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Updated over 6 years ago, 09/05/2018
New Investor in Cincinnati
Hi, BiggerPockets!
I just wanted to introduce myself and meet a few local members.
A little about me...I've been living in Cincinnati six years now, the last four of which have been on the Eastside. I'm a husband and father of two. Over the past couple months I've gone from having a passing interest in RE to a strong aspiration for achieving financial independence through buy-and-hold investing. I've been reading some recommended books and listening to many BP podcasts. I hope to purchase my first property in the next 6-12 months - a duplex or triplex ideally. I have my eye on the BRRRR strategy but need to learn more about managing a rehab before I commit. Plus, something tells me that taking on a small multi-family and a rehab with my first deal might be too much?
As far as markets, I'm pretty open to C and above but am mostly intrigued by Norwood, Pleasant Ridge, and Madisonville. From reading other posts, it seems like these areas have a more affordable entry point and potential for both cash flow and appreciation?
It's great to see that the local REIA has regular meetings; I hope to get to one soon and make introductions. I would love to get a bit of guidance and connect with an investment-minded realtor.
Any advice or suggestions would be most appreciated!
Thanks,
Ben