Turning a $55,000 purchase with $65,000 in renovation costs into a property now worth $140,000 shows strong value creation.

I'm spending at least 20-25 hours a week "managing" Suncoast Property Management. 

Does anyone have any experience using Poplar Homes as a property manager in the Dayton, Ohio area?

Does this also mean “selling” the property to the LLC and paying capital gains tax?

I was a former trader on Wall Street and now work at a property tech startup.

Now we negotiated ALL of the $60K Option Consideration funds paid to be APPLIED towards the $300K Property Purchase STRIKE PRICE.

My wife and I are currently saving for our first property to rent out.

we are Canadians  and invest in toledo where we have section 8 properties more then willin to chat about what we have learnt

Shelbie is a licensed Oklahoma Realtor as well with our goal being to have our first property by the third quarter of 2025 in Oklahoma or neighboring states(ex.

It sounds like you've put a lot of work into this renovation.First, let's break down your options:### Selling the Property- You've estimated a potential profit of $58k, which is a significant return on your investment.- Selling now would give you immediate cash to reinvest or use for other purposes.### Renting the Property- With a projected rent of $1450, you need to calculate the Debt Service Coverage Ratio (DSCR) to ensure it's viable