All Forum Posts by: Henry Wang

@Dedric Polite just sent you a message!

planning to visit cleveland end of june. would love to get recs on which banks to meet with! recs appreciated! preferably a bank that you've worked with and not just heard of :)

Hey looking for home insurances that cover properties with knob and wiring. Recs/referrals would be greatly appreciated!

For those of you who have successfully done cash out refi, which bank did you use and how did you make sure you got the best appraisal? Any insight/feedback would be greatly appreciated!

I have a spreadsheet outlining the major differences between the pms based on their property management agreements as well as out of state owner investor feedback for each. message me if you're interested in seeing it!

I have a spreadsheet outlining the major differences between the pms based on their property management agreements as well as out of state owner investor feedback for each. message me if you're interested in seeing it!

PLEASE REFRAIN FROM POSTING ON THIS THREAD IF YOU ARE NOT AN OUT OF STATE INVESTOR (this includes property managers, real estate investors and local flippers)

Hi all,

Starting an out of state investor thread here to see how everyone is doing on the HOLD part. I've talked to a number of out of state investors and the common theme is that there aren't that many good property managers in CLE and that they were cashflow negative with them.

Questions:

• How many properties and how long have you had them?
• How are you maintaining your property (ies)?
• Are you cashflow positive? (rent income covers expenses, mortgage, and more)

My experiences:

• How many properties and how long have you had them? 2 properties, 1 year
• How are you maintaining your property (ies)? Property management
• Are you cashflow positive? (rent income covers expenses, mortgage, and more) No.

If you're not comfortable sharing this info on the forum, feel free to DM me and we can chat. 

Cheers,

Henry

Hi all,

I'm visiting ATL this weekend for the first time and plan to explore the area on Sat, March 3. Anyone have recommendations for solid real estate agents? Prefer someone who has experience working with out-of-state investors and ties to good property management.

Currently own 2 duplexes in CLE and am looking at potentially purchasing another property: 

• SFH or duplex in a A or B neighborhood
• Positive cashflow a must/appreciation nice to have
• Average to turnkey condition (no significant rehab)
• 50-125k purchase price

Thanks!

Hi all,

Anyone have recs on good property managers/groups for out-of-state investors? 

Looking for a reliable pm who is communicative, honest and transparent. Bonus points for simple easy to understand monthly statements.

Currently own 2 duplexes in Parma/Lakewood. Will be visiting Cleveland April 20-24.

Thanks.