All Forum Posts by: Timothy Murphy III

@Chrystal T. 

Welcome to the forums.

I'm a big fan of what Cleveland has to offer, but I'm admittedly biased since that's my own back yard. I don't know anything specific about the Columbus market but I do readily acknowledge that many midwest cities have potentially excellent returns for investors.

Tim

@Kurt Winsley 

Welcome to Bigger Pockets!

Tim

@Greg Johns 

Hi Greg, welcome to the forums.

The Cleveland area may be worth investigating further. Rents are very high relative to acquisition prices so the possibility for substantial cash flow in the present exists here and in other midwest markets. I can't speak with much knowledge or experience about markets other than the Cleveland area, but feel free to bounce questions off of me.

Tim

@Joe C. 

Please PM, call, or email me re: the E 111th Street property. I may be able to offer some assistance. My contact info is in my signature block.

Tim

@Charles Worth 

I concur with @James Wise and @Isaac Rowe about Maple Heights. It's not my favorite area but some people target it pretty heavily for rentals and rehabs. The city has a reputation for being obnoxious to deal with.

I don't target that area specifically but I wouldn't shy away from something that made sense just because it's there either.

@Charles Worth 

Welcome to the site. What area of Cleveland is the property in?

Tim

@Raul Rodriguez 

Welcome to Bigger Pockets.

I'm a South Euclid resident.

Tim

@Mike Lee 

Welcome to BP.

Tim

@Rob Fordham 

Hi Rob. You start up an LLC by filing the Articles of Organization with the Ohio Secretary of State. I also typically recommend that the members (owners) have an Operating Agreement in place as well. This should give you a starting point for your research. Of course, my firm can assist you with this as well.

Tim

@Marco Ortiz 

Welcome to the site.

Tim