Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 4 years ago on . Most recent reply

User Stats

3
Posts
1
Votes
Pedro Padilla
  • Contractor
  • Gardena, CA
1
Votes |
3
Posts

Noob investor here need advice

Pedro Padilla
  • Contractor
  • Gardena, CA
Posted

Idk how dumb it might sound. But since i don’t have a lot of money for a pricey home, I wanted to invest OOS where I can afford something. But since I’ve never done this before, idk if that would be the right move for me. Or if it’s okay? Yeah just need advice or a nudge in the right direction about this. Thanks in advance

Most Popular Reply

User Stats

344
Posts
258
Votes
Mikael Winkler
  • Rental Property Investor
  • Columbus, OH
258
Votes |
344
Posts
Mikael Winkler
  • Rental Property Investor
  • Columbus, OH
Replied

I would agree with the above. Building a great team is key anyways, but especially OOS. I would definitely start with David Greene’s book at this point. I’ve personally not invested OOS as of yet, but have heard that mentioned by several of those who have. Once you’ve gone through the book, you’ll probably have a better understanding of how to put together that team. From there, you can then focus on strategy.

I also agree that central Ohio is a great market. Also biased, as I’m born and raised here. But, with a rising population and job growth (with industry diversity), there is a lot of opportunity for cashflow and appreciation through value-add projects.

Good luck, and if you have any questions, you certainly have plenty of people to assist!

Loading replies...