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All Forum Posts by: Samantha Brett

Samantha Brett has started 3 posts and replied 4 times.

Post: Looking For a Private Lender Who Can Double Their Money In A Year

Samantha BrettPosted
  • Rental Property Investor
  • Los Angeles
  • Posts 6
  • Votes 1
Quote from @Robin Simon:

I don't know if you are scamming or not but using "GUARANTEED" in ALL CAPS regarding a real estate / lending offer is a gigantic red flag and should never be part of a real pitch

Thanks for your feedback. We have been doing this for 8 years so we know the return and how quickly we can recoup the investment. We can always reword and have never used an investor, always our own capital so definitely learning along the process. Thanks. 

Post: Looking For a Private Lender Who Can Double Their Money In A Year

Samantha BrettPosted
  • Rental Property Investor
  • Los Angeles
  • Posts 6
  • Votes 1

We are looking for a private lender who can invest $20-30K initially and earn 10% of their investment per month. So for example if you were to loan the 20K, you would receive $2,000/month on that initial investment for a year. We would provide the option to give you 10K of your investment back within the first 2 months GUARANTEED and still receive 10% of the initial 20K investment even though you received a partial of your initial capital back. If you want your whole 20K back within the first two months, we would lower the % you would earn per month to 5% of the initial investment. This is strictly an example of the numbers were are looking for.

We have been operating our Short Term Rental Business over the past 8 years. We are superhosts and offer nothing less than a 5 star experience to our guests. This is an opportunity to be involved in short term rentals for large Luxury Homes. You would be a passive investor and if you wanted to continue to scale and collect more properties with us and earn high % return on your money, we are heavily connected to different real estate agents in the area we are investing in and would love to rinse and repeat the process.

We are on all social media platforms. We do this full time and have deals lined up for these luxury style homes to start investing right away and start receiving a percentage return on your money that you won't get from any bank or from the stock market if you were to let your money sit.

Please feel free to reach out to us if you or know someone who may be a great fit.

Post: Naples, FL Short Term Investment

Samantha BrettPosted
  • Rental Property Investor
  • Los Angeles
  • Posts 6
  • Votes 1

Investment Info:

Single-family residence other investment in Dutch Flat.

Cash invested: $20,000

This is a property we rented from a landlord and listed the home on Airbnb. We utilize the rental arbitrage model for this investment. This is a 3 Bedroom, 2 Bathroom home.

What made you interested in investing in this type of deal?

We chose this home because it's in a great location and less than a mile to the beach. The home sleeps at least 6 people, so we were interested in properties that hold more guests.

How did you find this deal and how did you negotiate it?

We found this property ourselves and spoke with the owner directly to negotiate why this would be a win-win situation for both parties. She was on-board and we signed the lease within a few days.

How did you finance this deal?

We used our own cash.

How did you add value to the deal?

We transformed the backyard into a beach backyard, we have a hot tub, fire pit, horseshoes, and a grill, making this the highlight of the home. We designed the interior with comfortable furniture, Smart Tv's in every room, and gave the place an overall beach vibe.

What was the outcome?

We're at a 93% - 100% occupancy rate per month. Our ROI per month is 250%-300%.

Lessons learned? Challenges?

Having a hot tub requires maintenance. With this amenity added to the space, we've seen an increased electricity bill and some minor repairs.

Post: Miami High-rise Short Term Rental Investment

Samantha BrettPosted
  • Rental Property Investor
  • Los Angeles
  • Posts 6
  • Votes 1

Investment Info:

Condo other investment in Miami.

Purchase price: $429,000
Cash invested: $100,000

We purchased this condo in Miami (currently under renovation) to be strictly used a short term rental.

What made you interested in investing in this type of deal?

Wanted to expand in the Miami market and chose one of Miami's nicest sections (Brickell) that allowed short-term rentals in the building. We were also interested because the condo has a beautiful water view and views of the city.

How did you find this deal and how did you negotiate it?

We found this condo through one of our friends who's a realtor. She negotiated the purchase price for us and managed to take off $8K from the original listing price.

How did you finance this deal?

We did a conventional loan and put 15% down at settlement

How did you add value to the deal?

We're currently under renovation and are adding value to the home by installing all new stainless steel appliances, new fixtures, complete bathroom gut and remodel, fresh paint, and all brand new modern furniture.

What was the outcome?

Before we even started renovating, 6 months after purchasing the property the value of the condo went up by $80K. Once the bathroom is finished this'll become a short-term rental that will generate $200-$400 per night.

Lessons learned? Challenges?

When working with a HOA there are a lot more rules and regulations you'll need to follow throughout the entire process. Even if we can do the work ourselves this particular building requires us to have a remodel permit and a licensed contractor to complete the renovation. This in turn caused a lot of delays.