All Forum Posts by: Anthony L Amos Jr

First time investor here! I am in the research process for a multi-family unit. My primary goal is cashflow so looking for an asset that works and is also in a growing area.

What are your tips on finding and evaluating areas to purchase? What are the current markets you recommend and why?

Hey Family, I'm looking to invest in Toledo and I'm not too familiar with the lay of the land. I'm a trucker and always passing through on my way to the Chi, but I really want to look into the area. So Toledo , please help me and let me know how I can help. I'm looking forward into developing my roots in the community!

Hi BP Community,

I am looking to build a team in the Toledo, OH area and was wondering if anyone has worked with an experienced investor-friendly real estate agent and project managers that they can recommend.

Thank you!

Hi everyone! 

Just started working my first W-2 job out of college and looking to start investing ASAP. I've got some family connections to the Cleveland and Columbus area and am wondering if anyone knows if these are good markets to start off in? I'm looking to start off in areas with lower costs coming in, preferably under $100k single families but definitely under $200k.

How long do your renovations typically take when hiring a gc? Wrapping up renovations on one side of my first duplex and I closed in July. Flooring, Drywall, refinish basement, roof, gutters, tuck point around house, and one full bathroom gut all had to be completed. Any tips and recommendations are appreciated. Thanks.

Hello All,

I was hoping if anyone could help point me in the direction to good wholesalers and General Contractors based in Ohio. I am currently seeking to purchase properties in Columbus, Dayton, Cleveland, and Cincinnati and looking for someone who has great deals that could add me to their buy list. 

I would also like to connect with like minded people in the areas to see if we could possibly help each other grow our portfolios/ JVs.

Thank everyone in advance!

Hi, I am new to bigger pockets. I own rental townhouse. I have been to some auctions but no luck. 
Looking to expand my portfolio to small MF/ short term rental houses. I live in sterling but open to investing outside my area. 

Looking forward to connect with like minded investors. 

Hi, want to know, with a budget of 50k with financing, what market is the best ti buy a home and rent it out?

I got to know of a few through different forums,

1. Toledo, OH

2. Houston, TX

3. Brownsville, TX

Please can you suggest a few more or see if these look good?

Hey all!

I'm Andy, a recent University of Utah Computer Science graduate and now a full-time, 100% remote software engineer. I bought my first house-hack SFH property in Sandy, Utah in 2022 where I currently reside.

I am now 22, single and have enough saved for another down payment (targeting small multi-family). The combination of interest rates + high prices is making me consider moving to a more affordable market. Although my income is great for my first job out of college, I've talked to a couple lenders in Salt Lake City and got the feeling my salary (~85k) will not be enough without bringing a larger (~20%) downpayment. This larger downpayment would require me to liquidate stocks which I am not too keen of doing at the moment.

As an active listener of the BiggerPockets podcast, I'm well aware that midwest markets like Indianapolis, Cleveland, etc. are the "top" markets these days in terms of current growth + affordability. I am very interested in potentially moving/buying in these markets next to universities or areas with high job growth potential.

I am looking for advice/direction on what you would do in my position. My current 10 year goal is to get to 10k a month in cash flow. I greatly appreciate all responses and will take each into careful consideration.

Best,

Andy Okamoto

I've been searching for rental properties in Columbus for months, but I've noticed that it's extremely difficult to find a property that's profitable with high interest rates and already significantly increased property prices. Some say there are still opportunities in Columbus since it's growing, but I'm unsure if investing with the hope of future appreciation is a good idea when current cash flow is very weak. Some suggest investing out of state for better cash flow, but that's not an option for me at this time.

Recently, I ran into a realtor who suggested mid-term rentals to construction workers as a more profitable investment model. She mentioned that she's doing it herself and finding it very profitable. Before taking any action, I'd like to research whether this model is truly profitable and feasible. Has anyone done this or heard about this type of rental? How do I attract construction workers as tenants? How does this differ from long-term rentals or mid-term rentals for travel nurses?

Thank you!