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All Forum Posts by: Amy Hu

Amy Hu has started 26 posts and replied 111 times.

Post: Flying to CLV next week, looking to network

Amy HuPosted
  • Investor
  • Thousand Oaks, CA
  • Posts 126
  • Votes 47
Originally posted by @Daryl Anderson:

Amy Hu id be happy to meet with you when you arrive.

 I love your blog post which describes your investment strategy. You found a niche market that could use your specialty. and you're helping people too. Well done!

Post: Criminal Complaint in Cleveland.

Amy HuPosted
  • Investor
  • Thousand Oaks, CA
  • Posts 126
  • Votes 47
Thanks for sharing!
It's a shame that the city would fine that much for such pettiness!

Originally posted by @Brian S.:

@Johnathan Norman

I haven't read every response in this thread, but seems like this issue may have been resolved. 

I had a similar issue last year in Parma OH with the city fining $150 for a garbage can out one day later than it supposed to be. The property is in my name, not an LLC. I was livid about such pettiness from the city. In any case, I called the local council woman and she actually got it handled for me! I didn't have to go to court or pay the fine. She was awesome! But I just wanted to share this as another option if anyone finds themselves in a similar situation.

Brian

Post: Flying to CLV next week, looking to network

Amy HuPosted
  • Investor
  • Thousand Oaks, CA
  • Posts 126
  • Votes 47
Originally posted by @Gwen Fyfe:

We call it CLE here. ;)

What dates will you be in town? I’ll be recovering from tax season and happy to grab a beer.

Will Tue. or Wed. evening work for you? I assume you have day job :-)

Post: Flying to CLV next week, looking to network

Amy HuPosted
  • Investor
  • Thousand Oaks, CA
  • Posts 126
  • Votes 47
Originally posted by @Bob Collett:

Amy

@Federico Gutierrez is correct. However, Great Lakes REIA is worthwhile because you will meet some good people, especially if you are looking for a windows guy (Chris W), or an insurance agent for investment property (Randy R), a local evictions attorney (Gary F), etc. The meeting itself is usually interesting, often with useful topics, but the first 45 minutes to an hour is usually a sales pitch for why you must join REIA, and how great the benefits are and how foolish you would be if you did not join. There may be more than 100 people at the meeting, but they have trouble with retention, so about 25% to 35% in attendance is usually 1st time visitors or investor wannabees, another 25% to 35% are vendors wanting to sell something to the investors, and the rest are practiced investors that come to learn and share.

Meanwhile, lets get together when you are in town... thanks for the referral last week.

Bob Collett

Thanks, Bob! I'll give you a call. See you next week

Post: Flying to CLV next week, looking to network

Amy HuPosted
  • Investor
  • Thousand Oaks, CA
  • Posts 126
  • Votes 47
Originally posted by @Federico Gutierrez:

It's usually as sales pitch. You need to actively reach out to members on here who are making things happen and meet them

 You mean that 

Great Lakes REIA meeting is not worth going. 

Thanks! I can use my time in better way. Appreciate your feedback

Post: Flying to CLV next week, looking to network

Amy HuPosted
  • Investor
  • Thousand Oaks, CA
  • Posts 126
  • Votes 47

I'm flying to CLV next week to walk through my apartment building.

Looking to network with local investors, brokers,general contractors etc. 

BTW, any REI meeting next week? I found this online and wonder how many people usually go.

Great Lakes REIA - Cleveland General Membership Meeting

Thursday, Apr 19, 2018 at 6:00 PM EST
Crowne Plaza Cleveland South - Independence

Thanks!

Post: Help-list says boiler intact but actually broken, lesson learned

Amy HuPosted
  • Investor
  • Thousand Oaks, CA
  • Posts 126
  • Votes 47
Originally posted by @Account Closed:

Mechanical systems can only be accurately tested if all utilities are on. Without that assurance you are rolling the dice. I buy properties as is frequently, but I also have crews that can fix any issues. Not sure what building/property you are heating but $8250 seems high for anything 4 units or under.

 thanks. I'll do that next time.

realistically how long does it take to heavy rehab on a 16 unit vacant apartment building?

Post: IIP Property Management in Cleveland< Ohio

Amy HuPosted
  • Investor
  • Thousand Oaks, CA
  • Posts 126
  • Votes 47

anyone has experience with Midwest realty Advisor for property management?

Post: Help-list says boiler intact but actually broken, lesson learned

Amy HuPosted
  • Investor
  • Thousand Oaks, CA
  • Posts 126
  • Votes 47

Hi-

We bought a property last year in Cleveland and did heavy rehab on it.

The original listing says clearly that "boiling system intact" . Recently my contractor reported that the boiler is totally not working and need to be replaced. We got a few bids and paid $8250 to have it replaced.

I went back to inspection report and realized that boiler was not inspected. MY PM said it's because the property didn't have utility at that time so there's no way to do inspection.

I'm frustrated. How could the Ads clearly states "intact" when the boiler actually doesn't work at all?

What can I do? Help! 

How can I avoid prevent this kind of loss in future? Thanks for your input

Post: Can anyone recommend a good property manager in Cleveland?

Amy HuPosted
  • Investor
  • Thousand Oaks, CA
  • Posts 126
  • Votes 47

@Justin Stamper 

thanks for your input! Do you mind sharing more info -Are those 48 doors SFH or apartment? in what area? what class neighborhood?

Really appreciate your time!