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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

TitlePosterRepliesUpdated
Dean Graziosi Live and In Person? cbrpower4515 min 10 sec ago
AND/OR ASSIGNS - How to Use It and Get It Accepted! Anitarny1931 day 23 hours ago
Hazco Investments REI Journal Hazco Investments593 days 13 hours ago
Deal of the Month #8 - Ugly House Pretty Profits! dgadmin104 days 23 hours ago
Weekly Video Blog #6 deangraziosi65 days 14 hours ago

Basic Info

Education: 
Completed Post Graduate

Contact Me

No contacts listed

Sites I Visit

Mainly Just This One

Guestbook

On 20:33pm, November 20th, 2008 Exitos said:

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

On 12:10pm, December 1st, 2008 lovebargains said:

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