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If you’ve ever wondered what it’s like to buy foreclosed houses, renovate them and make money, then you’ve found the right place.

We are an active real estate investment company in Central Ohio. On this page as well as our youtube  channel and instagram, we hope to share a side of investments that is rarely seen, with all the gory details that many websites, blogs and forums leave out.

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Even in a hot Market there are still smoking hot deals

Even in a hot Market there are still smoking hot deals

My buddy called me and asked me if I wanted the house right next to one of my more notorious rentals. It’s one door away from the house of the people threatened to kill me on.

 

It is now two months later from that incide  and the neighborhood for the most part is looking a heck of a lot better. The drug dealers have moved out and the street is clearing up. One of the properties that had an eviction right around the same time as my drug dealer issue, the people have decided to finally sell it and my buddy called me asking if I would be interested in purchasing it, having known the story of me being threatened.

When my guys were out there doing the initial security and clean up on the property they said that I should try and call the owner to see if she would sell as it looked pretty nice on the outside. Nothing spectacular, a little to bed 1 bath shotgun style house similar to the one I purchased on Christmas Eve 2014 for $12,500. On that specific deal I had to put about 15000 in it to get it up and running.

 

This o  on the other hand  off the bat is $15,000 and needs very little work  to get it ready. In fact if I wanted to be a little more of a slumlord I probably could rent it out as is. But as far as I’m really concerned I can put in a couple sheets of carpet and some vinyl and call it a day. Maybe $1,000 at best and I can easily get $500 a month out of it if I want to cut somebody a deal.

Here are the pictures of it and pretty much what you see is what you get its filthy and needs paint a carpet at worst the Plumbing’s new the electrics relatively new and those are two of my big concerns when looking at a place.

 

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Sept 25th – Why I carry a gun

This afternoon I got a call from a Community Action Agency but I deal with quite regularly in town.

 

They were requesting information on whether I had sold one of my apartment complex  because  a tenant of mine and a client of theirs called and said that somebody showed up, cussed out their client, and told him that they were the new landlord  of the building.

 

I told them that this definitely was not true and that I would investigate it. So I visited my apartment complex and talk to a man who’s generally been very reliable and honest with me. Not only did he tell me that this was true but then he identified the man that threatened him as one of my tenants that I’ve been having problems with. So in short one of my tenants claim to buy the property off me and threaten this guy. To make matters worse the tenant then told me that he was scared for his life because this man, my tenant, also broke into his unit, choked him and stole his house key.

 

This all has coincided with other damage issues on the property since this man got out of a mental health facility. So now I’m in charge of trying to figure out what kind of liability I have, who should I should make phone calls to and if there’s anything that I should do. The one thing I would say this is definitely doing is speeding up getting some security cameras up.

4br 2ba 2000sf in great area

4br 2ba 2000sf in great area

Guess the terms –

  • 4 bedrooms
  • 2 bathrooms
  • 2 car attached garage
  • 4+ car detached garage
  • 2000 square feet
  • full, partially finished basement
  • bomb shelter
  • $150k-$300k neighborhood
Motel?

Motel?

Will be interesting if I can get it….

 

 

The Molotov Cocktail house

The Molotov Cocktail house

Long story short, I purchased a new property that had been on fire in the past. According to the neighbors and local landlords the deal was….

Remember the whole “Confederate flag controversy?” About 2-3 years ago when it was a hot button topic, I’m TOLD the person living in this unit put up a confederate flag with some ‘Choice words’ concerning people of a certain race. The result of this person putting up signs with quite incendiary remarks was a physical incendiary device (A Molotov cocktail) thrown through the window in the bedroom. Of course it could have been just for insurance money.

The results in my mind were pretty interesting – Not tons of damage to the unit once we got it all stripped out and have finally started work on it.

 

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