All Forum Posts by: Anthony L Amos Jr
Anthony L Amos Jr has started 6 posts and replied 522 times.
Post: New Investor! Best advice for first time investors?
- Real Estate Agent
- Columbus, OH
- Posts 535
- Votes 715
Quote from @Ebony Marbury:
Hello, my name is Ebony. I am new to investing and trying to put all of the information I've researched together. All related advice is warranted.
Best advice for new investors on how to find off market properties?
Welcome!
I've found off market properties from cold calling, working with wholesalers, networking with realtors, joining my local real estate investor association (REIA), and driving for dollars
Post: What's the deal with Ohio?
- Real Estate Agent
- Columbus, OH
- Posts 535
- Votes 715
"Ohio. Find it here."
Post: Strategies for calculating after rehab value
- Real Estate Agent
- Columbus, OH
- Posts 535
- Votes 715
Quote from @Brent Tingley:
Hey Everyone,
I'm just starting in real estate investment and doing some research in my area, one of the things I'm most curious about is strategies for calculating the after-rehab value and the best way to go about it. I would assume there's some trial and error to it, but if anyone has any helpful tips it would be much appreciated!
Best Regards, Brent
A realtor can run comps for you. You can also use some of the major real estate listing websites to filter "like for like" sold properties within the last 90-180 days.
Post: Newly licensed agent
- Real Estate Agent
- Columbus, OH
- Posts 535
- Votes 715
Quote from @Christina Albera:
Hi everyone, my name is Christina Albera and I am a newly licensed agent living in Dana Point. I’ve interviewed with a few brokers so far. Ultimately, I want to be an investor starting off with multi family/ house hacking or fix and flips. I thought being an agent would be a good way to get a more hands on approach to real estate in general and to network. Ideally, I’d like to align with a broker that works with investors. If anyone knows of anyone in my area that’s willing to mentor, please reach out. Thank you!
I'm fairly new myself and it has been a ride! My advice would be to learn how to quickly determine which "investors" are serious and which are tire kickers. Obtain your leads organically by networking, posting on social media, and working your sphere. A lot of the paid lead generation platforms are not worth it.
Much success to you in 2023!
Post: Off Market Properties
- Real Estate Agent
- Columbus, OH
- Posts 535
- Votes 715
Quote from @Alisha Feaster:
Hi, I'm located in Newark NJ and I'm wondering how do I find off market deals without driving for dollars? Is there a website or app I can use?
You can join your local real estate investor association and network with other investors, call local property management companies, call realtors, join local real estate facebook groups, and pull list from online lead generation platforms.
Post: How would you doorknock this neighbor?
- Real Estate Agent
- Columbus, OH
- Posts 535
- Votes 715
Quote from @Eliott Elias:
Why do this? The wholesaler has it under contract, you're not going to get it any cheaper doing this. You could flush out some information the wholesaler was not telling you. Other than that I see no benefit in this
The purpose is not to talk about this deal at all just to get to know some investors that happen to be neighbors. The only way I know about them is through this deal so im wondering if I should mention that or not
Post: Midwest Housing Cash
- Real Estate Agent
- Columbus, OH
- Posts 535
- Votes 715
Quote from @Wesley A Showalter:
Hey, just wanted to get some input on the midwest real estate market. I'm specifically looking in Columbus, Ohio to buy my first house hack and was wondering if I should wait to pull the trigger. Any advice would be great!
The biggest complaints I hear from investors are "I wish I didn't wait to buy" and "I should of held on to more properties". Don't wait to but real estate. Your title is spot on for the Midwest. "Midwest housing CASH" :)
Post: How would you doorknock this neighbor?
- Real Estate Agent
- Columbus, OH
- Posts 535
- Votes 715
I was sent a home by a wholesaler that I'm interested in purchasing. While doing my due diligence I checked the county auditor site to cross reference the property information. Low and behold the property is owned by someone in my subdivision that I do not know at all. I will not go over the wholesaler if I purchase this property but I would like to get to know my investor neighbors. Would you doorknock and tell them this, send a handwritten letter, walk the dogs by and just start general convo, like it was not planned :), or something else? If you were to doorknock what would you say?
I plan on sending christmas mailers to my subdivision this year
Post: Working With A GC On First Deal
- Real Estate Agent
- Columbus, OH
- Posts 535
- Votes 715
Quote from @Evin Lynch:
Hey everyone, my wife and I are looking for our first home. We are looking for a property that needs some love and our plan is to do some version of a “live-in” flip. Obviously, being able to calculate renovation costs is a big part of deciding which property to purchase and at what price. My questions is: Do you/would you have a general contractor walk different prospective properties with you to get an accurate estimate on rehab costs? Is this something that GC’s are typically willing to do? I would love to hear other’s experience with this and I’m also open to feedback/questions.
Thanks in advance,
Evin
I have a contractor that will do this but I have done multiple projects with him as well. So one way or another the contractor will need to be compensated for their time. With you wanting to do a live in flip (I'm assuming) you will be doing the majority of the work, which will take away from the work the contractor can do.
I will say live in flips are great because you can put in sweat equity over time and save a lot of money until your ready to sell.
Post: Aspiring multi family investor
- Real Estate Agent
- Columbus, OH
- Posts 535
- Votes 715
Quote from @Jackson Keefe:
I am going to MSU currently and beginning to look at investment opportunities! I am a marketing major with a minor in entrepreneurship.
Welcome!
Lansing, Ypsilanti, and Toledo are pretty good markets to check out.