All Forum Posts by: Christian Riffle
Christian Riffle has started 2 posts and replied 4 times.
Post: Any investors looking to 1031 exchange money or purchase rentals
- Posts 4
- Votes 1
Yes anybody can purchase these properties
Post: Any investors looking to 1031 exchange money or purchase rentals
- Posts 4
- Votes 1
185 Jetta Ln Canton Ga
Holly Springs - 3 acres with 4 duplexes and 1 doublewide
Rents - $9100 month
Less dumpster $185 month
Less lawn care $300 month
( rents should be around 12k easy)
Tenants pay all their own utilities
Tax bill - $5333.21
Maintenance - 2022 I replaced 3 roofs of the 4 duplexes, renovated 6 of the 8 units of duplexes and complete reno on the doublewide. Along with 7 of the 9 units have new HVAC replaced, bunch of tree work and clean up ( around $150k into it )
1.4 million
213 Arbour Lakes Dr Canton GA
Canton trailer park - 9 acres 15 trailers
Rents - $10,680month
Less dumpster $185 month
Less lawn care $300 month
Tenants pay all own utilities
Tax bill - $3975.67
Maintenance - roughly 1100-1200 month maintenance but of course that varies. With offer I can get exact numbers
1 million
441 Lewis Rd Canton GA
Canton trailer park - 4.5 acres 10 trailers
Rents - $7650 month
Less dumpster $185 month
Less lawn care $300 month
Tenants pay all own utilities
Tax bill - $2341.86
Maintenance - $500-$700 month but also varies - with offer I can get exact numbers
850k
Post: LIVE: Biggest obstacle to buying your first investment property?
- Posts 4
- Votes 1
Post: Down payment help
- Posts 4
- Votes 1
My wife and I rented our first home out that we bought with a VA loan. We profit $1,023 a month which allows us to live in our primary home now. We are ready to acquire more rentals but are wondering where to go for funding? We do not have enough equity in either home for a HELOC so we are back to square one. Any help would be appreciated!