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All Forum Posts by: Alexander Valletto

Alexander Valletto has started 3 posts and replied 6 times.

Post: Letter for off-market properties

Alexander VallettoPosted
  • Real Estate Agent
  • Cleveland, OH
  • Posts 7
  • Votes 9

Tony,

I think this really depends on how YOU want to market yourself to the seller. If you are reaching out to an owner cold do something that is going to separate you from the crowd. The only way to find the best letter template is trial and error, start sending them out and see what works. I've had better success cold-calling owners rather than trying to reach them though mail. 

You could utilize ChatGPT to give you some examples for letters to owners!

Post: Title company and RE attorney recommendations

Alexander VallettoPosted
  • Real Estate Agent
  • Cleveland, OH
  • Posts 7
  • Votes 9

Hi all,

Does anyone have any recommendations for investor friendly RE attorneys and title companies in the Cleveland area? My next deal might involve seller financing and I would like to have people in place when it comes time to draw up a contract and close. I tried looking at posts from the past and they were all a few years old wanted something more up to date. Thanks!

Post: Ways to accept rental payments from tenants

Alexander VallettoPosted
  • Real Estate Agent
  • Cleveland, OH
  • Posts 7
  • Votes 9

I've been using Zillow to collect rent payments. Very easy to set up and it's free. I found my tenant using Zillow as well. 

Post: Prospective tenant wants to do Airbnb arbitrage

Alexander VallettoPosted
  • Real Estate Agent
  • Cleveland, OH
  • Posts 7
  • Votes 9

Thanks for the responses everyone!

I will not be moving forward with it. I agree that if I was to do this, I would just rent it out as an Airbnb myself. I also read a lot of other posts and the risks definitely don't seem worth it.

Post: Prospective tenant wants to do Airbnb arbitrage

Alexander VallettoPosted
  • Real Estate Agent
  • Cleveland, OH
  • Posts 7
  • Votes 9

Hi everyone! I’m househacking a duplex in Cleveland, Ohio

I’m currently screening tenants for the the bottom half of my duplex. 

I have someone interested who does Airbnb arbitrage, meaning they’ll rent it from me at our agreed upon amount and then they’ll rent it out as a short term rental. They would furnish the apartment, provide keyless entry, as well as clean it after each short term tenant leaves. I just don't know if the area I'm in has the demand to make this a profitable venture. 

Does anyone have any experience doing this? What are the risks with this? What kind of information would you ask for from the prospective applicant wanting to do this?

Let me know your thoughts, thanks!

Post: Real Estate Investing Groups in Cleveland, OH

Alexander VallettoPosted
  • Real Estate Agent
  • Cleveland, OH
  • Posts 7
  • Votes 9

Hi everyone!

I'm trying to network with other real estate investors in the Cleveland area. I plan on buying my first duplex on the west side that I will be house-hacking in the next couple months. I've been having trouble finding any meet ups/groups near me. If anyone is aware of any let me know, and if you have any experience investing in the Cleveland area I'd like to connect!