All Forum Posts by: Nikki Irving-Miralrio

Thank you for your suggestions. Creating a plan now! I'll be posting!

Thank you!

Thank you! I’m grateful for the feedback! 

I'm thinking STR. Similar homes in the area range from $300-$500/night. It has great potential for football season and summer.
My estimate is $50k (padded) for repairs. 

Hello Bigger Pockets Community!

I'm a resturant owner transitioning to Real Estate Investing.  I've been soaking up as much information as I can on the podcasts, youtube etc. 

I think I have an opportunity however I don't know which direction to take.  

I have a friend that owns a lakefront property in Massachusetts (where I'm located). It's 3062 sqf, 1/3 acre, waterfront property home with 3 beds and 3 baths. She does not want to use a realtor. She's asking 700K. Comps are 750k - 850k in the area.

Other information: The home is located 10 minutes from Gillette Stadium (home of the Patriots and Patriots Place) and a specialty outlet mall.

The house does require some repair however nothing foundational.

I'm sure there is an opportunity here to help her and myself jump into the game however, I get caught up in calculating and figuring out which deal would be the best option. PLEASE HELP I'M OVERWHELMED WITH INFO AND NEED GUIDANCE.

THANK YOU!!!!