All Forum Posts by: Danielle Bulla Isenhour

You're welcome @Lais Vang!

@Lais Vang

Welcome! You’ve come to the right place to network, learn, and succeed!

Best of luck to you,

Danielle

@Ella Mai

I’m sorry to hear this happened to you.

I'm not sure of the laws in CA, but in VA you can file felony charges against him.

Unfortunately, I had an electrician steal $1,525 from me in May 2019. Finally, I pressed charges against him. The detective that’s been helping me has been a wealth of knowledge and a great resource. Message me your email and I’ll send you the information that I have on how the process works in Virginia.

In 2015, I had a concrete guy take $2000. We went to court and filed a civil suit against him. He paid us $600, and never came up with the rest. The judge allowed us to file a judgement against him as person (not his company). In order for the judgement to be applied we needed his social security number, which we didn’t have. We did file a lien against his construction equipment, but nothing ever came of that either. Had I of known about pressing charges, I would of went that felony route on him as well. It’s easier for the general public to find out about criminal records versus judgements.

I hope that you get your money back.

I’ll be happy to help,

Danielle

@Patti Robertson

Amen to not using Navy Federal!!! 🙌🏼

@Nick Aquiningoc

Welcome! You definitely have the right mind set. Keep researching and saving. When the right deal comes your way, you’ll be prepared.

Wishing you all the best!!!

@Josh Carroll

Hi Josh,

I’ll send you a direct message with a few GC’s that I’ve worked with personally. I don’t want to post their numbers, because I call them when I give out their info. That way they know who to expect a call from!

@Michael Snead it was on Mandan Rd. Toy is located in a different neighborhood, but the houses are the exact same. 😌

@Ernest Grindle - Thank You! On my first flip, I probably made .50 per hour. It's a challenge to pay the upfront costs, but you're right, it's better in the long run. I look forward to meeting you as well.

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $100,000
Cash invested: $190,000
Sale price: $250,000

Used a General contractor on this property and did minimal work ourselves.General contractor made things so much easier! We were still able to work our full time jobs, and we'd stop by to check on the progress. Using the GC cost us so much more than we had planned on paying. We were way over budget, but profitable and didn't have to work nights & weekends.

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

Location

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

MLS. We offered $35,000 below list price and WON the bid!

How did you finance this deal?

Partnered up with friends and used our personal savings. There are 2 couples involved, including my husband and I. We split the cost of the house and renovations 50/50.

How did you add value to the deal?

Completely renovated with high quality finishings. Our rehab SOLD for $20,000 more than anything else in the neighborhood. We added 300 square feet and already had a 2 car garage, but this house definitely improved the neighborhood value.

What was the outcome?

Received an offer before it was complete, and even on the market.

Lessons learned? Challenges?

This property came with tenants. No deposit or rent transferred over to us. The tenants wanted to stay, but we felt the house was "unsafe". They moved out with out paying rent, and left a house full of furniture.

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

I was the real estate agent that represented our group.

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $100,000
Cash invested: $190,000
Sale price: $250,000

Used a General contractor on this property and did minimal work ourselves.

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

Location

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

MLS. We offered $35,000 below list price and WON the bid!

How did you finance this deal?

Partnered up with friends and used our personal savings. There are 2 couples involved, including my husband and I. We split the cost of the house and renovations 50/50.

How did you add value to the deal?

Completely renovated with high quality finishings. Our rehab SOLD for $20,000 more than anything else in the neighborhood. We added 300 square feet and already had a 2 car garage, but this house definitely improved the neighborhood value.

What was the outcome?

Received an offer before it was complete, and even on the market.

Lessons learned? Challenges?

General contractor made things so much easier! We were still able to work our full time jobs, and we'd stop by to check on the progress. Using the GC cost us so much more than we had planned on paying. We were way over budget, but profitable and didn't have to work nights & weekends.

This property came with tenants. No deposit or rent transferred over to us. The tenants wanted to stay, but we felt the house was "unsafe". They moved out with out paying rent, and left a house full of furniture.

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

I was the real estate agent that represented our group.