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All Forum Posts by: Daniel Sheftman

Daniel Sheftman has started 3 posts and replied 6 times.

Post: Investing in Cleveland from out of state

Daniel SheftmanPosted
  • Irvine, CA
  • Posts 6
  • Votes 10

Thanks for your input guys. Mark, I just messaged you. Justin, have you purchased a property yet with Lori?

Post: Investing in Cleveland from out of state

Daniel SheftmanPosted
  • Irvine, CA
  • Posts 6
  • Votes 10

Hi everyone!

I have been following the Cleveland market for quite a while and now getting ready to take a trip to the area to take a look and hopefully close a deal. I am interested in C grade neighborhoods (SFR or multifamily). Seems I am late to the party for anything of better quality as returns are slim to none now. I am looking for a reputable RE agent that can accompany me, preferably someone experienced with out of state investors, and who has an "inspector" mindset. My experience so far is owning one property in a different market. Be glad to hear referrals, and if anyone has a good PM recommendation, welcome :)

Cheers! 

Post: Raleigh-Durham investing from out of state

Daniel SheftmanPosted
  • Irvine, CA
  • Posts 6
  • Votes 10

Thank you for your suggestions, Jody :)

Post: Raleigh-Durham investing from out of state

Daniel SheftmanPosted
  • Irvine, CA
  • Posts 6
  • Votes 10

@Caleb Heimsoth, thank you for your response. From your insight and the meetings you attended, would there be a particular area you would recommend looking into? Just for perspective, I plan to cap my first investment around 200k so the very affluent areas would obviously be out of reach. 

I would be very interested hearing your perspective about out of state investing. Could I ask how involved was your process of investing, how much did the RE agents help in all the process (finding properties, negotiating price, arranging inspection, paperwork, legal, etc) or was it mostly work you did on your own? And how much of your time does it consume now?

Cheers! 

Post: Raleigh-Durham investing from out of state

Daniel SheftmanPosted
  • Irvine, CA
  • Posts 6
  • Votes 10

Hello Raleigh BP members. I live in California and looking to invest in SFR properties out of state. Have been looking into Raleigh-Durham-triangle area. My goal is to start with one SFR/townhouse/condo in a decent area and go from there.

I would be glad to hear any tips from people who are local to the area or have invested there. Also if anyone can recommend local realtors, property managers who are good and trustworthy to oversee rehab and tenant selection and management, lawyers, etc. Looking to build my team. I plan to make a trip to the area in about a month during during the holiday period to take a look at properties, so would be glad to connect with people who know the market. Thanks everyone!

Post: SFR in Raleigh-Durham NC

Daniel SheftmanPosted
  • Irvine, CA
  • Posts 6
  • Votes 10

Hello! This is my first post on BP. I live in California and looking to invest in SFR properties out of state. Have been looking into Raleigh-Durham-triangle area. My goals are to invest in an area with a robust economy, appreciation potential and give at least some positive cash flow.

I would be glad to hear any tips from people who are local to the area or have invested there. Also if anyone can recommend local realtors, property managers who are good and trustworthy to oversee rehab and tenant selection and management, lawyers, etc. Looking to build my team. Thanks everyone!