All Forum Posts by: Benjamin Palasek

Looking for a great property management company that services Adrian Michigan. The property is located near the college. 

34 years! Thats longer than i've been alive! I would love to buy you lunch if your ever in the grand rapids area.

Welcome to BP! What area's in Grand Rapids are you investing?

Sounds like a reasonable repair bill to me. He spent his time finding and getting the part. If that part fails he will have to replace it. Sometimes you can find people that will let your order the part but they will not be held liable if there is a problem. Find people who do good work and pay them what they are worth!

Thank you all! Cash out refinancing is probably what I'll end up doing.

I owe 60K. Comps in the last few months are about 150. Is capital gains tax still 15% if your a small fish?

That is also an option. Although I'm waiting to buy unless I can find property far below the inflated market value.

Hello bigger pockets members, I started buying real estate for the purpose of buy and hold investing. I bought two property's in the last year and a half at 30% below market value and have been renting them at about 1.75% of the 2% rule. Over the last year home values in this area have increased 40%. I have one property listed for rent now. A prospect tenant asked if I would do a land contract. Should I sell now and take a 70% increase on purchase price? If so should I put it on the MLS or set up a land contract? Or should continue to rent since cash flowing buy and holds are why I got in the business in the first place? Any thoughts or words of wisdom would be appreciated.

We should have lunch again. Congrats on getting your license.

Welcome! Hope to see you around.