All Forum Posts by: Paul Amegatcher

Oakwood is great place to flip. It has a great school district (the best in Dayton) and people want to live there. Just make sure to get the proper permits as they are very nosy whenever a renovation is occurring. They will shut down your rehab if your permits are not in order.

Sounds like a great opportunity to get a discounted property. Its really surprising but I have had tenants rent a property knowing someone died in it. Don't get in your own head about the cemetery.  Also, what's the reason for it being 75% vacant. I doubt that has to do with the cemetery. 

Based on some of the questions you are asking I would say you need to start with real estate education. There is a ton of information on this website and plenty of books on how to get started.  Here is a path I would recommend for you.

1. Educate and consume everything real estate. Podcasts and audiobooks work great for long commutes.

2. Start saving 10% of your current income so you can have some money to invest.

3. Network with other investors. Join a local REIA or meetup group.

4. Locate an area that you plan on investing(farm area) in and start studying the market. Know what renovated properties in the area sell for so that when you see something listed for 50% of the market value you will know there is a possible deal to be had.

5. Start driving in your farm and area and writing down addresses for vacant or dilapidated buildings. This is called driving for dollars. You can create a list of people to market to for off market deals.

Education is the cheapest thing to acquire in real estate but most people tend to skip over it. Good luck.

These little things are not real problems. I think sometimes we respond emotionally when you can take a step back and realize this will work perfectly for the end buyer. I say let it go and in the future be more specific in what you want done. Just my $0.02.  Good luck.

You may need a new title company. The first one missed a lien release that was recorded and now they are holding up your closing. Also since the lien is no longer attached to the property the lien holder has no right to claim interest in the property. A quiet title action maybe the last resort. A new title company will be my first action. Good luck.

@Jorge Ruiz contact @Christina Carey with Outside the box real estate. She has is a broker and an investor and should be able to help you with both services or at least one of the services. If you ever need any information about the Dayton market feel free to contact me. 

 1. I would Recommend Montgomery and Son's Electric out of Jefferson Township. Google them to find a phone and contact number.

2. My SWAG range is $2000-$3500

3. Replacement price for new meter and electric panel should range from $1200-$1800. 

Feel free to contact me if you need other recommendations for contractors in the Dayton area.

Paul 

Also check out this thread in regards the Dayton area properties:

https://www.biggerpockets.com/forums/92/topics/513797-usreeb-experience-in-the-dayton-ohio-area

Please review the thread linked below. I would suggest you get a third party inspector to verify the works completed. 

https://www.biggerpockets.com/forums/706/topics/317874-experience-with-usreeb