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14 December 2022 | 31 replies
The man thing is to get a good agent in your area and also get them to introduce you too all the other parties you need to meet!
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7 December 2022 | 8 replies
I am a data guru, currently working in Corporate Finance, fun stuff.
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25 November 2022 | 6 replies
Hey Justin, Love it my man!
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21 November 2022 | 8 replies
Based on my contractor estimates, I'm roughly looking at around $6.5k The property is already rent ready, save for a couple minor things (new man door on the garage, snake some drains, etc).I own a handful of properties but am not an expert when it comes to giving information, but here are the numbers I'm working with:Purchase Price: $55,000Cash In: $12,000 (15% down payment + minor rent ready repairs + misc.)Rent: $800-900/monthExpenses: $538/month (PITI + $120 set aside for maintenance, vacancies, etc.)Net Cash Flow: $262-$362/mo. (26-36% CoC Return)The cons that I'm hung up on are (1) that the home is certainly not being purchased at 75% ARV or anything like that, but then again the house itself save for the two items I mentioned are in great condition; (2) comps in this particular neighborhood are nearly impossible to place... a few years ago these houses sold for $4,000-7,000 each, but the real estate boom has certainly brought some change.
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17 November 2022 | 10 replies
Quote from @Babatunde Onadele Jr: @James Wise is the man to ask about Cleveland.This isn't the same situation as 2008 and the truth is that nobody knows what will happen.
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18 November 2022 | 22 replies
@Tyler McKown man, I wish I would have been thinking like you as a new graduate!
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30 November 2022 | 31 replies
Oh man some parts of Ohio are growing so well that rent prices are increasing fast.
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16 November 2022 | 17 replies
Nice man.
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22 November 2022 | 56 replies
I hope this helps man!
18 November 2022 | 26 replies
@Randy Glenn Hey man, sent you a message!