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Updated over 1 year ago on . Most recent reply

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7
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Vinay M.
11
Votes |
7
Posts

I am a junior undergrad looking for the best strategy and location in midwest

Vinay M.
Posted

Hi there,

I am currently a third year student in my undergrad at a university in Toronto, Canada. I am originally from the midwest and I plan to go back (I don't know exactly where yet and am flexible) I wanted to get advice on a couple of things

1. What are the best places to own a rental property in midwest. ( I was thinking Cincinnati)

2. How should I approach saving for and investing in a rental property, (is seller financed a smart option)

3. How can I measure the ROI and other factors of a property to manage my risk the best and invest smartly?

4. How can I find a good property management company that is trustworthy and will give me maximum income? 

5. Looking to talk to a pro midwest investor with experience. 

Most Popular Reply

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506
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691
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Anthony L Amos Jr
  • Real Estate Agent
  • Columbus, OH
691
Votes |
506
Posts
Anthony L Amos Jr
  • Real Estate Agent
  • Columbus, OH
Replied
Quote from @Vinay M.:

Hi there,

I am currently a third year student in my undergrad at a university in Toronto, Canada. I am originally from the midwest and I plan to go back (I don't know exactly where yet and am flexible) I wanted to get advice on a couple of things

1. What are the best places to own a rental property in midwest. ( I was thinking Cincinnati)

2. How should I approach saving for and investing in a rental property, (is seller financed a smart option)

3. How can I measure the ROI and other factors of a property to manage my risk the best and invest smartly?

4. How can I find a good property management company that is trustworthy and will give me maximum income? 

5. Looking to talk to a pro midwest investor with experience. 

1. What are the best places to own a rental property in midwest. ( I was thinking Cincinnati)

It will depend on your budget, risk tolerance, and timeline but Toledo is one of the better markets due to affordability and housing demand.

2. How should I approach saving for and investing in a rental property, (is seller financed a smart option)

Save, Save, Save, find money partners, save, make sure your credit is good, save, and take advantage of seller finance opportunities when available.

3. How can I measure the ROI and other factors of a property to manage my risk the best and invest smartly?

The 1% rule is pretty popular among investors. Toledo properties hit this rule quite consistently despite high interest rates.

4. How can I find a good property management company that is trustworthy and will give me maximum income?

Referrals. I can send you some

5. Looking to talk to a pro midwest investor with experience.

Present!

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