All Forum Posts by: Lianne Ottaviano

Is anyone out there willing to be boots on the ground in Cleveland particularly old Brooklyn to check out the condition of a property?

 I wasn't sure that an inspector would have knowledge of the area and market rents.

My goal is to build a team starting with a realtor 

Do you mean in title because I did choose location 

Hello everyone. I'm looking to order on a deal in 44110. 
I am out of state and I'm looking for recommendation for someone in the area who is knowledgeable enough to check out the property for a rental. Condition, systems, the area etc. someone who can see red flags.

Realtor, contractor property manager etc. I am obviously willing to compensate for time and knowledge.

Hi everyone, I have a property for sale and I've just been asked about seller financing. I do have some mortgage left on this property. Is it possible to do this in Canada? Do I continue to pay the bank and just collect payments from the new buyer? any insight would be great. Thank you.

Investment Info:

Townhouse buy & hold investment.

Purchase price: $48,500
Cash invested: $3,000
Sale price: $75,000

LTR $1000/month
Refi this year with another property a

What made you interested in investing in this type of deal?

Location was said to be top 5 cities in America for LTR

How did you find this deal and how did you negotiate it?

Realtor.com contacted an agent. She walked the property with me on FaceTime and I offered from home in Canada

How did you finance this deal?

Cash deal

How did you add value to the deal?

Bought well, cleaned up, landscaped, property manager and time

What was the outcome?

But another in the same complex a year later, did the same thing cash them out as a blanket refi just recently

Lessons learned? Challenges?

I learned that condos and properties with lower value were extremely hard to refi.

@Evan Tuuk

I could use some help setting up systems for my LLC's. Can I reach out as well.

What to you offer a foreign national in the STR scenerio

@Brandon Beardt what is the best way to add someone to an LLC with the least amount of liability for them? I have a couple people I could add, but I don't understand what's in it for them and how I would approach it. Is there a way to have them in your LLC but not really be a partner in the daily activity.