All Forum Posts by: Frank Wolter

@Scott Nidell your the exact audience I was trying to reach. No one ever taught me that when I first started. But live and learn.

@Ian Walsh that's the respectable way.

@Jason DiClemente to me it's a gable. Like I said I like real estate because it's real. As in you can touch it.

@Mike M. The stocks to me are similar to a gambling

@Mike M. I couldn't agree with you more. I don't do stocks at all. I want something I can touch. Something real

@Dan Heuschele I've just been watching Cali for awhile. I actually have partners in Cali. They are actually selling their properties in Malibu to invest more in my system here in Cleveland. They have about 30 in Malibu an San Diego area. I also just had 4 other Cali investors fly in town to meet me. They just told me that returns are so low that are buying with a zero percent return and hoping for appreciation. Cali at one time I'm sure was a good investment. But right now the bubble has expanded so much alot of people are sitting back and waiting to see the housing market burst. I see flocks if Cali investors running here. But I respect your opinion.

@Joe Splitrock lol your the best

@Jay Hinrichs it's not a bad area. But there are pockets of areas to stay away from. Including suburban areas. In addition Cleveland likes to target out of town investors. Long story but I worked for the county and city for 20yrs. I know all the in and outs. Feel free to contact me if you ever need some insight into the area.

@John D Stagg I lived in a double home for 11yrs. The tenant paid the mortgage in Lakewood, Ohio. I finally bought a single last year. But I will tell you living mortgage free was the best move I made. I got so far ahead in obtaining other rentals. I sold that double last year and made a 60k profit in which I put down on a single home.

@Avee-Ashanti Shabazz learn to follow trends. If you cant make money or prices are to high usually that's a sign of a housing bubble. Don't get caught when it bursts.