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16 July 2024 | 34 replies
I imagine myself getting into more rehab intensive (possibly even BRRRR) projects as I build my portfolio and experience!
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16 July 2024 | 21 replies
Hi Michael,I like your thoughts of building a large portfolio because it's very important in sub $100,000 markets like Ohio.A large portfolio = A safe portfolio.Personally, I've always been a big believer in buying with cash.Less is more.Once you gain experience and understanding the true income vs expenses of your portfolio.Then look at using leverage for faster growth.It takes many years to learn a market along with establishing a solid understanding of it's "in's and out's" from a people/team perspective.As investors we should always reverse engineer and protect the bottom line first and foremost before looking toward expansion and growth.My "cash only" mentality has served me well over the years in my businesses and real estate endeavors.Especially when things turned South and they always eventually do.Start slow, start small, buy with cash and build from there.Just my opinion and wishing you much successps.
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18 July 2024 | 17 replies
Happy to answer questions if you have any and connect with anyone that's building new construction MFH.
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18 July 2024 | 0 replies
Thoughts on a new construction build with propane.
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18 July 2024 | 0 replies
I’m considering options like building a single-family home for STR or creating a small RV park with a few pads, but I'm open to other ideas.
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17 July 2024 | 8 replies
I was curious the best strategy to get the remainder of the funds for the build, my lot is owned outright and worth about 325k.
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18 July 2024 | 3 replies
I plan to target Multifamily Apartment building's.
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18 July 2024 | 11 replies
I am currently paying $1700 in rent and I despise paying rent, especially being in a financial position where I can afford to build equity in some manner or get a cashflowing asset to offset it.
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17 July 2024 | 6 replies
If you decide you are ready to rely on a professional approach to management (with a stable cleaning team at all times) we are happy to help!
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18 July 2024 | 0 replies
Click here to know what is going on and what is going to be required.The list of inspections is pretty exhaustive and covers a lot of things within the building and sanitary codes.The city believes that it has a problem with many older buildings being in disrepair and not maintained by the owners.The owners/landlords have issues with the city because they believe the city is overstepping its authority and does not have the right to inspect the buildings.In the middle, we have the tenants who should have clean and safe apartments to live in.