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Updated 9 days ago on . Most recent reply

User Stats

16
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Jay Scott#1 New Member Introductions Contributor
  • Lender
  • Fort Lauderdale Florida, United States
18
Votes |
16
Posts

Looking to get back in the game

Jay Scott#1 New Member Introductions Contributor
  • Lender
  • Fort Lauderdale Florida, United States
Posted

Good morning all!  I started this business back in 2003, and are getting back in the game after a hiatus.  Just looking to reboot and relaunch the business and rebuild my network.  First, I am deciding what city to invest in.  I have experience investing out of state.  I will start with some fix and flips, then progress back into multi family investing.  Looking forward to meeting everyone!  

Most Popular Reply

User Stats

16
Posts
18
Votes
Jay Scott#1 New Member Introductions Contributor
  • Lender
  • Fort Lauderdale Florida, United States
18
Votes |
16
Posts
Jay Scott#1 New Member Introductions Contributor
  • Lender
  • Fort Lauderdale Florida, United States
Replied
Quote from @Kerlous Tadres:

Welcome back! Since you're starting with fix-and-flips before transitioning to multifamily, pick a city where small (2-4 unit) and mid-sized (5-20 unit) properties are accessible and in demand. choosing the right market is key. You'll want a city with strong buyer demand, solid ARV spreads, and rental potential for long-term growth.

Ohio has some great opportunities right now. Markets like Columbus, Cincinnati, and Cleveland offer strong demand for flips, while also having plenty of multifamily deals to scale into. If cash flow is your priority, cities like Dayton and Toledo have low entry costs with strong rental yields. Since you've invested out of state before, having a solid local team will be key, especially for managing flips remotely.

What kind of properties are you looking for, and do you have any markets in mind?

Good morning, and thank you for your response and insight.  I'll consider those markets.  I'm particularly intrigued with Columbus.  I'll reach out to you.


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