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All Forum Posts by: Kerlous Tadres

Kerlous Tadres has started 1 posts and replied 193 times.

Post: First time investor looking to chat!

Kerlous Tadres
Pro Member
Posted
  • Realtor
  • Columbus, OH
  • Posts 197
  • Votes 307
Quote from @Anna Ramashkevich:

Hey BP Community,

Excited to be here! I’m a first time investor and eager to just connect and hear about how you got started.

Background: full time remote employee in the advertising industry. Working for DraftKings. I’m based in CA, but lived in Boston for many year! 

Goal: I’d like to buy my first rental income property in the next year. Open to anywhere in the United States. Have some markets in mind but would like to hear your thoughts. 

If you’re a female investor, let’s chat! 

Cheers, 


Hey Anna, 

Congrats for you on wanting to start your investing journey and get some doors. I would do your research on what market you want to invest in and build your CORE 4 from there. Let me know how I can help

Post: New Investor Seeking Guidance on Out-of-State Properties

Kerlous Tadres
Pro Member
Posted
  • Realtor
  • Columbus, OH
  • Posts 197
  • Votes 307
Quote from @Harish Pasupuleti:
Quote from @Kerlous Tadres:
Quote from @Harish Pasupuleti:

Hi everyone,

I'm Harish and I'm based out of Seattle and I'm new to real estate investing and am particularly interested in exploring turnkey properties preferably multifamily, especially out-of-state opportunities. I’m looking for advice and insights from more experienced investors who have experience with turnkey providers or purchasing remotely. Specifically, I’d appreciate recommendations on how to identify trustworthy turnkey properties, vet providers, and avoid potential pitfalls.

Any tips, resources, or suggestions would be greatly appreciated!

Thank you in advance for your help!


Hey Harish,

Congrats on getting started on your investing journey out of state! First thing I would do is to do your research on what type of market you want to be in. Some cities are going to be better for cash-flow and others will be great for appreciation and cash-flow. After you find what city/state you want to invest in I would do build your Core 4. Core 4 consists of having a great realtor, contractor, property manager, and attorney.  Finding a great realtor in whatever city you invest will help you get connected to everyone else. Let me know if there is anyway I can help!


 Hi Kerlous,

Thank you so much for reaching out. During my initial market research Columbus,Ohio and Cincinnati,Ohio came up as potential markets to invest in. From your profile I see that you are based out of Columbus. Can you throw some light on the market there when it comes to cash flow and appreciation. I can setup a call if you want to discuss in detail. Thank you.


Yeah, sure can! Columbus has given me some decent cash-flow but I'm more in it for the appreciation. Let's hop on a call sometime this week 

Post: Looking to connect with like minded investors

Kerlous Tadres
Pro Member
Posted
  • Realtor
  • Columbus, OH
  • Posts 197
  • Votes 307
Quote from @Dallas Adam Lee Kiger:

Hi everyone.  My name is Adam Kiger . I am a new investor in Central Ohio with 3 doors under my belt . I am looking to connect with like minded individuals who can help me with deal flow and adding more doors to my portfolio . I am open to fix and flips , buy and holds and BRRRRS

CANT WAIT TO MEET EVERYONE 


Hey Dallas! 

I own 4 doors here in Columbus, Ohio and both of those were BRRRR's. Also looking to add more myself. Would love to meet or see what we could do together

Post: Leverage VA rate by Seller Finance

Kerlous Tadres
Pro Member
Posted
  • Realtor
  • Columbus, OH
  • Posts 197
  • Votes 307
Quote from @Cameron Amick:

We're planning on selling our condo in Los Angeles and moving out of state to a cheaper area. Spoke with a broker friend and he suggested I leverage my VA rate of 2.375% by offering seller financing or rent to own. It seems like we could get a down payment for a new, cheaper property and some passive income while also saving the buyer money.

We’d get an airtight contract of course but am wondering of there are any pitfalls we’re not thinking through. Especially here in Los Angeles / California.

Thoughts?


I do not think that's a bad idea at all. I would get a really good real estate attorney to form up the contract up if you want to get seller-finance going for your place. I do not think there are any pitfalls in this situation

Post: New Investor Seeking Guidance on Out-of-State Properties

Kerlous Tadres
Pro Member
Posted
  • Realtor
  • Columbus, OH
  • Posts 197
  • Votes 307
Quote from @Harish Pasupuleti:

Hi everyone,

I'm Harish and I'm based out of Seattle and I'm new to real estate investing and am particularly interested in exploring turnkey properties preferably multifamily, especially out-of-state opportunities. I’m looking for advice and insights from more experienced investors who have experience with turnkey providers or purchasing remotely. Specifically, I’d appreciate recommendations on how to identify trustworthy turnkey properties, vet providers, and avoid potential pitfalls.

Any tips, resources, or suggestions would be greatly appreciated!

Thank you in advance for your help!


Hey Harish,

Congrats on getting started on your investing journey out of state! First thing I would do is to do your research on what type of market you want to be in. Some cities are going to be better for cash-flow and others will be great for appreciation and cash-flow. After you find what city/state you want to invest in I would do build your Core 4. Core 4 consists of having a great realtor, contractor, property manager, and attorney.  Finding a great realtor in whatever city you invest will help you get connected to everyone else. Let me know if there is anyway I can help!

Post: New investor looking to connect in Southern Virginia

Kerlous Tadres
Pro Member
Posted
  • Realtor
  • Columbus, OH
  • Posts 197
  • Votes 307
Quote from @Scott Simmons:

Hello Community, as you might see I'm not to new of member in Biggerpokets, but I continue learning everyday about investing in real state.

If you want to connect, I´m in southern Virginia around the Hampton Roads area send me a message and lets connect!!! It will be nice to connect with other Newbie investors in the area and exchange plans and ideas.


 Welcome to BP!

Post: SFH without a garage

Kerlous Tadres
Pro Member
Posted
  • Realtor
  • Columbus, OH
  • Posts 197
  • Votes 307
Quote from @Muhammad Rehan:

Is it worth taking a chance on a house that is good looking, at a nice location etc. But it doesnt have a garage? That too in midwest side where winters can be harsh? Or should we stay away from such properties?


It's all about what you are looking for. Is it going to cash flow and does it have the appreciation opportunity to rise in value pretty well? I would contact a realtor in that area to get a deeper scoop on this. 

Post: Thinking about getting into real estate with partners and am unsure how to pay them!

Kerlous Tadres
Pro Member
Posted
  • Realtor
  • Columbus, OH
  • Posts 197
  • Votes 307
Quote from @Paolo G.:

Hi all. This is my first post on BP. I am a 35-year-old physician living out of state with plans to return home within 2 years. To that end I am raising capital to start BRRRR type investing in multifamily homes. Some friends and family are interested in buying in to the right deal, but I don't understand how they get paid (wrong specialty I guess). Is there a more advantageous way than others? For example, if a partner and I split the acquisition/rehab costs, do we each get a 50% stake in the equity of the property? Do we each also split 50% of an "owner draw" on rent profits? Based on what I have read and watched, it does not seem like you can quit your day job with 1 property, as most of your capital is tied up in it. I just want to make sure that I have my head on straight when thinking about how people get "paid" in this business. Thanks for reading this far if you did!


Hey Paolo, 

I would say before partnering with anyone, I would figure out the person's strengths and weaknesses' before doing anything. Essentially if you are doing more work in the deal then they should be putting more down cash-wise than what you are putting down. Let me know if there is anyway I can help

Post: New Investor recommendation

Kerlous Tadres
Pro Member
Posted
  • Realtor
  • Columbus, OH
  • Posts 197
  • Votes 307
Quote from @Keith Elsey:

Hey my name is Keith I'm a truck driver who can save about 40k a year. I own a house free am clear that needs a lot of work (80k). I'm looking to start my real estate journey by house hacking a duplex and living there with my family while I renovate my primary residence. The ARV will be around 200,000. I prefer to tap into the equity using a HELOC I'm just unsure about the best way to grow and scale from there. Any recommendations?


Hey Keith!

I myself used to work at JB Hunt as a transportation manager. I just bought my first house hack and looking to continue to add more duplexes with taking a HELOC and doing BRRRR's. I would love to help you and see what I can do. What area are you living in right now?

Post: Looking for Good PM Companies In Ohio.

Kerlous Tadres
Pro Member
Posted
  • Realtor
  • Columbus, OH
  • Posts 197
  • Votes 307
Quote from @Justin Munk:

I am not happy with my current PM company. High evictions rates and not collecting rent are getting old. Ive been interviewing other companies and was hoping others could share their experiences with good PM companies. 


 I have some referrals I can send to you!