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All Forum Posts by: Taylor Bettencourt

Taylor Bettencourt has started 4 posts and replied 5 times.

Post: Luxury Sporting Club & Residences

Taylor BettencourtPosted
  • Realtor
  • Cranston, RI
  • Posts 5
  • Votes 0

Hello everyone, been awhile since I've posted. I've recently taken on a new venture with a hospitality company that also deals in luxury real estate. The resort requires you to become a member before becoming an owner and it isn't cheap but I do see the value in it. My question is, does anyone have any creative suggestions on how to reach the clientele I need to reach? Currently none of our real estate is less than $1m and our memberships start around $15,000. Any advice is appreciated

The Preserve

Post: Subto/Seller financing advice

Taylor BettencourtPosted
  • Realtor
  • Cranston, RI
  • Posts 5
  • Votes 0

I believe it would need to be more of a hybrid. I know the seller still has payments to be made but they also do have equity in the house

Post: Subto/Seller financing advice

Taylor BettencourtPosted
  • Realtor
  • Cranston, RI
  • Posts 5
  • Votes 0

Hello, 

I'm looking to purchase my first home (not an investment property initially) with either of these types of financing. I believe Subto is technically the way I need to proceed due to the home having an existing mortagage. It is an off market deal that needs work to be comfortably habitable and I'm trying to think of how to structure the offer. I would like to request a low interest rate from them as well as a purchase price around $180k if they would take it. Ideally this would be amortized over 20 years or so. Has anyone had any success with these types of financing?

Thanks!

Post: Land and Road development

Taylor BettencourtPosted
  • Realtor
  • Cranston, RI
  • Posts 5
  • Votes 0

Hey everyone, dipping my toes into an unknown area once again. I’ve found 4 pieces of legal non conforming land in Rhode Island that I’m interested in purchasing. They meet requirements for setback and frontage and septic will be needed. However, a paper road needs to be developed in order to access the lots. I’ve gotten some pretty astronomical quotes as far as what it could cost just to construct the road and I’m wondering if there is someway the town could maybe help with this. Should a town help to develop this type of road?

Post: Separating Tenant Utilities

Taylor BettencourtPosted
  • Realtor
  • Cranston, RI
  • Posts 5
  • Votes 0

Hey everyone, beginner investor here in Cranston, Rhode Island. I’m looking to purchase a single family home in Cranston which may eventually be rented out. I was thinking of putting a tiny house in the back and doing a month to month lease since it has a good amount of land. I was wondering what were some favorite methods of separating utilities? I was trying to look into smart water meters but even then you would have to somehow manually input the new amount and request it from the tenant. Any suggestions would be appreciated, thanks!