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All Forum Posts by: Rory Thomas Niccum

Rory Thomas Niccum has started 2 posts and replied 2 times.

Real Estate Deal Analysis & Advice

Post: Rental Property Profit

Rory Thomas Niccum
Pro Member
Posted
  • Posts 3
  • Votes 0

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $90,000
Cash invested: $25,000

Bought a house this fall in Minot for $90k. Currently have it rented and plan to hold on to it.

How did you add value to the deal?

New 200 amp circuit panel, Culligan water softner, new washer/dryer, and a deep clean

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Kylee Kruger

0 Votes
Real Estate Deal Analysis & Advice

Post: House Flipping adventure

Rory Thomas Niccum
Pro Member
Posted
  • Posts 3
  • Votes 0

Investment Info:

Single-family residence fix & flip investment in Kenmare.

Purchase price: $78,736
Sale price: $115,000

Bought a house in Kenmare, ND that was freshly remodeled. Had to put a new roof, HVAC, and finish the basement.

What was the outcome?

Nearly doubled my money!

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Yes, Tim Knutson and Kylee Kruger

0 Votes