All Forum Posts by: Ari Hadar

My best tips:

• Wholesaling is more about sales & marketing than about houses
• Be prepared to work long hours
• 3 must have programs: Callrail, Propstream, a good CRM
• Stay away from shiny objects, FOCUS
• Dont delegate a task that you haven't yet done yourself - learn it first
• 3 wholesaling podcasts a day
• Dont take rejection personally
• Read, Read, Read
• STAY HUNGRY

@Ari Hadar

Like Jon said, there are lots of paid options. Personally I use PropStream for both physical and virtual driving for dollars (and many other things). That said, you can do it for “free”. Remember though that time is money and your spending money, or time or both.

Message me with any questions you have about PropStream

Popstream just give you the lists, you can comp there with mls data but what it has to do about D4D i don't get? 

Do DealMachine let me drive, track my already driven path, give me addresses and skiptrace it? 

Hi fellow BPers!

I am just getting into real estate and am looking for some advice in regards to investing in the Cleveland market from out-of-state. I am active duty military, currently stationed in the DC area. My goal is to invest in multi-family properties that (ideally) meet the 2% rule and will be cash flow positive. As I'm sure you well know, those properties aren't exactly plentiful in my current location.

This has brought me to the idea of out-of-state investing. Cleveland seems to have great potential in terms of the properties I'm looking for. Unfortunately, my job prevents me from being able to readily travel to Cleveland, and so I was hoping to get some insight on investing in the Cleveland market from you all.

1) Is it possible to complete sound real estate deals remotely, without having to physically be in the city all of the time?

2) Would it be foolish to try and "landlord from afar", or should I just go the PM route right from the get go?

Thanks everyone for your time. If you have any other advice in regards to investing in this area, I would be incredibly grateful!

- Max

Hey BP community! I need your help. We locked up a seller-financed deal last week. Got a ton of attention but only a few offers. I've only marketed on FB groups (hitting Insta, Twitter & Craigslist tomorrow).
It's a heavy rehab project, 3/1, $47k down (neg), seller holding note at $1k/mo for 3 years (neg). Repairs approx. $50k. Can rent at $2500 upwards when completed. Purchase price $240k (neg). ARV/Comps upwards of $325k.

This should be flying off the shelf! What am I missing? All comments are appreciated!

I am in the Cleveland market and our applicant requirements are very similar to yours.    In C  class properties I am having problems with finding applicants with even our minimum 550 credit score.   We exclude applicants with evictions, but I am told they have no evictions only to find multiple filings.  

I would pick a tenant with a good credit score and income less than 3x the rent, rather than the other way around.  

As the banking industry refers to the 3 C's of credit     Character, capital and capacity.   I feel Character is the most important.

I'm excited to share that finally I am in contract for my first rental property! Duplex in Cleveland OH! Having the inspection tomorrow and probably won't see the place in person until after closing... eek! I am OOS investor in San Diego. Any tips for this newbie?!

View report

*This link comes directly from our calculators, based on information input by the member who posted.

Here is a property (SFH, 3 bed 2 bath) I am interested in the Cleveland, OH area (Euclid, to be precise). I'm thinking about a buy-and-hold strategy with some forced appreciation.

I took most of the numbers from Zillow and made them slightly more conservative.

Would appreciate your thoughts on assumptions used for this model.

I am interested in a deal that gives me solid cash flow (not expecting a blockbuster natural appreciation in the market). I'm wondering if it makes sense to purchase this property for that purpose.

I am also looking to connect with experts in the area.

Thanks,

Han

Hey everyone! I’m an agent up towards Cleveland, and have a friend down in Columbus Ohio who wants to get into real estate video. He’s an actual videographer with years of experience and wants to expand into RE. My question is, how open are agents in that area to real estate video, or video walkthroughs with agents in them. Do you guys use it, how much would you pay for it?

This is just research to see if it’s a viable option in that area. Up towards Cleveland I don’t see a lot of agents paying for video walkthroughs unless the home are 500k + and even then there aren’t that many. Thanks for any help you can offer!