New Investor looking to build a Columbus REI Network

[Luke Soroka]

My name is Luke and I am new to REI. I have been educating myself on the BP forums and listening to as many podcasts as I can.

I am reaching out to try to hopefully build a network of people that can help me navigate the process. I am not interested in getting rich quick. I want to start small and learn the industry before expanding. I am perfectly fine with small wins and building slowly. I should also mention I am local to Columbus.

My thoughts on initial strategy:

Long term holds, single family or small multi family

Not interested in rehabs/flips

Want a Property Manager (I work full time and am busy with kids activities)

Don't want to get into a bad deal by any means, but i want to get my feet wet and learn the process and hope to cash flow a bit

Looking for referrals on:

Investor friendly realtors that have the patience to deal with someone new to REI

Property Managers

Lenders

Who am I forgetting?

Thanks in advance!

[Daniel Spaizman]

@Luke Soroka

Hi Luke and welcome. This was my strategy when I joined a year ago. I do have some thoughts on agents and property management if you're still looking. Feel free to send me a message to discuss.

A few notes note that may be of value to you:

Prior to the virus, Columbus prices were (and still are at the moment) very high, making it difficult to find a property that cash flows as is.

Have patience and check in with others to make sure your analysis is solid.

Expect a learning curve and account for vacancy in the neighborhood you're investing in. Particularly how time of year affects vacancy.

Good luck!

Daniel spaizman