All Forum Posts by: Thomas Pigeon
Thomas Pigeon has started 2 posts and replied 4 times.
Post: Investing in Luray, Rileyville, Shenandoah, Front Royal, Virginia
- Posts 4
- Votes 11
Quote from @Robert M.:
Quote from @Thomas Pigeon:
Does anyone on this thread have any recommendations for cleaners? I’ve reached out to magic, but they seem priced pretty high compared to the cleaning fees I am seeing other hosts charging.
Thanks!
Thank you for the information much appreciated!
Post: Investing in Luray, Rileyville, Shenandoah, Front Royal, Virginia
- Posts 4
- Votes 11
Does anyone on this thread have any recommendations for cleaners? I’ve reached out to magic, but they seem priced pretty high compared to the cleaning fees I am seeing other hosts charging.
Thanks!
Post: Road to financial freedom starts with a househack!
- Posts 4
- Votes 11
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $410,000
Cash invested: $40,000
4 Bed 2 Bath Duplex (Side by Side identical units) househack. Property had minimal work needed to be done and we bought using an FHA loan! $40k into the deal with down payment, closing costs, replacing furnaces/adding AC, and a couple misc. items.
What made you interested in investing in this type of deal?
Househack! We knew that just getting our first deal would jumpstart our REI journey!
How did you find this deal and how did you negotiate it?
MLS via a great local agent!
How did you finance this deal?
FHA loan 3.5% down
How did you add value to the deal?
Added AC, and brought rents to market. Big value was on money saved to close on the deal.
What was the outcome?
Just signed tenants and are excited to see the outcome!
Lessons learned? Challenges?
We shall see!
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Aaron Farr with 4 Degrees Real Estate (Agent) and Jason Paull with Fairway Mortgage (Lender)
Post: New Spokane Investors
- Posts 4
- Votes 11
Hello,
My wife and I are new investors in the Spokane, Washington area! We are excited to start building our network and meeting other individuals in the area. We moved to Spokane in April 2020 from Tampa, FL. We are originally from MN, but lived in Tampa for the past 3 years while my wife completed PA school. The mountain life pulled us to Spokane and we could not be happier! We are actively searching for single family, multi family, apartment buildings, and industrial investments. We would love to connect with others to share ideas about investing, form relationships in this business, and even work some deals. If you are in the area and want to connect please feel free to reach out.
TJ Pigeon and Michelle Korthauer