All Forum Posts by: Gretchen Williams

thank you for your imput, I also thought it strange that neither party has asked to see the property in person

I have a duplex in Columbus , OH. One side is traditional rental and the other side I have furnished and have been renting as STR. I advertise on Furnished Finder, Zillow etc. Recently I have had 2 different people kinda proposing the same thing: they want to sign a year lease with me not to live there but to then in turn rent it out short term to others. Since I have been semi successful with this approach I can see it working. However neither person is local , they both have filled out applications and seem to check out , but both have "Not for Real ID" IDs which seems like a red flag to me. My friend recently told me of this scenario where the person I lease to would perhaps then double book individuals and keep deposits.

Was just curious if anyone else has been approached in this manor, and if I am just overthinking this.

thank you!

I sold a 12 unit apartment building in November 2020.  The deal was finalized and all money dispersed.  A month ago the title company let me know that the property tax proration was wrong on the closing documents and I owe over $9000.  I am trying to figure out if I am responsible for this , or is this something that Title Insurance can cover.

thank you!

I am looking for multi familiy, 1 to 2 million dollar range, hopefully at least 25 units.  B-, C+ area...  thank you!

Robert I am looking for something between 1 and 2 million.  It can be in Columbus, but Columbus is getting expensive!  If you know of something please let me know.

thank you!

Thank you Remington!

I'm guessing I wouldnt be spending as much time as I do now if I hire a PM.  I do work full time 

as well.  Natalie, do you have any Tax Collegues in the Columbus, OH area that focus on Real Estate?

I am selling a self managed building currently.  I am looking to do a 1031 exchange for next project and go bigger.  Ideally I would like to find something big enough to warrant using a PM.  I have always used the Real Estate Professional option when filing my taxes.  Will I loose this option if I hire a PM?

Is this group still meeting?  would like to attend an event.

thank you,

Gretchen

I would like to piggy back onto the Ohio thread.  I am in Columbus, an hour away from Dayton, and will be closing on my first apt building soon, would like to keep growing, but am looking for more local support groups.  Any one out there interested?