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Updated over 1 year ago,

User Stats

139
Posts
79
Votes
Yiwei Cheng
  • Investor
  • Cincinnati, OH
79
Votes |
139
Posts

Hi from Cincinnati, OH!

Yiwei Cheng
  • Investor
  • Cincinnati, OH
Posted

Hi everyone!  I just want to introduce myself since I'm new to Bigger Pockets!  I started investing in real estate when I moved to Cincinnati, OH in 2019 and started in short term rentals on accident when I had to pay for my mortgage while finishing the lease on an apartment I had at the same time.  

I realized that this was the perfect strategy for me because I love the hospitality side and designing the guest experience while making the numbers work. Before that, I tried wholesaling, which was definitely not for me, and I just could not make the numbers work for long term rentals! I just didn't see how I could make $200/month cash flow while paying the mortgage for 30 years. When I got started with STR, I knew this was the best way to maximize cash flow while allowing the property to appreciate.

In 2022, I was able to leave my corporate job from owning and managing short term rentals in Cincinnati, and I am full time working in real estate!  I would love to help any newbies or anyone starting out along the way.  I see so many people wanting to get into short term rentals now but don't know where to start or have questions, so let me know how I can help you here!  

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