All Forum Posts by: Travis Washington
Travis Washington has started 32 posts and replied 81 times.
Post: LOOKING FOR INVESTOR SAVVY REALTOR (LAWTON, OK)
- Rental Property Investor
- Austin, TX
- Posts 89
- Votes 13
Not at all but one place in particular I am eyeballing right now in Lawton. What area do you operate @don?
Post: LOOKING FOR INVESTOR SAVVY REALTOR (LAWTON, OK)
- Rental Property Investor
- Austin, TX
- Posts 89
- Votes 13
Short and sweet,
Title says all. Time sensitive manner. Opportunity to make some money. Please contact me at [email protected].
Post: 10 UNIT APARTMENT COMPLEX IN HONOLULU, HI!
- Rental Property Investor
- Austin, TX
- Posts 89
- Votes 13
The Hard numbers:
-> 10 1/1 units and 6 parking spaces
-> $1100/unit; $65/parking space (room for increase, market rent rate is $1,570)
-> 9 of the 10 units are currently rented
-> 6 of the units have been recently renovated
-> Price: $2.2M
-> $5,825 monthly (50% rule) Cash Flow with cash purchase.
PM or email for more info!
Mahalo
Post: Oklahoma Triplexes and Fourplexes (near Lawton, OK)
- Rental Property Investor
- Austin, TX
- Posts 89
- Votes 13
Any wholesalers of the Oklahoma area who could provide these properties. Looking for Buy and Hold of course and will be house hacking the property. Please send me an email at [email protected]. Thank you.
Post: Hard Money Hampton Roads
- Rental Property Investor
- Austin, TX
- Posts 89
- Votes 13
Originally posted by @Rob Swan:
Hi, My business partner and I have two properties with good cash flow in the Hampton Roads area and want to expand. Does anyone know any reputable hard money lenders in the Hampton Roads area? Also, we would love to network with anyone currently investing or looking to invest in that area. My partner Ryan manages the properties and we are also interested in potentially doing more management as well.
Thanks!
Rob S.
Rob,
I actually grew up n the Hampton Roads area (all the way through college at both ODU and CNU) and know the 7 cities like the back of my hand. Looking to jump into that market and would definitely be interested in teaming up with you and your partner. Send me a PM and an email so we can talk.
Post: Hawaii Wholesaler
- Rental Property Investor
- Austin, TX
- Posts 89
- Votes 13
If you are looking for investment deal within the state of Hawaii, please send me your preferences in properties.
Hold or Flip?
Price?
Property type (SFR/Condo, etc)?
Bed/Bath?
Desired Rental ROI (if applicable)?
I operate on the island of Oahu.
Mahalo!
Post: Looking For a Virginia Flipper
- Rental Property Investor
- Austin, TX
- Posts 89
- Votes 13
Looking to conduct a flip deal in Virginia, preferably the Hampton Roads area. If you have properties available and know wholesalers in that area, please let me know.
Post: Poll: How long did it take you to quit your day job from passive rental income?
- Rental Property Investor
- Austin, TX
- Posts 89
- Votes 13
Post: Analyzing this deal: $53K for $750 rent
- Rental Property Investor
- Austin, TX
- Posts 89
- Votes 13
Originally posted by @Royce Talbo:
@Account Closed
Yes Bob can you go more into detail about LH. I have not dealt with LH before and every time I consider it the additional cost of lease rent make the numbers not work. The longer the lease the higher the price with lower rent. The shorter the lease the cheaper it is and the higher the rent.
@Bob
Ditto to what Royce said. Once you factor in the mortgage, the Leasehold fee, and then the HOA fees you are looking at atleast $1600 of monthly expenses with just that, and that's on the low side typically.
Not to mention banks will not loan on a property which doesn't have a certain amount of years left on the lease and when the are able to finance, the units are still $250K+ at least (and that would be rare).
Post: Analyzing this deal: $53K for $750 rent
- Rental Property Investor
- Austin, TX
- Posts 89
- Votes 13
Originally posted by @Dave G.:
Outside Irvington could be a lot of places. Indy is weird in that you can walk through a place that isnt that great and 3 blocks down the road see huge houses with high incomes. You see it a lot when you have to cross large roads or overpasses (it's a mental thing, I guess). Such as Meridian/Illinois/Central at around 46th neighborhood.
While, not the worst, just west of the Irvington neighborhood is New York and Sherman st. Which is on the top 6 areas the IMPD and FBI are trying to limit crime.
http://www.wthr.com/story/26745991/2014/10/09/six-...
This property is just South of Historic Irvington (about a mile) on the 400th block of Butler Ave