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All Forum Posts by: Scott T.

Scott T. has started 2 posts and replied 10 times.

Post: Chicago Real Estate Meet up

Scott T.Posted
  • Chicago, IL
  • Posts 11
  • Votes 4

I know @Jonathan Klemm usually hosts one about every month typically on Saturday Mornings.

Post: Looking for a GC for a variety of work

Scott T.Posted
  • Chicago, IL
  • Posts 11
  • Votes 4

you may want to check with @Jonathan Klemm.

@Cynthia Meyer

Just realized this was from 2020. Anyways glad you were able to connect with @Mark Ainley and found him and his firm to be top notch.

@Cynthia Meyer

Not sure if you have this resolved, but I would certainly contact @Mark Ainley. Well respected and can either assist or direct you in the right direction.

Post: Property Management companies

Scott T.Posted
  • Chicago, IL
  • Posts 11
  • Votes 4
Originally posted by @DJ Slivka:

I have used my property management company for 4 years and their communication has progressively gotten worse. It is time to make a switch. Does someone have any recommendations for property management in Cleveland, Ohio?

I have been using 5 Points Property Management and would recommend. www.5pointspm.com Call and ask to speak with Rich at (216) 251-9191

Post: Gary In , East Chicago In

Scott T.Posted
  • Chicago, IL
  • Posts 11
  • Votes 4
Originally posted by @Ryan F.:

I've been really interested in East Chicago.  I'd really like to hear opinions about where the best parts to invest are. 

I'd connect with @Adrien C. or @Jarrod Stotmeister Both of these guys invest in NWI.

Post: 1st Out of State Investment

Scott T.Posted
  • Chicago, IL
  • Posts 11
  • Votes 4

@Ari Hadar i worked with Black Belt Investors on a turnkey property. It was a smooth transaction and would recommend them. For more information you can visit www.blackbeltinvestors.com

Post: 1st Out of State Investment

Scott T.Posted
  • Chicago, IL
  • Posts 11
  • Votes 4

@Saleh Riazi this property is rented around $1000/month

Post: 1st Rental Property - Primary Home to Rental

Scott T.Posted
  • Chicago, IL
  • Posts 11
  • Votes 4

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $330,000

Primary residence turned 1st rental property!

Post: 1st Out of State Investment

Scott T.Posted
  • Chicago, IL
  • Posts 11
  • Votes 4

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $45,000
Cash invested: $27,000

Single Family Residence in Cleveland OH.

How did you finance this deal?

Paid cash and currently in the middle of a cash or refinance

How did you add value to the deal?

Added 1 bedroom making this a 3/1, new roof, sealed and treated foundation, cleaned up exterior, painted and refreshed the interior

What was the outcome?

Looks like comps in the area are $90-110k and I should be able to cash out my entire investment. The property is currently rented.