All Forum Posts by: Scott Zeiger

Thanks Linval. Prosper.com is one I did not know about. 

I currently have 2 rentals completed and occupied, and 1 under renovation. With all the new regulations that the gov't has blessed the industry with I can't get refinanced on the second occupied rental to complete the third one under renovation.

The 2 rentals are leased at 800.00 and 900.00. One I have owned for over 10 years and the other I bought in June, renovated and had occupied Sept. 1st of this year. 

As my bio reflects, I have been in the industry for some time, but have not bought and renovated SFRs since the big crash. My, how things have changed.

If you have a product offering that may fit my needs with reasonable fees, please message me. 

Thank you for your time folks.

Scott

I have someone looking for SFR with an outbuilding for a chicken coup. Message me if anyone has something and I will get you her details.

Scott

Are there any investors here doing business in Eylria, Ohio? If so, I'm curious to know what you are getting in rents for SFR? I know it's a depressed area, and I currently am investing in North Ridgeville and North Olmsted, but there are some interesting properties at the right price.

Thanks in advance for your responses.

Scott

I think some of the takeaways are:

If you have a nice place, you really don't want appliances being moved in and out banging things up.

If they do bring their appliances, they are more app to stay longer. They would consider the hassle of moving the appliances, again.

However, if they do bring their own appliances, you have the possibility of getting bugs. Same with buying used appliances.

No one really wants tenants hooking things up so supply at least a dishwasher. 

Appliances supplied mean better rents and a higher quality tenant.

The location of the rental and the type of tenant you want will dictate what you supply.

Finding a good supplier of new appliances will get your cost down to the point that used doesn't make sense. Warranty, no bugs, excited tenants.

Thanks for all the input. On this one, I went with new appliances for the kitchen but not the washer and dryer. I found through a referral a great supplier that can provide new, and not scratch and dent, for about what I would pay for used. And that was a really really good point about bugs. not worth the risk. If you are in NE Ohio, I can provide that lead for you.

Well I'll be.  Thanks Justin,

Good morning. 

How do I replace the biggerpockets logo on the the reports for better presentation to a bank?

Any lenders for the NE Ohio area?

Well, your website does not appear to be working.