All Forum Posts by: Shenise America Tavares
Shenise America Tavares has started 1 posts and replied 5 times.
Post: Living in a fixer upper?

- Columbus, OH
- Posts 5
- Votes 1
Originally posted by @Kenneth Mooney:
@Shenise America Tavares , if you can move into the $13,000 home and it is safe to live in for you and your children I don't see why you wouldn't buy that place, fix it up as you live there, and go out and do it again.
A couple of questions to think of though....
(1) What all needs to be done to the home?
(2)How much will those repairs cost?
(3) What would the value of the home be if you were going to fix it up and list it on the open market? What is that price?
Hope that helps!
Firstly, thank you so much for your time and input! I plan to hire an inspector to do a thorough check before I finalize anything so I have pretty accurate estimates of what needs to get done and how much it would cost me since I don't know enough to do the walk through myself confidently. I'll also keep your third point in mind. What is an increase in value you would personally find worth investing in if you were fixing up a home and reselling?
Post: Living in a fixer upper?

- Columbus, OH
- Posts 5
- Votes 1
Post: How we screened 300+ tenants with ZERO phone calls! For FREE!

- Columbus, OH
- Posts 5
- Votes 1
Post: Biggest Fear for Newbies

- Columbus, OH
- Posts 5
- Votes 1
Post: Biggest Fear for Newbies

- Columbus, OH
- Posts 5
- Votes 1
I think my biggest fear is never taking action. I'm a stay-at-home mom and struggle with an overall sense of being a burden, so the thought of losing the little money we have in a bad decision makes me hesitant. My husband and I both come from long lines of generational poverty and grew up not knowing anything about credit/homeownership/investing/life insurance/etc. I want to end this cycle and pass down something of value to our children, but being hit with so much new information is terrifying and overwhelming.
To fix this I'm trying to build up my confidence and push myself to make solid plans. I've been using the rental property calculator to run numbers on listings I find and it seems TOO easy. I start doubting myself and my calculations. I need to trust myself enough to take that first step so that I don't waste my life away "researching".