All Forum Posts by: Maurice White

Hi Justin, Is there any plans to resume this Lehigh Valley meet-up possibly virtually? 

Hi 

I'm looking at investing in a multi family property located on Sycamore Rd. I'm an out of state investor. I believe it's a good area. I wanted to get thoughts on what type of tenants I can potentially attract and the potential rents I could get from a property in that area? I'm really looking to rent to college students and resident drs at the hospitals near by.

Also if you have any pros and cons about the area. Any and all insight is valuable. Any insights provided is much appreciated.

Thanks everyone for the advice. I'll definitely take everything that was said into consideration. 

@Nathan Klettlinger I'm investing in Maple Heights. My family has been there for years and I know the area. 

Hi, I'm a new real estate investor who is currently under contract for my first duplex in the metro Cleveland, Ohio area. The property is currently 100% rented. I used many different scenarios in my analysis of the property and it looks like it could cash flow anywhere from 250-300 per month. However, I'm running into some obstacles in the "due diligence" stage of the process. I've requested the rent roll, expense report, and the leases of the current tenants from the owner. I was told I had to contact the current property manager to request the information. I've been given the run around from the property manager on why he can't release the information to me. Finally, my real estate agent tells me the owner is basically not willing to give authorization to release this information to me because all the numbers were provided in investment document on the MLS. My gut tells me not to trust those numbers and confirm everything. I can't walk away from the deal though without losing my earnest money for this reason because I didn't include it in my contingencies when I made the offer.

I plan to have the tenants complete an estoppel agreement to find out what the current terms of each tenants lease. Is there any others ways to go about obtaining the rent roll and expense report? Is there anything else I should be considering? Or am I making a bigger deal than I should about this? Any advice is much appreciated. All I want to do is confirm that my analysis was correct based of the information that was listed on the MLS.

I'm a new investor, still looking for my first rental property. I'm originally from Cleveland, OH and I currently live in NJ. I'm looking to invest in multi-family property in Bedford, OH. Can anyone tell me the pros and cons of investing in this area? Is there point of sale inspection and  would I have to obtain a rental license to own rental property in the area?