All Forum Posts by: Alfath Ahmed

For a general partnership (without the LLC), that will invest in real estate in Ohio, what kind of bank account can we open, like checking, saving or anything else? Can we create a High yield savings account?

What banks would you recommend for it?

Hi everyone,

I am a new member trying to remodel/rehab a house. What is the best way to find good general contractors (reasonably priced, delivers on time, committed to quality) ?

What are red flags ?

Looking for a good contractor I can call for big and small projects in the Cleveland area. Its hard to find decent people that do good work but hopefully someones on here!

-Calum B

I purchased a duplex in the Mt. Pleasant area of Cleveland in 44120, and had some decent tenants that are vacating the property. I'm not sure if I'd like to take a chance in sourcing new tenants in the area and hoping I don't get bad ones, given that the area seems to be one that lots of people stay away from. That said, I'm considering selling the property to cut my losses before they happen. Are properties such as this more appealing to buyers with renters already on leases or will I get more interest and a higher sales price if I sell the property vacant? 

Hello everyone

So we are under contract for a quad in Columbus area and currently shopping around for Home insurance. I have a nice recommendation list of providers from my RE agent, but a lot of those do not provide coverage for a Quad property as supposedly they are considered a commercial property.

So I wanted to ask here

1. If anyone has personal experience on a home insurance provider they are happy with, I would love to know more about that.

2. Any special caveats to include/exclude in the insurance coverage as its a rental property?

3. Bonus point, if you could share (in a DM) approx how much you pay annually for your quad home insurance, so I have some idea about the market rate there

Hi!

I urgently need a great property management company that has a good amount of staff to handle their work and are responsive.

I have a few properties in Cleveland to be managed. Please let me know who you have worked with and feel are great! Thanks!

I have bought all of my deals with an agent through the MLS. You see all the time that the best deals come off market, and wholesalers find the best deals. You also see a plethora of cautionary tales "Do your DD on a wholesaler" What does that mean to you, what are good questions to ask a wholesaler?

Hi everyone,

I'm exploring refinancing options for a property in the Cleveland, OH area and would love some recommendations.

Thanks a lot!

We went from zero to over fifty rental properties in about 10 years. Overall real estate investing has been a very good business for us in the form of cash flow and equity. But it is time to scale back to give us more time to focus on our family and some other projects.

The portfolio is 7 properties including a fourplex, two triplexes, three duplexes and one single-family properties. We have a good property manager and the units are partially occupied. The properties are in and around the Akron-Canton area. If you're interested in some or all of the properties, reach out to us and we will put you in touch with our realtor.

Mike

Looking to get into Real Estate. I've been reading a few books on Bigger Pockets. Looking at possibly picking up "Small and Mighty Real Estate Investor" and " Wealth Without Cash". However, it seems my local area (San Jose / Bay Area) might not be the best as I know most of the win is in the buy. However, there is still so much I don't know. 

Wife won't let us house hack (we have a house, and a daughter). We have some REITs. 

Looking for guidance, networking and a path forward. Thanks!