All Forum Posts by: Francisco Milan

 Of for sure man when I got into real estate back in 2014 I was picking up properties for very very low specially of market homes. Top 2 deals I bought was a triplex for $25k brining me $1,800 a month minus hard money loan which was only $350 and utilities. Second was 8 units for just $90k only 2 needed work 

For sure is I know many are saying deals are still out there but lets be real here. We went from 3,400 active SFR listings to like 12k give or take here in Phoenix, AZ. With that said that means there is more competition, few months back you could lip stick a home and throw it up on MLS and you would sell it we are facing a few hurdles

-Homeowners thing their home is worth a market price even though it needs a lot of work

-Interest rates have wiped out tons of buyers from the market

-And now we have way more listings on the market 

Something has to happen here soon I just think its a matter of time. 

Hello Everyone,

With market being uncertain how are you guys wholesaling deals right now ? Are you guys getting good deals ? Are investors buying ? 

Hello Everyone,

Wanted to ask the professionals of this forum who have been around for a few crashes, how were you staying busy in the 09 recession ? What did you focus on to serve your clients and get closings ? What skills did you have to learn ? Did you target any specific buyers or sellers ? If yes what was the criteria ? 

Your response will be highly highly appreciate

Hello Everyone,

What is the best sms system to send out text messages by bulk out there ? 

Makes total sense I have read it is a really rough city, but like any other city it has its class A cities. I have doing research and I have read that these neighborhoods are some of the top Lakewood and Ohio City. I also found this guide below that shows its grading. 

https://www.biggerpockets.com/...

Hello,

I am in the Phoenix, AZ market looking to branch out to Cleveland, OH. Is there anything I should look out for ? 

I want to start fix n flipping, any state regulations I should look out for ? Is Cleveland strict with rehab permits ? 

Is it a flood zone area ? 

How about for rentals, anything I should look out for being a landlord ? 

If your in Cleveland market lets connect shoot me a message. 

Hello

How are you guys collecting hedge funds to add to your buyer portfolio ? I came across a website charging like $300 but not sure if they are legit so thought I ask BP. 

I understand you guys say dont pay utilites but there is blue collar workers out there that get contracted out of state and their companies pay for their stay therefore they dont mind paying above rent market value. This is even worth more than doing AIRBNB less turnaround and higher profits. 

How do you guys keep your utilities cost down ?
Do you just write in the lease agreement tenant to keep AC unit at a certain temperature ?
Do you use solar panels ?
Smart electronics like NEST etc?
I am trying to find out how to keep my tenants from running up the electricity and water bill