All Forum Posts by: Jack Krusinski

It depends on where your work is at. But with $140,000 budget, the 44109 zip code is something to look at. Euclid is another good area but if your work is on the west side that maybe too far. 

I have been investing in the Cleveland market, which has been great for us from both a cash flow and appreciation standpoint. It can be a tricky market to navigate, with different cities having different point-of-sale requirements, and Cleveland has lead-based paint requirements for rental properties. I would recommend contacting an agent and other investors in the area! 

Michelle, if you text or email me, I can send a few great recommendations!

Hi William, 

Send me a DM or text me at 216-789-6736. I can connect you with a few local general contractors. 

I would start by first defining what your investment goals are. Maximum cash flow? Maximum appreciation? Hybrid of both? Etc. That will help you narrow down to a few markets. Then look into local tenant landlord laws and choose a market that is landlord friendly.  After you have a few markets in mind, I would recommend having conversation with agents and property managers to get their thoughts on their markets. There is no better way to get a better feel for a market then talking with people who are out in the field. Find an agent who is an investor to as they can talk about the overall market and investments in that area. I hope this helps!

 Thank you so much! I will look into it.

Hi Ricardo yes theses are round numbers. Bought for 99K, put about 10K into it and sold for 135K. Total hold time was 52 days. 

I am a Real Estate agent & Investor in the Cleveland area and looking to potentially hire a virtual assistant to help with transaction coordination and a variety of other tasks. Does anyone know of a good real estate virtual assistant or a good real estate virtual assistant company? 

Investment Info:

Condo fix & flip investment.

Great quick Fix and Flip! In and out in 52 days. Check us out on Instagram for all of the before and after photos @21HillTeam.

What made you interested in investing in this type of deal?

It was a quick flip.

How did you find this deal and how did you negotiate it?

MLS offered all cash and quick close.

How did you finance this deal?

Personal cash

How did you add value to the deal?

Updating flooring, fixtures, paint, countertops and cabinets.

What was the outcome?

Made a good profit!

Lessons learned? Challenges?

Being in and out of flips fast is the key to this changing market!

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Yes, used myself as the Relator on the buy side and sell side.

Hi Michael,

If you are planning on investing in the Cleveland area I'm happy to help build out your team. With $120,000 finding a good multi-family property that cash flows shouldn’t be too big of an issue. But finding a deal that is in the right neighbor so your tenant turnover is not too high will be critical.