All Forum Posts by: Sam McCormack

I disagree with the Dayton supporters. Dayton has extremely high crime rates as well as decreasing population due to job loss in the area. The area sounds like disaster to me but it seems like there are people who love the area apparently. I would learn from experienced people that have invested in Dayton, OH as well as taking demographics, like I have said, into account. 

There is a meeting every month held at MadTree Brewing. It's the first Thursday of every month at 6:30, if you go in meet ups and scroll down to meetings in the area it'll be easy to find. Zac Elliot is hosting! I've been there a few months and it's great. Very social event

Asking for help on opinions about Westwood, Oh? Specifically crime. Any information helps

I didn’t know what to put this under so I decided this one.

@Joseph Cornwell

On the first Thursday of every month, there is a meeting held at Madtree Brewing in Cincinnati. It’s much more social than the one hosted at deer park. I like it more as well

@Ethan Martin

Look up BiggerPockets.com/landlordbookbonus. You should find a “Move-in/Move-Out Condition Report. This will solve the issue I believe you’re looking for

All my question is, is how do you actually catch your tenant breaking the lease without having to either, drive by the property everyday, or micromanaging your property manager to see if they’re doing something they shouldn’t? Do you just coincidentally catch them doing it when coming over to do something? Driving by it randomly?

I’ve been trying to actually get a hand in on real estate investing for about 8 months now in NKY. I think the best way to start is by working for someone who is a real estate agent AND Investor. So I’m looking for an agent and investor in NKY to work for. I’ve reached out to an agent/investor but he doesn’t like to respond. The best way to learn about what my business will be like is to surround myself with it. And a little assisting in my real estate investing journey wouldn’t hurt. I’d be willing to meet someone somewhere to introduce myself and to get to know them, of course. I’m very flexible with my schedule as well

@Matthew Purvis

Hey Matt! I’m not going to act like I have experience in this but just some thoughts. Why wouldn’t you be able to evict them? Can you legally not evict them because of covid? If not, and you have

Any written communication

Tenants original application

Notice paperwork that was served

Written documentation of anything that has been done so far with tenant in regards to eviction, you should have no problem doing so. Or you can find something in the lease they are breaking to evict. Again, I’m not going to act like a pro, just some thoughts I may give you

@Marilynne Poumele-Flores

Depending on how much equity you have, you could cash out refinance it into a property in that area as a down payment in the area you'd like! It of course depends on how much equity you have. And if you woke remotely, can you FHA a property their and sacrifice living there for a year then renting out the unit you were in? Based on the information given those may be 2 options to take into account

@Chris Hill

You have a lot to work with, ever think of 1031 exchange? With 2M as a down payment you could definitely get a nice apartment complex and get the cash flow you want after a few years of increasing the value of the property and inflation. Especially in a nice appreciation friendly area!

Hope this finds you well!