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All Forum Posts by: Wayne B.

Wayne B. has started 5 posts and replied 18 times.

Post: What Should I Ask General Contractors Before Hiring to Rehab My Investment Property?

Wayne B.
Posted
  • New to Real Estate
  • Posts 19
  • Votes 33

Hi Kerlous, that's a good idea. I'll make sure to do that. Thank you!

Post: What Should I Ask General Contractors Before Hiring to Rehab My Investment Property?

Wayne B.
Posted
  • New to Real Estate
  • Posts 19
  • Votes 33

Hey Ben, I really appreciate your tips. I'm out-of-state from where the property is. For the actual condition, I'll be relying on feedback from my agent when he performs a walkthrough and video. I see what you mean about how personal image online can be deceiving both ways. I loved your idea about getting referrals from the locations the contractors pick up their supplies. As you suggested, I'll step up my game vetting remotely and making those connections ahead of time, as I won't be on the ground for the rehabs. Again, thanks a lot. Great stuff!

Post: Seeking A Great General Contractor in Columbus, OH – Any Ideas?

Wayne B.
Posted
  • New to Real Estate
  • Posts 19
  • Votes 33

Hey Jimmy,

Thanks for your tips about Facebook groups, permits, Knob & Tube wiring, and foundations. I'll follow-up directly with you. Thanks for leaving your contact info. Talk with you soon. 

Post: Seeking A Great General Contractor in Columbus, OH – Any Ideas?

Wayne B.
Posted
  • New to Real Estate
  • Posts 19
  • Votes 33

Hi Everyone!

I'm an out-of-state investor about to close on my first investment property. It’s a 2,184 sq ft duplex built in 1925, located in a C grade neighborhood of Columbus, Ohio. I'm budgeting around $30K to $50K for the rehab.

If anyone knows a couple of great licensed General Contractors in Columbus, I’d love to hear about them. Preferably GCs with solid experience rehabbing older homes and working with out-of-state owners.

I’d be grateful for any names or contact info you can share.

Thanks for your help!

Wayne B.

Post: What Should I Ask General Contractors Before Hiring to Rehab My Investment Property?

Wayne B.
Posted
  • New to Real Estate
  • Posts 19
  • Votes 33

Hi everyone,

If the seller accepts my offer, I’ll soon be under contract on my first investment property, a 2,184 sq ft duplex in Columbus, Ohio, built in 1925 and located in a C-class neighborhood. Based on photos and other info, I’m estimating the rehab will cost between $30K and $50K.

My agent gave me a list of 35 general contractors but said I’ll need to vet them myself, as he’s not familiar with their work. I’m investing from out of state, so I’ll be calling a few to ask about their experience, process, pricing, and availability.

I already have a property manager lined up, but he’s not comfortable sharing his contractor network until I’ve closed on the property and officially signed with his company. That aside, I’ve been impressed with his responsiveness and overall professionalism.

For those of you with experience hiring GCs from a distance, especially for older homes in working-class neighborhoods, what questions do you recommend asking? Any red flags I should watch for?

Thanks in advance for your help.

Wayne B.

Post: Seeking Investor-Friendly Realtor in Columbus, OH

Wayne B.
Posted
  • New to Real Estate
  • Posts 19
  • Votes 33

Hi Everyone!

Can anyone recommend an investor-friendly real estate agent in Columbus, Ohio? I'm an out-of-state, rookie investor wanting to BRRRR 2–4-unit multifamily rental properties.

I’m looking for an experienced, full-time realtor who is also an active investor and is excited about working with new buyers to build wealth together.

Thanks in advance!

Post: Most Up-to-Date Graded Map of Cleveland!

Wayne B.
Posted
  • New to Real Estate
  • Posts 19
  • Votes 33

any recent refreshes on this?

Post: New Member - Michael Torku

Wayne B.
Posted
  • New to Real Estate
  • Posts 19
  • Votes 33
Quote from @Samuel Diouf:

Welcome to BP Michael!

Are there any markets you have selected yet? 


 No hard selections yet, but would love to discuss some of the ones I'm considering

Post: New Member - Michael Torku

Wayne B.
Posted
  • New to Real Estate
  • Posts 19
  • Votes 33
Quote from @Travis Biziorek:

Hey Michael, welcome!

I'm also from CA but down on the Central Coast, although I spent a good 10+ years in SF proper, Walnut Creek, etc.

I primarily invest in Detroit and have been since 2019 (12-doors there now). There's a ton happening in the city and folks are finally starting to catch on. 

I'm also building an ADU here at our primary that we'll operate as a STR.

Happy to connect about either topic and share some advice/resources.


 Wow! sending you a pm now

Post: New Member - Michael Torku

Wayne B.
Posted
  • New to Real Estate
  • Posts 19
  • Votes 33
Quote from @Wilson Lau:

Welcome to BP Michael! You will learn a ton here :) I am based in San Jose and invest out of state in Ohio and north Kentucky. Happy to connect and share more!


 Great stuff!