Booking.com continues to dominate Airbnb at a high price.more bookings coming in from bdc. none from abb.

Qualified applicants that get priced out of rapidly improving neighborhoods will move into these areas but it seems like they aren’t biting.High quality, lower income applicants aren’t stupid and they won’t settle.If you think this area is a losing proposition, I would think about selling and not banking on hope.In regard to vacancy, I don’t consider any area that has average occupancy (economic and physical) below 95%You might pay more for a better area but time will treat you right and you’ll make a ton of money in equity over the long term.

We specialize in auction properties all over Ohio but specifically in cuyahoga county.

You just have to be careful because some sales agents will just advise you to over improve the property because it makes their job easier.

If you give someone over 19% membership interest in the deal, the bank will usually require a personal guarantee from that individual. 

This project is $2.5M, with gross revenues well over 10%. 

Happy to send over some resources regarding the Columbus Ohio market and why it's a great market to invest into!

Feel free to reach out to me or send me an email I can walk you through the basics and go over what is required and what to avoid.

These were investments, the value of the assest are there, its the liquid that ran short and had to resort to credit cards to fix up the propertyYou spent $50k from savings, borrowed $50k from a 401k, and are paying it back over five years at around 7.5% interest, then borrowed another $40k from credit cards and are paying that back at around 8% interest, maybe more.

Refinance after project, cashed out and continue to receive positive cash flow.