All Forum Posts by: Rahul Bhatt

Recently in! So hot many of these the ink is yet to dry on the deeds! Ranging from $5K to $60k in the following states. Send over the zip code you are interested in, and I'll check against the list.

I am versatile. I can either do an assignment or back to back closing. In either event I am direct to the seller and if necessary can put the asset under contract. Your non binding LOI (letter of interest) will determine my exit strategy.

These dont meet my primary buyers criteria, to be honest, but I get these types of opportunites 2-3 time a month. They don't meet my primary buyers list as is, but most of what I do has them in mind at the end of the day. Buy fix n I have a buyer for you, as long as you don't offer at retail on this level of properties.

AL; AR; CA; FL; GA; IA; IL; IN; KS; KY; LA; MD; MI; MO; NC; NJ; NM; NY; OH; PA; SC; TN; TX; VA; WI.

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Lakewood is hot I tried to acquire many times there but didn't make numbers work

I generally use 5% vacancy

10% capex

10%repair also look at the utilities and taxes taxes are pretty high in Lakewood

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There are lot of people have given you different suggestion. I will add my expertise.

the question is to ask

1. howw active you want to invest

2. how much knowledge you have for the rentals.specially when you go for out of state

3. What is the strategy? You want to invest in which class neighborhood.

4. What is the irr you are targeting?

there will be some properties cheap and some are costly question to ask why rent ratio or grm is so different. I am not saying which one is good or bad after that I will think about things like taxes property management and all. Things like How hands on you want to be ?

i was in the same boat from my experience it is way easier to manage property when you are local I also out of City but for different reasons.

i am located in Fremont please let me know if I could help you in anyway

riginallyy posted by @Shruti Jain:

We're looking to diversify and start investing in rental properties. So far, I've shortlisted these markets but not sure how to pick one from the below selection:

1. Atlanta

2. Austin

3. Charlotte

4. Reno/sparks

5. Dallas

Are there any other I should be considering? What are the factors I should keep in mind to make the selection? And, finally Once I identify a market, what should be my approach? Should I look for agents, property investment firms etc.?

Any advice would be greatly appreciated. Thanks!

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Can I take Residential Jumbo mortgage to buy a home and rent it to cannabi farmer ?

I am really confused

+ve it is like a investment property and it is like a Jumbo loan

-ve I know that bank can call off loan but I am more concern about voilating law or something

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This a great opportunity for Flippers. We bought this property to convert this to rental but tied up with some other opportunities so really dont have time to work on it if some one is willing to put some time and efforts than it would be great property. We are open for Joint venture as well. this is As is Sell Owner financing is possible

According to Zillow ARV is 99K but this home needs some heavy rehab .

couple of more things about the property

1. New roof installed this year

2. New exterior paint and Garage door

3. There was a fire in the kitchen that has done some damage

Please get in touch with me if you.

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Thanks @Matt I will be in touch.

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Sorry for the Subject I mean to say investing :)

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hi folks my name is Rahul bhatt I live in Fremont SF bay area but I invest in Cleveland Parma and Lakewood side. I have around 10 rentals in the area that got acquired over the course of last year.i learned a lot I got betrayed by pm company and contractor etc there are people that I highly recommend. I am thinking of creating of group of people more likely what's app or something. where people can talk and share information. as we all are out of state we can help each other. we all have very similar issue. please send me a pm with your phone number if you would like to join. Happy investing

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I am in the same boat learning and trying to start what I learn so far (coming from buy and hold business) 1. there is no clear market like mls where you have fair chance. you need to build network. 2. there are lot of people will try to sell you note if you are newbie.just to make quick profit . I am not saying it is bad but you should know it . 3. I would say try to keep looking for roi benchmark. start with performing and than try to go after non performing

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I will send you pm Originally posted by @Pari Thiagasundaram:

@Rahul Bhatt, I am from Fremont as well and invest in Notes. Feel free to reach out to me offline. Contact information is on profile.

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All Forum Posts by: Rahul Bhatt

Rahul Bhatt has started 39 posts and replied 268 times.

Post: Deals! 25-55% Of Market Value! Already Purchased From The Banks!

Post: First Rental, Duplex in Lakewood, OH

Post: How to pick a market for our first rental property?

Post: Marijuana Real estate financing

Post: Great opportunity in Parma ohio

Post: inveting in ohio and living on sf bay area

Post: inveting in ohio and living on sf bay area

Post: inveting in ohio and living on sf bay area

Post: Learning note investing by investing in notes

Post: Newbie in the Notes investment