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All Forum Posts by: Nicholas Salman

Nicholas Salman has started 19 posts and replied 107 times.

Post: Contractor ran off with my Money.

Nicholas SalmanPosted
  • Lender
  • Ohio
  • Posts 113
  • Votes 77

Damn brother I am sorry to hear that. Did he sign a contract and do you have a lawyer you can speak to in this instance?  I'm sure most people have said this but just wanted to post and wish you luck.  Also, karma will be there.  In the grand scheme of things this will be such a minor inconvenience for you in all your future accomplishments and unfortunately this guy will probably have the hardest time getting another job again.  It's easy to say but try your best to let it be water off your back, my friend.

Post: Prospective tenant checks all boxes but has bad credit

Nicholas SalmanPosted
  • Lender
  • Ohio
  • Posts 113
  • Votes 77

Her credit could be supbar due to many different reasons, not all being entirely her fault.  You are smart to assess risk though.  Being a landlord I tend to be lenient on credit and more stern on character and financial stability.  Maybe get more info on her job and how long she has been there.  At the end of the day we are all human and I have had tenants with perfect credit scores who treated the place worse.  Hope this helps and wish you the best of luck!  We all need a place to live

Post: Multi families , where are they ?

Nicholas SalmanPosted
  • Lender
  • Ohio
  • Posts 113
  • Votes 77

Hey, Bob it has definitely been a challenge. Are you specifically only looking in Cleveland?

Post: New to Cleveland, Seeking advice

Nicholas SalmanPosted
  • Lender
  • Ohio
  • Posts 113
  • Votes 77

Hey, CJ, I have family out in Cali that invest in Cleveland as well and I help them with that.  It really is a great market but yes if you are not from here it can be a little tricky.  Please reach out if you hav any questions.  Would be happy to help as I have lived here my entire life.

Post: Networking In Cleveland

Nicholas SalmanPosted
  • Lender
  • Ohio
  • Posts 113
  • Votes 77

Hey, I love networking in Cleveland.  We are fortunate to have alot of down to earth people here in this industry.  Let's connect!

Post: Start to invest in Cleveland

Nicholas SalmanPosted
  • Lender
  • Ohio
  • Posts 113
  • Votes 77

Hey, Sergio, that's amazing news for you.  Believe it or not so many people are investing in Cleveland out of state just as you are.  If you're on bigger pockets, you are in the right place with this community.  Keep learning and growing and you'll do great.  Utilize the people here as resources and just build connections!  You will do great

Post: Timing the market. Wait or buy?

Nicholas SalmanPosted
  • Lender
  • Ohio
  • Posts 113
  • Votes 77

Hey Adriaan!  Congrats on getting started on your real estate journey. To be honest, in my opinion, there is no such thing as timing the market.   Taking advantage of opportunities is very real but no one really knows what will or could happen.  I would stick to the thought that if it's a good deal, its a good deal.  I would love to talk more and see how I can help.  Let's connect!

Post: Help I’m new to this

Nicholas SalmanPosted
  • Lender
  • Ohio
  • Posts 113
  • Votes 77

Hey, Cassandra, congrats on getting your journey started!  This is an awesome community.  Starting here is great, also taking the time to read some of the bigger pockets books are great.  There are several different books, youtube videos, and resources that are at your disposal.

Post: Trying to progress in Cleveland

Nicholas SalmanPosted
  • Lender
  • Ohio
  • Posts 113
  • Votes 77

Hey, Anthony!  I can definitely understand feeling overwhelmed but even more so I can relate to the analysis paralysis.  I always say if it's a good deal, it's a good deal.  Keep an eye out and keep doing walk throughs and looking at as many properties as you can, that way you can get a feel for your niche and the current market!  Let's jump on a call and connect man.  Would love to hear more about your journey!

More important once it comes time to a cash out refi on the property if that's the avenue you're going down