All Forum Posts by: Chris Nare

Hi Paul, I am interested. I will send you a DM with my information. 

Hi, I found a condo next to one we just bought, and is off the market that the seller bought in 2014. The comps say it is with about 150K and needs about $12-15K in cosmetic updates. The HOA is $225/month. It would rent for about $1700/month. the seller is looking to sell to get money out to use for a family medical need.

I would like to figure out how I can make at least two offers to the seller. I am thinking of making a more traditional offer and a seller-financed offer. I have not made a seller offer before. So looking for some guidance on structuring the offer or any other ideas on how to get this condo preferably without using a bank. 

@ James Wise. James,  I apologize for my delayed reply. Thank you for this information. 

@Sam McCormack. Sam, I apologize for my delay in replying. I am interested in finding a GC, so when I have my next one that needs work, I have a company to use and get a bid.  

 @James Wise. We bought a rental in Greater Cincinnati. The work in the high-end home is my residence. 

@Account Closed Thank you, Mike, for your reply and information. I appreciate it. 

@ Robert Ellis, thank you for your reply and the information. I will remember this as we look to add to our RE portfolio. 

I am a rookie, and we have done our first deal and will rent it soon. One of the challenges we are already seeing is having enough money to fund the following few deals. As a result, I have heard people talk about using Other People's Money, BRRRR, and doing partnerships where the partner brings the money, and we do most of the work. How do I do any of these? Do I find the deal first and get it under contract, then find the money or partner?

We have the real estate bug and want to grow, and I believe this is an excellent time to get in the market. I need some guidance on the way to do this. I appreciate your help and advice.

Hi, I am a rookie working on getting our first property ready to rent. As I look at the following few properties in the area, I will need to find a contractor that does drywall repair and painting in high-end homes (~$1M). Additionally, I am looking for referrals for a contractor that can do complete rehabs. I hope some of you who are more experienced can provide good referrals. I appreciate your help. 

Hi Kieran, I am a REI in the Cincinnati area. I suggest you try the rehab estimator available under tools here on biggerpockets. I used it to ballpark what it would cost me to rehab a property I had just bought, and it was a good starting point. If you have a GC or contractor, I would pay them their time to walk your property and give you an estimate. I hope this helps, and good luck.