All Forum Posts by: Lance Stokes

hey BP team - have a potential cash flow property in toledo i would appreaciate getting get thoughts on. 

address: Stickney Ave Toledo OH 43608

asking price: $18.5k

current rent: $500 (lease up in april 2022) 

expenses: $300~

not sure if property can get much more that $500 in the area for next resident and potential landmines on a property this inexpensive are bound to show up 

hey @Hugo Rodriguez i see the property in canton unfortunately did not work out - i know this was a while back but could you give some insight to that area and why you choose to look elsewhere?

hi BP fam - recently starting taking the steps to really get in the game of re investing i.e., creating a criteria, studying a market, making connections in market (realtors, lenders, etc) and I've determined I still need about six months of saving/paying off debt before we are really to purchase

in the meantime I do not want to just sit on my hands. is there anything i can do to provide value to any experienced investors (bird dog, etc)? would be helpful to know if they are things we can be doing that works towards getting our first rental property while saving money. 

@Drew Sygit thanks for the info - following for sure

@Kenny Hall thanks for the response - ill message you to work on a time to connect!

@Dell J. yes for sure, finding solid pm is a high priority 

@Mike Mocek thanks for the response here - Im going to hop in the forums to understand core 4 a little better

planning for a trip to the area early 2022!

@Kerry Noble Jr thanks for the response  - ill shoot over a message separately to chat all things Indianapolis 

@Nick Giulioni hey thanks for the response. Always great to speak with someone who has "been there done that" 
look out for a direct message from me to set up a time to discuss your experiences going from starting out to now a hundred doors - huge congrats on that by the way!!

@Joseph Cornwell thanks for the response and well wishes! I have not done a ton of research on Cincinnati so I will definitely take you up on the offer and message you separately to talk specifics about that market. thanks again