All Forum Posts by: Paul Amegatcher

Please help. I am going thru a similar situation on a rental property. The house has been in my name for 10 years but the house has not be forclosed on.

@Christopher Phillips

Thanks for sending the link I'll check it out!

Hi Everyone! I am a newbie in the real estate business, I am in college but I have always been interested in Real Estate. I want to start off with Wholesaling as I have read that is usually where people begin. I have absolutely no capital to start investing in property so I think this might be a great chance to gain some cash first. But I have NO IDEA how to begin. Like do I need to build a website to market? Is it even legal to wholesale in Florida without a license (as I read in other posts)? I just really don't know how to begin. I would very much appreciate your help if you can give me some tips and guidelines on how to start. Thank you so much! 

Hi BP Community!

One of my SF in the Dayton, OH is reporting bed bugs.  They moved in December 1, 2016 and just reported it to my PM this week.  I know it wasn't infested 6 months ago, and I have always made repairs in a timely manner once reported.  Tenant is insistent that it wasn't him, and expects me to pay the $2600 treatment.  He also wants to sue for damages of mattresses thrown out, furniture, etc.  In this area we have seen an uptick in bed bugs, but he's been living there long enough for a judge to side with me.  Any ideas on how to help my Property Manager defuse the situation before court even happens?  I'm so over this tenant!

Thanks all!

Here's an example:

http://www.loopnet.com/Listing/20379600/258-Northw...

4 Units Multifamily For Sale Located in Harrison Township - 117k. The listing claims that its currently fully occupied with an average of 500/m rent per unit.

There are a few other examples, but if that is the case, that's 117k thats doing better than sitting in my bank doing nothing.

What am I missing here?

Thanks again Brett

G'Day everyone,

I'm letting loose with acquisitions in the Dayton and Cincinnati markets.

Here are my areas of interest:

45204 - Cincinnati - Price Hill (Currently rough but I'm willing to be the black sheep and jump in before the others. It's just too close to Downtown in my eyes so it has to turn eventually. Maybe this is the next Over-the-Rhine?)

45205 - Cincinnati - West of Price Hill (Don't know much about this region but it's neighboring to Price Hill so if Price Hill turns, so might this)

45403 - Dayton (St Anne Hill) - The first few rows (Closer to Downtown) seem to have been bought up so looking at going further West toward Burkhardt. It does get pretty rough quickly the further West you go tho.

45405 - Dayton (North East of Grandview Medical) - Very rough but so bloody close to Dayton. Bought a few here and am seeing "live" renovations happening on a daily basis by other investors. I really see potential here especially if I just buy up the entire area. Monopoly much? hehe

45410 - Dayton (South Park) - Yes and yes all day long. Great stuff happening here. Love Coco's and it's amazing how much just that area has turned over the years.

45409 - Dayton (University) - Don't know much about this pocket but with any property close to a University is usually steady cashflow. I'm basing my philosophy here due to the Toledo market and how hot East of the UT is.

I'd love feedback from all of you Dayton and Cincinnati investors. Even folks looking to invest those markets.

What are you buying?

Where?

Why?

Lets get a conversation going.

Any wholesalers, feel free to bring deals. I have the cheese (cash) and close quicker than you have ever experienced.

Thanks and I'm looking forward to hearing from you

@Paul Amegatcher, I'd actually be curious to hear more about how your list works and how you vet who you're mailing out to. You mentioned above that you use tax-delinquent, but I'd be interested in other things that stand out for you, if you're willing to discuss them further

I actually say that because, randomly, I have received a couple of your mailers (3-4, I think, so far for one of the addresses in particular, and 1-2 for another couple addresses) for my properties in Dayton and always wondered how I popped up on the list. I fit under the "absentee" category, as I don't live near the properties, and there's certainly value and equity in the houses from what I bought them for, but they definitely aren't tax delinquent. 

Anyway, just a small random crossing of worlds and figured I'd reach out.