All Forum Posts by: Samantha Hiscock
Samantha Hiscock has started 4 posts and replied 124 times.
Post: Any great FHA 203K Lenders?
- Investor
- Barre, VT
- Posts 129
- Votes 96
I have used Prospect Mortgage and was overall very pleased with them. The draws for repair was a little bit of a pain in the tush because they kept asking for licenses for general contractors and such, and licenses are not required here in VT. Once I explained that to half a dozen people it went much smoother :-)
Post: New in Real Estate investing need a little help.
- Investor
- Barre, VT
- Posts 129
- Votes 96
Originally posted by @Shane Brown:
@Samantha Hiscock I've actually never thought about that, great way to put it. Now I just have to find something good and pull the trigger on it!
Let me know if you need any help finding a property or figuring out the numbers. Good luck!
Post: New in Real Estate investing need a little help.
- Investor
- Barre, VT
- Posts 129
- Votes 96
Originally posted by @Shane Brown:
@Samantha Hiscock yeah that is true, but even a area like enosburg where the population isn't the highest you don't think it would be to hard fill the vacancies there?
Shelter is a basic human need. Quality housing is needed in every size town. You shouldn't have a problem finding tenants.
Post: New in Real Estate investing need a little help.
- Investor
- Barre, VT
- Posts 129
- Votes 96
Originally posted by @Shane Brown:
Hey @Blair Knowles to be honest a bit discouraged looking at some of these places that are 200,000 seems like a lot to jump into at my age. Especially if you are unable to find someone to rent it because it seems like the only good areas in Vermont are the Burlington area and St. Albans but both are quite expensive. Any advice?
Don't get discouraged! There are great properties all over the state, it just takes a minute or two to find them and an agent patient enough to walk you through it. $200k isn't unreasonable at all, especially for a cash flowing multi. Using an FHA loan you'd only news $7k down and a few grand in closing costs. There are well qualified tenants in every town, and if you have a quality unit it won't be hard to find a great tenant.
Post: New Member from Vermont
- Investor
- Barre, VT
- Posts 129
- Votes 96
I just sent you a message, let's talk!
Post: New Member from Vermont
- Investor
- Barre, VT
- Posts 129
- Votes 96
The Champlain Valley REIA meets monthly, it's a small group and is hit or miss on quality. Meets in Burlington.
Post: New Member from Vermont
- Investor
- Barre, VT
- Posts 129
- Votes 96
Hey guys, welcome to BP! I'm an investor and real estate agent here in VT and would love to answer any questions you've got. :-)
Post: "By law, you have to..." insert tenant request here
- Investor
- Barre, VT
- Posts 129
- Votes 96
I have a strict no smoking inside policy, it has disgusted me my entire life.
"You can't legally tell me to stop smoking medical marijuana in my apartment . That's discrimination and I'll sue you!" Uhh, medical marijuana is actually not legal in this state, pack your bags and GTFO! Good luck suing ME for YOUR illegal drug use.
Post: New member from Vermont
- Investor
- Barre, VT
- Posts 129
- Votes 96
Hey Rosie. I'm also in Barre and have a good grasp on the local market here. I'm getting my real estate license in 2 weeks. I'm available if you ever want to get together to bounce ideas off of. There are a few extra steps if you want to rent in Barre City. I've got a few rentals in town. :-)
Sam
Post: How we live in a $300K+ home for only $600/month...
- Investor
- Barre, VT
- Posts 129
- Votes 96
That's great! Chittenden County is stupidly expensive to live in. It's time to find yourself another one! ;-)