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All Forum Posts by: Bonnie Laslo

Bonnie Laslo has started 1 posts and replied 39 times.

Post: closing on my first deal

Bonnie Laslo
Posted
  • Real Estate Consultant
  • Charlotte, NC
  • Posts 40
  • Votes 27

Congrats, yes I would use an attorney to do all my closings. It's normally the same price as title company but they can do more. Yes I would suggest getting loan docs in place, they normally give them to the attorney for signature and review. 6 months is a short timeline for your 1st deal , make sure you have an extension clause, in case you do have seasoning requirements. You could also have your buy & hold LLC purchase from your renovation company so you have a clean title transfer and better new acquisition rates vs. a refi. It's like buying the house from a company that you might have partners in to fix, then buying when it's turnkey.

Post: A newbie introduction

Bonnie Laslo
Posted
  • Real Estate Consultant
  • Charlotte, NC
  • Posts 40
  • Votes 27

Welcome Karah, I'm and investor, broker, consultant and am in the Daytona Beach, FL & Gainesville, FL ares which is close to Jax. Let me know what your looking to do and we can chat. I've gotten up to 500-units, but can help guide you if you need anything.

Post: What to ask when interviewing a tenant

Bonnie Laslo
Posted
  • Real Estate Consultant
  • Charlotte, NC
  • Posts 40
  • Votes 27

I do 3 times the rent, no violent criminal or evictions ....... unless u want to do 2nd chances with a double deposit. Verify employment with pay stubs and over 90 days. Look for any rent judgements on credit, etc.

Post: I am Newbie into real estate investment

Bonnie Laslo
Posted
  • Real Estate Consultant
  • Charlotte, NC
  • Posts 40
  • Votes 27

Welcome, I've gotten up to 500-units myself and have done hundreds of deal transactions. Let me know if you have any questions that I can assist you with. :)

Post: House Hacking in South Florida

Bonnie Laslo
Posted
  • Real Estate Consultant
  • Charlotte, NC
  • Posts 40
  • Votes 27

Anytime and good luck! @Gillian C.

Post: Buy and hold Charlotte

Bonnie Laslo
Posted
  • Real Estate Consultant
  • Charlotte, NC
  • Posts 40
  • Votes 27

Thank you for the kind words @Benjamin Levite

Post: New member from Charlotte NC

Bonnie Laslo
Posted
  • Real Estate Consultant
  • Charlotte, NC
  • Posts 40
  • Votes 27

Hi there Bonnie Laslo on the scene! LOL 

Always open to partnering with the productive & results oriented team members!

Post: intrinsic value on 5 plus unit buildings

Bonnie Laslo
Posted
  • Real Estate Consultant
  • Charlotte, NC
  • Posts 40
  • Votes 27

Make sure it's a 10% CAP for above, and you'll soon find that it's easier to find funding than u think :) You can also take in a partner to assist or use a property management company.

Post: House Hacking in South Florida

Bonnie Laslo
Posted
  • Real Estate Consultant
  • Charlotte, NC
  • Posts 40
  • Votes 27

So when you can't find them ......... you just create them. Example: Just for #'s sake if houses in a neighborhood are 100k, then just offer 70k cash to everyone in the neighborhood to see who takes you up on the offer. You can always use private funding for acquisition on fast closings ......... then refi into a longer term financing loan. :)

Post: 3 Bed House - Walk to UF!

Bonnie Laslo
Posted
  • Real Estate Consultant
  • Charlotte, NC
  • Posts 40
  • Votes 27

Will do :)