Just Saying Hi!

[Justin Ellsworth]

HI All,

Just wanted to say hi! Newbie to real-state and looking to learn ahead of first rental we are planning to find/acquire in ~12-18mo.  I live in the Cincinnati Area and looking to focus on single family residents and I think class A/B rentals? not sure I know exactly what those mean yet except to say I'm looking for more long term equity to have better tenants/houses than better short term cash flow with lower tier properties.  lots more to learn so please send your tips/tricks/masterminds etc my way!  Thank you in advance and God bless!

[Evan Hopple]

Welcome @Justin Ellsworth! BP is a great place to get started.

An A/B class property in Cincinnati will be cashflow negative for the first 4-7 years. Over time, the income will catch up to the cost. If you can stomach that initial phase you'll be in a great position when the property is cashflow positive and worth considerably more.