All Forum Posts by: Michael P.

Are you constructing the bridge to Canada?

Based on the purchase prices and the things you’re describing these are obviously “D class” “hood” “ghetto” or whatever the kids call it these days (“war zone”?). In my opinion definitely sell and cut your losses. I invest long distance in Toledo as well but only in B class neighborhoods. 

 Message me

Theres something in the ohio laws about getting your EMD back after 2 years, ask your lawyer. I've seen it a few occasions the title company sent the EMD back to the buyer because it sat with them 2 years. Easier just to wait then go through a court process just my opinion.

 At the peak was 46 doors. Now down to 10. I just don't feel like being involved with rentals anymore. Will find something more passive.

Do nothing unless a tenant moves out, then sell, and repeat until I’m retired from owning rentals.

I know the good PMs. Message me. 

You don’t need a lease, just TEAM, 15% NET caps. All the best. 

Not sure “restructuring” is going to save investing in cryptocurrencies, “theatrical performances”, and Radio Shack. But I’ll hope for the best for you. 

Welcome to U S and A !!