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All Forum Posts by: Michael Dumont II

Michael Dumont II has started 4 posts and replied 72 times.

Post: BiggerPockets is bigger than Portland, OR

Michael Dumont IIPosted
  • Investor
  • South Burlington, VT
  • Posts 76
  • Votes 36

That's only because everyone here - Vermont - is trying to be an investor!

Post: Hello from Vermont!

Michael Dumont IIPosted
  • Investor
  • South Burlington, VT
  • Posts 76
  • Votes 36

Yes welcome to BP!

Post: Trafficmaster Cerimica for a rental?

Michael Dumont IIPosted
  • Investor
  • South Burlington, VT
  • Posts 76
  • Votes 36

Thanks phil,

I will note the water degradation with the grout for my future use. Thanks for your response and time.

Post: Trafficmaster Cerimica for a rental?

Michael Dumont IIPosted
  • Investor
  • South Burlington, VT
  • Posts 76
  • Votes 36

I have used Trafficmaster Cerimica from Home Depot for my own home. Its a groutable laminate stick down tile that looks very good. Its easy to replace individual tiles and grout in a matter of minutes. Has anyone had experience with this in rentals? Just looking for pros and cons. I will be installing in an 1925 building for some insight.

Thanks in advance,

Post: Lease option to sell/owner financing question

Michael Dumont IIPosted
  • Investor
  • South Burlington, VT
  • Posts 76
  • Votes 36

Hello Germain,

I live in South Burlington and am a Realtor but an inversor formost hoping to close my 9th buy and hold by the end of the month. I to sugest talking to your attorney as the property being a duplex in most financing situations should not be cuse for no financing. I would speculate that it has more to do with the buyers debt to equity and prsonal lifestyle choices in the past. Just be sure to not jump without very carfal due diligence. 

Godspeed in your venture,

Post: My first flip and looking for a place to buy windows

Michael Dumont IIPosted
  • Investor
  • South Burlington, VT
  • Posts 76
  • Votes 36

Harvey's is also just 10 min east of burlington vt, out of williston. They are very compeditive in pricing in our area as well as have great customer service.

Post: Vermont REIA

Michael Dumont IIPosted
  • Investor
  • South Burlington, VT
  • Posts 76
  • Votes 36

I too would like to hear more about the group! 

Post: What To Do With 800K in Property Equity?

Michael Dumont IIPosted
  • Investor
  • South Burlington, VT
  • Posts 76
  • Votes 36

Hello Lamarr,

I currently hold only the equity in my properties. I know I need to leverage it, and I am just looking for strategies to grow my Buy and Hold operation at the moment.

Post: What To Do With 800K in Property Equity?

Michael Dumont IIPosted
  • Investor
  • South Burlington, VT
  • Posts 76
  • Votes 36

Thank you J Beard. I thought this would be the route best taken. 

Post: What To Do With 800K in Property Equity?

Michael Dumont IIPosted
  • Investor
  • South Burlington, VT
  • Posts 76
  • Votes 36

Depends on property type and location. In my area it ranges from $2500 to $3500.

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