McKensie Hogstrom
[Calc Review] Help me analyze this deal SW Cedar Rapids IA
Hi everyone! I was recently approached by an investor who wants to sell their quadplex in the SW side of Cedar Rapids IA. This is the first quadplex I'm considering purchasing but I'm worried that my numbers are too c...
Chris T.
1031 Single Property to Multiple Properties Strategy
I am looking into selling a single property and using the proceeds in a 1031 exchange to purchase 2+ properties. My question for those that have done this or are familiar is what is the better strategy....1) Identify...
Matt Smith
Expense allowed for 1031
I am planning to see property A to buy property B using 1031 exchange.In order to get top dollars for property A, I need to do some home improvements (paint, carpet, etc.)Is it possible get money from the 1031 exchang...
TJ Sayers
Turn Key Rental Buyers- Birmingham, AL
I have several questions for investors buying turn key properties (specifically in Birmingham, AL). My company does about a 50/50 split between wholesale properties and turn key rentals. We own 45 rentals in Birmingha...
Dusty Bowling
HELP ON EVALUATING 15 UNIT APARTMENT!!
Hey everyone I’m looking to purchase my first complex . A little background on myself . I’ve been investing for over 20 years . I’ve flipped around 60 single family houses and have built 12 new builds. We also have 25...
Christophe D.
How to react with tenant
Hello to all,I had to send a contractor to waterproof the basement of my rental unit. The contractor did some concrete stains on the tenant's rug.The tenant is asking me to refund her the rug. As the contractor is wil...
Nancy Y.
Help with estimating repair cost
Hi everyone,
Super newbie here.
I'm currently under contract for my first property investment. It's a 1958 duplex. After home inspections there were alot of issues that were found! it has crawlspace issues, retainin...
Jordan Crist
5 Dreamview Drive Fix & Flip
Investment Info:
Single-family residence fix & flip investment in Charleston.
Purchase price: $86,500
Cash invested: $232,500
Sale price: $375,000
MLS Foreclosure originally listed at $200,00...
Mike S.
Strategy: Hold vs. Sell
I would like to get everyone’s thoughts on hold vs. sell. I have a property that generates a 20% CoC currently that I bought 2 years ago. Over the same time the property appreciated 30% and I can sell it and make a 2....
Jay Y.
EIDL and physical repairs
I'm not sure exactly where to post this question but here it is, I was one of the fortunate ones to be granted an EIDL from the SBA. There's a clause that says it can't be used for physical repairs which makes sense ...