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All Forum Posts by: Dejan Popovic

Dejan Popovic has started 1 posts and replied 8 times.

Post: How can I start with virtually no money??

Dejan PopovicPosted
  • Investor
  • Waterloo, IA
  • Posts 8
  • Votes 15

So many ways to go about this, but the best advice I can give you is make more money. Are you working 2 jobs? Do you have a side hustle? 

Read Brandon’s book “The Book on investing in Real Estate with no and low money down”

Post: $128,000 profit without flipping....

Dejan PopovicPosted
  • Investor
  • Waterloo, IA
  • Posts 8
  • Votes 15

Marisa, your title is misleading you will not generate any profit until you actually sell. Equity is great, but at 1250 rent I wouldn't take more then 100k

Post: How to find the ARV of a multifamily?

Dejan PopovicPosted
  • Investor
  • Waterloo, IA
  • Posts 8
  • Votes 15

1. Yes, they are considered residential income properties so even a triplex and 4-plex could end up as a comp.

2.  Appraisers may and most likely will still used them or they can go out into similar neighborhood. You have to realize that those homes do make up the market.  

Post: Install/Hang Drywall in Waterloo/CF

Dejan PopovicPosted
  • Investor
  • Waterloo, IA
  • Posts 8
  • Votes 15

I've got a large project and both of the guys that I work with our tied up with other jobs atm. Anyone recommend a contractor for drywall for a good price? (under $1.50 sf ft). This will be about 1,500 total.

Post: New development surplus in Cedar Rapids

Dejan PopovicPosted
  • Investor
  • Waterloo, IA
  • Posts 8
  • Votes 15
Originally posted by @Jon Sladek:

Sort of, I've found that I can increase my margin by utilizing Facebook. I have this 3 bedroom, 2 baths that I've been renting for $1500 on 16th Ave. But I've essentially been able to use my FB marketing to create bidding on my property. 

Those new apartments in NewBo being build by Hatch Development aren't allowing pets. If you're okay with a dog, you can probably greatly increase your margin in the area. 

How are you creating a bidding on your properties?

Post: How much does a roof cost to replace?

Dejan PopovicPosted
  • Investor
  • Waterloo, IA
  • Posts 8
  • Votes 15

I'm semi local to you and I got a 1,100 sq. ft house and single stale garage done for 3K. This was through a connection and very cheap. The second cheapest quote was for $4,200 which also is a good deal.

Post: Flooring for SFH Rental.

Dejan PopovicPosted
  • Investor
  • Waterloo, IA
  • Posts 8
  • Votes 15

Low Income rental I like loose lay down vinyl sheet flooring. Easy and cheap to install.

For nicer rental use tile. Find some nice 12x12 for under one dollar.

Post: Finance a car to purchase property: creative or crazy?

Dejan PopovicPosted
  • Investor
  • Waterloo, IA
  • Posts 8
  • Votes 15

Make a real sacrifice. Sell the Truck and buy a 2k beater.

I did this starting out. Had a newer Vette and BMW, Vette was 50 percent paid for and BMW free and clear. Best decision ever, and got me started with plenty of capital.