All Forum Posts by: Brenden Evans

I have had rentals there for many years, same issues as anywhere else in Clev. Just screen properly. Since your OOS it's not your concern the PM deals with it, stay out of it. Yes, 10- 14% net caps for cash buyers. I just got 900 for a 1 br in my apartment building HUGE ROI.

Good luck 

Hello Anna, you can do the DSCR under your name and we can do 85% LTV, lets chat!

Hello Anna, you can do the DSCR under your name and we can do 85% LTV, lets chat!

A large percentage of investors (maybe the majority) never really learn to manage their properties well. They lose a ton of money through common mistakes. Study the problems landlords face, learn how to handle them, create policies and procedures, and get ahead of the game. A well-managed property produces a much greater return than the average investment property.

Buy "Every Landlord's Legal Guide" by NOLO. Written by attorney investors, it's full of practical advice about the management of investment property, has sample forms that can be edited, and - most importantly - tells you what your primary state laws are and where you can read them. It's updated yearly and is the best $40 you'll spend as a Landlord. There is one book for 49 states and a separate book for California.

Hi, welcome and congratulations on your real estate investments. Please reach out if you have any questions regarding Ohio's real estate and PM. Best Wishes!

 Please avoid the very high crime areas. The numbers will look enticing but it'll come back to bite you. Pay attention to the number of times that people have sold the house. We are close to the same age and there are some houses that have been sold over 8-10 times since we were born. What does that tell you? it clearly is NOT working. 

Hi Brenden! As an investor myself (Columbus OH), my best advice is to work with a realtor who is also an investor and who can easily plug you in with their systems and network of GCs, lenders, PMs, etc. Happy to connect and answer any questions you may have.