Real Estate Sales – Eric Doud
Resource for buying & selling
I grew up in San Diego California were I spent a lot of time building and remodeling homes with my father. I joined the Navy and that is what brought me to the Hampton Roads area. I bought my first house in Virginia Beach in1999. In that first property I was doing something that is called house hacking. I had two roommates that were paying me $350 a month each and my mortgage was less that $700. So I was living for free except for utilities.
I meet my future wife in 2001 and she had already owned a townhouse in Virginia Beach. We got married and bought a house together while keeping our original houses as rentals. In our first property together we did a live in flip. We lived there just over a year, did a complete remodel and sold for a profit. Since then we have purchased and rehabbed several single family homes that we still own as rentals.
Part of making the numbers work is looking at the after repairs cost and being able to cut costs by doing all the repairs your self. When the residential mortgage money dried up we started purchased Multi family properties with commercial financing.
As an investor, keeping repair cost low is the key to making a larger return on investment. In 2009 I got my Contractors license and started doing renovations, repairs and turnovers, for the property management business my wife started.
With my experience in purchases of investment properties (single family, and multi family units), I believe that I would be a perfect fit for you to help identify and purchase the right investment for your portfolio.
Contact Eric
(757) 573-3018
I do business in the following areas:
| Norfolk |
| Newport News |
| Hampton |
| Virginia Beach |
| Portsmouth |
| Chesapeake |
| Suffolk |