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All Forum Posts by: Jemma Jacques

Jemma Jacques has started 9 posts and replied 44 times.

Yes you can do it, with $100k you can get 4 SFR in the right town, I have some available for sale in Cleveland right now, one is going for $80k and rents out up to $1250 a month, get a mortgage on that it will cost you $20k (down payment) and about $500 a month mortgage so you can make a good $500 a month income, then do that 5 more times, thats what I did.

You just need to factor in cost of repairs, let me know if you want me to send you my current properties available, I have a nice cashflowing duplex in Cleveland too, cost $127k, cashflows $1800 a month, great tenants

Yep I am putting them on the market tomorrow.

I have 3 SFH in Cleveland heights a duplex and SFH in Old Brooklyn all cash flowing, two with new roofs :)

Quote from @Jemma Jacques:

I would like to warn other investors about Realty Trust property Management in Cleveland Ohio, I had such a bad experience and want to warn others.... they will talk a good deal upfront but as soon as you sign up it is one of the most awful experiences I have ever had, When you don't live in the city you own a property in you turn your trust over to others and with this team, boy what a HUGE Mistake.....I had tenants who were so unhappy, miss-communicated with, I had to do major damage control after, I've been charged for work that never took place and been totally taken advantage of, Please be warned.

If anyone knows of someone good in Cleveland please let me know, 

Thank you

 Yeh to be honest the whole experience has made me want to sell my properties... just incase anyone wants to buy something in Cleveland

Post: Cleveland property manager needed

Jemma JacquesPosted
  • Posts 46
  • Votes 29
Quote from @Michelle Moe:

Does anyone have any recommendations for a property manager in Cleveland that is out of state investor friendly?


 I would say do NOT go with Realty Trust, I just had an awful experince- if you find anyone good please let me know, I just got so burned, Im thinking of selling my properties because of it :(

@David Leggett I just had the worst experience in Cleveland and looking for a good property management company any recomnmedations pls?

I would like to warn other investors about Realty Trust property Management in Cleveland Ohio, I had such a bad experience and want to warn others.... they will talk a good deal upfront but as soon as you sign up it is one of the most awful experiences I have ever had, When you don't live in the city you own a property in you turn your trust over to others and with this team, boy what a HUGE Mistake.....I had tenants who were so unhappy, miss-communicated with, I had to do major damage control after, I've been charged for work that never took place and been totally taken advantage of, Please be warned.

If anyone knows of someone good in Cleveland please let me know, 

Thank you

Post: Note Investing Training

Jemma JacquesPosted
  • Posts 46
  • Votes 29
Quote from @Chris Seveney:

@Jemma Jacques

I’m interested in non performing notes, learning how to flip them 

What type of training? Performing, non performing, seller financed, origination, private lending?

I would say whoever you learn from, google them first to make sure they do not have a lengthy rap Sheet.


Post: Note Investing Training

Jemma JacquesPosted
  • Posts 46
  • Votes 29
Quote from @Robert Berth:

Thanks Rick, that's what 'm looking for. For people to recommend some of the classes or webinars


 Did you find anything? I want to start looking into training in this area too..... 

I had the absolute worst PM ever, so now I am managing on my own. Got so burned