All Forum Posts by: Rob Badhorn

Please send Ohio and Southern MI.  thanks!

Hi Jessica!  I am in the same boat.  Any investors in the Port Clinton area let me know.  I  have 2 deals that will be great!  Rob

Nikia, 

Try Rentometer.com or Zillow's Rent Zestimate for rent in a mile radius. We are very honest with our sellers on Subject2's. We take over the property on a Subject2, season the tenant, then technically you could Lease option it out (their new loan pays off the old one). As long as the CAP rate (NOI/Value of the house) is a good one for your area.

If I do a Subject2, I try to minimally get $250/month in income.  Otherwise its not worth it to me.  

Good Luck, Rob

@Darrell Lee  Hi Darrell, See my other post.  I would pass.  Its just to rough of a neighborhood.  in that neighborhood, and I am not kidding, people put up real estate for sale signs and they steal them for wood.  

I do have other properties that I could sell in better neighborhoods.  Just follow my link to my website and fill out the form.  THANKS! Rob

@Darrell Lee

@Darrell Lee I agree with Engelo and Adam. 43605 is a rough neighborhood.   Before buying, I check Trulia.com and its crime map.  Although not super accurate it gives the out of town investor an idea if the area is rough or not.

Hi @Account Closed  I buy in Toledo OH in good neighborhoods, fix them up and rent them out.  Typical 15%.  I might have a few on the market in the coming weeks if your interested let me know.  i don't know the other Ohio markets yet. But will be looking there in a few months.  Thanks!  Rob

Simen, Let me know aha you find out.  As I have a list of friends out of country that will be going through the same thing!  Keep this thread alive and update us please!  Thanks!  Rob

Great info folks!  Thanks for sharing!

Robert Weekly, I wouldn't worry about it at all.  1/2 our houses have foundation issues, we just get a quote and reduce our offer to the seller.  They can't sell the house retail with the issues as well as it won't pass inspection.  We offer a fair price minus the repairs for foundation.  Seems to work and everyone is happy.  Rob

Perfect  Thanks!