All Forum Posts by: Rob Mcclellan

There are several Groups that meet. The ACREIA has a weekly Morning breakfast and a monthly Evening meeting. I have a weekly evening meeting in Ravenna. Tuesdays Weekly Investor meeting at Delciello's Ristorante and Lounge 161 N chestnut st Ravenna at 7pm.

Weekly Investor meeting at Delciello's Ristorante and Lounge 161 N chestnut st Ravenna. Old and New investors are welcome. Single Family-Multi family.

Weekly Investor meeting at Delciello's Ristorante and Lounge 161 N chestnut st Ravenna. Old and New investors are welcome. Single Family-Multi family.

Weekly networking event for investors of all levels-beginners to seasoned investors welcome! Discuss the benefits and challenges of investing in real estate. Meeting held in party room and full menu available.

Meeting Tonight. 7pm. Delciello's Ristorante and Lounge 161 N chestnut st Ravenna.

Ask your accountant but from my experience they only pay capital gains on what they receive. So if you make monthly payments of $500 with $400 principal and $100 in interest then at the end of the year they would have $1200 of interest income and a possible capital gain of $4800 depending on their basis in the property.

Thanks not my area.

What city is that in? I may be interested.

Yes I would and I do. I buy houses in Akron. $25-$35,000. Rent is $650-900 per month depending on bedrooms, etc. I have houses that i bought in 2004-2005 that are worth less now than what I paid for them but I cash flow every month. I have no intentions to sell, I just collect cash flow. I get 80%-90% financing. Cash flow is my goal with zero capital left in the deal by year 2-3.

Meeting Tonight, Come and Join us. We had a great discussion last week on Contracts. This week we are discussing how to get started on your first deal.

This meeting is in Ravenna, Ohio.