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29 September 2021 | 18 replies
Your $100k is your 25% down payment and hold back some initial reserves and closing costs...find the market that meets your criteria for a C-class value-add MF property, build your team (starting with an agent), and pull the trigger...long-term buy and hold...drop all profits back into renovating units and forcing rents higher...take advantage of your equity in 4-5 years and buy another one.
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26 September 2021 | 3 replies
Obviously there were some caveats there... we didn't want F class properties, and we wanted them to be in at least descent condition.
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23 September 2021 | 4 replies
Further south into Brookpark and Parma, there are probably more working-class multi-family opportunities.
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23 September 2021 | 1 reply
Is the project a Class B value-add with minor improvements to reach B+ /A?
25 September 2021 | 16 replies
If someone is smoking, vaping, cooking strong smelling food, etc. they will smell it in the other unit.3.
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27 September 2021 | 21 replies
And then invite her over for a nice home cooked Dinner with all the trimmings.Even if she says no--just because she is your Mom.And get her a nice little gift--all wrapped up--maybe some perfume--she would like that.Then maybe you can sit and watch a movie together--she would probably like that too.And I know she doesn't come over to your house enough, because if she did--you would not have to ask this on a forum.Just My 2 cents.
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30 September 2021 | 4 replies
I wouldn’t lower the qualifications for your tenants, it’s better to wait for a class A tenant than rush to fill the vacancy.
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12 October 2021 | 14 replies
They are first class for sure.
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24 September 2021 | 9 replies
Meaning, somethings have to be done in writing and delivered by first class mail etc.
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3 October 2021 | 9 replies
Pick a solid B-Class suburban area.