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All Forum Posts by: Michael Moikeha

Michael Moikeha has started 32 posts and replied 300 times.

Post: $90,000 purchase, $220,000 ARV

Michael MoikehaPosted
  • Investor
  • Portland, OR
  • Posts 354
  • Votes 149

Portland, OR surrounding area.

Purchase Price - 90,000 - 110,000
ARV - 220,000 - 245,000
Repairs - 40,000

In a transitional neighborhood with 5 properties in 2 blocks being renovated.

Searching for either private money partners, or hard money lenders. 

Message me for more information.

Post: Money Partner 60% LTV

Michael MoikehaPosted
  • Investor
  • Portland, OR
  • Posts 354
  • Votes 149
Portland, OR surrounding area. Purchase Price - 90,000 - 110,000 ARV - 220,000 - 245,000 Repairs - 40,000 In a transitional neighborhood with 5 properties in 2 blocks being renovated. Message me for more information.

Post: Laminate Wood Flooring

Michael MoikehaPosted
  • Investor
  • Portland, OR
  • Posts 354
  • Votes 149
Jassem A. Thanks for your input! I have looked into Home Depots selection, but I wanted to make sure the quality was worth it. A warranty like that is pretty good! Thank you.

Post: Laminate Wood Flooring

Michael MoikehaPosted
  • Investor
  • Portland, OR
  • Posts 354
  • Votes 149
I'm looking for the best cost to value for laminate wood flooring based on 2 different needs. Flip to Sell Laminate wood flooring that has an amazing initial feel and appearance. Ease of cleaning and care is not as important. Durability, at least 5 years. Flip to Rent Laminate wood flooring that is amazingly durable, easy to maintain, and has a great look. And product and vendor advice?

Post: Best Marketing Mailer

Michael MoikehaPosted
  • Investor
  • Portland, OR
  • Posts 354
  • Votes 149

I have 2 questions. The first: is anyone is willing to share a copy of a mailer they have found to deliver successful quality callbacks, and the second is how to farm specifically to SFH flippers, or Dulpex - Quad flippers.

I am just now preparing to send out my first batch of letters, but wanted to be able to see a few examples from people who have found success with this approach. I would GREATLY appreciate it!

Currently I am using First American Title to pull lists, but I don't know where to start when it comes to narrowing down the list to places that are most likely under duress, nor can I see where multi-units are specified, and I know there are some within this area, as I have driven around and market some through that process.

Any suggestions?

Post: SFH to Duplex Conversion

Michael MoikehaPosted
  • Investor
  • Portland, OR
  • Posts 354
  • Votes 149

I really appreciate all of your comments. My take away is that keeping a SFH SF is the best choice.

Does anyone have any Pro's to a convert? Just so I can balance out my knowledge.

Post: SFH to Duplex Conversion

Michael MoikehaPosted
  • Investor
  • Portland, OR
  • Posts 354
  • Votes 149

We are looking at potentially converting a 1970 style SFH to a duplex top and bottom.

We believe this will bring in more rent, but what does this do to property value, and resale? For ease of conversation, lets say that all the work is done correctly, it all looks beautiful, and everything came together perfectly.

Can I get some input on the pros and cons of this approach?

Post: Things are finally starting to look up for old Gill!

Michael MoikehaPosted
  • Investor
  • Portland, OR
  • Posts 354
  • Votes 149

good luck with your goals! This is a great resource.

I would also suggest finding a local REI Group that you can join and network with. These people tend to hVe great knowledge of the local market, and best contractors, brokers etc.

Post: About to retire from job to Austin

Michael MoikehaPosted
  • Investor
  • Portland, OR
  • Posts 354
  • Votes 149

welcome to the BP family. This is a great resource for all things REI.

I would also suggest finding a local REI group in the Austin area that you can begin networking with. This will help give you a running start so when you are ready to devote all your time, you have already established a sound understanding of the market you will be attacking, and who you can turn to with questions along the way.

Post: New member from New York, NY

Michael MoikehaPosted
  • Investor
  • Portland, OR
  • Posts 354
  • Votes 149

Welcome to BP! This site is a great resource.

I will also suggest you find I local REI group where you can network and build a team of locals who you can turn to for questions.