All Forum Posts by: Rodolfo Chicata
Rodolfo Chicata has started 3 posts and replied 3 times.
Post: Selling to pay debt
- Property Manager
- North Carolina
- Posts 3
- Votes 1
Investment Info:
Single-family residence other investment in Yuma.
Purchase price: $310,622
Cash invested: $3,600
3 Rooms, 2 full bathrooms, 1350 sqft, solid construction, built in 2018.
What made you interested in investing in this type of deal?
I have military orders to Marietta, Georgia. I will sell this property in order to pay off debt. Consequently, buy a multifamily in Marietta, GA.
How did you find this deal and how did you negotiate it?
I found it when arrived in Yuma AZ
How did you finance this deal?
Mortgage payments.
How did you add value to the deal?
Great location.
What was the outcome?
Positive
Lessons learned? Challenges?
DO not waste money on stuff you don't really need.
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Robert Lane from Jacksonville, North Carolina
Post: I don't know if I should sell or keep
- Property Manager
- North Carolina
- Posts 3
- Votes 1
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $142,000
Cash invested: $30,000
Airbnb long term.
What made you interested in investing in this type of deal?
Extra income by renting and the benefits of appreciation.
How did you find this deal and how did you negotiate it?
I found it by checking neighborhoods. I negotiate using short Term apps.
How did you finance this deal?
Regular mortgage.
How did you add value to the deal?
Furnishing it, years passing by commercial buildings built behind the townhouse.
What was the outcome?
Still renting and value keep increasing
Lessons learned? Challenges?
Did not know about tools on how screan tenants. I did my own lease agreement. Biggest challenge was deal with my 1st eviction.
Post: Keep or sell?
- Property Manager
- North Carolina
- Posts 3
- Votes 1
Investment Info:
Single-family residence other investment.
Purchase price: $342,000
I do Airbnb on it, and medium terms.
What made you interested in investing in this type of deal?
increase equity
How did you find this deal and how did you negotiate it?
I did an analysis of the location and property.
How did you finance this deal?
mortgage
How did you add value to the deal?
apreacial
What was the outcome?
small profit
Lessons learned? Challenges?
Horrible tenants increase cautiousness and interaction with insurance
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Robert Lane, best real estate agent so far I Know