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All Forum Posts by: Jordan Fiore

Jordan Fiore has started 7 posts and replied 144 times.

Post: Real Estate Investor Tips!

Jordan Fiore
Posted
  • Real Estate Agent
  • Cincinnati, OH
  • Posts 154
  • Votes 130
Originally posted by @Adam Walter:

#1  Tenants/Contractors/Neighbors, etc will stir emotions in you that you didn't know you had.  Don't make business decisions when you are emotional.  Sleep on it, talk it over with someone, calm yourself down and then make a intelligent decisions on what's best.

#2  Look for business decisions that are best for everyone involved in the outcome.  For example when a tenant is behind in rent and I don't think it's not going to work out, I give them 2-3 options that I am willing to accept and have them pick one.  

  1. If you pay me $ by Friday, you can stay
  2. I'll give you $ if you leave the house by next week (cash for keys, I'd rather give a cooperating tenant $200-300 than a lawyer)
  3. Do nothing and sheriff puts belonging on the curb.

The tenant is the one who picks the option.  I didn't evict them; they choose that option.  I makes hard situations go a lot smoother.  I've had tenants who've I've evicted, call me a year later to see if I'd rent to them again!  

 Great input! We would not see this typically in another article. I appreciate your time and response on the matter Adam.

Post: Real Estate Investor Tips!

Jordan Fiore
Posted
  • Real Estate Agent
  • Cincinnati, OH
  • Posts 154
  • Votes 130

Hi Everyone, I am looking to do another fun post and ask for some feedback from the more experienced SFH or MFH(2-4 unit) investors. What are 1-3 most important tips in Real Estate Investing that you wish you knew when you first started out?

Post: Best "up and coming" areas in Cincinnati!

Jordan Fiore
Posted
  • Real Estate Agent
  • Cincinnati, OH
  • Posts 154
  • Votes 130
Originally posted by @Sandra Morrison:

@Jordan Fiore

I also like the Walnut Hills area with the new breweries and its walkability, proximity to Eden Park, downtown and the river.

I 100% agree with you! This was going to be my next area on the list.

Post: Best "up and coming" areas in Cincinnati!

Jordan Fiore
Posted
  • Real Estate Agent
  • Cincinnati, OH
  • Posts 154
  • Votes 130

Hey Everyone! I just wanted to do a quick, fun post to see which areas are everyone's personal favorites for "up and coming" here in Cincinnati. Just make a list of your top areas, you can also add some explanations if you would like. I will go first......



1. Madisonville (New construction going up fast, surrounded by the best areas in Cincinnati)
2. Mt. Auburn (New construction, Close to Findley Market and downtown)
3. Norwood (All of Norwood is being fixed up and made new, close to Oakley and Hyde Park)
4. Northside (A lot of construction going up over the next few years)
5. Westwood (NOT East Westwood) (Closer to the Westside Brewery the better)
6. St. Bernard (Close to Northside, I think this will become much better)

7. East Price Hill (Closer to incline district the better, close to downtown)

Post: East Price Hill TurnKey Investment

Jordan Fiore
Posted
  • Real Estate Agent
  • Cincinnati, OH
  • Posts 154
  • Votes 130

A lot of other variables need to be taken into account but strictly looking at numbers. I would say the 1% rule should easily apply in this area. $140k property should have minimum $1500 rent per month with those same expenses. Just ballparking the numbers here. Obviously have wiggle room there based on the state of the property.

Post: Cincinnati, for Investment now?

Jordan Fiore
Posted
  • Real Estate Agent
  • Cincinnati, OH
  • Posts 154
  • Votes 130

Hi Naveen,

Values have definitely increased but there is still a lot of opportunity here in Cincinnati. It just depends on the areas you are looking to invest in and the specific property. -Jordan

Post: East Price Hill TurnKey Investment

Jordan Fiore
Posted
  • Real Estate Agent
  • Cincinnati, OH
  • Posts 154
  • Votes 130

Hi Noel,

I would have to agree with Jeremy that Cash on cash should be a bit higher in this area. I do like the East price hill area for long term investing though. (Close to downtown, Incline District is growing, property values are fairly low) -Jordan

Post: Neighborhoods for Rental properties in Cincinnati Oh

Jordan Fiore
Posted
  • Real Estate Agent
  • Cincinnati, OH
  • Posts 154
  • Votes 130
Originally posted by @Timur Salikov:

Just moved back to Cincinnati to rehab a 3 unit. I would say everything in Cincinnati is growing in value at a high rate. The more you get into the suburbs, the less growth appreciation so I would stay in the city. If it was me, I would look at the hip areas where the youth is moving to, they have the highest rate of growth. With that comes a lot of crime reduction, but not totally crime free. Nothing bad, just some car break in type of stuff. Here are the areas I would pick:

1. Incline District of Price Hill
2. Northside (the closer to Northside Tavern the better)
3. Oakley (nice area but might already be too expensive) 
4. The West End near the new soccer stadium
5. South Fairmount (used to be the worst area but the city just spent 1 billion on the park river revitalization)
6. Clifton (great area, might be too pricy now)
7. West Price Hill (used to be a bad area but now being rediscovered, lot of potential for growth)
8. St Bernard
9. Norwood (parts are sketchy but has good streets, close to Hyde Park)
10. Northern Kentucky, Bellevue, Newport, Covington, Ludlow 

This list should get you started, I can think of a couple more areas that are kinda rough now but have huge potential for gentrification. 

 Fantastic list! I would also add the Evanston and Avondale areas. 

Post: Cali Investor coming to Cincinnati!

Jordan Fiore
Posted
  • Real Estate Agent
  • Cincinnati, OH
  • Posts 154
  • Votes 130

Hi Beda, I would be more than happy to sit down with you. I could definitely be of assistance and if not, it is always great to network! Hope all is well. -Jordan

Post: Plans on Starting in Louisville/Cincinnati – Suggestions?

Jordan Fiore
Posted
  • Real Estate Agent
  • Cincinnati, OH
  • Posts 154
  • Votes 130

Hi Evan,

You are for sure ahead of the ball. Getting all of your research and due diligence done up front is the key. I do agree, owner occupied is the way to go. Less down payment and they have great rates as well. I would recommend browsing certain areas in Cincinnati in person as well. You have multiple resources in these forums, so reach out to anyone that might be of service to you. 


Jordan