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11 December 2024 | 7 replies
They cash flow positive and are in a good area.
7 December 2024 | 4 replies
Account Closed is our local expert and am sure can strategize a plan for you.
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6 December 2024 | 27 replies
With $23k and potentially more, you're in a good position to start looking for investment properties, especially in Ohio, where property prices can be relatively affordable.
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16 December 2024 | 21 replies
Being dog friendly has definitely been a positive for me.
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17 December 2024 | 8 replies
The strategy is to buy and hold with positive cashflow.
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14 December 2024 | 6 replies
If positive, it's generally treated like income or offsets the liability for that property to $0; this is highly dependent on the circumstances.
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19 December 2024 | 22 replies
New forum member here.Long story short, I ended up through circumstances deciding this was a good time for me to buy a live-in two flat, which I mention because it is not a cash-positive investment for me.
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7 December 2024 | 18 replies
Not mentioned, is recognition of other opportunities that a well-secured note may provide strategically, if placed well.
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10 December 2024 | 12 replies
Quote from @Jinglei Shen: I am building my investment portfolio(duplex) in Ohio Cleveland, a few properties i have analyzed with net cashflow around $100 to $290 here is one deal I am analyzingDuplex generates $1590 income /month together,purchase price $123,000rate 7.5%, downpayment 25%5% vacancy, 10% mgm fee, $1400/year insurance,10% capex, 5% maintenance,COC is 8.73%monthly net cash $277this deal meets1% rule, bring in positive cash, my question is it in normal range in Ohio Cleveland market?
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12 December 2024 | 6 replies
Attending local meetups, analyzing deals regularly, and continuing education would position you for long-term growth.Good luck!