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All Forum Posts by: Mack Lengel

Mack Lengel has started 3 posts and replied 126 times.

Post: First STR in Tennessee

Mack LengelPosted
  • Smokies / Greenville, SC
  • Posts 129
  • Votes 146

Roughly tripling your investment in two years' time is not half bad. Hope the STR is still going well for you

Post: Out of state investments, Orangeburg,SC

Mack LengelPosted
  • Smokies / Greenville, SC
  • Posts 129
  • Votes 146

Hey, @Adriese Williams congrats on the deal!

I would learn a little bit more about all that you did.

What rehab did you do? Rented by the room or to one tenant? Did you refinance from the hard money loan?

Post: 1st Smokies Airbnb

Mack LengelPosted
  • Smokies / Greenville, SC
  • Posts 129
  • Votes 146

Congrats on jumping in

I remember when that one hit the market... a little more modern on the inside if I remember correctly

Post: First investment property purchase

Mack LengelPosted
  • Smokies / Greenville, SC
  • Posts 129
  • Votes 146

Congrats on your first post!

Post: First investment property purchase

Mack LengelPosted
  • Smokies / Greenville, SC
  • Posts 129
  • Votes 146

8 months of setbacks are quite a while! Glad you were able to close finally. How did that affect your interest rate?

Post: New Construction Investment

Mack LengelPosted
  • Smokies / Greenville, SC
  • Posts 129
  • Votes 146

Also congrats on your first post @James Parker Tussey!!

Post: New Construction Investment

Mack LengelPosted
  • Smokies / Greenville, SC
  • Posts 129
  • Votes 146

Glad to hear you are cutting your living costs by house-hacking it.

I am a little confused about the purchase price and cash invested. Did you only get a 50k construction loan? Your equity is the 250k you put into it and you will pull that out after a 6-month seasoning period? What are your plans to reinvest the equity?

Looking forward to hearing about it

Post: 9244 Henley Way

Mack LengelPosted
  • Smokies / Greenville, SC
  • Posts 129
  • Votes 146

Congrats on your first post!!

Post: 9244 Henley Way

Mack LengelPosted
  • Smokies / Greenville, SC
  • Posts 129
  • Votes 146

Sounds like a good little deal you got there! Would love to see pictures of the finished product

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