All Forum Posts by: Nathan Astrup

I actually really like living in CLE and my cash flow is great. I don't buy for appreciation.

looks like you're setting yourself up for success! Good luck!

It's been a year since I commented on this post and it looks like it's alive again. haha

@Sherrine Milton Congrats on passing your exam.

Words of advice. I had that job as a paramedic as I mentioned and I quit shortly after I posted back in December of 2014. I'm worth waaayyy more than the $15 an hour I was making as a medic.

If you want to hit the ground running LEAD GENERATE. Get on the phone and talk to strangers. Call expired listings and FSBO and set APPOINTMENTS.

You've got 5 tasks as a realtor, and the rest does not matter.

Lead Generate

Lead Follow Up

Script Practice

Go on Appointments

Negotiate Deals

^ This is what makes money, the rest makes cents. 

Hey BP,

I'm looking for large section 42 and 8 properties around the country. Any size, any price range.

What's the best way to locate the developers or find these building?

@Ezechaelle Norris

Have you gotten your RE license yet? There are far more options when you are licensed, and you'll learn about the market and how deals are done much quicker. 

That being said, I know MANY wholesalers in Cleveland that are very successful.  

I'd be happy to help you with anything you need in getting started.

@Daniel Smith

Cleveland Heights!!

Lots of cashflow potential at great prices in our neck of the woods!

This advice is priceless.

Not to mention once you've finished the renovations you've just created a ton of forced equity. And since you're leveraging, that is like "free money" for you to refi and pull out for your 2nd property.

@Charlie McVan

Dude, you're on the right track!

I am house hacking a tri-plex right now and I have 0.. A big fat 0 in housing expenses. Every 2nd month I contribute $200 towards a repair and reserve fund.

I'm also a real estate agent, let me know if you need anything or have any questions. We have a massive support system in Cleveland for new guys, you're well on your way to financial freedom!

@Account Closed

Come visit and have an agent or investor drive you around.

People will make the difference in your success or failure!

Low purchase price and relatively good rental prices= good cash flow!

Just make sure you know where you're buying. One block can be great, the next can be terrible.

I just recently helped a California investor who bought a duplex for 40k sell because the area was bad, had vandalism, etc. Seemed like a deal to him with 1400/month gross rents! But the maintenance and repair costs in the particular neighborhood coupled with terrible property management had him running away from it!

Have a guy that's boots on ground.