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All Forum Posts by: Anthony L Amos Jr

Anthony L Amos Jr has started 6 posts and replied 480 times.

Post: What's your cash flow strategy for 2024?

Anthony L Amos JrPosted
  • Real Estate Agent
  • Columbus, OH
  • Posts 491
  • Votes 675
Quote from @Alex Rodgers:

Hi everyone,

I've been looking for properties for months and am still having trouble finding properties that cash flow. I'm aware that with high interest rates and the crazy rates of appreciation we've experienced within the past few years it's almost impossible to find something on the MLS, but I'm not sure what other strategies are working right now. What strategies have you used successfully in the past year to aquire a cash flowing property? Did you go through a wholesaler? Did you buy a MTR/STR? I'd love to hear about your experience!

Cleveland and Toledo have plenty of cash flowing deals. 

Post: Guidance or strategies for first time investor

Anthony L Amos JrPosted
  • Real Estate Agent
  • Columbus, OH
  • Posts 491
  • Votes 675
Quote from @Angelina Le:

What guidance or strategies should a first-time investor seek when searching for a lucrative home investment?


Study different exit strategies, choose one based of off your goals, timeline, and risk tolerance, then find a mentor. 

Quote from @Petr S.:

Hello BP,

I am visiting Columbus, Indianapolis, Cincinnati, Detroit throughout next week so would love to connect with RE BP community. Looking to buy my first multi-family and would like to learn more about the cities. I am planning to visit the cities next week so if there are any meetups please let me know, would like to connect with investor friendly agents, investors, property managers and anyone who is active in the above mentioned real estate markets.

Thank you and looking forward to connecting! 

Petr

Invest in the wonderful town of Columbus, OH. Home to The Ohio State University with nearly 60,000 students, 5 Fortune 500 companies, over +25% population change since 2000, and the 2016 smart city challenge award winner (https://www.columbus.gov/smartcity/). Furthermore, Intel is spending 20 Billion dollars to build two semiconductor plants, and many more great things presently and coming in the future. Needless to say, Columbus will remain a strong real estate market for the foreseeable future.

Post: New to REI and ready to move forward!

Anthony L Amos JrPosted
  • Real Estate Agent
  • Columbus, OH
  • Posts 491
  • Votes 675
Quote from @Eric Forsberg:

Hi all – I'm new to REI and just joined BP. I have a W2 job that pays well but consistently leaves me wiped out. I'm really drawn to REI so I can spend more time with my family (spouse and 2 kids), retire a little earlier, and decrease the constant stress from my current job.

I've owned my home together, with my husband, in Boston, MA (purchased Jan 2020) and also a STR in Ludlow, VT (purchased Apr 2018) near a ski resort. We owned our previous primary home that we purchased in 2013 (sold in 2020). We bought the VT house with the idea of renting it out only occasionally; however, when we saw how well it did, we rented it out year-round and it does very well. We renovated about half the house in 2021 and the other in 2023. Bought for $210k and recently appraised for $795k.

As I'm based in Boston, MA, I would love to invest in other rehab/flips, MFHs, and/or STRs. We worked closely with the builders and contractors for the VT rehab projects so we are confident we could continue down that route. We also love the idea of another STR but property is so expensive here (Boston) that it may not be worth it. Also looking in VT for other STR properties. I LOVE managing the STR and really strive to make sure my guests have a fantastic time so I'm really drawn to that aspect.

Additionally, I’m up for long distance investments but I would definitely need some mentoring there because it was hard enough managing the VT reno from Boston.

My current strategy would be to rehab/flip a few houses a year so I can leave my W2 job and also add some buy and hold rentals (MFH, STR). However, I've learned a lot from this site and the podcasts so far and my strategy will likely evolve. If anyone has some advice or guidance to get me started, I would be greatly appreciative. Cheers!

Invest in the wonderful town of Columbus, OH. Home to The Ohio State University with nearly 60,000 students, 5 Fortune 500 companies, over +25% population change since 2000, and the 2016 smart city challenge award winner (https://www.columbus.gov/smartcity/). Furthermore, Intel is spending 20 Billion dollars to build two semiconductor plants, and many more great things presently and coming in the future. Needless to say, Columbus will remain a strong real estate market for the foreseeable future.

Post: Hello from a newbie

Anthony L Amos JrPosted
  • Real Estate Agent
  • Columbus, OH
  • Posts 491
  • Votes 675
Quote from @John Cunningham:

Hello, I have wanted to start investing in real estate my whole life but have never felt like I had the knowledge to do so. I'm starting to research different ways to invest and someone I met recently recommended this group.

 Welcome @John Cunningham

This platform has a ton of information and good people to learn from. Make 2024 the year you dive in! You won't regret it! 

Post: From Toronto, looking to invest in Ohio!

Anthony L Amos JrPosted
  • Real Estate Agent
  • Columbus, OH
  • Posts 491
  • Votes 675
Quote from @Somesh Mukherjee:

Hi all, I am looking to diversify & add a small apartment (3-4 units) to my portfolio. Very interested in the Cleveland/Ohio market in addition to a few other cross-border cities closer to Toronto. I was looking for some advice (viable target areas in Cleveland or Ohio in general, financing options and credible PM/realtor contacts) from the experts here though especially if you are in a similar boat as mine (reside in Canada/Ontario area and invest in US).


 Cleveland is a solid cashflow market. I would be happy to share my contacts! 

Post: Young Investors seeking advice on investing in the Columbus Ohio market

Anthony L Amos JrPosted
  • Real Estate Agent
  • Columbus, OH
  • Posts 491
  • Votes 675
Quote from @Nikash Rajeshbabu:

Hey all, 

Hope everyone is doing well! My business partner and I are 3rd-year college students (I'm studying electrical and computer engineering at Rutgers and he's studying data analytics at UIUC) and are looking to buy our first rental property (our buy box includes SFH and multi-family) out of-state this year. We have taken a lot of interest in the Columbus Ohio market and have been trying to research the area. We would appreciate any help from investors and locals in the area to give us some guidance and advice regarding the area! Please feel free to reach out to me directly as well, I am more than eager to hop on calls with investors to get a feel for the area. Thanks so much guys!

 Invest in the wonderful town of Columbus, OH. Home to The Ohio State University with nearly 60,000 students, 5 Fortune 500 companies, over +25% population change since 2000, and the 2016 smart city challenge award winner (https://www.columbus.gov/smartcity/). Furthermore, Intel is spending 20 Billion dollars to build two semiconductor plants, and many more great things presently and coming in the future. Needless to say, Columbus will remain a strong real estate market for the foreseeable future.

Post: Anywhere left to invest in inexpensive real estate ?

Anthony L Amos JrPosted
  • Real Estate Agent
  • Columbus, OH
  • Posts 491
  • Votes 675
Quote from @Michelle Backer:

Anywhere I can buy property still for cheap

Possible good investment?

Iowa? Nebraska?

I have not been keeping up lately although now i am.

I live in NYC.

Check out Cleveland and Toledo, OH, here you can find affordable investments under 100k 

Post: New member with an interest in flipping houses and buying rental property

Anthony L Amos JrPosted
  • Real Estate Agent
  • Columbus, OH
  • Posts 491
  • Votes 675
Quote from @Arzola Fuller:

I am interested in buying property out of State to flip or to purchase for rent.

Invest in the wonderful town of Columbus, OH. Home to The Ohio State University with nearly 60,000 students, 5 Fortune 500 companies, over +25% population change since 2000, and the 2016 smart city challenge award winner (https://www.columbus.gov/smartcity/). Furthermore, Intel is spending 20 Billion dollars to build two semiconductor plants, and many more great things presently and coming in the future. Needless to say, Columbus will remain a strong real estate market for the foreseeable future.