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All Forum Posts by: Nicholas Misch

Nicholas Misch has started 8 posts and replied 292 times.

Post: Do I need an agent to represent me?

Nicholas Misch
Pro Member
Posted
  • Investor
  • Cleveland, OH
  • Posts 306
  • Votes 273
Quote from @Scott Trench:

I think it's really important to have an agent who knows what they are doing representing you, at least on the first few properties. If you want to represent yourself, consider just getting your broker's license. It's a modest time commitment in the scheme of things, and will help you feel prepared to represent yourself. 

If you aren't ready for that commitment, that says a lot and you should probably just hire an agent. 

 Well said Scott!

Post: House Hacking or Out of State investment

Nicholas Misch
Pro Member
Posted
  • Investor
  • Cleveland, OH
  • Posts 306
  • Votes 273

I of course am biased, and I only have limited knowledge of California, other then I work with many investors who live there who invest in Cleveland because of the prices vs cash flow. Many of them invest both in California for appreciation and Cleveland for cash flow and lower prices. 

Post: Are investors still buying?

Nicholas Misch
Pro Member
Posted
  • Investor
  • Cleveland, OH
  • Posts 306
  • Votes 273

In Cleveland we are starting to see less offers (though still several), price reductions and longer days on market. All the signs of a shifting market (NOT A BUBBLE!) this is in fact GREAT for investors and will be getting even better. When rates are rising it just means you have to be extra careful to include that factor in your analysis. 

Post: Planning on leaving Los Angeles. Any advice for good cities/state

Nicholas Misch
Pro Member
Posted
  • Investor
  • Cleveland, OH
  • Posts 306
  • Votes 273

Great cash flow and appreciation in Cleveland, but you better like snow! :)

Post: Novice Investor Looking for Advice

Nicholas Misch
Pro Member
Posted
  • Investor
  • Cleveland, OH
  • Posts 306
  • Votes 273

Hey @Kayla Caruso I sent you a reply to your message and I am looking forward to connecting and getting you moving on your journey. 

Post: Structuring the deal

Nicholas Misch
Pro Member
Posted
  • Investor
  • Cleveland, OH
  • Posts 306
  • Votes 273
Quote from @Clifford Datan:

@Andrew Garcia

Thanks for the advice we are looking to purchase the investment home in Arizona. I envisioned that the offer may not be as realistic as I had hoped but I thought to ask and see what others inputs are as this will be our first investment purchase.

I can't speak to the Arizona market specifically as I do not live there, however it seems to me that most decent pre-owned homes are going for way over list in most markets and due to the extreme lack of inventory I don't see a builder taking an offer under asking. That being said it will never happen if you never try! :)

Post: I'm Starting a STR Mastermind - Want to Join?

Nicholas Misch
Pro Member
Posted
  • Investor
  • Cleveland, OH
  • Posts 306
  • Votes 273
Quote from @Jason Knight:

Hi BP Community,

I have a fantastic general LTR Mastermind group that has been going strong for over a year now and I am looking to add a second mastermind group. This one will be focused entirely on Short term rentals. I just closed on my first one and am in contract for two more. I have been in the process of 1031'ing the C class properties in my portfolio and have been moving these over to STR. I have worked through Avery Carl's system and am looking to implement some of the strategies from "Optimize My AirBnB" as well. Would love to start masterminding with any experience level, I would just ask that you own or are in contract for at least one STR. This will be VIRTUAL over zoom, so you can live anywhere and attend.

Thanks!

Jason

We are just completing the renovation on our first Airbnb and want to have several more and would love to be a part of your mastermind. 

Post: anybody know anything about investing on multifamily or SFR in OH

Nicholas Misch
Pro Member
Posted
  • Investor
  • Cleveland, OH
  • Posts 306
  • Votes 273

I have seen several great small multi-families come on the market and even some off market ones in Cleveland. It's a great time to invest. 

Post: Building my team for Cleveland duplex investing

Nicholas Misch
Pro Member
Posted
  • Investor
  • Cleveland, OH
  • Posts 306
  • Votes 273
Quote from @Chris Criss:

I am a new investor looking to build my investment team to invest in Cleveland Ohio. Looking to invest in duplexes around the area.  


 I have seen several good duplexes come on the market and off market ones recently in Cleveland. 

Post: New Realtor to Bigger Pockets!

Nicholas Misch
Pro Member
Posted
  • Investor
  • Cleveland, OH
  • Posts 306
  • Votes 273
Quote from @Sabrina Quinones:

Hi guys! I am new to the Bigger Pockets community and I am excited to build my network!

I come as a 27 year old Realtor in the Cleveland area with experience with buyers, sellers, and investors whom were looking to build a profitable stream of income. I was on the #1 Real Estate team in the area where I hold pride in what I learned as far as market expertise and creative negotiating skills go. I am excited to not only learn from this community but share ideas and meet like minded people! 

If you are a RE buyer/seller/investor: I would love to know how I could be of value to you so do not hesitate to message me with any questions you may have.

Sabrina Quinones

Let me know if you come across any good investments as I have many buyers ready and we can put a deal together!