All Forum Posts by: James Lucenti
James Lucenti has started 20 posts and replied 32 times.
Post: Multi-Family Endwell NY
- Real Estate Agent
- Endicott, NY
- Posts 36
- Votes 19
Investment Info:
Small multi-family (2-4 units) other investment in Endicott.
Purchase price: $105,000
Cash invested: $15,000
Sale price: $105,000
This is an investment property that I purchased. I have listed and sold multiple residential and commercial properties.
What made you interested in investing in this type of deal?
Diversify my investment portfolio.
How did you find this deal and how did you negotiate it?
Open market. I represented myself.
How did you finance this deal?
Conventional Loan
How did you add value to the deal?
Increased the rents, decreased expenses.
What was the outcome?
Increased GOI
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
I represented myself. I am a licensed real estate salesperson.
Post: Investment property in Endwell, NY
- Real Estate Agent
- Endicott, NY
- Posts 36
- Votes 19
Investment Info:
Small multi-family (2-4 units) other investment.
Purchase price: $105,000
Cash invested: $15,000
Sale price: $105,000
This is an investment property that I purchased. I have listed and sold multiple residential properties and three commercial
What made you interested in investing in this type of deal?
Passive Income
How did you find this deal and how did you negotiate it?
Listing
How did you finance this deal?
Mortgage
How did you add value to the deal?
Repairs/updates
What was the outcome?
Fully rented
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
I represented myself