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11 June 2024 | 22 replies
You realize, you saw my post said to yourself, oh look at this idiot, and decided to take to your keyboard to in essence tell me just that, without offering much in return!
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7 June 2024 | 9 replies
G'Day guys,Lately, I've been super duper pissed off with our investors that I decided to keep all of the deals for myself 🤷♂️I've always preached that there is not a single deal that we sell that I wouldn't be willing to keep for myself.So there's that lolJust picked up a 6 unit which us humble Ohio folk would consider an A class area (Sorry East and West Coasts as our A class is your Z Class lol)$160,000 purchase price$50,000 rehabCurrent rents are $3,000 per monthOptimized rents will be $4,000 per month.BPO before purchase $220,000 - $250,000ARV $350,000ARV with interest rates at 6% potentially $400,000+Cashflow = S#%$ load $$$Granted, it took 4 months to get the contract signed and we had to go to McDonalds 4 times to meet with the seller so sign each page individually single time lolYep, it was one of those.All in all, great deal and they are definitely out there.Working on another one now that will be converted into a duplex and is located in a top notch school district.Somehow picked this one up for $20,000 and needs $45,000 in rehab.ARV is $110,000 conservatively Combined rents will be $1,300pm.Ohhh yeah, almost forgot.Also, picked up a SFH from a wholesaler believe it or not for $20,000 that after inspection needs around $15,000 in rehab.ARV all day long is $80,000.Says WHO there aren't any good deals???
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7 June 2024 | 3 replies
Where I live just running numbers on the MLS there isn't a lot of inventory of multifamily for sale on the MLS it seems like landlords trying to sell their properties in my area have them overpriced.I'm from Kansas curious what you guys are getting or if you have to look elsewhere besides the MLS. 20% Minimum COC, 15- 20% net on cash purchase In the Ohio markets
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6 June 2024 | 71 replies
For those unaware, I do Property Management in Ohio.
7 June 2024 | 6 replies
Oh boy... such near sighted people on here.
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7 June 2024 | 5 replies
So buy in the C D areas, its all about price , Oh and hire a PM co Good luck
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7 June 2024 | 7 replies
we would be able to assist in Miami FL or Columbus OH vertically integrated
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9 June 2024 | 50 replies
I got a nasty Dm as well "Oh , so as a moderator you can block other people's view of my post so you cannot be contested..."
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6 June 2024 | 5 replies
I co host around 100 properties in Utah and have used VAs who are not as capable and some who are extremely capable (depending on your budget).Hi, I’m Dwayne Harris from Cleveland, Ohio.