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All Forum Posts by: Micah Uveges

Micah Uveges has started 10 posts and replied 20 times.

Post: Property Management Rates for MTR's

Micah UvegesPosted
  • New to Real Estate
  • Cleveland, OH
  • Posts 21
  • Votes 15

Thanks @Bonnie Low! I appreciate the advice. Do you have a lot of MTR's yourself?

Post: Property Management Rates for MTR's

Micah UvegesPosted
  • New to Real Estate
  • Cleveland, OH
  • Posts 21
  • Votes 15

Hi Bob, the idea would be to rent for 60-90 days and not MTM. It might be more work, but the COC return would be a lot higher.

Post: Property Management Rates for MTR's

Micah UvegesPosted
  • New to Real Estate
  • Cleveland, OH
  • Posts 21
  • Votes 15

Can anyone tell me what the typical rates are for PM's that manage MTR's? I heard it could be as high as 25%!

Post: Best Management Software for Self-Managers

Micah UvegesPosted
  • New to Real Estate
  • Cleveland, OH
  • Posts 21
  • Votes 15

Thank you for the great replies!

Post: Best Management Software for Self-Managers

Micah UvegesPosted
  • New to Real Estate
  • Cleveland, OH
  • Posts 21
  • Votes 15

Good afternoon! Any recommendations on the best software/apps to use to help manage properties? 

Post: How to Structure a Partnership

Micah UvegesPosted
  • New to Real Estate
  • Cleveland, OH
  • Posts 21
  • Votes 15

I'm about to acquire my first property and am going to split it 50-50 with a partner. Does anyone have an example or a general template for a partnership agreement? Thanks in advance!

Post: Business Credit Cards

Micah UvegesPosted
  • New to Real Estate
  • Cleveland, OH
  • Posts 21
  • Votes 15

Is it a good idea to have a solid business credit card? I don't have any consumer debt and got rid of all my credit cards a few years ago when I was going all-in for debt payoff. But now that I'm approaching purchasing my first property, I was wondering if this is something people recommend. Thanks!

Post: Are you looking to invest in Cleveland Ohio? Any questions?

Micah UvegesPosted
  • New to Real Estate
  • Cleveland, OH
  • Posts 21
  • Votes 15

I've heard that the Hough neighborhood is an area that could be seeing a lot of development and be a prime place for investing in the near future as places like Ohio City, Tremont, and Lakewood are pretty maxed out. What are your thoughts on that? I'm a newer investor and am local to the area.

Post: New Member in Cleveland, OH looking to Network

Micah UvegesPosted
  • New to Real Estate
  • Cleveland, OH
  • Posts 21
  • Votes 15
Quote from @Walker Blue Miller:

Hi Micah!

I host free real estate networking events in the Cleveland and Columbus area a couple of times a month that yield anywhere between 20-50 attendees on average. We have one coming up on April 7th at Brewdog. 

Here's the event page and RSVP.

Thanks, Walker! I'll check it out and see if I can make it.

Post: New Member in Cleveland, OH looking to Network

Micah UvegesPosted
  • New to Real Estate
  • Cleveland, OH
  • Posts 21
  • Votes 15

Good morning Bigger Pockets community,

I am brand new to BP and I am looking to start investing in real estate in the Cleveland, OH area. I'm excited to be a part of this group, and if anyone has recommendations on local clubs or associations in Ohio that I can join I would greatly appreciate it!

Thank you,

Micah