Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Kerlous Tadres

Kerlous Tadres has started 1 posts and replied 193 times.

Post: Investing out of state - Pre approval process...

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

Hi,

When considering investing out of state, is it best practice to find a local lender in the market I want to invest in? Alternatively, can I get pre-approved online or with my bank and go from there before shopping between lenders? 

Thanks! 


I would recommend finding a lender in the area you invest in. They would have more connections with appraisers and realtors than the lenders you find outside of the state you invest in. Let me know if you need any referrals, I know a decent amount of lenders

Post: New Investor Looking in the Dayton, Ohio Area

Kerlous Tadres
Pro Member
Posted
  • Realtor
  • Columbus, OH
  • Posts 197
  • Votes 307
Quote from @Kenneth P Ford:

Hello,

I am a new Investor, possibly looking for purchase opportunities in Dayton, OH. Is anyone on here familiar with this market?

I am considering expanding my search to the greater Dayton area, greater Columbus area, and the Corridor in between. Ideally I would like something in between Jeffersonville, OH and New Albany, OH. If anyone is familiar with these areas as well, I would be interested in talking.


Hey Kenneth, 

Awesome, that you are expanding your search. You can find pretty decent deals with cash flow and appreciation when looking in those areas. I would be more than happy to refer you your CORE 4 out here which includes a great realtor, contractor, property manager, and attorney

Post: Looking for partner

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

Based out of Westchester New York, I am looking to start purchasing small to mid size multi family units out of state.

States of interest NC SC OH AR NV AZ Open to others but basically any state with strong job growth demand.

My strengths

-very detailed oriented 

-experience with real estate

-potential big funders after a few deals 

-will fly to do DD on properties.

-open communicator and team player

-military veteran, high salary w2 

I figured it was a long shot posting here but I am looking for someone who what's to partner and start purchasing.

Partnership terms can be negotiated depending on participation level and capital amount.

Have at least 100k to start, ideally we would purchase 1 or 2 a year and see how we work together and go from There. Post here or pm me if interested.


Hey Tom,

I own 4 doors here in Columbus, Ohio and I would be open to partnering with you. I have done a couple of BRRRR's and looking to do more

Post: Investing remotely in Cleveland/Akron

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

Hi guys, I'm new but I do a lot of research. I have put in over 100h and feel confident I know what I'm doing from a functional standpoint. I don't have a team and need to build one. Before I start calling everyone in the metro area and interviewing them I figured I would come to you fine folks for recommendations or advice.

I need a good PM, contractor, handyman, and an agent. I'm unlikely to sell anything and plan to either fix and hold or buy turnkey. I am also not super flush with cash and won't be doing a ton of deals right away, so I might not be worth the time of a big player. I am perfectly happy working with a PM or Agent who can handle everything for me from start to finish, but am skeptical and want references. I understand these services cost money and have no problem paying people for their work. Everyone's gotta eat.

I want someone who is going to hold the handyman/contractors accountable and validate that they are completing work on time and up to standard. Videos and photos of the work as it's being done are a big help. I need people who understand my perspective and will not fight me on holding them or others accountable. Trust is earned, as the relationship grows I will be less nosy, but early on I might be annoying and someone who understands that and will put up with it is a must. I am not unreasonable, just afraid of losing money halfway across the country trusting people I don't know.

If anyone has any recommendations in the area I'm all ears. If anyone has any alternative suggestions for me or words of wisdom I'm always open to learning more.

Thank you all for reading!


Hey John!

It's great that you want to start investing in the Cleveland area. I have many connections over there and would be happy to refer you to some great contractors and property managers.

Post: Need Advice: BRRR Strategy for 1st Time Buyer

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

Hi Everyone,

I've been saving up and now have over $150k in liquid funds. I'm looking to get into the BRRR (Buy, Rehab, Rent, Refinance, Repeat) strategy but want to build a strong team and could use some guidance. Any tips or advice would be greatly appreciated!


Hey William, 

I would say the best thing you can do is to build your CORE 4 such as getting a great realtor,  contractor, property manager, and attorney. A great realtor will help you get connected with the rest of your CORE 4 the most

Post: Monmouth County NJ

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

New investor here. 26 with about 100k of cash to either put down to a single or multifamily house. 

From PA, my biggest challenge is using the 1% in these areas of Monmouth county. All home prices are extremely high. 

Would love to be able to secure a multifamily and live on one side. Want to make sure it’s possible from my end. Any recommendations on what approach to take when looking at these homes? And should I follow the 1% rule to see if homes are even worth it( only because house prices are very high)

Hey Nicholas, 

I would say the 1% is great, but at the same time, you also want to find a decent deal in a good area. You will get more appreciation and eventually, you'll have decent cash-flow. Buying a duplex-quadplex is going to be your best in terms of cash-flow though. I would really take advantage of the owner-occupant loan though and build your portfolio from there

Post: Out of State Investor - Looking for a team

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

Hi there! Im an out of state investor looking for some cash-flowing properties, mostly duplex-quads. Would love to connect with some agents in the area, specifically ones who work with OOS investors and send deal flows. Recommendations also appreciated! 


Hey Jesse,

You are looking in the right direction when it comes to cash flow and the right deals. I would be more than happy to help you look in which areas you should invest in. I worked out there for a couple months, so I know the area over there pretty well

Post: Hello from San Diego

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

Hello everyone, been watching Bigger Pockets for a little while now and decided it's time to begin getting to know the community. I'm a new investor in the San Diego area, currently purchasing my first property, a 2BD 2BA condo. This is an exciting start of life-long journey I'm pursuing in real estate. Although I'm getting my start in San Diego, I'm currently doing research out-of-state markets that have better cash-flow potential than my local area. I will be making another purchase by June of next year, so there is plenty of time to find my perfect market. 

I'm here to grow, learn, and connect with you all, especially if you are in the San Diego area, please feel free to contact me anytime. I hope to build lasting friendships, and potentially partnerships with you!


Hey Jay! 

Congrats on purchasing your first property! I currently have 4 doors here in Columbus, Ohio and I'm looking to add some more rentals to my portfolio. I love the potential of Columbus with multiple big tech companies coming here such as Intel, Microsoft, and Google. You can get decent cash-flow with pretty decent appreciation. Let me know if you need any recommendations or how I can help you build your CORE 4 with a strong realtor, contractor, property manager, and attorney. 


 Thank you for the response Kerlous, I appreciate your feedback! It's interesting you happened to message because I'm from the Toledo area and I have recently been putting more thought into considering Columbus, but I still need to put in more research on the market. Are you looking to expand your portfolio in Columbus or elsewhere?


Looking to focus on Columbus right now! If the right opportunities come up in other cities, I will not say no to them. 

Post: Is it possible to house hack with you partner?

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

Hey all, is it possible to use the house hacking strategy when buying a single family house with a significant other? 

Hey Tomas,
Yes, you can house-hack with a significant other in a single family home. You would just be looking for properties that have ADU's or a property where you can build an ADU. The best way to house hack in my opinion though is to buy a duplex and grow your portfolio from there

Post: Hello from San Diego

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

Hello everyone, been watching Bigger Pockets for a little while now and decided it's time to begin getting to know the community. I'm a new investor in the San Diego area, currently purchasing my first property, a 2BD 2BA condo. This is an exciting start of life-long journey I'm pursuing in real estate. Although I'm getting my start in San Diego, I'm currently doing research out-of-state markets that have better cash-flow potential than my local area. I will be making another purchase by June of next year, so there is plenty of time to find my perfect market. 

I'm here to grow, learn, and connect with you all, especially if you are in the San Diego area, please feel free to contact me anytime. I hope to build lasting friendships, and potentially partnerships with you!


Hey Jay! 

Congrats on purchasing your first property! I currently have 4 doors here in Columbus, Ohio and I'm looking to add some more rentals to my portfolio. I love the potential of Columbus with multiple big tech companies coming here such as Intel, Microsoft, and Google. You can get decent cash-flow with pretty decent appreciation. Let me know if you need any recommendations or how I can help you build your CORE 4 with a strong realtor, contractor, property manager, and attorney.