Good evening,Just saw Cleveland, Ohio has relatively inexpensive houses which has the potential to cashflow. I'm looking to investigate this market a little further and wondering if anyone can help me out. I would lik...

My dude is the best, happy to connect you!

Let me know if you’d like to chat and start building connections before you’re ready to buy!

Converting your condo into an investment property and transferring it into an LLC is a smart move for liability protection.You’re correct that retitling the property involves Chicago’s transfer tax, which can be substantial.

Sometimes, properties owned by non-profits have deed restrictions, zoning conditions, or agreements tied to their use.Tax Considerations: Non-profits often hold tax-exempt status, so you’ll need to ensure that taxes are assessed correctly once ownership transfers to you.Potential Public or Internal Scrutiny: If the transaction appears to undervalue the property or is perceived as exploiting a non-profit’s resources, it could lead to reputational risks for you or the organization.

It would be Jan income.He only knows about it, but if an accountant is just running his books on QBO or another platform and only connect with the feeds.

Yes, I have an outlet for it but not the water connections.

Granted this was on plots of land I didn't pay for, and that are already connected to the city's water and sewer, so there's a lot of savings there, but I'm hoping if it turns out to be this good of a deal I can still scoop up land and keep going

Hello Zachary,  You are correct in looking at the Mid-West for cash flow. 

Focus on connecting with the ones who add the most value and ask for the least from you.