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All Forum Posts by: Vijay Radhakrishnan

Vijay Radhakrishnan has started 6 posts and replied 19 times.

Post: Hiring a 3rd party consultant for BRRRR projects

Vijay Radhakrishnan
Posted
  • New to Real Estate
  • Chicago, IL
  • Posts 23
  • Votes 15

Thats Peter! Yes I do follow the 203kway on IG. Great content. 

Post: Hiring a 3rd party consultant for BRRRR projects

Vijay Radhakrishnan
Posted
  • New to Real Estate
  • Chicago, IL
  • Posts 23
  • Votes 15

I appreciate the insight Kerlous! This is super helpful. 

Post: Hiring a 3rd party consultant for BRRRR projects

Vijay Radhakrishnan
Posted
  • New to Real Estate
  • Chicago, IL
  • Posts 23
  • Votes 15

Hi All, it recently came to my understanding that FHA 203k consultants can be hired privately outside of 203k projects. As an out of state BRRRR investor, I find this interesting because it would be nice to have a qualified 3rd party professional create a scope of work and also perform thorough inspections throughout the rehab process to ensure work was done properly rather than just relying on your GC for quality control. I am curious as to if anybody has done this before or have any other ideas on what other 3rd party resources can be leveraged to create a detailed scope of work and also perform thorough inspections to ensure work is done to code (outside of the GC). Thank you!

Post: Positive experience with Rent to Retirement

Vijay Radhakrishnan
Posted
  • New to Real Estate
  • Chicago, IL
  • Posts 23
  • Votes 15

Hi @Stuart Udis, I appreciate the insight! I wouldn't say that this makes the property not turnkey though. It all depends on the market and if tenants actually care about having a new sidewalk and walkway. The comps in this area also do not have a new sidewalk and walkway, yet we were still able to find a good tenant very quickly. I will bring this up to my PM as a ticket item nonetheless. Thanks for the advice! 

Post: Positive experience with Rent to Retirement

Vijay Radhakrishnan
Posted
  • New to Real Estate
  • Chicago, IL
  • Posts 23
  • Votes 15

Hi @Glen Rosen, here is the link to the property on Zillow: 

68 E Dartmore Ave, Akron, OH 44301 | Zillow

Purchase price was $150k, Rent is $1350

Post: Positive experience with Rent to Retirement

Vijay Radhakrishnan
Posted
  • New to Real Estate
  • Chicago, IL
  • Posts 23
  • Votes 15

Post: Positive experience with Rent to Retirement

Vijay Radhakrishnan
Posted
  • New to Real Estate
  • Chicago, IL
  • Posts 23
  • Votes 15

I closed on my first turn-key rental property through Rent to Retirement back in October 2024. @Zach Lemaster and his team was super helpful, supportive, and knowledgeable which ensured a super smooth purchasing process! The R2R team was great with communication, providing guidance and insights, and getting me in touch with the proper resources. Their academy modules and webinars are super helpful as well. As always, please be sure to do your own research and run your own numbers before investing. I did this prior to my R2R purchase to ensure my numbers were in the same range as R2R's projections. Once you do your own due diligence and the numbers check out, its pretty smooth sailing with R2R's support. My purchase was a single family home in Akron, Ohio. No issues as of yet and the property management company has been great so far. If you are looking to invest in turnkey properties, I recommend checking out R2R. 

Post: Looking for an investor friendly GC in Cincinnati

Vijay Radhakrishnan
Posted
  • New to Real Estate
  • Chicago, IL
  • Posts 23
  • Votes 15

Thank you @Scott Allen for the guidance! Will do. 

Post: Looking for an investor friendly GC in Cincinnati

Vijay Radhakrishnan
Posted
  • New to Real Estate
  • Chicago, IL
  • Posts 23
  • Votes 15

Thank you @Sam McCormack! Much appreciated. Feel free to DM me! 

Post: Looking for an investor friendly GC in Cincinnati

Vijay Radhakrishnan
Posted
  • New to Real Estate
  • Chicago, IL
  • Posts 23
  • Votes 15

Thank you for that advice @Jonathan Greene! I was not aware of that as I am still newer to BP and haven't really posted much on forums before. I appreciate the guidance!