All Forum Posts by: Account Closed

@Landon Elscott, @Austin Davis has an REI club started around Cedar Rapids... i haven't been to a meeting yet, and i understand he's been a little busy with a new baby. I think if you put out a feeler on here, there's quite a few of us that would show up to chat over coffee!! I'd be interested in the project(s) you've got in the works....

Great! Thanks, @Austin Davis!

To my fellow local investors:

Our construction company is branching out into the world of rehabs and flips! If you know someone looking for a general "handyman" or contracting service to fix up a house/unit/outdoor structure, give us a call. You can check us out at www.olsonsco.net or contact us via email at [email protected]. The good ol'fashioned telephone works, too: 319-423-1250 (he also accepts text messages).

My husband is the front-man, his name is Michael. He just finished 'flipping' a unit in our new 4-plex.

We also do full kitchen and bath remodels. Free estimates - we can usually do same-day estimates; evenings and weekends, too!

Thanks and happy investing to you all :).

Rebecca

Absolutely, @Nathan Nickles! Feel free to send me a message! Thank you :)

Just a curious question for my fellow investors in Iowa, specifically the Cedar Rapids area... 

How's it going? Are you finding appropriately priced rentals for the market? I'm having a rough time, some people seem to be asking way to much for their buildings, or asking for 10,000 over the assessed value. 

Not necessarily REI related, directly... but I really enjoy The Richest Man in Babylon. It's a fun read once a year or so :). Have fun!

We're looking for a wholesaler in/around the Cedar Rapids, IA area. If you know anyone, or have suggestions on where i might hook up with one, please let me know!! The MLS is getting a little dry out here.

Thank you :)

Welcome from the Cedar Rapids area :). 

@Roy N.  Thanks!!! By 'flipping' i meant getting it up to standard to rent out. We are holding this building for the long term. We've had it just under a month and all the internal items on the inspection list have been fixed, along with the maintenance concerns of the 3 tenants already in place. The siding is aluminum and it's damaged in several places. It looks very unkempt. The problem with the landscaping is that it's so thick, it's hindering the drainage process when it rains.

The roof is a shallow pitch, i believe the inspection said 7-10 years for replacement.

Thanks for the advice!!

I ended up calling the second qualified person. NEVER heard back from the first even though they paid the app fee. Oh well, c'est la vie!