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User Stats

3
Posts
10
Votes
Armando Albarado
Pro Member
10
Votes |
3
Posts

User Stats

4,152
Posts
1,393
Votes
Julio Gonzalez
Pro Member
  • Specialist
  • West Palm Beach, FL
1,393
Votes |
4,152
Posts
Julio Gonzalez
Pro Member
  • Specialist
  • West Palm Beach, FL
Replied

Welcome to BiggerPockets, Armando! 

  • Julio Gonzalez
  • (561) 253-6640
  • User Stats

    15
    Posts
    5
    Votes
    Brian Arcangeli
    Pro Member
    • Investor
    • Grand Rapids, MI
    5
    Votes |
    15
    Posts
    Brian Arcangeli
    Pro Member
    • Investor
    • Grand Rapids, MI
    Replied

    Hi Armando,

    Welcome! You're in a great market, you'll do wonderfully - especially if you make use of the forum!

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    User Stats

    187
    Posts
    287
    Votes
    Kerlous Tadres
    Pro Member
    • Realtor
    • Columbus, OH
    287
    Votes |
    187
    Posts
    Kerlous Tadres
    Pro Member
    • Realtor
    • Columbus, OH
    Replied
    Quote from @Armando Albarado:

    I'm very new to the game. In the process of buying my first 4 unit! 


     Congrats man! Keep learning the whole process and you will continue to get better and better

  • Kerlous Tadres
  • User Stats

    28
    Posts
    16
    Votes
    Jacob Kocent
    • Real Estate Agent
    • Pittsburgh, PA
    16
    Votes |
    28
    Posts
    Jacob Kocent
    • Real Estate Agent
    • Pittsburgh, PA
    Replied

    Hi Armando, Welcome to BP and real estate investing! Cleveland is a great place to start, so I hope you find success there! 

    User Stats

    849
    Posts
    825
    Votes
    Simon Ashbaugh
    • Realtor
    • Columbus Ohio, Cleveland Ohio
    825
    Votes |
    849
    Posts
    Simon Ashbaugh
    • Realtor
    • Columbus Ohio, Cleveland Ohio
    Replied

    Hey Armando, congrats on taking the leap into real estate! A 4-unit property is a great way to start and scale fast. 

    User Stats

    562
    Posts
    268
    Votes
    Mackaylee Beach
    • Real Estate Agent
    • Kansas City, MO
    268
    Votes |
    562
    Posts
    Mackaylee Beach
    • Real Estate Agent
    • Kansas City, MO
    Replied

    Welcome to BP and congrats on your upcoming purchase!

    User Stats

    1,389
    Posts
    1,889
    Votes
    Patrick Drury
    Agent
    • Real Estate Agent
    • Columbus, OH & Cleveland OH
    1,889
    Votes |
    1,389
    Posts
    Patrick Drury
    Agent
    • Real Estate Agent
    • Columbus, OH & Cleveland OH
    Replied

    @Armando Albarado
    If you are looking to get started I would recommend being in areas on the West Side of Cleveland like West Blvd, Cudell, Old Brooklyn, Clark Fulton, Edgewater, Jefferson, and Brooklyn Centre. The reason is the rent-to-price ratio is good so you can cash flow, and most of the West side doesn’t have a Point of sale inspection which is really annoying.




    User Stats

    694
    Posts
    962
    Votes
    Min Zhang
    Agent
    Pro Member
    #2 New Member Introductions Contributor
    • Real Estate Agent
    962
    Votes |
    694
    Posts
    Min Zhang
    Agent
    Pro Member
    #2 New Member Introductions Contributor
    • Real Estate Agent
    Replied

    Congrats on your upcoming milestone Armando! Great to know you are looking to purchase in Cleveland. Great market for cash flow opportunities. If there's anything I can do, please let me know!

    User Stats

    1,264
    Posts
    1,455
    Votes
    Joshua Janus
    Agent
    • Realtor
    • Cleveland, OH
    1,455
    Votes |
    1,264
    Posts
    Joshua Janus
    Agent
    • Realtor
    • Cleveland, OH
    Replied
    Quote from @Armando Albarado:

    I'm very new to the game. In the process of buying my first 4 unit! 


     Awesome! Careful on the 4 units in Cleveland. They have poor parking setups, smaller units, generally need a lot more TLC etc. If you find a good one which is rare jump all over it. if not stick to the duplexes. 

    User Stats

    1,690
    Posts
    1,702
    Votes
    River Sava
    Pro Member
    #1 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
    • Lender
    • USA
    1,702
    Votes |
    1,690
    Posts
    River Sava
    Pro Member
    #1 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
    • Lender
    • USA
    Replied

    Welcome to BP, Arrmando, and congratulations!

    Do you have any plans for value-add projects or are you looking into something fairly turnkey?

  • River Sava
  • [email protected]
  • User Stats

    1,035
    Posts
    1,347
    Votes
    Samuel Diouf
    Agent
    Pro Member
    • Real Estate Agent
    • Columbus, OH
    1,347
    Votes |
    1,035
    Posts
    Samuel Diouf
    Agent
    Pro Member
    • Real Estate Agent
    • Columbus, OH
    Replied

    Welcome to Bigger Pockets, Armando!

    I’m an investor based out of Columbus, OH but I do work in Cleveland. I’d be happy to connect and chat anytime!

    These forums are a great place to learn and meet people, whether you're just starting out or you're a seasoned investor.

    User Stats

    205
    Posts
    127
    Votes
    David Leggett
    Agent
    Pro Member
    • Real Estate Broker
    • Cleveland, OH
    127
    Votes |
    205
    Posts
    David Leggett
    Agent
    Pro Member
    • Real Estate Broker
    • Cleveland, OH
    Replied
    Great to hear Armando!  4 units are great because they give you the option to rent some units out while you're working on fixing the other ones up and there is a lot of rental demand in Cleveland and surrounding neighborhoods right now, so it's a great time to get in the market!  Please keep us updated on your progress!
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    User Stats

    5,356
    Posts
    6,279
    Votes
    Remington Lyman
    Agent
    #3 Classifieds Contributor
    • Real Estate Agent
    • Columbus, OH
    6,279
    Votes |
    5,356
    Posts
    Remington Lyman
    Agent
    #3 Classifieds Contributor
    • Real Estate Agent
    • Columbus, OH
    Replied
    Quote from @Armando Albarado:

    I'm very new to the game. In the process of buying my first 4 unit! 


     Congrats!

    • Real Estate Agent Ohio (#2019003078)

    User Stats

    1,469
    Posts
    1,252
    Votes
    Jimmy Lieu
    Agent
    • Real Estate Agent
    • Columbus, OH
    1,252
    Votes |
    1,469
    Posts
    Jimmy Lieu
    Agent
    • Real Estate Agent
    • Columbus, OH
    Replied
    Quote from @Armando Albarado:

    I'm very new to the game. In the process of buying my first 4 unit! 


    Hi Armando, that's amazing that you're looking to buy your first 4-unit. In addition to Cleveland, OH, I would recommend looking into Columbus, OH as well! Great macroeconomics - population growth, job growth and lots of companies moving here. Landlord friendly rules because evictions are quick - won't even take 12 mos. Lots of positive cashflow rentals that hit the 1% rule with tons of appreciation. I'm happy to connect and answer any questions you may have!

    User Stats

    768
    Posts
    882
    Votes
    Alfath Ahmed
    Agent
    Pro Member
    • Real Estate Agent
    • Columbus, OH
    882
    Votes |
    768
    Posts
    Alfath Ahmed
    Agent
    Pro Member
    • Real Estate Agent
    • Columbus, OH
    Replied
    Quote from @Armando Albarado:

    I'm very new to the game. In the process of buying my first 4 unit! 


     Great Stuff Armando. The first step is to get out of your comfort zone. Cleveland is known for its strong cashflow. Look into Columbus if you looking for equity plays and strong appreciation. 

    User Stats

    277
    Posts
    181
    Votes
    Regina Blake
    • Realtor
    • Cleveland, OH
    181
    Votes |
    277
    Posts
    Regina Blake
    • Realtor
    • Cleveland, OH
    Replied

    Hi, many people/ my clients love to invest in real estate in Ohio. People from all over the world inquire about Ohio's real estate market check it out! Congratulations and best wishes!

    User Stats

    857
    Posts
    417
    Votes
    Brittany Minocchi
    Pro Member
    • Lender
    • Massillon, OH
    417
    Votes |
    857
    Posts
    Brittany Minocchi
    Pro Member
    • Lender
    • Massillon, OH
    Replied

    What's up @Armando Albarado!

    Congrats on beginning your journey, OH is a great place to start. Are you local to the area? Are you planning to live in one of the units? Just curious, what made you want to start with a 4-unit over a duplex? 

  • Brittany Minocchi
  • [email protected]
  • 330-354-6590
  • User Stats

    27,503
    Posts
    18,651
    Votes
    James Wise#1 Classifieds Contributor
    • Real Estate Broker
    • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
    18,651
    Votes |
    27,503
    Posts
    James Wise#1 Classifieds Contributor
    • Real Estate Broker
    • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
    Replied
    Quote from @Armando Albarado:

    I'm very new to the game. In the process of buying my first 4 unit! 


     Holla