All Forum Posts by: Kaleb Ashby

@Chris Seveney

I have a call scheduled tonight with my partner.

I’m gonna ask what can be done to the property to increase value?

As Well what are the Association fees? 

Is there any other questions you’d recommend I ask or should I just cut my loses?

@Chris Seveney

Right, However there is little to no rehab. I was looking to sell it as a rental. According to My JV Partner the Condo Association has no issues with that.

Is there any way I could send you our agreement? See if anything stands out to you. 

@Chris Seveney

I Have never met the guy personal, I did a Background check only things I see are 2 SAM Exclusions. 

The deal is a 2 Bed 2 Bath, High rise condo, 1400 sqft 

ARV: 300k

Asking: 279k 

He is a wholesaler, but I have not seen any contract between him and the seller. Other than her name on our Joint Venture Agreement. 

He agreed to split all Net Profits 50/50

He seems like a standup Partner. But they all do so appreciate the feed back!  

@Chris Seveney

Thanks Chris! What if the 350$ goes into escrow? Should I still ask to see the assignment contract? How do I know if I am truly getting 50%?

Hey BP! I was wondering if someone would be will to review a JV contract I just received. The investor is asking me to pay 350$ in earnest money on the contract is this usual? It's also a condo so should I ask to see the assignment contract? Any help would be greatly appreciated!

Hey BP, I am a investor in and around Columbus, Ohio. I am looking for an agent to provide me with CMA's.

Hi everyone, My name is Kaleb and I am a new realestate investor out of Northeastern Ohio. I have been in the research stage of my journey for about 3 months now. I have decided to try wholesaling as a way to gain enough capital to get my first buy and hold property. I have run comps on multiple deals and believe I have found a few. However I’m not sure weather to get it under contract then find my cash buyers. I know in Brandon’s book “ Investing in real estate with no and low money down”. He talks about this but I can’t seem to get in contact with any in my area. Any advice please reach out.

@Kaleb Ashby, The house was built in 1955.

Hi Investors, My Girlfriend and I are looking at buying our first house. It is a single family ranch style home built in the 1970’s. The house is outdated but has been updated in the majority of the capital expenditures. (Newer roof, Well, Etc.) However the house wouldn’t pass an appraisal from a bank. There is a hole in the basement from the old Well and a leak over one living room window. We have an agreed price but my finance plan fell through and I can’t seem to find anyone that can work with us on a 203k loan or a renovation loan. I would love some advice on this property.

Purchase Price : 50,000

Rehab EST. : 10-15,000

ARV: 80,000 - 90,000

Down payment Available: 3,000

Current credit score : 660’s