All Forum Posts by: Chelsea Jeffers

@Clay Lehman Thank you! I would appreciate some more info! 

What are everyones thoughts on Ocala, FL? I have been recommended to look there for potential rental properties. So far after punching some numbers it looks pretty attractive. 

@Jacob Graves

Duplex, Asking 70 but can probably get it for 65

Needs about 4,000 in work

Pure cash flow is about 500 using conservative calculations.

@Ricardo Navarro my property management company manages quite a few in that area.

I am definitely still skeptical.

I am looking at a property in the North Collinwood area of Cleveland, Ohio. Im told it is a C-/D+ area.

I’m wondering what everyone’s thoughts are on this area.

The numbers for the property make sense. My agent has brought me the property before putting it on the market.

I am a prospective buyer in the process of making an offer on a multi family unit.

I was able to read the current lease agreement for one of the tenants currently occupying the property.

There was no security deposit obtained.

Is this a red flag?

I'm searching for a good BRRRR deal in Cleveland, Ohio. I've been informed that some appraisers have been lowballing their numbers making the ROIC less than what was desired or expected to repeat another BRRRR.

Can Cleveland investors comment on this?

@Louis Adimando Basically trying to continue building a team. And ask for legal advice for any future obstacles.

If I have rentals in two different states, neither of which I live in. Do I need to find an attorney for each state? Or can I find an attorney in the state I live in? 

When financing through private money lenders, do they require the property to be in their name until the loan is paid? How do you get around this is that is the case?