All Forum Posts by: Eli James

1216 brody ave is the property next door. Worth 350k according to Zillow. Every rebuilt house in the neighborhood is worth 300-350k. And that's just my street. A couple of these houses I'm showing you are like 1500 sq ft and worth 300k

1122 brody ave...1124 brody ave....1218 brody ave...all maryville . 

29407

1122 brody ave...1124 brody ave....1218 brody ave...all maryville . 

And yes the whole neighborhood is flood zone. It's the maryville avondale area mr s. All house must be built going up. The original house was 1275 sq ft. One floor. all the new houses (so beautiful) are 2...3 stories. So the options I was looking at are all two story plans. And yes there a few "priced" at least than 200k to build. But like I was told find true price.

Waiting on response from a couple builders I've spoken to thanks to ms Mitchell's advice I ask them the "true" price (specs etc) of the build. So I will better informed to be helped. Was told that financing with builder would be best bet but idk. So I bring all my questions here. 

Sorry, had a parade this morn. Thank u all. I'm not the best communicator so be patient with me. Big fan of John bogle and buffet.  So I am buy and hold all day. Bought my first house, had kids, bought bigger house. Rented first one out. Felt great. Did it again. And we said.....FEEEEELZ GOOOOOD!!! (Henry danger voice) and did it again. So now were living in a rental with a couple rental properties. And then this happened with mother's property. Ive dealt with 203k in past also but not familiar with this. I'm naturally a buy n hold guy so I'm thinking how can I put house there. Rent it out (leveraged properly) while pulling out equity to take over the world or if too much over my head just buy and hold land for profit. So sought after. Her block is last of the mohican. Lol. I mean the hold neighborhood has been revamped. Just her block left.My score is 760. My wife's is 730. 

keep it coming ms Mitchell. Good to me mr. S. Will definitely be in touch with you neighbor. 

sup tyler. im a newbie also. i tried wholesaling in the beginning but didnt work for me. doing numbers on single family home properties is working so far. if you cant get a beat on the trending markets in your area, do some homework on the area where the most properties are being bought with cash. thats your pied piper right there. HOT area. if you can get houses in these areas, with a readied buyers list...prime. but once you get rolling try to keep one out of every 6 for buy and hold. the more houses you see the better potential for the numbers to be in your favor for the buy and hold strategies. dont forget the lil people. stay inspired. 

hello. i need some help with this. ok, my neighborhood i grew up in has had a complete makeover in the last decade. the side of the street wherre i used to live is the only section left with the original houses. my mother has lived in the house by herself last 6 years. the house burned down last year. now its just a open lot. houses in the neighborhood are going for 380k for houses 2000 sq ft. (29407). beautiful crime free area minutes from downtown Charleston and beaches. prime. my mother will sell the property to me for 50k. i found a builder that can build for 170k. so my understanding is that my mortgage would be 220k if im not mistaking. im trying to pay my mother through the mortgage. i need to know the best way to play this because there is going to be instant equity but i know there is a better way to do this. just not that educate yet. a better way to leverage it. shooting for 3 bdr 1.5 ba. thats what is was before the fire. built 1971, 1275 sq ft, appraised for 250k year before fire. need help. there are two houses in the neighborhood of our rental property that are not on the market yet. numbers on them look great. appreciation potential, equity, and great location. owners willing to work with me. i can really use this potential equity for these great opportunities. we have saved nearly 20k. need some help. wwyd???