All About lovebargains

lovebargains's picture
Kate, Licensed Real Estate Agent
Ohio & Florida
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 offers the flexibility I so value in my life coupled with the opportunity to earn as much as I desire.

I have been involved in real estate for over 10 years and can say because of it I lead a pretty flexible life (but not without challenges) and am grateful that I learned that one must take risks to get ahead. I took a winter sabbatical in 2009 to "our" condo and decided to obtain my license in Florida because I am passionate about living the life you want (not dealing with snow, slush and ice!) and enjoy helping others do the same in buying a little piece of Paradise. I also obtained my Ohio license shortly thereafter..

I moved back into more investing in 2011 and now as we turn the corner to 2013 ..I want to really take my investing to a new level.

Real Estate, Yoga, tennis

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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


lovebargains's picture


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.



PMD's picture

3/24/09- Broward County, South Florida--I have an end buyer w/ a pre-approved bank letter for 150-200K FHA Loan who signed a lease/option for 90 days (to satisfy 90 day seasoning restriction), with a $5,000 non-refundable down payment deposit, with a lease payment of $1310/mo.- none of lease payment credited toward down payment, and a property they want to purchase. Everything is in place but an investing partner!!! Contact me immediately and I will send copy of this proposal I'm sending to potential investors. NEED DECISION FAST!!! I ONLY HAVE A FEW DAYS TO PUT THIS TOGETHER!!!