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All Forum Posts by: Brian R.

Brian R. has started 10 posts and replied 53 times.

Post: 70% rule on turnkey property?

Brian R.Posted
  • Real Estate Investor
  • Dublin, OH
  • Posts 66
  • Votes 10

When I buy a turn key, I am looking for at least 2-2.5% return a month. So if I buy for 100,000 I'd like to see at least 2,000 a month in rent. It is rule of thumb. I would look at almost anything but to actually buy it would have to have a good history and at least close to that above rule.

My 2¢

Brian

Post: Columbus, OH RE Attorney

Brian R.Posted
  • Real Estate Investor
  • Dublin, OH
  • Posts 66
  • Votes 10

Hey Corey

My attorney should be able to help you. Charles McClenaghan. [email protected]

Brian

Post: Two will get you Thirty: Columbus

Brian R.Posted
  • Real Estate Investor
  • Dublin, OH
  • Posts 66
  • Votes 10
Welcome to BP. I too don't post often but love the podcast and community. We are renting and flipping. Happy to talk anytime. Brian

Post: What about the Columbus, OH market?

Brian R.Posted
  • Real Estate Investor
  • Dublin, OH
  • Posts 66
  • Votes 10

@Peter Lohmann That is very helpful and wise. Thanks for taking the time to speak truth. It stands to reason the there is no get rich scheme but to be honest and treat people fairly. You confirmed my own suspicions.

Post: Newbie from Columbus, Ohio

Brian R.Posted
  • Real Estate Investor
  • Dublin, OH
  • Posts 66
  • Votes 10

Welcome. We have some buy and holds out of state and are looking for more here. We also flip houses.

With lots of effort and discipline you will soon be quitting your FT job....Congrats

Brian

Post: Felon for Hire?

Brian R.Posted
  • Real Estate Investor
  • Dublin, OH
  • Posts 66
  • Votes 10

thanks for all the great input. I am sure it is him. The info online has mugshots. I don't know the details and really don't need to. He does good work but he will not be going around my tenants anymore. I will give him flips. He is a nice guy. But yes I don't want his wrath. He is a big guy who claims to have benched 450 at one point so will surely try to keep him on my good side.

Thanks again.

Brian

Post: Felon for Hire?

Brian R.Posted
  • Real Estate Investor
  • Dublin, OH
  • Posts 66
  • Votes 10

I have been using a guy as a handyman for about a year now. He does great work...timely and I can always trust it is done right.

I recommended this guy to another person. He did good work there too. A few days later the guys wife had a bad dream about the guy and so they started looking up info on the web about him. Turns out he was convicted of double murder in the early 90s. Served the time given and now is out on parole.

What are your thoughts on using the guy? We have rentals with students living in them. We also flip from time to time.

Post: Offering 6-Year Finance Term, $15K down, no credit checks, no interest

Brian R.Posted
  • Real Estate Investor
  • Dublin, OH
  • Posts 66
  • Votes 10

What suburb?

Post: Buying first set of condos

Brian R.Posted
  • Real Estate Investor
  • Dublin, OH
  • Posts 66
  • Votes 10

The deal is 20-25% down 4.75% 10yr term 25 yr amort.

Post: Buying first set of condos

Brian R.Posted
  • Real Estate Investor
  • Dublin, OH
  • Posts 66
  • Votes 10

It is in hilliard ohio.