All Forum Posts by: Steven Foster Wilson

Looks pretty good! In terms of running numbers Id recommend using the calc on ohiorem.com because it allows you to run numbers in less than 30 seconds from your phone. It automatically calculates leasing fee, maintenance costs, and cappex costs. Just a thought

Personally I like using the calc on ohiorem.com because it allows you to run numbers in less than 30 seconds from your phone. It automatically calculates leasing fee, maintenance costs, and cappex costs. And there are quick ways to edit variables, so if you wanted to adjust interest rate or down payment, its super quick.

 Exactly, I spent countless nights working on properties until 2am, all with $50k on a credit card. Don't get me wrong, it was worth the hardworking. But now I know the better way. Get a construction loan, utilize other people, sure my margins are lower, but my volume is way up! 

 I previously was an agent, helping OOS investors invest. However my endeavors have now led me to move to Indonesia full time to do relief work. I figured before I move over I would give as much knowledge away as I could to help others not waste the years and tens of thousands getting started like I did.

 There is a big difference when it comes to hard money lenders. There are those that will tell you they can do something up front, then proceed to take 45 days to close and ask for more documentation than a Fannie and Freddie loan.

Then there is those that act as private money and can close in 5 days! There are 2 that I use in the Ohio space, Ill DM you!

 This is why we need more resources around real estate, not just general resources, specific resources to help mentor people just getting in! For example im from Ohio, it took me 5 years to really understand what I was doing and start making serious money. The first 5 years was filled with a lot of wasted time, money and energy!

 If you're looking for affordability and good cashflow stick to Cleveland, Akron, Dayton. These will be your best bets in the ohio market. You can watch videos at ohiorem.com to see more markets and the pro's and con's of each. Columbus and Cincinnati tend to be more expensive and more of an appreciation play.

Here are all of the A-F neighborhoods in Cleveland. 

Personally I would buy in Cleveland or one of the surrounding territory markets. You'll get average appreciation, but good cashflow, not to mention one of the worlds largest healthcare providers, Cleveland Clinic! 

 Sure thing, Just DM'd you.