Catherine Ding
Finally starting my REI journey -- interested in exploring Cleveland/Columbus
8 June 2024 | 21 replies
if you just pick something online and buy it - you will lose money.
Jerell Edmonds
Section 8 housing need help !
8 June 2024 | 4 replies
I just have one question for all the tenants that screened do I send a letter on why I didn't pick them?
Sam Gupta
Where to start investment journey
10 June 2024 | 20 replies
-if you can't house hack, and your immediate area is truly too expensive, pick a market a couple hours away.
Engelo Rumora
Says WHO there aren't any good deals?
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???
Amanda Bahil
How to collect back rent?
11 June 2024 | 22 replies
For June rent and all others, pick up the money orders in person or have them meet you at a location halfway between your house and the rental.
Ty Mould
Agent wont allow me to assign the contract
8 June 2024 | 17 replies
A majority of our deals are off market, but we will pick up an on market deal if the numbers work.
Lucas Lukasiak
Hotels Opportunity Coming 2025? Low CapEx (vs pre-pandemic) + Debt Crunch
8 June 2024 | 2 replies
And if the sky does fall and this debt crunch materializes (bear), and I help the buyer who picks up that hotel on the cheap, that works for me too.
Andrew Glavinic
Property Management Software - DoorLoop
12 June 2024 | 57 replies
I think you will be fine, I can tell you the accounting in Doorloops looks familiar to Quickbooks so you should pick it up quickly.
Neil Louis
New to Multi Family Real Estate Investing - Seeking Guidance and Connections
10 June 2024 | 18 replies
Information overload mate heheBeen based in Dallas for 5 months now and haven't attended anythingToo busy in Ohio lolBut would love to attend some of these and learn more about what others are doing here locally.If you could pick 2, which one's would they be?
Cindy Zhu
How to properly clean a house after tenant left without cleaning
7 June 2024 | 8 replies
That will accomplish two things: first, you'll know the tenant is gone because they took the electric out of their name, and second you won't have a turned-off refrigerator growing smelly bacteria experiments.As for the current problem, assuming your area picks up trash weekly, do just like @Theresa Harris said - wait until the day before trash pick up day, double bag everything, then clean the fridge.