Projected cash on cash return was slightly above 14%, now 6 months into ownership we will be able to run more concrete numbers-however this is holding true.

Projected cash on cash return was slightly above 14%, now 6 months into ownership we will be able to run more concrete numbers.

I had a concrete edging project lined up since June with September start date.

Generally speaking, they can point you in the right direction and answer questions to ensure that you remain compliant with 1031 guidelines. 

Contractor is adding 2-3 inches layer of concrete and he says the 2-3 inches bottom part of this wood column will be covered in concrete.

What is most interesting about this deal is that the property used to be a hospital before it was converted to an apartment complex 30 years ago, so it is already equipped with many ADA compliant amenities such as large doorways/hallways, elevator, etc.

Lumber, concrete, electrical, appliances, HVAC, etc.

The state came in and removed a concrete dam upstream, which was to allow shad movement upstream, and lower the water level in the stream. 

Purchase price: $729,000 Cash invested: $250,000 Sale price: $1,550,000 We performed the following renovations prior to selling the house:-Converted an open dining room into a 4th bedroom creating 2 closets and french doors-Renovated the kitchen and master bathroom including moving water lines and venting-Installed a beam creating an open archway-Covered the fireplace and installed custom cabinets in the living room-Built a patio with pavers and a pergola-Removed concrete patio and installed sod-Installed can lighting -Carpentry -Paint

We converted property to 2 legal units which brought in an extra $1200/ month in rental income and is compliant.