All Forum Posts by: Davon Lowery
Davon Lowery has started 50 posts and replied 383 times.
Post: 13.6% Cash on Cash Return. Cleveland Single family house. Property Management by The Holton Wise Property Group AVAILABLE!

- Investor
- Whitttier, CA
- Posts 405
- Votes 110
Thank you. I am interested.
Post: FIRST MIDWEST BANK SIGNATURE LOANS UP TO 25K

- Investor
- Whitttier, CA
- Posts 405
- Votes 110
sounds good. Hope it is still available when I'm ready
Post: 13.6% Cash on Cash Return. Cleveland Single family house. Property Management by The Holton Wise Property Group AVAILABLE!

- Investor
- Whitttier, CA
- Posts 405
- Votes 110
Looks good. What is the debt service expense? What does that mean?
Post: First Deal! How does this deal look to smart people?

- Investor
- Whitttier, CA
- Posts 405
- Votes 110
Congratz on your deal.
Heloc is awesome. Like previously mentioned you needn't worry too much about holding cost, as hard money rehabbed do
The assumptions include management or are going to self-manange?
As Joel stated, adding the bathroom might be feasible, IMHO, it would only allow for ROI if other properties in your area already have them. If you add it an they don't my be an inconsequential addition and not worth the effort; notwithstanding, it would be a great selling feature, but not so much on a rental. I've learned it's all about the bedrooms for rentals.
On its face sounds good. $200+ cashflow, plus equity building is great.
Good luck, keep us posted.
Post: New Member Intro - Tyler

- Investor
- Whitttier, CA
- Posts 405
- Votes 110
Welcome Tyler. Be sure to read the UBG and Real Estate Rewind, invaluable knowledge here on the forms.
The Investment calculators will aid you in your decision making.
Keep us posted.
Post: Just passed R.E. Exam in Louisville, KY

- Investor
- Whitttier, CA
- Posts 405
- Votes 110
Great job. Be very selective with the broker you decide to work with, makes all the difference.
Post: STUCK IN A HORRIBLE SITUATION

- Investor
- Whitttier, CA
- Posts 405
- Votes 110
Sorry to hear about your trouble.
When I bought my place the agent paid the tenant 20 bucks to show us the place.
I don't hear any legal responsibility of the seller, unless otherwise stipulated in your contract.
Not saying it was the best policy but, now Im own the place. So...
Good luck, hope it works out well. Keep us posted
Post: 20% down on 8 different properties

- Investor
- Whitttier, CA
- Posts 405
- Votes 110
http://www.b2rfinance.com/contact-b2r/
I have spoken with them on multiple occasions, they are investor friendly.
Post: Avg. Teardown costs in Chicago

- Investor
- Whitttier, CA
- Posts 405
- Votes 110
Thanks @Mike B. and @John Weidner
I was under contract on a property and when I got the home inspection back, i tucked tail and ran. Now I got a notification that the price has drop nearly half of what I offered; so, I might shoot them another offer, all they can say is no.
The property is about 1k Sqft so I'm estimating 10k tops?
Post: Avg. Teardown costs in Chicago

- Investor
- Whitttier, CA
- Posts 405
- Votes 110
Does anyone have a company that they use for their house tear downs in Chicago; if so, whats your average cost for a SFH and or MFH?
Turn around time conveniences and inconveniences?
Worthwhile endeavor? Architect? Building team?