All Forum Posts by: Wendy Lovejoy

Hi there,
You are invited to a Zoom meeting. When: Nov 9, 2021 01:00 PM Eastern Time (US and Canada)
Register in advance for this meeting:https://us02web.zoom.us/meeting/register/tZ0vcuugqDwiHte7YMnUciNYvUTqwLMmK5lj
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Replay links
Airbnb Basics https://the-reia.teachable.com/courses/free-trainings/lectures/35966225

Airbnb in Punta Cana https://the-reia.teachable.com/courses/free-trainings/lectures/36011578

I know a lot of people struggle once they have to speak to others about real estate . Whether you are an investor or an agent it can be overwhelming UNLESS you know the basics to say.   

Hopefully joining us for those FREE live event will make it a lot easier and build your confidence.    This is a facebook live event. and we would love to have you join   

I am selling an attached brick townhome in Cambria Heights  New York.    You can drive by but DO NOT DISTURB the tenant.    2 bed    baths.     basement.     driveway.    I am the broker on this one call me.    Asking $425900.  needs about 20 k in repairs    

This is a friendly reminder    Dream Boards Help manifest bigger dreams and lifestyles.  For so many the DREAM BOARD is what helped take them to attain more in life.   Learn how to create you own dream board. Learn the power of this simple tool and how 2021 can be so much better when you DREAM BIGGER.   Today at 1 pm EST., you can join us via zoom.  Heres the link https://us02web.zoom.us/j/87657523596?pwd=M2tNdnBKODhPZ1BidlB5NkF4ZXNTUT09

Would you like to add more deals from your Facebook activities?.     Ryan Hodge will share a step by step process . This is a free zoom event join us 

Investment Info:

Single-family residence buy & hold investment in Queens .

Purchase price: $112,000
Cash invested: $9,000
Sale price: $225,000

I purchased it and put in about 30k in repairs. Then sold it to a family and made about 80,000 after all my expenses

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

It was a good starter home in a great neighborhood. But I normally purchase duplexes

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

I found it on MLS and I put in the offer as a Broker. The seller excepted and part of my commission was helpful in the No Money Down concept

How did you finance this deal?

I used a traditional lender

How did you add value to the deal?

I updated the kitchen and one the bathrooms. And I added yard appeal

What was the outcome?

It was a fast sale once I shred with the neighbors I was selling. I asked them if they knew anyone they wanted to make a neighbor

Lessons learned? Challenges?

Using people who like the work and had respect for working with me. I also used a family friend to do the work

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

Yes myself. And Anthony Williams of Real Estate is Power in New York. 404-997-0297. He is a mortgage consultant

I am hosting a live stream on Tues @ 7:30 pm Est on my Facebook group The REIA Meetup We will share some ideas to create cashflow to help close more deals And while there you can see our last live on Staying Motivated

Join us on THE REIA MEETUP page on facebook.