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.
New Member Introductions
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 7 years ago on . Most recent reply

User Stats

15
Posts
5
Votes
Jake Newman
  • Rental Property Investor
  • Columbus, OH
5
Votes |
15
Posts

Columbus Ohio Newbie

Jake Newman
  • Rental Property Investor
  • Columbus, OH
Posted
Hello, my name is Jake, brand new to this real estate investing world, currently have 0 deals. I live in a primary residence in Columbus Ohio that, due to a time constraint consider a bad deal, but possible rental down the road. I have been listening to bigger pockets podcast for about two weeks now and am very serious about why I want to invest. Looking for some guidance on how to find a good deal though and also how to split up the current cash I am looking to invest. To be more specific, I have between 20,000-100,000 in cash that I am looking to start investing with but am wondering if there are any specifics to go about doing so to not just immediately lose even a percentage of that. Should I start with just the twenty? And if so can I even get anywhere with that amount?

Most Popular Reply

User Stats

3,331
Posts
1,653
Votes
Robert Ellis
#1 Land & New Construction Contributor
  • Developer
  • Columbus, OH
1,653
Votes |
3,331
Posts
Robert Ellis
#1 Land & New Construction Contributor
  • Developer
  • Columbus, OH
Replied

Hi Jake!  You can absolutely get started with $20,000 that's a conventional down payment on a $100,000 property. There are some great up and coming B- and C class ares where you can get a good return on that kind of investment in Columbus.  

  • Robert Ellis

Loading replies...