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Triplex is too Complicated for Demetrius from Phoenix?
When you are investing out of state, it's usually best to proceed with as much caution as possible. However, there are times where it makes sense for investors to take on bigger risks than usual. During the 1,981st episode of The MLS Search & Analysis Show, Cleveland real estate investing expert James Wise is going over a very complicated deal on a triplex in Cleveland, Ohio for an out of state investor named Demetrius. Demetrius is from Phoenix, Arizona where the housing prices are too expensive for him to be able to get started in real estate. Instead Demetrius has focused his attention on the Cleveland market because of all of the affordable deals in Cleveland, Ohio. This deal in particular is very affordable, however, it comes with a ton of complications, including an appraisal that James Wise believes to be bogus. Subscribe to HoltonWiseTV to learn more about the complications that can arise during your career as an out of state real estate investor.
Triplex is too Complicated for Demetrius from Phoenix? | MLS Search & Analysis 1,981 - 719 E River
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