All Forum Posts by: Adam Curry

At some point moving forward, I'll be using the "cost of college" as a way to get more buyers to purchase multi-family properties. If parents would buy even a breakeven multi-family property the day their child is born, they would be able to offset some serious college debt down the road if they were to sell. And obviously, if they were able to find the right property in the right neighborhood, though the services of the right agent, (me, wink wink, haha) they would be crushing it. Once my first child is born, I'm buying a property on a 15 year loan, and naming it after them. I think I'd like to make them manage the property as well for 2-3 years before they are able to sell it. 

Has anyone else ever had this thought as a way to pay for college? 

I've written a pretty in depth report on Madisonville if anyone would like to see it. Basically summarizes all the developments going on and how Madisonville is surrounded by strong neighborhoods. 

As far as the other neighborhoods, our Mayor really is pushing the development in East Price Hill. Westchester, blue ash, mason and those others are always pretty strong. Not sure how many opportunities come up there though????

Pleasant Ridge, Walnut Hills, Mt. Auburn, Madisonville, parts of Oakley that have yet to turnover. Those are a few off the top of my head. 

Agreed with Sean, as an RE agent I still actively work in the A neighborhoods because the rents continue to climb as do the sales price but people keep buying them.. You would have to get a steal to get the kind of number in our A neighborhoods that Sean just mentioned he's getting in Colerain (obvious comment by me). A lot of people parking money if you ask me. Or first time investors that don't want to take risks in lesser neighborhoods, but by making purchases in our A neighborhoods I feel like it's just as big a risk... There are some other great neighborhoods that are starting to pick up momentum in Cincinnati proper as well, less competition at this current time, and still providing solid returns. 

Good luck coming into Cincinnati Todd!

Max, I've got some contacts for you as well. Great photographer around $100. $125 if rushed. Have heard good things of Jim Elmore too. No personal experience though. 

Curious about location too. Also interesting stuff about the code violations. 

Hello everyone, I hope I'm posting this in the right place. I've been working on a property owned by a bank for about 5-6 weeks now. I finally made contact and am in communication with the bank. Scenario is this: property foreclosed about 2 1/2 years ago, bank turned property over to HUD, HUD turned it back over to the bank and it's been vacant for about 2 - 2 1/2 years. The bank responded to me that they may sell it before turning it back over to HUD. I should submit my highest and best offer, properties are sold as is, no commissions, no warranties. I responded with, "do you know what price range you would consider selling and would I be able to gain entry to look at the property before submitting an offer?" they said, " no, it's a liability for us to grant you access"

So my fear is that I'll be submitting an offer on a property with no knowledge of the foundation and structure. Of course it has glass block windows and I can't peak in the basement. I have no idea where to start with a bid on this??? I don't want to go too low and have the bank say F off and I don't want too go too high for obvious reasons. 

Any thoughts? Any experience? Thanks for any help! 

Yoav, I'm a Cincinnati agent that primarily works with investors. I'll shoot you a colleague request and see if we can set up a time to talk sometime this week. 

 Julie, if I'm going to send out 1,000 letters to be hand addressed and hand signed, what should I expect to pay? Thanks! 

Thanks for the quick response Claire and Justin. I already have a list of property targets right now. Some of them have numbers and emails associated with them, some do not. The ones that don't, I'll be mailing a letter with a few personal touches to it. I'd really like the delivery addresses to be hand written and my signature to be hand signed. 

Past that, I'm familiar with mail merge, but I really don't want to be involved in the process of printing them off, and personalizing them. I'd like someone else to hand address them and I can hand sign, then I want someone else to stuff them. 

I've been doing some on my own over the past 6 months, but staying consistent is tough. I also want them to NOT look like automated mail that comes in the masses. 

Any thoughts?