All Forum Posts by: Michael Stange

@Cheryl Vargas

Do the numbers.

Only you can decide that.

Some are fine with $1 net.

Others $500 minimum.

You have to make the call for yourself and your investment direction.

Good luck!

@Jeff Melby

If it’s in a saleable condition you keep it.

Never sell it.

Cash out refi asap.

Where you live has no bearing on owning rental real estate.

@Anthony Middleton

The lease is the lease.

Non payment is clearly laid out.

Either you are running a business or a charity.

You decide.

@Mary M.

Non payment is non payment. Nothing discriminatory about the lease.

@Cristian Portillo

Under 4% currently but you don’t pay interest.

Your tenant does.

If the numbers work, the numbers work.

@Kyle Smith

Finding a good PM is one of the first steps if a new area.

The response from the PMs you reached out to and the responses on this post make it clear this is not an area you should invest in.

@Amanda Jacobellis

Google Stessa

@Matt Littlepage

Very few agents know anything about real estate investing.

Try something kind this.

46 properties available in OH.

https://www.roofstock.com/investment-property-marketplace