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All Forum Posts by: Richelle T.

Richelle T. has started 8 posts and replied 318 times.

Post: Additional Streams of Income

Richelle T.Posted
  • Rental Property Investor
  • Columbus, OH
  • Posts 340
  • Votes 111

@Denayer Burns 

I'm not sure I understand the question

Post: Anyone out there specializing in under 30k properties?

Richelle T.Posted
  • Rental Property Investor
  • Columbus, OH
  • Posts 340
  • Votes 111

@Vicki Gleitz 

I'm not sure that going in trying to convince greedy landlords to listen to you is the approach I would take. Have you thought of forming a landlords group? Maybe a quarterly meeting of owners in the area? Or you could flat out send them a letter saying that you want to buy their property - them problem solved.

Another option would be to get a particularly adamant owner occupant in the area to chair the neighborhood watch committee.

Post: Biz phone number?

Richelle T.Posted
  • Rental Property Investor
  • Columbus, OH
  • Posts 340
  • Votes 111

@Account Closed 

Nope it now has the option to ring like a normal  phone

Post: Cash out options

Richelle T.Posted
  • Rental Property Investor
  • Columbus, OH
  • Posts 340
  • Votes 111

@Dana Chen 

Hi Dana if you're in Florida try Sun Trust bank. They were wonderful but I'm in Ohio.

I, on the other hand, need recommendations for Ohio banks :-)

Post: Anyone out there specializing in under 30k properties?

Richelle T.Posted
  • Rental Property Investor
  • Columbus, OH
  • Posts 340
  • Votes 111

@Edward Briley 

Great idea on owner financing! I would suggest getting to know the neighbors as well. One neighbor offered to purchase the house I got for $10k more than I had it under contract for - as is. The neighbors wanted their family to move closer. I thought about it for a while but decided I wanted the slow dime as opposed to a fast nickel.

I ended up renting it to the nephew of another neighbor. It seems to me that there can be strong family ties in these neighborhoods that easily support what you/we are trying to do. I found that very encouraging :-)

Post: Got my first house! Thanks to bigger pockets

Richelle T.Posted
  • Rental Property Investor
  • Columbus, OH
  • Posts 340
  • Votes 111

@Chukwudi Motanya  Sounds sweet!

Post: Anyone out there specializing in under 30k properties?

Richelle T.Posted
  • Rental Property Investor
  • Columbus, OH
  • Posts 340
  • Votes 111

@Edward Briley 

@Angelique F. 

I couldn't agree more! It feels good to help transform or maintain a community that could easily slip to being less desirable.

Post: Anyone out there specializing in under 30k properties?

Richelle T.Posted
  • Rental Property Investor
  • Columbus, OH
  • Posts 340
  • Votes 111

@Angelique F. 

I'm glad there's no sink hole... whew!

@Pyrrha Rivers 

Living abroad and investing is hard. I applaud you for actually taking action so far away. I was overseas in a 2010 (an epic year to be an investor) and I sat it out. Kudos to you! Maybe partnering with someone local to Atlanta would be helpful to help you move along faster, especially since your daughter is helping.

@Engelo Rumora 

Congratulations on another deal!! Do you live in Toledo? I think I remember you living elsewhere? I'm coming up to Toledo in a few weeks and would love to meet a local investor to learn about about the city.

Post: Anyone out there specializing in under 30k properties?

Richelle T.Posted
  • Rental Property Investor
  • Columbus, OH
  • Posts 340
  • Votes 111

@Angelique F.   Did you have an inspection? I think the land integrity is the biggest issue of what you are saying. I have no idea who to call on that one either. Maybe someone at the city that permits for structures??

Flooring and windows can be replaced and a garage is (detached??) is not really essential to the function of the house. I got flooring on 12 months interest free financing from lumbar liquidators (helps with cash management) and Window world has windows for $189/window installed.

Post: Got my first house! Thanks to bigger pockets

Richelle T.Posted
  • Rental Property Investor
  • Columbus, OH
  • Posts 340
  • Votes 111

@Chukwudi Motanya 

Congratulations!!! Now details, details!! :-)