All Forum Posts by: Ben Halabi

What are your thoughts about Cleveland when it comes to long-term buy and hold and cash flow?

I have a client, new to rehabbing and he needs a contractor. The ones I know are all on jobs. Any referrals?

How do we find a good Property Manager in Virginia Beach?  We've read all the typical interview questions (like how many units do you manage, etc.) but I have some real questions... Why do you charge that huge Leasing fee if professional pictures are not done and most advertising is free?  Where do you find your maintenance contractors? Do you inspect repairs made before you pay the invoice?  Do you require (when possible) before and after pictures for repairs made?  Can the owner participate in the semiannual inspections? How do you keep up with normal maintenance on the property?  

Am I asking too much? 

Thanks 

I wrote on someone else’s post . Lol ok now I got it . Newbie looking for pointers and investor friendly realtor to invest in Cleveland. Please help I have been trying to buy something for very Long time. Lots of fear , I would appreciate any help that can help me pull the trigger.

Hi all!

I’m new to investing and hoping to get in on my first deal by the end of next year. Looking into by and holds for rent. Preferably multi family units. The market I’m in is a little pricey. I’m looking to buy outside of my local areas. I will definitely be looking for property management. Is there anything in particular I should ask when vetting potential management companies? And should I be looking to find a property manager before even finding my first deal?

Thanks in advance for the help!

This is a super vague question but I got thinking about it today and thought I should get some insight.

We are selling one SFR which should give us enough for down payments on 3 new SFRs or a down payment on one fourplex plus maybe one more SFR if we're lucky. The fourplex option gives us more doors, but I was thinking about appreciation. It seems like the more separate properties you own, the higher appreciation you're likely to see. In that way SFRs would be the better option as far as gaining net worth. Multifamily would be easier on management and repairs. This mainly stems from conversations where "everyone's house has gone up $100K in value" whether they paid $180K for their house or $480K.

With the new rental laws in California, I have been looking to flip my current two rentals a (4/2 and 3/2 ) to another more landlord friendly state. I recently purchased “The book on Rental Property Investing.” By BT. I’m looking for a multi family, what states would my fellow Bigger Pockets friend’s recommend? Currently I am looking at the Rio Grande Valley area (Texas), and a little bit in Idaho.

This is my first bigger pockets post, any advice would be appreciated. Have a great weekend.

Houses in California are paid for and are renting out for $1300, and $1100 a month.

Located in the Fresno area. 

Hello All,

I am very new to REI but am keen to learn more and interested in purchasing a house in the next 6-8 months.

My scenario is a bit unique in that I am currently living in Tanzania (indefinitely) but am an American citizen. I would want to purchase property anywhere in The States where there would be good cash flow and capital appreciation, even though my base is in the Chicago area.

I am looking for single family homes with a budget between $150,000-$200,000.

Given my circumstances, does anyone see this as being too risky? What potential challenges do you think I may face? Do you believe it's possible to successfully invest in the US from abroad?

Many thanks in advance,

Dean

Hello everyone, Im Ed a newbie investor.

I'm originally from Cleveland, OH.  Grew up on the near west side.  I am a Firefighter/Paramedic for the city but I live in a suburb SW of Cleveland.  I have no experience in real estate other than purchasing my own home over 3 years ago.  

I came across BiggerPockets after reading Brandon Turner's The Book on Rental Property Investing. I'm currently reading David Greene's Buy, Rehab, Rent, Refinance, Repeat.  While researching the Cleveland market I came across James Wise channel on Youtube The Holton Wise Property Group.

My short term goal is to purchase my first rental property next year.  Preferably a duplex on the near west side of Cleveland. I grew up in that area and have seen the revitalization going on in those neighborhoods.   I'm currently looking at properties with a coworker who is also a real estate agent.  My brother-in-law owns a home remodeling business with connections to contractors for rehab/renovations.  Some of my coworkers have expressed interest in investing in properties with me as well.

I'm looking forward to connecting, learning from, and hopefully working with BiggerPocket members.  Any advice/information would greatly be appreciated.

Thank you,

Eduardo Cid

I'm a buy & hold investor & I'm currently analyzing Single Family properties in B/C class areas in Raleigh & Durham NC under $180k.

If I find a property from the MLS/Zillow that needs some work and I want to look at it, when should I bring along a contractor? I've heard contractors like to know the scope of work before looking at the property since it saves them time.

What's your experience in this matter? Any answer helps!