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All Forum Posts by: Account Closed

Account Closed has started 1 posts and replied 6 times.

Post: First-time Investor: Out of State (unseen)

Account ClosedPosted
  • Philadelphia
  • Posts 6
  • Votes 3

Thank you all! This is very useful information, more so that I am starting my RE investing journey. I will disregard this property and do my due diligence based on the advice and the BP Forums, before taking the leap in 2024. 

Post: First-time Investor: Out of State (unseen)

Account ClosedPosted
  • Philadelphia
  • Posts 6
  • Votes 3

I was aiming for 10-20% of the ARV, though I am aware this may be dependent on the market.

Post: First-time Investor: Out of State (unseen)

Account ClosedPosted
  • Philadelphia
  • Posts 6
  • Votes 3

Thank you, Eric! 

Post: First-time Investor: Out of State (unseen)

Account ClosedPosted
  • Philadelphia
  • Posts 6
  • Votes 3

Thank you, Vadim! 

Post: First-time Investor: Out of State (unseen)

Account ClosedPosted
  • Philadelphia
  • Posts 6
  • Votes 3

Thank you for your response, very informative! 

Post: First-time Investor: Out of State (unseen)

Account ClosedPosted
  • Philadelphia
  • Posts 6
  • Votes 3

Hi BP community, 

I have been looking at properties within the $20,000-$30,000 range in Cleveland to do a flip. Alternatively, to rehab then STR or MTR. I prefer a flip first to make $ to do my first buy and hold. I have come across a few properties online and I am talking to agents but given that I have no experience, does anyone have advice on how to get started in OOS investing/flipping, gut rehabbing, finding a trustworthy contractor in Cleveland etc.