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All Forum Posts by: Michael C.

Michael C. has started 14 posts and replied 58 times.

Post: Would you sell for 80k Profit or continue to hold?

Michael C.Posted
  • Investor
  • Columbus, OH
  • Posts 61
  • Votes 29

@Jason D.

1,100 I’m just talking about one side of the duplex, it cash flows, btw how much cash flow per door you try to get in your deals?

Post: Would you sell for 80k Profit or continue to hold?

Michael C.Posted
  • Investor
  • Columbus, OH
  • Posts 61
  • Votes 29

@Michael Conrad

Oh I put about 20 into it, , so be about 60 profit instead of 80 ,

Post: Would you sell for 80k Profit or continue to hold?

Michael C.Posted
  • Investor
  • Columbus, OH
  • Posts 61
  • Votes 29

So my first duplex deal turned out to be actually pretty good, only had it for two years, paid in the 150s for it, owe 138,000 rents started out at 900 got them to 1,100 , that covers the mortgage, The exact same duplex next door sold for 211,000 it’s not even fixed up like mine, ! By looking at the comps I should be able to get 220,000!

I’m curious about selling but in the middle with it, I know it depends on goals, I’m more of a passive guy, wanted to know what others investors would do? Would you sell?

Post: Willow Creek / Grove City - Columbus, OH

Michael C.Posted
  • Investor
  • Columbus, OH
  • Posts 61
  • Votes 29

@Robert Ellis

Right now we got the rents up to 1,100 on one side, Rents were 900 before we fixed it up! This area is going up in value and in rents, very good area!

Post: Your ideaology of Money

Michael C.Posted
  • Investor
  • Columbus, OH
  • Posts 61
  • Votes 29
@Alex Franks Money to me is a tool to expand opportunities and enhanced life experiences. Money equals freedom to me more than materialistic matters, the freedom to travel, freedom to be your own boss. Freedom to do what you want when you want and not having to answer to anybody!

Post: Advice needed, Don’t think I should buy this property !

Michael C.Posted
  • Investor
  • Columbus, OH
  • Posts 61
  • Votes 29
So my first property I did good with buying, that now cash flows after expenses 600, with potential up to 1,000 if I update and has equity, Now I‘m on to my next one! It’s a duplex 3 Beds GARAGE 1/2 BATHROOMS, NUMBER: 189,000 TOTAL PAYMENT 1450 RENTS 900 EACH SIDE MY NUMBERS I LOOK FOR DOESNT ADD UP My Agent keep saying I should buy It MY PLAN WAS TO HOUSE HACK

Post: How I went from 0-122 units mortgage free. My tips and secrets

Michael C.Posted
  • Investor
  • Columbus, OH
  • Posts 61
  • Votes 29
Will Someone put this man on the BiggerPockets podcast show, we would really like to hear more of your story and congrats on your success.

Post: Multi-family dream property in Cincinnati Ohio?

Michael C.Posted
  • Investor
  • Columbus, OH
  • Posts 61
  • Votes 29
@Vincent Salviano Here’s more information about the area https://www.areavibes.com/cincinnati-oh/west+price+hill/crime/

Post: Quit My Job and Plan to Wholesale

Michael C.Posted
  • Investor
  • Columbus, OH
  • Posts 61
  • Votes 29
All these negative people here are mad because they don’t have the balls to quit there job and go all in like this lady here,!

Post: How many rentals do you have?

Michael C.Posted
  • Investor
  • Columbus, OH
  • Posts 61
  • Votes 29
@Dennis M. First thing I did before I made this post, nothing showed and I’m using the app