All Forum Posts by: Gladimir Lobo

Welcome to BP!

Hey, you should look up Great Lakes REIA.

Congrats!

We have over 20 years of experience with Section 8. We've seen the good, the bad and without a doubt the ugly of section 8. Click HERE to connect.

You mentioned putting 25% down in your first post. 25% of $187K equals $46,700, plus you need to account for closing costs. If all you've got is $50K, then you’re playing close! Of course, with lower down payment you could play ball.

Overthinking can be a real brain freeze, and I’m not exactly qualified to speak on the topic.

Switching gears, we just assisted a Californian investor in landing a CA$H COW. A fully occupied Section 8 duplex for $187K that rakes in a whopping $38k yearly. This gem is had vinyl windows, some refreshed baths and kitchens, a newer roof, sleek vinyl siding, and brand-new furnaces and hot water heaters installed in 2023. Now, if $50k is all you've got, I suggest you build up at least six months of reserves before diving into a deal like this. We're currently scoping out a similar duplex in Cleveland Heights and another on Cleveland's west side. For more insights on investing in such properties in Cleveland, click HERE to reach out.

Look no further.  Click HERE to connect with an investor-agent.

Hey, you should look up Great Lakes REIA.

Hey, $100k+ is a good starting point for SFH in the CLE market.

It’s SIMPLE but it is not EASY. To make matters worse, most folks haven’t got a clue about what makes a good deal!