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All Forum Posts by: AJ S.

AJ S. has started 0 posts and replied 98 times.

Post: Newbie From Tracy, CA

AJ S.Posted
  • Investor
  • Columbus, OH
  • Posts 99
  • Votes 35

I'm also investor in Tracy, CA area, great rental market, welcome to the site.

Post: Investing in Cincinnati / Dayton, OHIO?

AJ S.Posted
  • Investor
  • Columbus, OH
  • Posts 99
  • Votes 35

HI All/Karim

DL hit it on the dot, Cincinnati crime is high I grew up there and when to Univ. of Cincinnati, it's ridiculous, there's no jail, cops don't care, before I graduated I did charity work in Over-the-Rhine i almost got shot back in 2000.  I'm sure things are better, near university is hit/miss off campus housing (Clifton) is in demand, that's place to start. stay away from avondale

Post: Where to Start!

AJ S.Posted
  • Investor
  • Columbus, OH
  • Posts 99
  • Votes 35

Hi Vanessa,

  There is a lot of useful information including podcast, e-books, forums, most information is free http://www.biggerpockets.com/real-estate-investing of course reach out to anybody for help.  Welcome to the site.

AJ

Post: Creative Financing or Dumb Idea?

AJ S.Posted
  • Investor
  • Columbus, OH
  • Posts 99
  • Votes 35

@Therese V. did the deal work out?  any updates?

Post: Creative Financing or Dumb Idea?

AJ S.Posted
  • Investor
  • Columbus, OH
  • Posts 99
  • Votes 35

@ Therese V. did the deal work out?  any updates?

Post: Financing ideas

AJ S.Posted
  • Investor
  • Columbus, OH
  • Posts 99
  • Votes 35

I would suggest to partner with other investors, for building of that size a lender would go with 25% minimum down payment. 

Post: San Diego Meetup

AJ S.Posted
  • Investor
  • Columbus, OH
  • Posts 99
  • Votes 35

I'm interested.

Post: Hse Appraisal

AJ S.Posted
  • Investor
  • Columbus, OH
  • Posts 99
  • Votes 35

Yes, for a buy or re-finance, they complete detailed appraisal before loan commitment. 

Post: BP blog post for new niche loan seems like BS

AJ S.Posted
  • Investor
  • Columbus, OH
  • Posts 99
  • Votes 35

Hi @ Rafael 

I posed comment at original post http://www.biggerpockets.com/renewsblog/2015/01/01...

There are lot of lenders out there giving loan, start with small community banks, credit unions in the city where you going to invest in.

Post: Determining an areas rent rates?

AJ S.Posted
  • Investor
  • Columbus, OH
  • Posts 99
  • Votes 35

Just ask neighbors what they are paying for rent, you could possibly find a new tenant that way if landlord is just collecting checks and not doing repairs. You also have appraiser to a rent appraisal on the houses in the area, though some of this information can be available online or on your county's website.