
17 January 2025 | 4 replies
I've bought a couple sub-to's in the past and about to close on one next week.

22 January 2025 | 14 replies
Quote from @Jordan Laney: I would call a couple snow removal businesses in the area and see what they would charge for that..

29 January 2025 | 11 replies
Not only is the FedEx super hub close by(as @Aristotle Kumpis mentioned), but airports in general are usually near commerce drivers, meaning they work well for finding good tenants.

13 January 2025 | 45 replies
- FYI: it's only illegal to try to rent it out, the property owner can usually legally live in a nonconforming basement unit.If you do all this you may still negatively cashflow each month, so make sure your income can cover and/or your cash reserves.If you do this successfully, you will learn more in 1-2 years than you would reading here on BP for 5+ years:)Good luck:)

28 January 2025 | 15 replies
You should consider consulting an attorney.I've consulted an attorney, they usually like to handle the case in court and not advise on intricacies of how to negotiate a cash for keys arrangement.

17 February 2025 | 13 replies
More than likely you would need to give up around 70-80% of equity and own a minority - some deals would allows you to buy it back at a set price as well.

22 January 2025 | 12 replies
As for by-the-room rentals, many lenders won't allow that and if they do, they qualify you off of the long term market rents (which, as I'm sure you can imagine, would be considerably lower than the actual per-room rents).

8 January 2025 | 34 replies
Is there a city that's better than both of these in Ohio?

20 February 2025 | 9 replies
I'm making two assumptions here - it will take you a year to get the tenants out, and so you are cash flow negative for a year, and that year of negative cash flow is a lot less than the loss in sale price you will need to take to get it sold as-is.

18 February 2025 | 24 replies
A team of lenders, title companies, contractors and RE attorneys, and significant knowledge of the intricacies of real estate transactions, you will be MORE than prepared to dive feet first into your first deals and will do so with CONFIDENCE.