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All Forum Posts by: Dawn Roy

Dawn Roy has started 10 posts and replied 76 times.

Post: Richmond Area Title Company

Dawn Roy
Posted
  • Real Estate Broker
  • Midlothian, VA
  • Posts 76
  • Votes 41

Aurora Title is my go to.  Have you reached out to them?

Cheers1

Post: New to real estate investing, with $100k to start. Any advice?

Dawn Roy
Posted
  • Real Estate Broker
  • Midlothian, VA
  • Posts 76
  • Votes 41

@Dielita McKnight,

There are so many wonderful ppl here in RVA.  Like earlier responses, join and attend as many networking groups as you can.  Here is something that is a can't miss:

https://elitedealmakers.com/

Start slow and don't be quick to jump.  Flipping houses take time and finesse.  Remember, you make your profit when you buy not when you sell.  You MUST buy it right for the numbers to work.  I have seen too many ppl get themselves into a mess by not having a definitive "buy box" and not staying within those parameters.

The best of luck to you.

Cheers!

Post: Should I Sell?

Dawn Roy
Posted
  • Real Estate Broker
  • Midlothian, VA
  • Posts 76
  • Votes 41

@Conner Hitchcock,  

The most difficult thing in any decision regarding real estate is to keep emotions out and look at the raw data. The townhouse is a win for you financially and can be the vehicle that rights the ship. Before rushing out to sell your SFH, look at options like a HELOC on the townhouse to help bring things into alignment. It sounds like you need to consolidate debt into something manageable.

If your SFH provides the space for your growing family, perhaps it is best to tackle the most pressing issues and continue to stay where you are. Remember, the improvements you are making or items that you are correcting will add value to your home when you do decide to sell.

The advise from others to have a home inspection is solid.  From there, you can work your way to making this the home you were wanting for your family.

Take a breath, enjoy the season of becoming parents and try not to eat the elephant all at one time.  Slow and steady will always win the real estate race.

Cheers!

Post: RVA Utilities for MTRs

Dawn Roy
Posted
  • Real Estate Broker
  • Midlothian, VA
  • Posts 76
  • Votes 41

Average utilities are going to be property specific depending on the energy sources, etc. Garbage is a separate fee and setup. I have a STR in Richmond and pay water/sewer/garbage through the city and power through Dominion. Hope this helps.


Cheers! 

Post: Add Solar to a SFH rental

Dawn Roy
Posted
  • Real Estate Broker
  • Midlothian, VA
  • Posts 76
  • Votes 41

No value.  Not likely the best option for your money.

Cheers!

Post: Looking to network in central Virginia!

Dawn Roy
Posted
  • Real Estate Broker
  • Midlothian, VA
  • Posts 76
  • Votes 41
Quote from @Kevin C.:
Quote from @Dawn Roy:

There are several wonderful meet ups here in the Central VA area. You will not find a better group of ppl who are willing to help you. There are also monthly investor crawls....as I like to call them. Those are my favorite!

Cheers!

Where are the investor crawls?! I’m interested!
They are always in different locations here in and around the city.  What is the best email for you and I will forward the next one for September.

Cheers!

Post: Need a bank that will set up a checking account for an LLC owned by a Roth IRA

Dawn Roy
Posted
  • Real Estate Broker
  • Midlothian, VA
  • Posts 76
  • Votes 41

I second the vote for Solera National Bank.  Have my account there and have been happy with them.  

Cheers!

Post: Looking to network in central Virginia!

Dawn Roy
Posted
  • Real Estate Broker
  • Midlothian, VA
  • Posts 76
  • Votes 41

There are several wonderful meet ups here in the Central VA area. You will not find a better group of ppl who are willing to help you. There are also monthly investor crawls....as I like to call them. Those are my favorite!

Cheers!

Post: Duplex Finance Options

Dawn Roy
Posted
  • Real Estate Broker
  • Midlothian, VA
  • Posts 76
  • Votes 41

Irvin,

I would encourage you to connect with a local lender in your area or the area you are considering your investment.  Being an owner occupant will greatly expand your options.  

Cheers!

Post: Shenandoah Area Realtor. Offering and asking for Help!

Dawn Roy
Posted
  • Real Estate Broker
  • Midlothian, VA
  • Posts 76
  • Votes 41

More than happy to have a conversation with you.  I am in my 11th year and it is a wonderful rollercoaster of a profession.  Congratulations on your new journey.

Cheers!

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