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3 September 2024 | 12 replies
Hi Yu Jin,Dayton is a step up from Toledo but also comes with a step up in price.The numbers make sense in many Ohio cities.You make money when you buy and not when you sell.So look for off market (We do a lot of direct to seller), negotiate hard, buy with cash and buy quickly.Great deals don't last so you need to know the numbers very well in your target market.I've flipped hundreds of properties in Toledo since 2014 and am glad to say that I know the market like my back pocket.All I need is the address, scope of work and how much I can buy it for.Quick access to AREIS, the MLS to run comps and "ka ching".I know if it's a deal or not.Immerse yourself in the market and become a market expert on the numbers.Nothing comes easy mate and all good things take time.If you are looking to build a rental portfolio in Ohio you have to build a big one.Buying 1 or 2 properties and expecting a significant impact to your bottom line from a net-worth or cashflow standpoint isn't worth the risk IMO.In all sub $100,000 markets, it's important to build a large portfolio as there is a high likelihood that you will have repairs and vacancy on 1 or 2 properties at any given moment.Just my opinion and all the best.
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1 September 2024 | 0 replies
During May, net absorption totaled 52 units, while there was no new development; the net effect of absorption and construction dynamics caused the vacancy rate to remain unchanged.
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2 September 2024 | 34 replies
I guess my original post should have been, "What is the best way to get started in real estate investing today, with 20k to invest?"
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3 September 2024 | 5 replies
Hi Anabel,If you do decide to invest in Alberta, Edmonton specifically I can do my best to answer any questions you have.
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2 September 2024 | 5 replies
Hopefully the ADA issue isn’t to much of an issue - but you could ask them about that as well.All the best!
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31 August 2024 | 4 replies
Purchase property at today's current rates and relatively lower property prices then Refinance when rates drop. or 2.
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30 August 2024 | 6 replies
.), you do not need any forms—just keep track of your spending to share with your tax advisor at the end of the year.The best way I’ve found to keep track of expenses is through a credit/debit card that is dedicated ONLY to your business.
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5 September 2024 | 11 replies
Best of luck on your investing journey!
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4 September 2024 | 9 replies
One of the best PMs I've met in Florida.