All Forum Posts by: Christopher Blanco

Looking for a GC for a large personal residence rehab in Highland Heights, OH. Budget is $150K. The following items are part of the rehab:

• New Siding
• New Windows and Exterior Doors (garage as well)
• Kitchen/Dining Remodel
• Master Bath Remodel
• Egress Window Install
• Basement Bedroom and Bathroom

Let me know if anyone is interested!

Good post! Best to partner with someone in the area you are looking to invest in. They know the area well and can provide you with your boots on the ground and still get you a great return on your money, 

Looking for financing for a property portfolio in Euclid, OH. I have a partner that is going to be securing 30% stake in the purchase, looking to finance the other 70% of the purchase. The package is worth around $1M (BPO from 3 months ago states a conservative estimate of $955K). Contracted purchase price is $800,000. I have a partner who is going to supply a 30% stake of the purchase price and I need financing for the remaining $560,000. This would be a 1st position lien on $1M worth of property for $560,000. Looking for a 20yr amortization. 

Properties are under contract and we are ready to move. Please contact me ASAP if you are interested. 

I am a local investor in the Cleveland, OH area picking up an 11 property portfolio in Euclid, OH and looking for a qualified handyman to be the go to for repairs and inspections of rental property. Must have own tools. We are working to build an empire so there is plenty of opportunity.  Potential for equity and advancement in company if qualified and performing 

I will preface this by saying I have never done a deal with HW, but from what I keep hearing I would never do business with them. They seem like they only care about being HW and nothing else. I know they are very successful, but I am not sure I want success doing business how they seem to do it. It will catch up to you eventually. 

@Kyle Webster Hope you like Cleveland! Do you have specific areas you are looking at? While you are looking at REIA groups, make sure you check out greatlakesreia.com as well!

I am investing in Euclid right now, and definitely see things that fit that mold. I would say Euclid is a C+ area. Its all about the tenants you put in. Put in bad tenants, you are going to get bad results. 

Put out a clean, safe, updated home at the top of the market rent and you will get good people.

Always does. :D Hit me up if you have some questions!

 Credit is tight now, but that doesn't mean you are out of luck. Here is what I would do if I were you:

1. Don't buy anything based on where YOU want to live. You need to buy where there is demand
2. Educate yourself for a good while. Try and read a book or two a month, more if you have the time. Rotate the books between Personal Growth, Business, and Real Estate
3. Join a REIA group, greatlakesreia.com is the one I belong to.
4.  Find a way you can be helpful to an existing investor (are you handy? Good at marketing? Can run errands? What ever it is, find that and start offering that service to current investors
5. Start with 10 years, where do you want to be, what does your business look like? Now work back to 5, then 3, than 1. Once you get to your 1 year goal, work out 4 90 day plans to get you to that goal. Update each year.
6. Start looking for money partners, banks are fine, but they aren't the only source of capital
7. Start visiting local banks and credit unions and talk to them about your aspirations. 
8.  Build some credit, buy a SMALL car (one you can easily afford), and get 2 or 3 credit cards...secured cards are great. Be disciplined and 2 of the cards, put small expenses and pay them off each month. On the other card, purchase something a little bigger and pay it off over 4-6 months. Make whatever you buy useful to your business. 

That should be enough to get started. :D