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All Forum Posts by: Zach Schaar

Zach Schaar has started 24 posts and replied 150 times.

Post: Beginning Stages of Owning Rentals

Zach SchaarPosted
  • Real Estate Investor
  • Columbus, OH
  • Posts 152
  • Votes 13

Thanks for the responses. @Matt Devincenzo , that is a great idea. It sounds like you've got plenty of options in the event something happens.

Thanks @Ali Boone and @Ciprian L. also for your suggestions and advice. It is much appreciated!

Post: Beginning Stages of Owning Rentals

Zach SchaarPosted
  • Real Estate Investor
  • Columbus, OH
  • Posts 152
  • Votes 13

I am planning on purchasing a rental property soon. I must ask, has anyone ever had a rental property in which things all of a sudden go wrong and you did not have the funds to fix properly while tenants were in place?

This may seem like an odd ball kind of question, but I ask for my own protection. I am reluctant to buy my rental at this point in time because after that, if something were to happen, I don't know that I would have the money to fix it.

Does anyone else have or have had these concerns? What's the best way to manage these thoughts and concerns? Good experiences? Bad Experiences? Let's hear em!

Post: Newbie from Cincinnati!

Zach SchaarPosted
  • Real Estate Investor
  • Columbus, OH
  • Posts 152
  • Votes 13

Welcome! I'm from Columbus myself. Not too far away. If you need anything don't hesitate to ask! Have fun :)

Post: Vinyl Siding and Window Companies in Columbus, OH

Zach SchaarPosted
  • Real Estate Investor
  • Columbus, OH
  • Posts 152
  • Votes 13

Hello!

I am in the beginning stages of finding a good company that is also key word "affordable" to do a siding job on my rehab. The companies I've dealt with thus far have either been extremely costly, or so low that I wonder if corners would be cut.

I'm really not that hard to please, but I am wondering if anyone has a good reference for this type of work.

Thank you!

Post: Vinyl Siding and Window Companies in Columbus, OH

Zach SchaarPosted
  • Real Estate Investor
  • Columbus, OH
  • Posts 152
  • Votes 13

Hello!

I am in the beginning stages of finding a good company that is also key word "affordable" to do a siding job on my rehab. The companies I've dealt with thus far have either been extremely costly, or so low that I wonder if corners would be cut.

I'm really not that hard to please, but I am wondering if anyone has a good reference for this type of work.

Thank you!

Post: New Member from New York Ciy (investing in Ohio)

Zach SchaarPosted
  • Real Estate Investor
  • Columbus, OH
  • Posts 152
  • Votes 13

Cheryl,

Welcome to BP. I'm sure you will learn a ton here. The users on here really know their stuff~!

Post: Heads Up Ohio Wholesalers! Potential NEW Legal Ramifications of Wholesaling

Zach SchaarPosted
  • Real Estate Investor
  • Columbus, OH
  • Posts 152
  • Votes 13

Interesting Post. Curious to see how things go.

Post: A&E Flip This House - Sam Leccima SCAM

Zach SchaarPosted
  • Real Estate Investor
  • Columbus, OH
  • Posts 152
  • Votes 13

Apparently, he's onto his next scam at www.marriedmillions.com

Post: A&E Flip This House - Sam Leccima SCAM

Zach SchaarPosted
  • Real Estate Investor
  • Columbus, OH
  • Posts 152
  • Votes 13

@Chris Martin - Never thought of all that! His reputation is likely ruined. I think this happens more than most people know.

Post: Types of Renovation Financing?

Zach SchaarPosted
  • Real Estate Investor
  • Columbus, OH
  • Posts 152
  • Votes 13

@Chad Clanton Kind of going along with what everyone else said. I researched some of the options as well and it seems the best option if your credit is decent is to pursue a bank loan. There is so much red tape with homepath renovation mortgages and 203k's and I really understand what you're saying.

Between banks and hard money lenders (which would not be my first option), that's all I'm seeming to find.

Good luck in your search.