All Forum Posts by: Joshua Hively

BP Family!! I am trying to make sense of how a property can be listed on the MLS, then a few days later the price increases $10,000 or $20,000. If there was a demand for the property wouldn't the seller just accept one of the offers at the initial listing price or go for a highest and best? Thanks for your insight!! Couldn't do this without y'all!

Did you end up purchasing this property using your FHA loan? And what role did your realtor play and who paid them? Thanks!

@Brian Stropki Welcome! I am in Worthington. Currently spending alot of time networking and am about to start swinging on some deals. No real solid referrals at this point but if you ever want to get together and talk real estate, feel free to reach out!! See ya around!!

@Lawrence Rutkowski Did you ever go through with this deal? How did it work out?

Hey John, thanks for your service! The VA loan is going to be one of your "unfair advantages". Try to get the most out of it and keep an open mind. Consider triplexes and quadplexes to get even higher returns! Good luck!

Posted my question!

I agree with everyone! The other thing to consider is on paper or in multi family properties, this can actually lower the value of the property. 

Thanks for sharing! It is always good to be reminded of the why. I am in a similar situation, renting a bedroom in a co workers condo. Often times my lady and I get frustrated living hear but it has allowed us to build the capital to start investing in real estate. On the down days we have to just revisit the why and keep pushing forward. Your "why" will probably not change much, but your "how" and "timeline" likely will.

Thanks for sharing. Helps add some perspective to this whole REI thing.

In my opinion, cash for keys makes good business sense in some markets and not in others. I live in Ohio, which from my understanding, is a more landlord friendly state. Its possible to go through with the eviction in a similar time and for a similar price as cash for keys. I do not however agree with folks using cash for keys frequently in lieu of proper tenant screening. The wolf disguised as one of the sheep should be caught in the next round of tenant screening if the next landlords are checking references and credit.