All Forum Posts by: Remington Lyman

Hello everyone, hope all is good. I'll be purchasing a duplex in Columbus, Ohio soon, and I'm looking for a real estate attorney to work with along with lenders and a property manager. I'm an out of state investor but I'll be moving here as well so if you're out there, feel free to reach out! We can hop on a call or preferably meet in person (I'll be in Columbus for the next few days). 

Hello BiggerPockets community! I'm Brandon Pickard from Delphos, Ohio, passionate about real estate investing for the last 3 years. I'm particularly passionate about Fix and Flips. 

Outside of real estate, I enjoy time with my family and fishing

Excited to learn and connect with you all!

Hello everyone,

My name is darri and i am interested in buying a small multifamily property under 100k in Ohio, Upstate NY, or GA

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my service includes first property closed on that I find is free and then after if you are satisfied with the service we can work on pricing. 

 You know you need a real estate license to do that right?

In ohio you need a license to do things such as negotiate prices, represent buyers and sellers, and sign contracts, but my service is property scouting so finding properties (off market, etc) for investors as well as finding potential clients that are looking to buy and or sell that are looking for a realtor. My services are based off of flat rate fees meaning, for every lead I generate or deal an investor closes on I get a fee (not a percentage), and if I find someone needing a realtor and I referred them then I charge a flat rate fee as well.

 It's right there in Section 4735.01 of the ORC.

 There are a lot of wholesalers out there, yet the division does nothing regarding them. It's unfortunate.

 That's not true. There have been numerous fines issues by the Ohio Division of Real Estate for unlicensed brokerage activity. They publicly report the fines and I've seen some in the 6 figure range. Now don't get me wrong, the Division has enforcement issues. The Division is backlogged on their complaint load by like 3-4 years, so someone getting a complaint in 2025 likely wouldn't be addressed till like 2028-2029, but they do, and have, acted on these matters.

 Damn. 3-4 years...

 It's the government dawg. You ever see them do anything efficiently?

Quote from @Remington Lyman:

Quote from @James Wise:

Quote from @Lucas Shorts:

Quote from @James Wise:

Quote from @Lucas Shorts:

my service includes first property closed on that I find is free and then after if you are satisfied with the service we can work on pricing. 

 You know you need a real estate license to do that right?

In ohio you need a license to do things such as negotiate prices, represent buyers and sellers, and sign contracts, but my service is property scouting so finding properties (off market, etc) for investors as well as finding potential clients that are looking to buy and or sell that are looking for a realtor. My services are based off of flat rate fees meaning, for every lead I generate or deal an investor closes on I get a fee (not a percentage), and if I find someone needing a realtor and I referred them then I charge a flat rate fee as well.

 It's right there in Section 4735.01 of the ORC.

 There are a lot of wholesalers out there, yet the division does nothing regarding them. It's unfortunate.

 That's not true. There have been numerous fines issues by the Ohio Division of Real Estate for unlicensed brokerage activity. They publicly report the fines and I've seen some in the 6 figure range. Now don't get me wrong, the Division has enforcement issues. The Division is backlogged on their complaint load by like 3-4 years, so someone getting a complaint in 2025 likely wouldn't be addressed till like 2028-2029, but they do, and have, acted on these matters.

 It's right there in Section 4735.01 of the ORC.

Hey everyone, my name is Lucas! I’m looking to connect with real estate investors who need a bird dog or property finder to help locate great investment opportunities. I’m based in Northeast Ohio and have strong knowledge of markets like Cleveland and surrounding areas, but I can also find properties in other locations. I can help locate properties for wholesalers, fix & flip investors, rental investors, and more. Anyone looking no matter the location please connect with me!

I'm looking at a deal in Mansfield Ohio. This will be my first deal ever, and it will be a residential, commercial property, SFH, storage units, an auto shop, and one large storage unit that a business is operating in. The total cost is 145k and it has 16 cap rate. I understand the general process of purchasing a duplex for example, but being that this is also commercial, I was hoping to get some insight and guidance on this deal. The total gross income is over 2300 so it seems like a great deal, but I just want to be sure would anyone please be able to help me please DM me

Columbus

 Understatement of the year, James....