All Forum Posts by: Mike Grudzien
Mike Grudzien has started 2 posts and replied 1146 times.
Post: Opportunity for Guidance on Wrapping Seller-Financed Deal in Georgia
#1 Creative Real Estate Financing ContributorPosted - Lender
- Eugene, OR
- Posts 1,285
- Votes 858
Do you really want to be this leveraged...?
Post: Financing a property inside an entity sale
#1 Creative Real Estate Financing ContributorPosted - Lender
- Eugene, OR
- Posts 1,285
- Votes 858
Sounds like a lot of work and contortions to buy a place with possible STR permit issues, all at a price that: "probably not interesting as a primary residence, or at least not anywhere near the asking price".....
Post: Can I sell half of my house?
#1 Creative Real Estate Financing ContributorPosted - Lender
- Eugene, OR
- Posts 1,285
- Votes 858
Don't do it.
Post: Young Real Estate Investor
#1 Creative Real Estate Financing ContributorPosted - Lender
- Eugene, OR
- Posts 1,285
- Votes 858
Quote from @Chris Watkins:
Quote from @Neptune Lynch:
Hi all,
I am a recent graduate of high school very interested in house hacking and real estate investing. I know I want to buy a house before my sophomore year of college to try to attempt the BRRR method while also having my friends help pay off the mortgage while I'm still in college. I would love to talk to anyone who invests in real estate in college towns. I am looking to do this in Eugene, Oregon but any college town investors would be awesome. Thanks so much
Happy to talk Eugene real estate anytime, shoot me a DM.
Chris
Neptune,
Chris Watkins is spot on with his advice. And he's a good guy to know in Eugene. Solid, smart, trusted and experienced.
Post: SB 586 Just Quietly Changed the Exit Game in Oregon. Here’s Why I Think It Matters
#1 Creative Real Estate Financing ContributorPosted - Lender
- Eugene, OR
- Posts 1,285
- Votes 858
Dan: great analysis and great questions. I'll watch for answers!
Post: How would you structure this Sub-to deal
#1 Creative Real Estate Financing ContributorPosted - Lender
- Eugene, OR
- Posts 1,285
- Votes 858
Talk to an EXPERIENCED real estate attorney for guidance. And he just might dissuade you, unless he just likes to bill hours...
Post: 📝 Luxury STR Sales often resemble commercial transactions | Prep & Tips for Success
#1 Creative Real Estate Financing ContributorPosted - Lender
- Eugene, OR
- Posts 1,285
- Votes 858
Awesome as always AJ!!! Great analysis. If you ever write a book; I'll buy it!
...oops, p.s. paragraph 5 "depreciation" is misspelled...
(not to be a karen, but I am a spelling and grammar cop)
Post: New to Airbnb Hosting – Seeking Tips from Experienced Short-Term Rental Owners
#1 Creative Real Estate Financing ContributorPosted - Lender
- Eugene, OR
- Posts 1,285
- Votes 858
Lots of great tips!
p.s. I don't skimp on the wine. Offer two bottles of wine, bottle of red and a bottle of white, "1st one is complimentary, second bottle $10 (envelope underneath on the tray)". I buy wine wholesale that would be $10-12 retail.
Post: Starting an STR Management Company - License Requirements?
#1 Creative Real Estate Financing ContributorPosted - Lender
- Eugene, OR
- Posts 1,285
- Votes 858
Good advice!
Post: How Do You Handle Funding When a Deal Moves Faster Than Your Capital?
#1 Creative Real Estate Financing ContributorPosted - Lender
- Eugene, OR
- Posts 1,285
- Votes 858
Get actual IRL relationships in place first so that you can reach out to a trusted source that already trusts you when a deal comes along.