First investment property either GA or Ohio, looking to connect.

[Timothy Newsome]

Hello BP I finally made it here. I’m a new investor and looking to invest in a small multi family. I can do 20-25% down of upwards for a $300-350k property because I can’t house hack as an out of state investor. Would love to be able to do some value add so I can pull my money back out to reuse. Looking to build a boots on the ground team that can really guide me in the right direction and be my eyes and ears. Looking to build relationships. Thanks in advance.

[James Wise]

Quote from @Timothy Newsome:

Hello BP I finally made it here. I’m a new investor and looking to invest in a small multi family. I can do 20-25% down of upwards for a $300-350k property because I can’t house hack as an out of state investor. Would love to be able to do some value add so I can pull my money back out to reuse. Looking to build a boots on the ground team that can really guide me in the right direction and be my eyes and ears. Looking to build relationships. Thanks in advance.

 If you're looking at Ohio, I'd imagine you're looking at Cleveland, or at the very least, being pitched at looking at Cleveland by a ton of Realtors and Marketers and such. Before you make any buys here in Cleveland, make sure you read The Ultimate Guide to Grading Cleveland Neighborhoods. You can get thrown off by really low prices on Zillow and such. If you buy here, you need to know why some of the properties are priced so low. Out of state investors can make a ton of money in Cleveland, however, they can also lose a ton of money even easier.