All Forum Posts by: Kevin Kramer

Hey guys I recently started a solar company here in Phx. I have rental properties and am flipping as well. I know solar for rentals doesnt make a whole lot of sense but i am curious  how investors feel about solar panels on commercial properties? Storage facilties, land, commercial space, etc. Can you write it off as a deduction? Has anyone done it and be able to provide feedback?

Hey Joe, I appreciate that insight. On the rental side of things can you still bill the tenants for their electricity use even if the solar panels are cutting down on what cost you have? I guess essentially could they pay down the solar panels with their electricity payments?

Curious to see if any investors have solar panels on their rentals, or flips? And do you feel like it’s been worth it? 

Investment Info:

Single-family residence fix & flip investment in Indianapolis.

Purchase price: $81,500
Cash invested: $80,000

In the Rehab process of a fix and flip. Purchased for 81.5k, intend on spending 80k. ARV 275-300.

How did you find this deal and how did you negotiate it?

MLS

How did you finance this deal?

Joint Venture with Cash

How did you add value to the deal?

Complete Rehab

Investment Info:

Single-family residence fix & flip investment in Indianapolis.

Purchase price: $81,500
Cash invested: $80,000

In the Rehab process of a fix and flip. Purchased for 81.5k, intend on spending 80k. ARV 275-300.

How did you find this deal and how did you negotiate it?

MLS

How did you finance this deal?

Joint Venture with Cash

How did you add value to the deal?

Complete Rehab

Hi Lara. Thank you! Total Rehab time was about 10 weeks. Renters moved in on the 13th. Next I have a Flip currently going on and Essentially will be using that money to buy another BRRRR property.

Hi Amie, 

I am going to send you a PM!

Investment Info:

Small multi-family (2-4 units) buy & hold investment in Indianapolis.

Purchase price: $85,700
Cash invested: $60,000

Purchased for 85,700. Rehabbed the property for 60k. Appraised for 200k.

What made you interested in investing in this type of deal?

Being able to take out the money after the rehab was complete.

How did you find this deal and how did you negotiate it?

MLS

How did you finance this deal?

Cash

How did you add value to the deal?

Full Rehab

What was the outcome?

Refi with 200k appraisal.

Hello everybody I am looking for a HELOC on my primary to scale my portfolio. I am recently transitioning to a W-2 to a commission job so it most likely has to be no income verification. Has anyone had any success with this. I have good credit and the only debt is my primary mortgage. Based in Az but have properties in Indy.