All Forum Posts by: Nikki Dupoux St Jean

@Nikki Dupoux St Jean If you don't have experience do not buy in D class areas. The least I spent on a property was the first property I bought. PP: $83k, 2/1, 2-car detached garage, conventional loan, primary, 5% DP (PMI), with an $18k renovation.

The wind isn't blowing as strong into the ARV sails. Meaning you can't assume appreciation will fix a bad budget or poor money habits. Investors have maximized that aspect for years. Get serious about your numbers, savings, and strategy then make a property work for you. Just assume 9/10 properties will not work for rentals or flip strategy. Narrow your search. Narrow you expectations. You'll start seeing opportunities. I started with zero experience and about $30k! 

Hello,

I purchased a duplex for $75k and it rents for $1,375. The property is professionally managed and rents are rising in the area. Next year we will be able to reach $1,500 to $1,600 in rents. A new opportunity has arise and I am willing to sell it for a 12% cap ($121,000). 

Please let me know your thoughts on the property. Link below:

12706 Iowa Ave, Cleveland, OH 44108

Hello,

I purchased a duplex for $75k and it rents for $1,375. The property is professionally managed and rents are rising in the area. Next year we will be able to reach $1,500 to $1,600 in rents. A new opportunity has arise and I am willing to sell it for a 12% cap ($121,000). 

Please let me know your thoughts on the property. Link below:

12706 Iowa Ave, Cleveland, OH 44108

@Benjamin Seibert 

We are a full-service property management company here in Cleveland with roughly 2000 doors under our management. I ran a  rental analysis for you on your property and looks like you should expect (in market-condition) a rent price around $ 1770.

I would love to connect to discuss our PM services with you, and I can send over the report!