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Updated almost 6 years ago on . Most recent reply

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Tudor Pop
  • Rental Property Investor
  • Windsor, ON
5
Votes |
7
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Out of town investor visiting CLE looking for good contacts

Tudor Pop
  • Rental Property Investor
  • Windsor, ON
Posted

I'm in Cleveland for a few days, wouldn't mind meeting up with a few people. I'm visiting from Canada. Would like to talk to a good realtor(ideally someone that's also an investor themselves), a good property manager, good contractor.  I'm interested in:

1. Acquiring some properties in the 50K range with best cashflow ideally looking for 500+/month net (after all expenses including maintenance, taxes, financing).  I've seen some properties with rent around $1000 in that price range online so seems doable.  I would appreciate any advice.

2. Flips.  Off market vs mls.  There are many wholesalers with deals that have promising ARVs however need some local expert advice to see if these ARVs are realistic and some pricing on doing the work.

As mentioned I'm in town for a few days, send me a message and I can give you a call.  Thank you in advance.

Most Popular Reply

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Federico Gutierrez
  • Realtor
  • Cleveland, OH
857
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2,081
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Federico Gutierrez
  • Realtor
  • Cleveland, OH
Replied

1. Acquiring some properties in the 50K range with best cashflow ideally looking for 500+/month net (after all expenses including maintenance, taxes, financing). I've seen some properties with rent around $1000 in that price range online so seems doable. I would appreciate any advice

Maybe in a D area, or you'll be picking up a property and assuming all the POS violations which than would take your purchase price, escrow money and repairs up to like $70000

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