The property will be worth 220 when complete. 

As mentioned before, stairs were broken, floors were moldy, etc. 

The home is 4bed/3bath and 1990sqftFinishes= quartz countertops, fully tiled showers, 8ft doors, LVP flooring throughoutFinancing isn't included in Gross Margin. 

I installed some updates like new flooring and Kitchen appliances.

Hi everyone!have strong desire to venture in real estate and have read books about real estate and the book I'm currently reading directed me to get more insights from here!I'm from Africa Zambia,does it really take o...

Once the 1031 is complete the LLC dissolves and again the property is distributed to the former members, including the properties just purchased in the 1031 exchange (which each member probably picked out for themselves).This method solved the feared "held for investment" issue. 

In 2020, it came to a near complete stop.Banks go through the foreclosure process typically taking 4-8 months.

Also, without even looking at the plans a 7 unit building will likely have flawed floor plans and/ or an inefficient layout unless its an irregular site.

Paint, floors, fixtures. rents are about 1800-2k, going to list if for 2k once the rehab is done.  225k to buy. 25% down. 22k rehab. 

There’s a strong demand from investors who specifically seek Section 8 properties for their reliability, so it can make the listing more attractive to the right audience.That said, managing Section 8 properties isn’t completely hands-off.