All Forum Posts by: Patrick Henshaw

So sorry I missed this! 

Just to clarify - Hyde Park and Oakley (depending on location) are not B/C class - if you are looking for B/C class best place to look are the other area's and potentially even the West Side of Cincinnati. Hyde Park and Oakley are premium areas at this stage. 

Following this thread as well - I live in Covington and looking to find more partners and deals!

Cheers

just now seeing this Aaron - would love to know how it went!

John - shoot me a note. Would be great to connect and look deeper into the rent roll over the last year or so since you've/1533 greenup LLC has owned it and what has taken place in the way of rehab. Thanks for your time, Patrick

Yea Mark you should be good - and if you are looking for a co-investor please let me know! If the deal/partnership makes sense happy to work on the loan together. The Cincinnati area is a great place to invest!

Hi Noah - Houston Native here (we have a ranch near you in Austin) living in Cincinnati getting into the Real Estate Market while we are here in Cincinnati. Happy to chat more over the phone on deals you are looking at and if you need any additional capital happy to join in on a deal. Lots of details on neighborhoods (many nuances) shoot me a direct message and we can chat more or find me on LinkedIn - leadersoutfront.com 

Chat soon,

Patrick 

Thanks Deanna and Colleen - a couple answers to help fill out this dilemma. It is a 2.5 ton central air unit that has been overcharged (from the tech he said likely it was overcharged with too much freon so it would never freeze because it constantly runs in the summer months) . 

Appreciate the insight! 

Hi Team - small caveat : This is not actually about a rental property I own rather I am a tenant ( and on BP looking to get into real estate investing for myself and be the Landlord I would want to do business with:) 

Short and long the rental I am in does not cool adequately (3 floor older home with "over charged" AC system). We live in Northern Kentucky and for the last 10 days the AC has been running non-stop (24 hours per day - we have a NEST that tracks actual data) with an AVERAGE household temperature of 78 (the AC actually doesn't cool down to the anticipated 72 degrees). 

I pay energy costs and am wondering if I am within my rights as a renter 1)  take a portion of the energy costs out of my rent since a certified AC repair technician said the current AC system is not adequately cooling the house and 2) purchase an auxiliary AC unit (of reasonable cost ~$300, less than 1/4 of my rent)  and take that out of the monthly rent? 

One of the couple Kentucky landlord/rental statues I found to support my case is - KRS 383.590 http://krec.ky.gov/legal/Documents/Kentucky%20Land...

Any help or guidance or even a YOU ARE COMPLETELY WRONG YOU SHOULD PAY FOR EVERYTHING is welcomed!

Cheers,

Patrick 

Does anyone have a good buyer friendly contract they like? 

Additional Background: My buddy and I found a commercial property for sale in Cincinnati, Ohio and a multi-family that we would like to put in a contract offer on contingent upon the first property's ability to be re-zoned to residential (this is mainly for mortgage purposes) Both are 3 unit multi-family which needs a little work and we would like to use either a VA Loan and/or a 203k to purchase it depending on what we can work the price down to.

I tried to poke around in the forums to find any sort of docs like this but couldn't find any. We are not using an agent (or should we?) and would appreciate all thoughts / contracts that you might have? 

Thanks much!

-Patrick