All Forum Posts by: Russ Chambers

thank you for your response

a mixed use park

i bought it for $1,1250,000

i owe $600,000

I think it will sell for =2,500,000 with a cap rate aroung 7%

$750,000 and finance the rest over 20 years.

Does anyone know what the taxes would look like.

i had benn planning on doing a 1031 exchange in 6 months or so.

thanks russ

grant would be my first choise

Hello i was invited to to participate in an all-expenses paid funding workshop in Los Angeles on 24th January. It is part of an initiative from George Hawkins’ Moonshot Missions to help water systems serving low income communities access large scale EPA funding. You can read more about it here.

i copied that from an email they sent me.

does that seem real?

has anyone ever heard of moonshot?

has anyone on this board ever gotten a system development grant?  

Our goverment is giving away 50 billion.  it would be great to participate.

I own a park that has a failing water system.  Both the supply and septic systems are shot.  

Any feedback would be great.

thx  russ

hi i just bought a mixed property in rural az.  a mix of stick built and Mobil homes/rvs.

i am advertising on craigslist and face book.  Zero response.

does anyone have any suggestions on how to invest in advertising.

thx  russ

Hello I have a couple of houses I want to wholesale.  the properties cash flow great. 

Can anyone recommend a fast way to get the word out to those types of investors.

by the way the properties r in oregon

thanks russ

Hi.  all my eggs are in the NW real estate basket.  

my 2 best properties are big 2 story 6 bed homes w/ separate 1 bedroom cottages.  super cash flow, easy to rent, great neighborhood.  worth about 600k each.  

all 4 building are on cripple walls.

they will not survive a moderate shaking.

I worry...  totally ineffective strategy.

Is there something I should do.

thx russ

Hi

I have a rental I've owned for about 10 years. it's a triplex

I have been a bad boy....

I took the milk and did not care much for the cow.  Now I want to access the equity to acquire more property

as it sits my equity  is approx 150k.  If I could I would do a second and pull out the 150 k and use that to rehab the property and use the rest as down payment for new Brrr.   But my wife and I had some significant health issue and our credit and income won't qualify.

So I am thinking of selling.  (I hate that idea)

what tools should i use to decide if I should...

 sell it as is

fix and sell

or another option.

thanx

russ