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Updated almost 7 years ago on . Most recent reply
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New Investor from Columbus, Ohio
Hello all, I'm excited to get started. My name is Edward Itayim and I live in Columbus, Ohio. I'm 35 years old, married with two children. I have been a practicing litigation attorney for 10 years after being honorably discharged from the United States Marine Corps. I've always been interested in the world of real estate, but just now to the point where I want to start investing. In addition to my own home, I did acquire two homes through foreclosure in Youngstown, Ohio, but that is the extent of my real estate experience. I am most interested in commercial office rentals and multi-unit apartments. Over the last two months I have just been reading and learning as much as possible. That's what led me to BiggerPockets. Listened to Anson Young's audio book as well as Brandon Turner's rental investing book. I'm ready to get moving. Still need some knowledge regarding financing, so any help on that end would be great. Just trying to achieve what most are...financial freedom!
Most Popular Reply
Hey neighbor! Do you know if you are going to look in C/D areas for distressed complexes, or A/B areas and just value-add?
The market in CMH is crazy, I invest mostly around Cleveland Ave (C/D) and the overpriced dogsh*t is flying off the shelves. I really wonder what some of these guys are going to do when the economy cools off and they have these difficult, overleveraged low-income buildings.
Not to say there aren't deals, but they come along much more rarely and you have to be ready to pounce when they do..
Good luck!