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All Forum Posts by: Richelle T.

Richelle T. has started 8 posts and replied 318 times.

Post: Is there a market for land contract?

Richelle T.Posted
  • Rental Property Investor
  • Columbus, OH
  • Posts 340
  • Votes 111

@Account Closed There's definitely a market for land contracts in this part of the world. Just based on the numbers you presented, the price sounds inflated for the area. If you need help connecting with some Columbus people I can circulate it to some friends here. PM me. 

Post: Advice and pointers on assembling a team.

Richelle T.Posted
  • Rental Property Investor
  • Columbus, OH
  • Posts 340
  • Votes 111

To some extent, I agree with @Arlan Potter

@Devany Jenkins our local REIA is called COREE (Central Ohio Real Estate Entrepreneurs). You should check it out :-)

Post: Crime in Columbus Ohio

Richelle T.Posted
  • Rental Property Investor
  • Columbus, OH
  • Posts 340
  • Votes 111

@Account Closed's way of deciding on a neighborhood. In God we trust, all others bring data!

Post: REIA Columbus, OH

Richelle T.Posted
  • Rental Property Investor
  • Columbus, OH
  • Posts 340
  • Votes 111

@Josiah Mosley See you on Tuesday! The party will no doubt be a good time. 

I'm a landlord. I buy ugly so I rehab and rent. See you there!

Post: REIA Columbus, OH

Richelle T.Posted
  • Rental Property Investor
  • Columbus, OH
  • Posts 340
  • Votes 111

@Josiah Mosley I agree with Corey, COREE is a great group. Hope to see you there!

Post: New guy from Columbus, OH

Richelle T.Posted
  • Rental Property Investor
  • Columbus, OH
  • Posts 340
  • Votes 111

Hi @Ryan Getz glad to have you here! Welcome to BP, lots of us in Columbus and commercial RE on here

Post: New member from Ohio

Richelle T.Posted
  • Rental Property Investor
  • Columbus, OH
  • Posts 340
  • Votes 111

Welcome to BP @Joe Farkas and Columbus OH! Columbus is a great place to invest. I suggest joining our local REAI: COREE - it's a great group. Hope to see you there soon!

Post: LLC Structure for Multiple Rentals- State of Ohio

Richelle T.Posted
  • Rental Property Investor
  • Columbus, OH
  • Posts 340
  • Votes 111

@Brad Clarizio Another option is to have one LLC owned by another. It's a way to sort of create your own series LLC. Each child LLC would require it's own bank account of course, but at tax time, you would only have to file one return - the parent LLC. It's sort of the best of both worlds. I don't think it's necessary for 6 singles. But let's say you had 6 singles and an apartment complex, then you may want the complex in a separate LLC.

Post: International House Hacking?

Richelle T.Posted
  • Rental Property Investor
  • Columbus, OH
  • Posts 340
  • Votes 111

Hi @Ceril S.Thanks for following up! I'm actually still negotiating on a property there. I ended up getting a small multifamily here in the states that has taken up the majority of my attention. 

The seller had about a one year time horizon in January, so she's just now getting ready to talk turkey. 

Post: Property Management nightmare Columbus

Richelle T.Posted
  • Rental Property Investor
  • Columbus, OH
  • Posts 340
  • Votes 111

@Ram Srinivasan I'm so sorry to hear that!