All Forum Posts by: Tony Williamson
Tony Williamson has started 1 posts and replied 2 times.
Hello guys were looking for a local investor or experienced partner to buddy up at a Cuyahoga tax auction next week. My business partner Joan James will be there and wanted to know if anyone else was interested. Please contact us through this post
Location: Huntington Convention Center of Cleveland, Atrium Ballroom
Address: 1 St. Clair Ave. NE, Cleveland, Ohio 44114
Registration / Check-In: Starts at 8:00 a.m.
Sale Begins: 9:30 a.m. on both days
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $295,000
Cash invested: $106,000
Assisted living facility
What made you interested in investing in this type of deal?
the property was affordable
How did you find this deal and how did you negotiate it?
searching around the MLS
How did you finance this deal?
My own money
How did you add value to the deal?
renovating it
What was the outcome?
great renters
Lessons learned? Challenges?
find cheaper materials and laborers
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
no my wifes a realtor