All Forum Posts by: Mark Neff

Welcome Tyler, something that has really helped me is to join Reia of Greater Cincinnati. So many active investers to talk to as well as a lot of valuable information. what kind of investing are you interested in?

Great Job man!! Also I love Mark Hutton. Hes a great guy! 

Wow! Just Wow!!! Beautiful deal, Great job man!!

Investment Info:

Small multi-family (2-4 units) buy & hold investment in West Alexandria.

Purchase price: $70,000
Cash invested: $20,000

Money making Tri-Plex. One unit upstairs rents for $450.00 one bedroom one bath. 2 units on the Ground floor rents for $500.00 each . both have two bedrooms and one bath.Roof replaced in 2019 , leach field replaced in 2019.

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

it was poorly managed and way under market rents.

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

the MLS

How did you finance this deal?

Conventional loan

How did you add value to the deal?

new paint and several upgrades throughout

What was the outcome?

great cash flow and equity

This has not effected me at all. I recently sold my flip above asking price in less than 10 hours. I'll be buying my next flip today to get started on. Before this Corona virus there was a housing shortage, and after this craziness has calmed  there will still be that need for housing and most likely even more of a demand than before. Only if this "stay-at-home-order" last longer than a month will we see a market crash. I could be wrong but I doubt that the government will try to fix one problem just to create a much larger one. I am continuing to invest in flips as well as rentals if all the numbers make sense. Come Julyish i believe that the real estate market will be booming like we have never seen before.