All Forum Posts by: Ofer Attia

Hi, I'm looking for a good handyman and AC GUY in Fayetteville, NC who is reliable and on time. Any referrals will be greatly appreciated. Thanks in advance!

Hello, I'm looking for Realtor And Good Wholesaler for Fayetteville NC.

Please send me your information.

Thx 

This is in NC what about FL?

Hello Everyone 

COVID 19 situation 

Can we charge Late fees or do eviction for the month of June? or we need to wait until COVID -19 will pass away?

Thanks You

What's the address? 

Hey

My team is looking for an additional ambitious, goto agent, that will help us buy more investment properties in the Fayetteville NC area.
Please pm me if you are interested. 

Thank you @Yonah Weiss and @Dave Foster

If ill do refinance the cash flow from the rentals will be greater 

$1500 rent vs $670 (Principle and Interest Payment only).

If I sell the property for $220K , ill need to put $10K renovation + $10K(Commission)

What is your experience with  the 1031 exchange? can I exchange one property with three?

With these numbers will it better to sell?

Hey guys.

I own several rental properties in three different states. And Im considering to sell one of my properties in Phoenix, AZ. I have been renting it out for six years now, and the current rent is $1500/month. The house is fully paid for, and don't have a mortgage. I bought it for $110K initially, and I could probably sell it for $220K.

I'm now thinking of keeping it as a long term rental instead, To Avoid Paying Capital Gains.

If I do keep it, I've thought about doing a cash-out refinance to get some of the equity (can get about $150/160K) and to buy two more rental properties in NC and rent them out for $1000/month each property.

So, better to sell now and pay taxes ? or do refinance/HELOC?

Also, which bank you recommend to do refinance for an investment property?

In my case, refinance will be better than HELOC?

Any thoughts would be appreciated.