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Updated almost 8 years ago on . Most recent reply

User Stats

40
Posts
19
Votes
Max McNally
  • Investor
  • San Jose, CA
19
Votes |
40
Posts

Brrrr in the Ohio area for an out of state investor

Max McNally
  • Investor
  • San Jose, CA
Posted

Hey guys, I'm looking to network with folks from Ohio who are doing the BRRRR strategy. I just bought my first fourplex in Dayton, the numbers look great, cash flowing about $600 a month (projected, I haven't closed yet). I would love to buy a bunch more, but I don't have the cash to continue doing conventional financing. So, I'd love to talk to people who are doing BRRRR, and could tell me what their experience has been like. I live in California, so I'm trying to build a good team in the Ohio area who I can work with to build a portfolio of rental properties. I've got some great contacts with realtors, lenders and property management, so I'm looking for people who can find great deals (60% and under market value) and contractors/project managers who can help me assess repair costs and ARV. If that sounds interesting to you, let's talk!

Most Popular Reply

User Stats

35
Posts
53
Votes
Lonnie Freeman
  • Wholesaler
  • Columbus, OH
53
Votes |
35
Posts
Lonnie Freeman
  • Wholesaler
  • Columbus, OH
Replied

@Max McNally That's awesome - congrats on making the dive! Have you considered buying properties and using the same strategies in Columbus? I'm a full time investor here, mostly fix and flip, but executing the BRRR strategy on a small portfolio of houses I've acquired this past year. We are still renovating and renting some of the units, but I'd be glad to share my experience when it's done! Columbus is a great market for owning rental property!

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