

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

Yes I worked with myself. LOL

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $125,000

Upper/Lower Duplex near the college campus.

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

There will always be a need for college housing.

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

MLS, paid full price.

How did you finance this deal?

CASH

How did you add value to the deal?

I will be doing the BRRRR method.

What was the outcome?

Not yet finished.