All Forum Posts by: Sam McCormack

As some of you mat know, I am an agent in Cincinnati, and as others may be finding, deals are hard to come by at the moment. I want to post this to ask about strategies I can start introducing to buyers to use. I see that many sellers think it is 2021 still and are still asking outrageous numbers and just analyzing like we would in 2021, isn't working. Maybe buyers and sellers can meet at a middle ground between sellers getting their price, and buyers getting their terms. So I am basically I am asking, what are some strategies I can start to use and show buyers that may get us closer to landing a deal? (besides higher down payments/buying cash)

Congrats! Wish you the best on investing!

@Cosmo DePinto

I would recommend Cincinnati. Definitely able to find a SFH or nice duplex, let me know!

@Paul Farley

There is this super small city named "Cincinnati", you should check it out! But really though, if you are looking for cash flow then the best option in midwest, including Ohio. If you are interested in Cincinnati/Northern KY, let me know, i'd be happy to help

@Manco Snead

If I can find mine, I can send you the one I have. Can you send me your email?

@Rob McCollum

In Cincinnati, 140K with the right property, could get you some cash flow. It would be a SFH, and I have little knowledge about turnkey companies. If you are interested in Cincinnati, let me know! I also recommend Cleveland, I can direct you to someone for that as well!

@Manco Snead

Instead of putting out fires, you should start with a way to vet your property management company, agent, etc. You will be constantly putting out fires without any sort of system. Document how you want your system to run, and make tweaks and changes as you go to be more effective. Also, have landlord and tenant fill out an estoppel form to make sure you're on the same page and to avoid that. Realistically, the listing agent should have told you that at some point. I would recommend reading "Work the System" by Sam Carpenter. This will help you make systems moving forward and avoid putting out fires

@John Williams

Don't make exceptions

Stick to the lease (blame the lease and not your own decision making)

Eviction is always the worst way. I would rather lose privately by giving cash for keys + security deposit, than win publicly and have 6 months unpaid rent + damages

@Vincent Lattuca

Hi Vincent, the first thing you want to do is find your reason/target for real estate investing. Do you want immediate cash flow? Try some markets in the midwest. Want more appreciating markets? Try something along the cost like Florida maybe. You may not know which market will do what, but posting on here saying your target and asking for people who can help you find an area with your target is where you should start. You will find people on here are very willing to help you if you let them. I am an agent in Cincinnati for example, if you want a cash flowing market, you may find what you like in Cincinnati. Let me know if you have any questions regarding this post!