All Forum Posts by: Tim Debronsky

@Howard Maidens If I remember correctly this is a grey area, but I would stay on the safe side and consider in-laws as disqualified individuals.

@Howard Maidens Rich is correct the contractor doesn't have to be licensed, just a Non-Disqualified third party. Keep in mind disqualified individuals are only those of direct linear descent. So siblings, cousins, nieces & nephews, aunts & uncles are all considered qualified individuals and could be hired to do the work on a house owned by your IRA.

Welcome @James Noe!  Good luck on your investing journey.  Let me know if I can help in any way.  I"m here in NE Ohio too.

Welcome @Matt C.!  We flip, wholesale and have rentals here in NE Ohio too.  Let me know if you need any help finding great deals.

Welcome Scott!  I'm an Investor and Licensed Agent here in Cleveland.  Let me know if I can help you in any way.

@Dick Rosen Do you feel like Mike Butler's Investor Books Pro was a good investment?  It's pretty expensive.  Trying to decide whether it's necessary or just start with Quick Books Pro.  

@Erick Berthaldan

Welcome to BP & the Cleveland market Erick.  I'm an investor/agent here in Cleveland.  We buy single family rentals and fix & flips.  Our main focus is the West side.  Please email me any good deals you come across.  Let me know if I can help you in any way.

@Ali Boone I agree with Matt & Federico on this one. Cleveland is definitely no longer a declining market. There aren't very many markets where you can consistently get a 15-20% ROI investment property. It's a great market for cash flow not appreciation. I always buy for cash flow, appreciation is just icing on the cake.

Welcome to Cleveland @Michael Greene!  Great place to live & invest.  One of the Best Buy/Hold markets in the U.S. I come across a lot of great deals.  Let me know how I can help you with your new company.  

Hi Matt,

Welcome to BP!  Real estate is a great business to learn.  It sounds like you are doing a lot of the right things to launch your investment career.  You should never stop learning!  I'm a licensed agent/investor here in Northeast Ohio.  I find a lot of good deals and unfortunately I can't keep them all yet.  Let me know how I can help you.  

Have a great day!