All Forum Posts by: Kristopher Hanks

Yeah! I've already forgotten about the first two, j/k. I have already moved on trying to find the third one. 

Details, Details!

Today my agent informed me that I got my first two investment properties under contract. Still need to do inspections and walk through but they look promising. Hoping they will be cash flow machines for years to come.

#1: SFR 4 bed 1 bath with basement garage with renter in place paying $650 per month. Purchase price $22,000 all cash. Monthly expenses $230. Monthly cash flow $420.

#2: SFR 3 bed 1 bath with basement, central air with a long term tenant in place paying $600 per month. Purchase price $23,000 all cash. Monthly expenses $255. Monthly cash flow $345.

Yes! very nice @Jim Cran. I just got my first two houses under contract in Cleveland. Happened today in fact. 

@Connor Hale welcome. Good luck with your goals. You will find a lot of useful information here. It seems like everyone is willing to share their knowledge on this site. Take advantage of the webinars every Wednesday. 

@Jeffrey Capezzuto In my very humble opinion I think the Cleveland market is a great place to get started. 

@Account Closed said. 

I'm incorporated in Nevada and I am required to have a business license. My bank would not even let me open an account without a valid business license. 

@David Zheng, yeah what he said, trade secrets? 

@Brian Adams This is a great story. love it. Keep us posted on your deals. Need the motivation right now. Been submitting offers and it has been grueling even though these are small deals.