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Updated over 8 years ago on . Most recent reply

User Stats

7
Posts
6
Votes
Jason Boulter
  • Investor
  • Columbus, OH
6
Votes |
7
Posts

New Member from Columbus Ohio

Jason Boulter
  • Investor
  • Columbus, OH
Posted

Hello,

I am a mechanical engineering student at Ohio State University, planning on entering a Masters in accounting program after I graduate next spring. I have always wanted to be an entrepreneur, and have decided that I want real estate to be my first step in that direction. I hope to one day be financially independent, so that working a normal job is only an option, not a necessity. I plan to begin my process using capital accumulated through my engineering internship. Although this is not a huge amount, it is enough to begin investing with low money down. I will probably begin the process by looking for duplex's in Columbus Ohio for investment. Any leads with respect to this goal would be greatly appreciated! 

Most Popular Reply

User Stats

7
Posts
6
Votes
Jason Boulter
  • Investor
  • Columbus, OH
6
Votes |
7
Posts
Jason Boulter
  • Investor
  • Columbus, OH
Replied

@Justin Taber thank you! What part of Columbus do you generally focus on when looking for properties? Do you have any suggestions, other than the short north, of areas that are growing quickly?

@Marcus Hendren thanks Marcus! what areas of campus do you own property in? I have been thinking it would be a great place to look, since rental rates are higher the closer you are to campus. Have you had any problems with the students renting? 

@Chris Washington thanks for the advice Chris! Why do ou recommend a 4plex as opposed to any other number? Is 5 the maximum for house hacking with an FHA loan?

@Paul Timmins thank you for all the advice, Paul! I will be sure to continue my education with the recourses you suggested. My brother lives in Boston, MA as well. I actually manage a property for him here in Columbus. Regarding your statement about "not needing to own a property to control it," I assume you are talking about leasing/rent to own arrangements? I am certainly considering HUD homes. I have thought that student housing may also be a good option for me since I have been a renter within that market for the last 4 years.

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