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All Forum Posts by: Campus Johnson

Campus Johnson has started 10 posts and replied 18 times.

Post: looking for cost segregation company

Campus JohnsonPosted
  • Posts 19
  • Votes 1

Any suggestions for cost segregation companies? Thanks!

Post: real estate professional

Campus JohnsonPosted
  • Posts 19
  • Votes 1

Does time taking care of (mowing/landscaping) and managing (keeping records, paying HOA dues, paying taxes) my vacant parcels count towards my 750 hours of being a real estate professional?

Post: refinance my brrrr

Campus JohnsonPosted
  • Posts 19
  • Votes 1

looking for a small bank to refinance a brrrr in Tennessee. any suggestions? trying to stay away from conventional refi. 

Post: Used or new appliances

Campus JohnsonPosted
  • Posts 19
  • Votes 1

Is it ok to keep the old stove and refrigerator when doing a Brrrr?

Thank you 

Purchasing a 3 bedroom 2 bath split level single family residence to rent using the Brrrr method. There’s 1 full bathroom on each level. Contemplating combining  the main floor bathroom with the master bedroom to create a master with bath suite. This would eliminate any bathroom on the main floor for guests. What’s more valuable, master bath suite or keeping the main floor bathroom separate for guest use?

Looking for feedback.

My wife and I are new to real estate investing and we are presently in the process of taking out a merit loan on our investment property to buy another investment property. Long story short, the appraisal came back at $390,000, which my wife and I find very odd since the house tax assessment values the house at $446,600 and a previous independent appraisal  we had done a year ago valued the house at $475,000. The present appraisal is a drive-by done by an in-house appraiser from a local bank. We believe this appraisal is incorrect. Any advice? 

As a condition to accepting my offer, the seller countered with the condition that I waive the repair/replace contingency part of the inspection and immediately move forward with the results of the inspection “as is” or terminate offer with a refund of earnest money. Should I accept this counter from the seller and then after the inspection offer that the seller give a credit for those big ticket items that need to be repaired or replaced, if in fact any items are found in the inspection? Advise and creative responses welcomed. Thanks.