All Forum Posts by: Nicholas Sorace

I have 3 units, they are on the older side but very well kept by the current tenants that I inherited. All units are in the $650-$675 range and average market rent is at $850. I would love to keep these tenants, but I also want to eventually renovate the units and bring them up to market rent. A renovated unit goes for about $1000. 

I was thinking an 8%-10% increase on a 6 month lease. Any thoughts on this would be greatly appreciated.

I just bought my first property I am working with a lawyer charging $260 / hour. I have no idea what the standard rate is for these services ism particularly in Ohio, so if someone can provide some input here it would greatly appreciated. It seems high to me but I'd like to hear what you guys have to say. Thanks in advance!

I just purchased a 4 unit home in Bedford Ohio and would like a quote from a contractor to handle some repairs from our inspection report. Please let me know if you have any reliable contractors that would be interested. Thank you!

I am investing in Ohio, and currently living in NYC and I am trying to build out my team with a great real estate accountant. Any recommendations and a even a brief explanation would be greatly appreciated!

I am new to this space, but I am very drawn to it and have been saving up for a while. After listening to podcasts and reading books I'd love to start having conversations with experienced investors. I have my eyes on Cleveland and Dayton in particular, but I'd love to get advice about general multifamily investing and financing as well. A little background on me, I currently reside in NYC, Penn State grad, and I work in finance. Looking forward to making new connections!

With its proximity to Columbus, do investors see Dayton as a great spot to get into renting out multifamily homes?

I have been seeing homes starting at $1, and I have a feeling theres a lot of layers to deals like these.

I am looking to invest in a duplex in a C neighborhood in Cleveland for no more than $100,000. I am looking for something that needs work done, and has a lot of potential. If any agents are interested in working with me, please connect and message me.