lovebargains


All About lovebargains

Name: 
Kate
Location: 
Ohio
About Me: 

I am a real estate addict who started to move away from it after a challenging tenant. However, I have come to realize that there is nothing else that I am interested in as much that will support my free spirit (never wanting to go back into the corporate world) and my desire for TRUE financial freedom.

While I have been involved in real estate investing for over 10 years, I am new to creative side. I know my immediate area better than anyone~~I have 2 rentals, actually 3 now that I just rented my own home. I hope to learn and perfect the assignment strategy to add to my methods to earn money through this business.

I welcome all suggestions and will offer my own insight as well as I have a variety of experiences. I was a Stockbroker with PaineWebber for three years during the (initial) collapse of the market. I recently sold a consignment store for home furnishings that I owned for 12 years just about one year ago. I coached a high school tennis team for the first time this past season. I currently teach yoga and am also currently teaching a Payroll Accounting class.

I am extremely passionate about real estate and am looking forward to taking my real estate business to the next level.

This site is wonderful. I am grateful for all the people who willingly share their knowledge and experience.

Interests: 
Real Estate, Yoga, tennis, gardening

Topics I've Participated In

Basic Info

Education: 
Completed Post Graduate

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Mainly Just This One

Guestbook

hi..

tell me a little bit more about the house and the numbers and why are you hesitant about the deal.. ok hope to hear from you soon

property

Hi,

Sorry for delay..did not see your response. Still new to this site and would have expected an answer in my inbox.

It is a 4 bed, 2 bath 1800 sq ft brick ranch on 2 lots in a suburb I own all my homes in. Good schools, good rent district.

I think you could get it for $60-65K..maybe a little less. I looked at it again last week but wrote an offer on a different property I can handle (painting and carpet cleaning before I can rent it). I am still considering the house but would probably bird dog it for $2K to get a little more for this other.

County has it valued at $148K..too high. I think $120K resale is feasible with perhaps $20-25 K, into it. Needs all new flooring, kitchen could be opened up and made nice as there is a room right behind it that would allow for a great big kitchen. The garage is partially transformed into an apartment and has its own utilities. It would probably rent with just a few improvements (new carpet a MUST) for $1,000-$1,200.

The house does have new windows and a nice family room with a brick fireplace. It is by far the best “deal” I have found. I am just not ready for a project like this. My significant other can do everything but we have too many other loose ends to tie up before taking on a project like this.

Please ask any other questions.

Thanks for your time.

Kate