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Recent content by Mhinto

  1. Mhinto

    First Investment Property

    HOT! SIDE HUSTLE 
    It’s been awhile since I’ve made an update. I been pretty busy and have kinda lost interest in making a bunch of progress posts. Anyway, the second property has been sold and I made a great profit on it. I’m currently under contract on two other properties. One is a lake front lot that I found...
  2. Mhinto

    First Investment Property

    HOT! SIDE HUSTLE 
    Closed on the first property today! I’ve never felt a greater sense of pride. The timing couldn’t have been better considering what covid has done for our area’s housing market. The image shows the profit made on the property before capital gains tax. I’m blown away and never would have expected...
  3. Mhinto

    First Investment Property

    HOT! SIDE HUSTLE 
    New roof! 4th shutter coming soon. Things are shaping up. I found a water leak in the crawl space last week but luckily it was an easy fix. Staging will be done next week then professional photos. After that it will be on the market! Closing on the first property this Friday and will be...
  4. Mhinto

    First Investment Property

    HOT! SIDE HUSTLE 
    The second property is very close to being done. Last week the roof decided to start leaking so a new roof is being put on. Hopefully it will be ready to go on the market after that. Contractor said he’d be there in 2 weeks. I’ve started sending letters out to distressed looking homes on the...
  5. Mhinto

    First Investment Property

    HOT! SIDE HUSTLE 
    Made it through inspections and appraisals. Closing date is scheduled for the first week of December :cool:.
  6. Mhinto

    First Investment Property

    HOT! SIDE HUSTLE 
    The first house is under contract for $309,900. Originally listed it for $349,900. I didn’t mind to reduce the price that much because I only had about $160,000 in it. Still have to make it through inspections but hopefully everything goes smoothly.
  7. Mhinto

    Kyle Keegan Radio Show

    NOTABLE! HOT! EXECUTION 
    Just subscribed. Great work!
  8. Mhinto

    Slowlane Idiocy at its Finest!

    SLOWLANE RANT 
    Here’s to hoping money can be made in real estate! Currently putting in some sweat equity :(
  9. Mhinto

    First Investment Property

    HOT! SIDE HUSTLE 
    Speed is something I definitely plan to work on. That was my first and it was definitely a learning experience. Flip #2 is projected to be ready for the market toward the end of November. If we hit that deadline it will be completed in 4 months from start to finish. Granted, it doesn’t need as...
  10. Mhinto

    First Investment Property

    HOT! SIDE HUSTLE 
    I really wanted to lol! Unfortunately it wasn’t working and I was told it could be very expensive to fix. The dump has it now:bored:. I did salvage a Christmas tree and a lawnmower though!
  11. Mhinto

    First Investment Property

    HOT! SIDE HUSTLE 
    I actually demolished the steps, hauled them off and built a road that allows you to drive to the water. I’ll definitely keep the advice in mind for the next one though!
  12. Mhinto

    First Investment Property

    HOT! SIDE HUSTLE 
    My long term goal is to quit my current job and use real estate investing as my primary source of income. I’ve decided to move away from vacation rentals for now. I want to have some cash set back for emergencies so that I can keep my head above water if I have a few bad months and unexpected...
  13. Mhinto

    First Investment Property

    HOT! SIDE HUSTLE 
    Thanks for the advice! So after asking around it seems that living in the place for 2 years is the only way to avoid the capital gains taxes. Unfortunately that’s not something I can do at the moment but I definitely like the idea. I’m thinking that after the first property is sold I’ll use...
  14. Mhinto

    First Investment Property

    HOT! SIDE HUSTLE 
    Here’s a little progress on flip #2. Dormer has been added in bedroom for egress. It wasn’t technically a bedroom without it and couldn’t be marketed as a bedroom without a window. Also added a wall closing the loft off for privacy. Steps were added to the back deck so that you could walk down...
  15. Mhinto

    First Investment Property

    HOT! SIDE HUSTLE 
    Thanks! It feels great to have that place done. It took a lot of work. 8 months of working almost every evening and weekend. It was a good learning experience though. I didn’t know much about construction but now I feel like I could build a house from the ground up. Going forward I would like to...
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