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How I Got Started Flipping Houses

Earlier this year I sold my 200th house flip. These are not wholesale deals that I never technically buy or fix up, these are house flips that we buy, renovate and sell. It has been by no means easy to do this many flips and I have had my fair share of problems along the … Read more

Source: investfourmore.com

Good Debt and Bad Debt: Is There Really a Difference?

Many people think all debt is bad, others think it is okay to have good debt, and still some like all kinds of debt! Is there a difference between good debt and bad debt and what is good debt vs bad debt? Most people will tell you that good debt is debt that is against … Read more

Source: investfourmore.com

New Hampshire’s Most Expensive Home Is a Spectacular $19.5M Lakefront Estate

New Hampshire Most Expensive HomeJared Sauliner/ Seacoast Photography

A relatively new house designed to look old is the most expensive home in all of New Hampshire. The Granite State’s priciest place is available for $19.5 million.

“It was designed to look like it had been here for hundreds of years, and it’s designed to last for hundreds of years,” says listing agent Jamieson Duston. “It definitely has a nod to some of the old-school lake houses of the past, back to the grand time on the lake in the 1920s and ’30s where people would literally visit each other by boat.”

Built in 2006, the 17,771-square-foot house is on Springfield Point Road in Wolfeboro. The sprawling house sits on 7 acres on the banks of Lake Winnipesaukee with 841 feet of water frontage.

There are a whopping 37 rooms, including eight bedrooms and 11 bathrooms.

“It’s almost hard to comprehend the scale of the house until you’re in it. The pictures just don’t do it justice. It’s pretty amazing,” Duston says. “I would sort of call it a rustic elegance. It has that sort of old-school lake house feel, but it’s really warm—and despite its size, it feels cozy inside the house.”

Aerial view

Jared Sauliner/ Seacoast Photography

Exterior

Jared Sauliner/ Seacoast Photography

Exterior

Jared Sauliner/ Seacoast Photography

Exterior

Jared Sauliner/ Seacoast Photography

Entry

Jared Sauliner/ Seacoast Photography

Interior

Jared Sauliner/ Seacoast Photography

Great room

Jared Sauliner/ Seacoast Photography

Indoor space

Jared Sauliner/ Seacoast Photography

Designed for multigenerational family use, the house features multiple wings for sleeping and common areas for socializing.

“It’s got a 30-foot vaulted ceiling and a stone fireplace that’s sort of the showpiece of the house and kind of the anchor of the house,” Duston says.

Dining room

Jared Sauliner/ Seacoast Photography

Office

Jared Sauliner/ Seacoast Photography

The great room opens to the kitchen and dining room.

“When you start walking through the house, you realize everyone really has their own space. The house was designed to host family and friends and give everyone a sense that they’re in their own space, so everyone’s not on top of each other,” Duston says. “Every room has a purpose and thought behind it.”

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Watch: Kansas’ Most Expensive Home Has a Water Feature You Won’t Believe

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And if your space needs require an adult beverage, there’s a wine area with storage for 900 bottles and a separate tasting area.

Wine storage

Jared Sauliner/ Seacoast Photography

Tasting room

Jared Sauliner/ Seacoast Photography

Doors to tasting room

Jared Sauliner/ Seacoast Photography

The guest wing comes with a separate entrance, which also adds to the spacious feel.

“One of the things that makes the house special is you could really have two large families living in this house, and they’d almost never run into each other unless they wanted to,” Duston says.

The place has so much privacy and separation for guests, former French President Nicolas Sarkozy once vacationed there with the mansion’s former owner.

Entry

Jared Sauliner/ Seacoast Photography

Staircase

Jared Sauliner/ Seacoast Photography

Staircase

Jared Sauliner/ Seacoast Photography

Light fixture

Jared Sauliner/ Seacoast Photography

Staircase

Jared Sauliner/ Seacoast Photography

The main floor features a large entryway where a four-story mahogany spiral staircase plays a starring role. It also showcases the home’s massive scale.

“You only realize when you’re in the space, and you look around, that you’re in this enormous room, and a light fixture you are looking up at is eight and a half feet tall by four feet wide,” Duston says. “You start to wonder what it would have taken to actually produce that sort of a fixture.”

For those who don’t want to climb the stairs, there are two elevators in the house.

Kitchen

Jared Sauliner/ Seacoast Photography

A new owner will also never be far from a snack. Kitchens are located in the main part of the house, on the lower level, in one guest wing, and on the third floor.

“The main kitchen in the house is pretty spectacular. It’s all Wolfe and Viking,” Duston says. There also are two butler’s pantries and an abundance of seating.

Kitchen in the guest wing

Jared Sauliner/ Seacoast Photography

The kitchen in the guest wing is fully equipped with bar seating.

Summer kitchen

Jared Sauliner/ Seacoast Photography

The indoor summer kitchen has a Viking grill and other high-end appliances. It is in close proximity to many of the entertaining spaces.

“The lower level is all about recreation and fun down there. There’s a spectacular custom-built bar with some really beautiful tile work that has some of the most unique tile I’ve ever seen. It has different fish that you can find in the lake, which is a really neat little thing.”

Lower-level bar

Jared Sauliner/ Seacoast Photography

Game room

Jared Sauliner/ Seacoast Photography

Game room

Jared Sauliner/ Seacoast Photography

The custom billiard, poker, shuffleboard, and foosball tables are included in the sale.

“It all is custom-made, and it all matches and was specifically designed for those spaces,” Duston explains.

Bunk room

Jared Sauliner/ Seacoast Photography

Home theater

Jared Sauliner/ Seacoast Photography

On the third floor is a room with eight bunk beds and a home theater, which seats 15.

“I’ve been in a lot of very nice houses, and this is a professionally designed and built home theater. It’s spectacular,” Duston says. “It’s as comfortable a seat as you will ever sit in.”

Sauna

Jared Sauliner/ Seacoast Photography

There is also a hot tub, sauna, and gym, including a crucial perk to make working out a little more bearable.

“It looks out over the lake and has one of the best views in the house,” Duston says.

The house is about two hours from Boston and 45 minutes from Portsmouth, NH.

Barn

Jared Sauliner/ Seacoast Photography

Boathouse

Jared Sauliner/ Seacoast Photography

Boathouse

Jared Sauliner/ Seacoast Photography

Beach

Jared Sauliner/ Seacoast Photography

Near the main house is a barn and a six-car garage.

“If you’re an automobile enthusiast, this is the ultimate garage,” Duston explains. “It is all finished inside. It’s heated, and there are custom-built cabinets and workshop space all the way through.”

The steel and mahogany boathouse has three enclosed boat bays and slips for an additional four.

“Part of this was friends and family can arrive at the property by water, which is a really cool thing to be able to do,” Duston says. “It’s really rare to have a property that can accommodate that much dockage.”

A small beach area is next to the boathouse.

The current owner bought the house in 2019 for $7.75 million and made several updates, including a complete automation system, security and camera system, and theater equipment.

“It’s probably going to go to someone who wants a legacy property,” Duston says of the home. “This is something that most likely someone’s going to want to keep in the family for a very, very long time.”

Bedroom

Jared Sauliner/ Seacoast Photography

Living space

Jared Sauliner/ Seacoast Photography

Living space

Jared Sauliner/ Seacoast Photography

Hot tub

Jared Sauliner/ Seacoast Photography

Bathroom

Jared Sauliner/ Seacoast Photography

Exterior

Jared Sauliner/ Seacoast Photography

The post New Hampshire’s Most Expensive Home Is a Spectacular $19.5M Lakefront Estate appeared first on Real Estate News & Insights | realtor.com®.

Source: realtor.com

How I Made 2 Million Dollars From a Single Rental Property

I bought a commercial property in 2018 for $2,100,000. It was a 68k square foot strip mall that had a grocery store, restaurant, office, and coffee shop as tenants. I bought this property in Northern Colorado and it was the most expensive and biggest property I had ever purchased by far! I thought this was … Read more

Source: investfourmore.com