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All Forum Posts by: Anthony L Amos Jr

Anthony L Amos Jr has started 6 posts and replied 506 times.

Post: Looking for GC

Anthony L Amos JrPosted
  • Real Estate Agent
  • Columbus, OH
  • Posts 518
  • Votes 698
Quote from @Sakshi Rambhia:

Looking for a GC in Cleveland and Columbus to build a long term relationship for multiple rentals.


 I can share some referrals

Post: I am a junior undergrad looking for the best strategy and location in midwest

Anthony L Amos JrPosted
  • Real Estate Agent
  • Columbus, OH
  • Posts 518
  • Votes 698
Quote from @Vinay M.:

Hi there,

I am currently a third year student in my undergrad at a university in Toronto, Canada. I am originally from the midwest and I plan to go back (I don't know exactly where yet and am flexible) I wanted to get advice on a couple of things

1. What are the best places to own a rental property in midwest. ( I was thinking Cincinnati)

2. How should I approach saving for and investing in a rental property, (is seller financed a smart option)

3. How can I measure the ROI and other factors of a property to manage my risk the best and invest smartly?

4. How can I find a good property management company that is trustworthy and will give me maximum income? 

5. Looking to talk to a pro midwest investor with experience. 

1. What are the best places to own a rental property in midwest. ( I was thinking Cincinnati)

It will depend on your budget, risk tolerance, and timeline but Toledo is one of the better markets due to affordability and housing demand.

2. How should I approach saving for and investing in a rental property, (is seller financed a smart option)

Save, Save, Save, find money partners, save, make sure your credit is good, save, and take advantage of seller finance opportunities when available.

3. How can I measure the ROI and other factors of a property to manage my risk the best and invest smartly?

The 1% rule is pretty popular among investors. Toledo properties hit this rule quite consistently despite high interest rates.

4. How can I find a good property management company that is trustworthy and will give me maximum income?

Referrals. I can send you some

5. Looking to talk to a pro midwest investor with experience.

Present!

Post: Starting Out in the Real Estate Rental Market

Anthony L Amos JrPosted
  • Real Estate Agent
  • Columbus, OH
  • Posts 518
  • Votes 698
Quote from @Shahnawaz Qadir:

Hello Team:

Starting out and looking for an area where I can make some decent cash flow on a monthly basis.  Looking for properties around $150k - 175K with an surrounding area that is decent without too much risk of property values falling.  Is Memphis, TN or Alabama or Ohio, good locations?


Any experience with an out of state rental in these areas?


 Toledo and Cleveland, OH have stable and cash flowing assets in that price range

Post: Dependable contractor/ handyman

Anthony L Amos JrPosted
  • Real Estate Agent
  • Columbus, OH
  • Posts 518
  • Votes 698
Quote from @Saint Kyle:

Looking for a dependable contractor or handy man in the Toledo, OH area 


 I can share some referrals 

Post: New to the forum!

Anthony L Amos JrPosted
  • Real Estate Agent
  • Columbus, OH
  • Posts 518
  • Votes 698
Quote from @Robert Johnson:

Hey everyone, I'm Robert and I'm new here (and to real estate investing in general). 

I'm interested in real estate from the perspective of generating cash flow for my lifestyle. I live in Austin, TX and everything is really expensive here so I'm assuming I'll need to be location-agnostic in where I look for property. I'm currently in the stage of trying to determine what net cash flow I can generate based on the cash I put down. 

I see the 1% rule but I'm not sure that means if I paid $200k in cash for a property it would generate $2000 / month in net cash for me right? There's insurance, set-asides for vacancies and cap ex, etc that need to be considered. And maybe there are ways better than outlaying that amount of cash? 

I do see my initial goal as "How do I generate $2500 / mo in net cash flow" though so if anyone has any advice on where I should look to determine how to do this I'm all ears!

Happy to be here!


 You'll find 1% deals in Toledo, OH all day long. Have you seen the article by realtor.com about to top real estate market for 2024?

Post: Toledo Blade Article - Real Estate Boom!!!

Anthony L Amos JrPosted
  • Real Estate Agent
  • Columbus, OH
  • Posts 518
  • Votes 698

Great market! 

Post: Cleveland OR Toledo?

Anthony L Amos JrPosted
  • Real Estate Agent
  • Columbus, OH
  • Posts 518
  • Votes 698
Quote from @Niall Clancey:

I have been doing research on both areas to try and find my first deal -either a house hack or buy and hold.  

I'm curious to hear from the bigger pockets community - where would you invest?

Is anyone invested in both cities? If so, which do you like more and why? 

Choose both. 

They both are affordable and not far from each other. 

Post: Looking for Real Estate Bookkeeper in Columbus, OH

Anthony L Amos JrPosted
  • Real Estate Agent
  • Columbus, OH
  • Posts 518
  • Votes 698
Quote from @Jaime Bott:

Hello, any recommendations for a real estate bookkeeper in Columbus Ohio? Not looking for someone to file taxes, but rather someone to manage all invoices and input into P&L statements for my CPA. Thanks.

Jaime

 Hello @Jaime Bott

You or your property manager should be handling all the invoices that you can send over to your CPA to do the rest. 

I can share some CPA referrals here in Columbus 

Post: Need Recommendations for Wholesaler-Friendly Title Companies in Ohio

Anthony L Amos JrPosted
  • Real Estate Agent
  • Columbus, OH
  • Posts 518
  • Votes 698
Quote from @Catrina M. Crowel:

Hi there ~ I'm virtually wholesaling in the Dayton, OH and surrounding areas. Any recommendations for wholesaler-friendly title companies would be greatly appreciated. Thanks in advance! 


 I can share my referrals with you

Post: What is like to invest in multiplex units in Columbus Ohio especially near OSU

Anthony L Amos JrPosted
  • Real Estate Agent
  • Columbus, OH
  • Posts 518
  • Votes 698
Quote from @Chungho S.:

Hi I am a newer real estate investor, and I am thinking about purchasing multiplex less than 4 units around OSU area

I believe OSU area is good because of low vacancy. I am looking to do BRRRR

since I am not living in columbus anymore I'd like to start with finding good PM first. any referrals?


 I can share my list of referrals