All Forum Posts by: Gus Kazek

@Berish Edelman Welcome berish, cant wait to hear more about your first deal!!

@Nick Wilson Cleveland is a great market! Along with Cincinnati and Columbus

@Frank D'Andrea III 2-4 units are market dependent because they are considered residential houseing. Anything 5 units and a above is considered commercial and the value of that property us dictated by the net operating income.

@Douglas Carey Begin by trying to determine what level of involvement you want. I love movies, but don't have an interest in making one. How do you want to invest, passively, actively, etc? Beyond that, between biggerpockets and the library, you can inundate yourself with information. Try going to a local meet up and connect with investors who are doing what you are looking to get into.

@Rick Stevens Sounds very intresting, do you have any number on any prospective deals?

@Benjamin Williams Get a real estate license and learn from the ground up. Have some sort of credentials. It only take about 3 months to get your license if you play your cards right.

@Alexandra Fisher Cleveland Ohio!

I came across a duplex that I am going to put an offer on and the brokers notes are as follows. No sign. Tenant occupied, some notice needed. There are 2 washers and 2 dryers in basement, only one set stays with the house the other set is in the tenants. Roof has damage from the wind storm. Owner is taking care of it. Long time renters. Although rents could be much higher owner chose to not raise the rents because of the great tenants. There are no leases in place. Show downstairs first. Both units are the same. Any contracts subject to seeing 2nd floor unit welcome. Call lister before writing. Please make sure screen door off driveway is pushed closed so wind doesn't blow it open. Seller is selling "as is" and will not make any repairs. All inspections are for informational purposes only." What would you do if you acquired a house that had tenants but no lease?

@James DuBois Buy that house brother and house hack! You would be saving that $925 in rent each month and owning a piece of real estate while accruing equity.

@Gary Crawford That's amazing! Did you work with a realtor during this process? Or were you registered your self since you mentioned mls?