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Updated over 11 years ago on . Most recent reply
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Starting from the bottom
I am new to the biggerpockets forum and I though this would be the best place to introduce myself. Hello : ) . My husband and I plan on buying and holding multiunit rental properties in Ohio order to eventually replace 1 or both of our annual income from working. Currently he goes to school and freelances at home. I work full-time and am working on my graduate degree at the same time. I have seen a ton of low-price properties in Cleveland and near Akron. I am weary of these, but I think we can find something decent for under $20,000. Right now we are in the learning and knowledge building phase but he (being more action-oriented) is ready to find places now.
We're both excited but I think he is more short-term driven, while I am interested in long-term accumulation. My question is when we do find a house that seems like a good deal - what do we say to the agent listed on the website to not sound like total tourists in the real estate industry.
Also if anyone from Northeast Ohio knows of great places where real estate investors meet up I would be interested to know about that as well. : )
Thanks
Most Popular Reply
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Make sure you know numbers. That will make you sound like a non-tourist.
Just be aware with the super cheap properties, the fastest way to lose your back side is bad tenants. If you go for that cheap, it is imperative you know how to get good tenants or you could lose it all. Make sure you research "low income investing" on here and read up on it so you are already on top of it ahead of time. Doing that will help verse you when you talk to agents too.