OOS Investor looking for a team(Core4)

[Mragank Yadav]

Hey Folks

Novice investor here looking to make some connections and form a team in Columbus OH to start investing in Multifamily/BRRRR/LTR/MTRs.

A little about me: Working a W2 job in Seattle, just rented out my previous primary home and moved into a second home. Basically, just took my first steps in RE. 

Goal: Since I have a W2 that I don't plan on leaving soon, I am looking for some appreciation/cashflow plays where I would be flexible in trading off appreciation and cashflow but definitely don't want to sustain negative flow(atleast over long term). I started looking in Seattle/King/Snohomish county close to me and the numbers just don't work. Ultra tenant friendly laws don't help as well. So after some research, it seems Columbus Ohio shows hopes and it appears it's  quite a favourite with investors here as well. So having to decide on a OOS market, I think this would be a good area. 

Having said that, now I am looking to work with people/teams that can help me with these goals. Having read and spending a ton of time here, I believe my starting point would be to find a investor friendly agent, work with them to have lenders, contractor and pm set up, followed by buying deals. Ideally I would love to go Brrrrr to keep reusing the money but in light of lowering commercial RE prices, would be flexible if numbers make sense. 

Please feel free to reach out and lets talk.

[Anthony L Amos Jr]

Quote from @Mragank Yadav:

Hey Folks

Novice investor here looking to make some connections and form a team in Columbus OH to start investing in Multifamily/BRRRR/LTR/MTRs.

A little about me: Working a W2 job in Seattle, just rented out my previous primary home and moved into a second home. Basically, just took my first steps in RE. 

Goal: Since I have a W2 that I don't plan on leaving soon, I am looking for some appreciation/cashflow plays where I would be flexible in trading off appreciation and cashflow but definitely don't want to sustain negative flow(atleast over long term). I started looking in Seattle/King/Snohomish county close to me and the numbers just don't work. Ultra tenant friendly laws don't help as well. So after some research, it seems Columbus Ohio shows hopes and it appears it's  quite a favourite with investors here as well. So having to decide on a OOS market, I think this would be a good area. 

Having said that, now I am looking to work with people/teams that can help me with these goals. Having read and spending a ton of time here, I believe my starting point would be to find a investor friendly agent, work with them to have lenders, contractor and pm set up, followed by buying deals. Ideally I would love to go Brrrrr to keep reusing the money but in light of lowering commercial RE prices, would be flexible if numbers make sense. 

Please feel free to reach out and lets talk.

Columbus, OH has been popular amongst OOS investors due to its affordability compared to markets of similar size, the influx of development, job growth, expected population growth, and being considered a "landlord friendly" state.