All Forum Posts by: Jim Pintchuk

Hi Tereal

We are ion the home stretch finishing renovations.  We should be signing up with VAHUD within the next 30 -60 days.

@John Brennan we are just finishing renovations. Hopefully We will rent unfolded this program soon.

So sorry for your troubles. You never know what will bite you in the butt. Regardless of any claims I think you should have a structural engineer look at your existing floor. Most importantly he can design the repair correctly. Secondly he can assess the likelihood of your having poor structure to start with versus overloading by tenants.

I am in the process of a full gut rebuild after water damage. I have a lot of fragile joists, support beams, and related damage. Fortunately I bought it after the flood. Hopefully a good deal but lots of work ahead.

Best of Luck to you

@Tereal Wilsonn My son and I are working to finish our first rental, a duplex in Conneaut Ohio. My hope is to go VA HUD. We would get guaranteed rent checks from VA HUD and case workers to help the Veteran. I’m told they also cover damages which HUD does not. It looks like a great way to help a Vet and rent at the same time.

I have a bedroom problem. I recently purchased a duplex in Northeast Ohio and I’m getting it ready to rent. It’s a 1920 Victorian which was converted to an up down duplex. My downstairs originally had no bedrooms so of my three room(besides the Kitchen) I have two rooms to use as bedrooms. I have two problems. First to get to the former front room you have to go thru the former living room. They are large rooms with large egress windows. The only other access I could do for that room is add a bedroom door they the Foyer which is a common area. Neither option is great. I’m considering having both access doors (all beautiful 1920 pocket doors) versus sealing the Foyer door permanently closed as was the original plan. My second problem is the switch for the lights in the front room are in the common Foyer. I’m a licensed electrician and moving or replacing the switch for this room will be difficult. I’m going to look for an electronic remote switch for this. Not sure if my options or the cost for a remote to run the Fan Light in that room. I could add a new separate switch outlet which would meet code but is less than ideal. Sorry for the long post. This is my first rental. This site it a great resource. 😀🏠 Thanks.

I have a bedroom problem. I recently purchased a duplex in Northeast Ohio and I’m getting it ready to rent. It’s a 1920 Victorian which was converted to an up down duplex. My downstairs originally had no bedrooms so of my three room(besides the Kitchen) I have two rooms to use as bedrooms. I have two problems. First to get to the former front room you have to go thru the former living room. They are large rooms with large egress windows. The only other access I could do for that room is add a bedroom door they the Foyer which is a common area. Neither option is great. I’m considering having both access doors (all beautiful 1920 pocket doors) versus sealing the Foyer door permanently closed as was the original plan. My second problem is the switch for the lights in the front room are in the common Foyer. I’m a licensed electrician and moving or replacing the switch for this room will be difficult. I’m going to look for an electronic remote switch for this. Not sure if my options or the cost for a remote to run the Fan Light in that room. I could add a new separate switch outlet which would meet code but is less than ideal. Sorry for the long post. This is my first rental. This site it a great resource. 😀🏠 Thanks.

You should probably high an Industrial Hygenist for an assessment.

Welcome to BP. Where are you investing in the Cleveland area. I am investing Buy and Hold on the far East side.

I am in the process of buying a duplex in Ohio after an EPA mandated lead-based paint abatement is completed. I believe the previous owner didn't vet renters well. His six-year renter had piles of trash and so forth, paint chips in the windowsills were never cleaned. I suspect this is what led to her child testing positive for lead paint poisoning which led to the EPA mandated abatement. The EPA currently has grants of $8k per unit for the abatement available to the landlord even if the tenant leaves. I don't think these grants are going to be continuing much longer. The owner landlord is responsible for any costs beyond the grant. For this house the present owner will have to pay approx 5-8k in addition to the $16k grant money, depending on how the final contract quotes come back. At least in Ohio, once the EPA is involved you are not allowed to do any of this work yourself. It has to be done by an approved EPA contractor. My agreement with the seller is that I will buy the house from him when the abatement is finished and the house is certified lead safe. Any sliding surfaces such as windows and doors have to be lead safe. Windows will be replaced, doors can be removed and the rubbing edges made paint free then reinstalled. Just FYI varnish and lacquer can also contain lead. The testing was done with a handheld x-ray machine and will penetrate several millimeters of paint. Not all lead paint surfaces have to be remediate. Mostly sliding surfaces and anywhere paint is pealing. Virtually all of the soffits and trim that have peeling paint like the porch all have to be wrapped in vinyl or aluminum. For me this looks like a great deal I will get a house that is certified lead safe, all new windows and other updates paid for and sold to me for a great price. My seller has a long personal history with this house and just wants out. You do not want to be the landlord when the tenants child gets tested positive for lead poisoning. Thanks Good Luck with Lead Jim P

I am also interested in Buy and Hold investing in Geauga County. I like to network with like minded individuals. Multifamily is my preference but will also consider the right SFR. I bring to the table a good work ethic, I am a licensed Electrician and handyman. I have some to invest for the right deal.

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