All Forum Posts by: Mohammad Sheatt

Which Turnkey companies are you referring to? What kind of returns are they paying ? Depending on the property/neighborhood you are getting you definitely could get better cash flow as a do it yourself even with hiring a PM company. It is more work though 

@Ryan Poske I sent you an email after we met at the REIA fair. Did you get it ?

Sorry the previous post was meant for @Jay J.

Hey @John P. where are your properties located. I am interested in SFH properties in the east and north east areas of Cincinnati

Ronda Robb if your realtor can't forgo her fees then that comes out of her share of the profit.

if you are going to split the profit with her I think she should not charge you a commission to sell the property and she should do the rehab at cost. Which part of Ohio are your rentals ? 

I have few SFH that I am renting between $900-1100. I just came across this deal and need input. It is a SFH in. D+ area. It is 600 sq 1 bed 1 bath. The current tenant is paying $600/mo. He pays utilities/water/cuts grass. Ins and tax is about $1200/yr. the asking price is $18k and it needs $1k now for few minor fixes. I am paying cash. Is this a good deal considering you are dealing with another tenant for less total income even though the cap rate is more than 25% Thanks

Thank you @Joel Owens

This is a stand alone retail space. So I don't think there retail condo fees 

What about other details concerning retail vs SFH buy and hold properties ?

I have been investing in SFH (fix/flip and fix hold) I came across a small retail space that I am considering. it is about 1500 sq and listed at 40k and need 10k in repairs. it is devided into 2 spaces 900 sq rented to a hairstylist for 600/mo. the other space is empty but can get around 500/mo. My question to the community is what are the pros/cons of retail vs SFH? do you need a manager for the propery? who pays maintenance? is it easy to get out of later? is a lease to buy option with the current tenant a good exit strategy while generating income? Any input is greatly appreciated

Thanks @Sean Cole. Looking forward to working with you guys