All Forum Posts by: Nick Church

@Jeff S.

@Shera Gregory

Thank you guys both for the amazing replies, those were super helpful cannot stress that enough!

Will it bring up the ARV a good amount? Or just decrease vacancy?

Looking at a single family house that i will rent out in a small town outside of Toledo, Ohio. 4 bed, 2 bath, about 1500 square feet. It has forced air heating but no cooling unit, is having a cooling unit a necessity? And if there are any contractors does anyone know how much those cost to install and how much that affects the ARV? Please try and answer all the questions if possible, thanks!

I just have a few questions about getting financed by private investors. Also I'm planning on using the BRRRR method for more context.

1. When should I ask the private investor for money? Before I find a deal? After I find what looks like a good deal, but before I make an offer? Or after i make an offer?

2. Do private investors typically pay for rehab? And do they give you the rehab money at the same time as the cost of the house? 

3. Can you have 2 different private investors each give you half for a project for example?

4. Are there any laws or regulations on private investing to know about?

5. Any good resources to find private investors?

I would love some good feedback on this, I’ve been having trouble understanding all the fine details about private investing for whatever reason. Thanks!

Hi everyone.

I’m new to the community and was after listening to one of the recent podcasts, I was left wondering: Will the appeal of single family homes increase in the coming future as opposed to small multi family homes due to the fact that people won’t want to be coming into contact with other tenants/neighbors for social distancing concerns? Basically will people avoid apartments out of fear of catching coronavirus, and how will it affect desire for single family homes? 

I should note I would intend to buy a single family or multi family and rent it to someone, I’m not talking about flipping or selling.

Would love to hear any feedback, thanks!

Hi everyone, I just joined the Bigger Pockets community and also am just starting to get into real estate investing. When coronavirus restrictions ease up, my dad is going to come home from the Phillippines and we’re going to start investing in primarily small multi-family homes in the Northeast Ohio area. I want to build a portfolio over the years and live off of passive income someday. I’m curious how beneficial it would be for somebody with those goals to go and get their real estate license? I’m excited to be a member on here and hopefully meet some people in my area as well! Thanks!