All Forum Posts by: Brandon Weisser

I am glad this thread is still trending feedback. My move to Ohio is getting closer, I am about 6  months out and will be looking to purchase a few properties when I get there. All of this is helping tremendously. @Cary F. I am going to keep your information if you don't mind as I will also need contacts for flooring/granite and other jobs. 

@James Wise thank you for your information. I really like Lakewood and currently have someone looking for some multi fam rentals for me. I love shaker but maybe it's more of where I will buy after 5 years or so just because property taxes are extremely high and I think it will crush potential profits or cash flow from an investment. (Would LOVE someone to tell me otherwise) I love the area but buying rentals isn't about the homes I like it's about good areas in high demand that will also allow my investments to grow and cashflow. 

@Ryan Arth I really appreciate your feedback. I completely understand the building structure of the greater Cleveland area and that it is an older community with older structures. I am moving to the area because I like that style of architecture. I just wanted to know from an investors standpoint is it putting myself and my investments at a greater risk because they are older. I actually think most older homes were built better than new homes with the exception of windows, seals, things of that nature burn the bones of the house are better built. I am centering my hold stategy on man you factors but I am considering schools, location, educations level in the area(high school degree, college, graduate degree) as well as crime statistics for the area she and making my own A,B,C rating system. I just like to see how my evaluations look in comparison to others who are current investors. Thanks again for all the insight. 

@Shawn Ackerman I really appreciate that. Can we chat at some point to go over how you analyze a deal?

@Matt Kimple why would an investor not pay taxes as part of their mortgage payment?

@Cary F. I would very much like to chat. I'm moving soon and really need to decide on an area. Let me know how we can make that happen. 

@Matt Kimple that's really good to know. In your experience what are some common expenses people forget to consider

@Ryan Arth I always appreciate the worst case situation on neighborhood grading and from what I hear Cleveland is up and down from block to block but where would you say is a solid B to B- area?  

@Andrew A. thank you for your input into my question. Where have you invested at this point and was there something that you felt drew you to those/that area? 

@Nicholas Varner thank you for your feedback on Lakewood. If you don't see a lot of opportunity to cashflow in that particular area, where are you seeing good returns? I have great flexibility with my job as well as lending. I have both a very competitive approval with conventional lending as well as a great hard money lender for deals that must start out as cash deals.