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All Forum Posts by: Robin Gravlin

Robin Gravlin has started 6 posts and replied 24 times.

Post: What the “BLEEP”??!!

Robin GravlinPosted
  • Flipper/Rehabber
  • Granite Bay, CA
  • Posts 24
  • Votes 12

My scenario... need help getting me off the freakin tea cup ride and onto the race track.

Facts;

Retired and married to a self made millionaire with assets only in his name. That’s fine... he worked his *** off!

I own two sfr in Northern California.

One is co-signed by my father 🥴 (I’m 56)

Other is co-signed with my husband. (😖😖)

neither of them are keen to adding more properties in their names

I can’t qualify by my self and I want to invest in more properties or even flips to increase lumps of cash to start buying on MY OWN!  It’s killing me.  

I have approx 150000 equity in each property.  I can’t even qualify for a refi!

Should I get a job that sucks to have a w-2?  

What’s my plan B??  Ideas? Please help I’m getting dizzy and frustrated!!! Open to many ideas.  I just want to get going!

Post: Turn Key Companies to recommend or stay clear

Robin GravlinPosted
  • Flipper/Rehabber
  • Granite Bay, CA
  • Posts 24
  • Votes 12

I am looking to 1031 a SFM in California (approx $350,000) into a turnkey property out of state. I have heard there are good ones and let's just say, "Not good ones".


Before I leave my cash in a company, any advise as to the good ones or one, and one to stay away from?  You can comment here, or if you prefer to be on the down-low, pm me.  Happy Investing!

Post: HELP!! What to do??? Hold or sell. I bought three rentals..

Robin GravlinPosted
  • Flipper/Rehabber
  • Granite Bay, CA
  • Posts 24
  • Votes 12

Thank you Brian for your thoughts and also for the referral of Dave Foster, I will reach out to him. I will consider everything you said, I will also look at the BRRRR calculations and see what that comes up at when punching the numbers. Needs to cash flow obviously. Thanks again!

Post: HELP!! What to do??? Hold or sell. I bought three rentals..

Robin GravlinPosted
  • Flipper/Rehabber
  • Granite Bay, CA
  • Posts 24
  • Votes 12

I bought three rentals in 2007 in the Sacramento area..C class area.  Purchased for 175 each owe approximately 100,000 on each.  Interest rate of 4.5 -5% 30 year. Each one is worth approximately 300-320 if I put approx 10k in fixes. 

Rented currently long term tenants.  If they moved out, needs approx 10k in rehab Before I put on the market.  Would sell quickly.  So....

Do I hold and raise rents to market value..1500-1750, sell all three...tax hit of 45k each, home equity loan and purchase another, sell and do a 1031.  Would like to build portfolio.  I also have approx 30k in credit card debt.

Analysis paralysis.., I might have an investor to purchase all two or three for 300 each broker payout of 4%

Thanks BP community!