All Forum Posts by: Rahul Bhatt

@Bill S. I am open to Condos as well. Does not have to be SFRs. I think Condos will have lesser maintenance costs over SFRs. Also, thanks for the insight into capital expenses. I will keep in mind the 25% to 50% overhead to cover those costs.

@Drew Fein You are awesome! I will read up more on the Solo 401(k)

@David Chwaszczewski Not sure what you mean by "investment strategy". I plan to buy and rent the property (while staying cash flow positive) and just hold on to the property till the mortgage is paid off and I own the place.

@Andrew Nevins I will checkout Cleveland and Atlanta as well. Would be really scared to touch anything in Michigan, specially Detroit.

@Alan Meyer Thats interesting as well. I am open to using an LLC for investments. Will do more research on Self Directed IRAs.

@Dom K. Thanks. I will definitely strive for cash flow positive.

Hi Biggerpockets Community,

We are looking for an investor friendly general contractor in the Cleveland area that can handle all aspects of a rehab. Since they will be working with a lot of out-of-state investors, we are prioritizing reputation and reliability over price, although prices are obviously still a large consideration. If you know of anyone you would recommend, please message me on BP.

Thanks!

My name is Angela and I'm looking to learn more about how I can invest into my favorite city, Cleveland, OH. I bought my first duplex as a primary with my boyfriend last summer and we had no idea what we were getting ourselves into. Even though we ran into many issues, I absolutely love my home and am able to laugh about the mistakes we made.  I'm ready to focus on learning the business and networking with others that can help me avoid making silly mistakes.