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27 January 2025 | 27 replies
Examples:44109 (median home price went from roughly 50k to 125k in 8 years)https://www.zillow.com/home-values/77009/cleveland-oh-44109/ 44102 (median home price went from roughly 30k to 120k in 8 years)https://www.zillow.com/home-values/77002/cleveland-oh-44102/ 44106 (median home price went from roughly 100k to 200k in 8 years)https://www.zillow.com/home-values/77006/cleveland-oh-44106/ It has the highest rents on average in all of Ohio for major cities and the median home value is not even in the top 3.
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17 January 2025 | 35 replies
It's a relationship game more than anything, so if you're building strong relationships with them and providing a consistent product, you'll be golden.
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22 February 2025 | 40 replies
Fail to produce K-1s in time for LP tax returns to completed on time, refuse to communicate with LPs, when LPs start to express frustration.Cheryl Cheryl, I'm sorry to hear this.Many investors learn expensive lessons with their early investments.Knowing nothing about this deal (because I didn't invest) I can already tell you the 24% projected return was a major red flag (in my opinion).
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19 February 2025 | 21 replies
So could start with some community banks in Cleveland since you are local.Residential loans for the most part are serviced by Fannie Freddy but commercial loans can be much more diverse with their products so having a few options has always helped me a ton.
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4 February 2025 | 24 replies
In my experience that either means there is something prohibitive in the zoning, or there simply is not much demand for that sort of product if most people either go with an apartment in a large complex or rent a SFR.
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25 January 2025 | 6 replies
You don't provide enough data to know.Every product is only worth what you are willing to pay for it.
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20 February 2025 | 11 replies
If its a solid investment:You can bank on the market and the status of the major economy.
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19 January 2025 | 47 replies
I think it would require a major asset heavy backer to provide the confidence the investing public needs to scale to profitability.
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21 January 2025 | 5 replies
This would allow you to sell a property you had purchased with the intent of holding for productive investment use.
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21 January 2025 | 4 replies
I am able to do majority of the work involved and have been in trades for over ten years.