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All Forum Posts by: Rahul Bhatt

Rahul Bhatt has started 39 posts and replied 268 times.

Transaction is in Ohio 

Originally posted by @Chris T.:

@Rahul Bhatt

It depends on your contract that is signed by both you and the seller. That's why your attorney has to get involved.

You do have a buyer's attorney, don't you? 

 I will find one thanks

Originally posted by @Chris T.:

@Rahul Bhatt

Get your attorney involved. When you wrote the check for the EM, who did you write it to?

That's where your escrow money went. 

 I wrote to my broker.thats what I am thinking now. My biggest question is who decide we are right or seller is right. 

We are under contract for a house in Cleveland area we had inspection contingency after looking at disclosure and price point we decided to move out of the contract. before removing inspection contingency. Now seller wants to keep escrow money. 

My agent dont tell me where the money is. is it on the escrow account, he is holding or with someone else or to seller. He waited for two days until check is cleared and now he  is not responding to my call and emails (not answering my question)

Any help will be greatly appreciated.

Post: Hello Investors!

Rahul BhattPosted
  • Fremont, CA
  • Posts 289
  • Votes 63
Welcone Matthew I m in Fremont as well lets connect.

Originally posted by @Matthew Hagerty:

Good Day! I am a real estate investor who has been involved in 4 deals in the last 3 years. I have flipped a couple of single family homes and currently own and rent out 2 houses. My background is in engineering and construction. I have a masters degree in structural engineering from UC Berkeley. My current full time job is a project manager and structural inspector for a residential construction company, located in Gilroy, CA. I currently live in Fremont, CA. I am interested in all sorts of projects. I can provide capitol, construction and project management experience, along with inspecting the properties. My goal within the next year is to become a full time real estate investor. I am very interested in teaming up with people who are hard working and are integrity driven. I am really excited about joining BiggerPockets and taking the next step to financial freedom. Feel free to message me. I am looking forward to it.

Post: Brrrr in the Ohio area for an out of state investor

Rahul BhattPosted
  • Fremont, CA
  • Posts 289
  • Votes 63

i am in the same boat. One of the property I come to know in Cleveland area that is 50k less than zestimate even with 20k more money for repair I should be able to get a good equity. I have done bunch of local rehab locally it will be first time remote. no matter what I will a lot 

I invest in Cleveland please let me know if you have some questions
Originally posted by @Guru Thapar:

Hi all
I looking to invest out of state, I live in Los Angeles and am looking at either Cleveland, OH or Wisconsin. 

Does anyone have recommendations for agents and management companies? Also, does anyone have experience investing in either market ?

Post: Newbie from Sunnyvale - San Jose - Bay Area CA

Rahul BhattPosted
  • Fremont, CA
  • Posts 289
  • Votes 63
Welcome Rohan 

Originally posted by @Rohan Attravanam:

Hi all,

I'm Rohan Attravanam, a total newbie into Real Estate Investing but very passionate about investing and personal finance in general. Financial Freedom is why I wake up everyday :). I'm so excited to have found BP and love the vibrance in the community. Feels awesome to be part of it!

I'm reading up on tons of material on site, listening to podcasts, attended most recent webinars by Brandon (Analyzing Rentals). Obviously overwhelmed by so much wealth of knowledge. I'd love to get started and act. Step 1 is to absorb as much info as I can. But step 2 is creating my action plan of networking and choosing a strategy to go after.

Bay Area is a very expensive place to invest for newbies like me. I've family in Cleveland - Ohio, Cary-NC and Tampa - FL areas where I might consider investing for multi family rentals. I'd like to set the following as my goals and would love inputs on my thoughts:

  • Network locally to understand the industry
  • Start off with a couple of Wholesale deals so I understand the process
  • Invest in my first multi-family property in about 4 months from now. 

Can't wait to learn from and contribute to this community!!

for debt it includes property tax as well this happens to most of the people in the California specially bay area where most of thevhone are 1 m. I my self in similar situation the way I am handling it is to build a portfolio from strong cash flow property so that my income rises. But I will follow thread in case there is some other way.

Post: Moving to Seattle (from SF). Going Up Next Week

Rahul BhattPosted
  • Fremont, CA
  • Posts 289
  • Votes 63
Amazing so you are expecting bay area to fall by 50% .seller market is ending but 50% is might be worse than 2008-2009


All the best

riginally posted by @Ryland Taniguchi:

I was just in San Francisco and San Jose and looking at the markets there. Maybe I can help you with Seattle and you can help tour me for the Bay Area. I know Seattle extremely well and have been investing here since 2000.

I am not interested in buying in the Bay Area now but after the market crashes By at least 50%.