All Forum Posts by: Jodi DeCarlo
Jodi DeCarlo has started 10 posts and replied 11 times.
Post: Investment in Syndication

- Avon, NY
- Posts 11
- Votes 1
We closed on an 316 unit A class multi-family building north of Ft. Worth, TX with our equity partners. What type of returns are you guys getting on your deals? Is everyone still investing in multi-family? Any investments in hotels or industrial properties available?
Post: REO owned - Bank CALLED US to take it off their hands

- Avon, NY
- Posts 11
- Votes 1
Yes it is. Thanks
Post: Buy & Hold turned into Fix & Flip

- Avon, NY
- Posts 11
- Votes 1
Investment Info:
Single-family residence buy & hold investment in Dansville.
Purchase price: $50,000
Cash invested: $30,000
Purchased this one for a client on a lease with option to purchase. Worked with them for the first 2 years to build up their credit and then they didn't follow through on the purchase. Once they moved out, we renovated the house and are under contract to sell

Post: REO owned - Bank CALLED US to take it off their hands

- Avon, NY
- Posts 11
- Votes 1
Post: Bought our 1st flip at a family gathering from a cousin

- Avon, NY
- Posts 11
- Votes 1
Post: Bought at Tax Auction and sold to a great family

- Avon, NY
- Posts 11
- Votes 1
Post: REO owned that no one wanted

- Avon, NY
- Posts 11
- Votes 1
Investment Info:
Single-family residence fix & flip investment in Rochester.
Purchase price: $71,000
Cash invested: $46,000
Sale price: $163,900
1960's ranch that owner could no longer afford to pay for or keep up. Roof was leaking and approx. 1/2 of it had to be rebuilt. Had pink & black tiled bathroom that everyone loves.

Post: REO owned - Bank CALLED US to take it off their hands

- Avon, NY
- Posts 11
- Votes 1
Investment Info:
Single-family residence fix & flip investment in Honeoye.
Purchase price: $19,000
Cash invested: $30,000
Sale price: $73,000
Real close to the public beach area of Honeoye Lake, cottage style smaller home that we built closets in and made into a beautiful home for a family.
Post: Bandit sign brought us this one and what a mess

- Avon, NY
- Posts 11
- Votes 1
Investment Info:
Single-family residence buy & hold investment in Hornell.
Purchase price: $3,000
Cash invested: $30,000
Ex-wife owned it and ex-husband was living in the kitchen & dining room. Was using the oven as a heating source
Post: Bought our 1st flip at a family gathering from a cousin

- Avon, NY
- Posts 11
- Votes 1
Investment Info:
Single-family residence fix & flip investment in Hornell.
Purchase price: $3,000
Cash invested: $36,000
Sale price: $59,900
They had moved out a while ago and were going to lose the property to taxes.