All Forum Posts by: Dori Arazi

That's exactly the type of information I'm looking for. Job growth is a major determining factor for an area long term. 

Thanks @Kristopher Hanks

That's one of the things I'm trying to sort out. I'm seeing good opportunities across the board, which is not always a great sign. I'm banking on the Biotech growth, so the neighborhoods east of Cleveland seem like a natural target. Mostly the A and B neighborhoods.  I'm not looking to flip. 

I’m looking for more up-to-date information about the Cleveland market. Is anyone active in that location? 

Has anyone worked with Mashvisor before? Are their figures accurate? 

How reasonable is it to negotiate for a 10-15 year balloon in today's market?

Thanks everybody. 
@Russ Draper, I tried that route. They still wouldn't entertain such a small commercial loan. 

I'm having a hard time trying to find a bank/broker to finance an opportunity in Nashville. Its 3 separate duplexes being sold as 1 parcel.  Its technically 6 units even thought they are not connected, which makes it a commercial property, but the scale and structure pushes it to the residential side. Too small for commercial funding too large for residential. 

Any ideas on how to handle this? 

That confirms what I'm seeing. I rather not aim for the 2% at the risk of high vacancy or potential eviction fees. Not worth the long run bottom line. I'm currently aiming for 0.85%-1%. 

Caleb, can you expand a little on what you refer to as B and C class? 

Hi Everyone, 

I'm new to this forum, pleasure to join. I currently hold 2 properties in California and am looking in the South East and Mid West to expand the portfolio. 

Sorry for the relatively rookie question, but these days I'm having a hard time maintaining a 1% rule, not to mention 2. What kind of cash on cash returns would you consider a rational target? I am currently gravitating to the Nashville sub-county area.