
22 March 2024 | 21 replies
I'm not one to plug my business and there is enough good, bad and ugly online for all to see.You will find many "real world" reviews on both Ohio Cashflow and Oz Realty via a Google search.Not perfect by any means and we make mistakes.Honest mistakes that we do our best to rectify.Standing the test of time in a real estate niche called turnkey that has been scared by many shady operators speaks for itself IMO.I will say this, investors buying sub $100,000 properties and only owning 1 or 2 and expecting miracles are usually unsatisfied.Sub $100,000 requires volume to work and for a decent long term return to be realized.Our price points are $70,000 - $100,000 and rent's are from $750 - $1,100pm2bed, 1bath and 3 bed, 1 bath is our bread and butter.Sometimes 4 bed, 1 bath and rarely 4 bed, 2 bath or 3 bed, 2 bath.The odd duplex from time to time and the odd 4 unit or 6 unit but those are rare.B class areas mostly.Sometimes B- and C class on occasion which we will stress clearly in any deal pro-forma along with the pro's and con's.Also, those that get their panties in a tangle and decide to leave the wing of Ohio Cashflow, we can't help much anymore as it get's messy and muddy so we have to politely bow out from any continued engagement.

20 March 2024 | 8 replies
If you had gone with the $60k bid, that probably would have been a big mistake.
25 March 2024 | 214 replies
The market has already determined the best way to do that is for the buyers agent fees to come out of the sellers net proceeds, so that it’s included in the sale price and the buyer can finance it. 9 out of 10 people use buyers agents (as they should so they don’t make beginners mistakes on a transaction that has major impacts on their finances and their life).

22 March 2024 | 81 replies
Believing a law isn't enforced can be a big mistake.

19 March 2024 | 4 replies
Welcome to BB.Your smart to seek a Mentor I suggest he has gray hair.Has done (Flipped, made all the mistakes ,made great money 💰. )And has a great smile 😃.

19 March 2024 | 16 replies
I made a mistake purchased an HOA foreclosure auction, now the bank schedule a date to foreclose the house.

19 March 2024 | 7 replies
@Jim Bo biggest mistakes investors make when doing business with friends is NOT treating it like a business arrangement.You'll need a detailed partnership agreement covering buyouts, capital calls and what happens if one of you dies.Why would you pay him while he learns property management?
20 March 2024 | 11 replies
If amount they need your approval for is not specified already in contract, send them your pictures of how you left the house (hopefully you took extensive photos before turning it over to them, like under every sink cabinet, every bathtub etc) and ask them to have the cleaning service modify the bill as it must be a mistake, then have a frank conversation about expected maintenance costs, hourly charges and amount they need to call you first before ok’ing on your behalf.

19 March 2024 | 6 replies
A lot of first time investors make the mistake of falling in love with ONE strategy (maybe STR, or multifamily, etc) and then wanting to learn everything about that strategy before they take action.

19 March 2024 | 9 replies
The same for flips, the learning curve is steep and a simple mistake can set you back or take you out of the game altogether.