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All Forum Posts by: Barak Yakobovich

Barak Yakobovich has started 3 posts and replied 8 times.

Hey Bigger Pockets Community!

I serve as the acquisition manager for a private equity firm specializing in retail and industrial properties.

I'm on the hunt for networking events in NYC specifically geared towards commercial real estate professionals. Have any tips? Whether it's a conference, seminar, or meetup tailored for folks like us, I'm eager to hear about it! Share your insights and let's elevate our commercial real estate endeavors in the Big Apple!

Furthermore, I'm enthusiastic about connecting and meeting individuals who share similar interests and reside in NYC.

Thank you!


Post: New Investor in Harrisburg PA

Barak YakobovichPosted
  • Investor
  • New York
  • Posts 8
  • Votes 5

Hi Everyone,

My name is Barak, and I am new to real estate investing in PA. I Did my research and decided to invest in Harrisburg.

My plan is to start out by purchasing SFHs, in a C class (and above) areas with a budget of 150K(All in),

Can anyone provide some tips for me?

Any special or unusual RE rules that I should be aware of at PA?

What are the best neighborhoods to invest in for buy&hold?

What are the worst (high crime areas)that I should stay away from ?

I would love to connect with agents and wholesalers that work with investors.

Thank you for your help.

Barak

Post: New Investor in Columbus Ohio

Barak YakobovichPosted
  • Investor
  • New York
  • Posts 8
  • Votes 5
Quote from @Remington Lyman:
Quote from @Barak Yakobovich:
Quote from @Matt Stewart:

@Barak Yakobovich  Columbus is a great place to invest and you'll find no shortage of Realtors ready to tell you that.  But just a little reality check for you.  Columbus is ultra competitive right now.  Wholesalers who are having steady success are spending a LOT of money each and every month on marketing.  They have teams of people working deals 7 days a week.  This isn't to discourage you, but know what you're up against.  You're going to have a lot of competition.

Next, it's not going to be easy to find deals in C neighborhoods for $120k.  Most of what you see at that price range is in Linden or Hilltop, and those are D class neighborhoods.  I'm broad brushing it a bit but those are also high crime areas that I have always avoided.  There are C class neighborhoods in 43232 and 43207, but it's going to be tough to find anything at the price range you indicated.  If you can bump your price range up to $150k you'll have more options in better areas.


 Thank you for your honest answer, Matt. Could you tell me who are the top wholesalers in Columbus? If I were to increase my budget to 150-170, what zip codes/areas would you suggest I look at for buy-and-hold investments?


I can send you some wholesaler referrals in Columbus, Ohio.

Yes, I would like to, it will be helpful for me

Post: New Investor in Columbus Ohio

Barak YakobovichPosted
  • Investor
  • New York
  • Posts 8
  • Votes 5
Quote from @Austin Steed:

Welcome to the Columbus market! I personally like following the big developments in town and riding the wave. We have 14 units under construction in town and still moving. Open to connecting and talking more.


 Thank you Austin, I wish you the best of luck with your project, I would like to connect and talk.

Post: New Investor in Columbus Ohio

Barak YakobovichPosted
  • Investor
  • New York
  • Posts 8
  • Votes 5
Quote from @Anthony L Amos Jr:
Quote from @Barak Yakobovich:

Hi Everyone,

My name is Barak, and I am new to real estate investing. I Did my research and decided to invest in Columbus.

My plan is to start out by purchasing SFHs, in a C class (and above) areas with a budget of 120K (All in), 

And in addition my plan is to run a wholesaling business (starting with sms campaign).

Can anyone provide some tips for me?

Any special or unusual RE rules that I should be aware of at Ohio?

What are the best neighborhoods to invest in for buy&hold?

What are the worst (high crime areas)that I should stay away from ?

I would love to connect with agents and wholesalers that work with investors.

Thank you for your help.

Barak

I agree with @Austin McClain that at your price point I would look into the Linden and Hilltop neighborhoods in Columbus. In addition, there are other markets in Ohio that cashflow and have a lower entry point such as Toledo and Dayton.


 Thank you Anthony for your response, what zip codes would you suggest I look at in Dayton?

Post: New Investor in Columbus Ohio

Barak YakobovichPosted
  • Investor
  • New York
  • Posts 8
  • Votes 5
Quote from @Matt Stewart:

@Barak Yakobovich  Columbus is a great place to invest and you'll find no shortage of Realtors ready to tell you that.  But just a little reality check for you.  Columbus is ultra competitive right now.  Wholesalers who are having steady success are spending a LOT of money each and every month on marketing.  They have teams of people working deals 7 days a week.  This isn't to discourage you, but know what you're up against.  You're going to have a lot of competition.

Next, it's not going to be easy to find deals in C neighborhoods for $120k.  Most of what you see at that price range is in Linden or Hilltop, and those are D class neighborhoods.  I'm broad brushing it a bit but those are also high crime areas that I have always avoided.  There are C class neighborhoods in 43232 and 43207, but it's going to be tough to find anything at the price range you indicated.  If you can bump your price range up to $150k you'll have more options in better areas.


 Thank you for your honest answer, Matt. Could you tell me who are the top wholesalers in Columbus? If I were to increase my budget to 150-170, what zip codes/areas would you suggest I look at for buy-and-hold investments?

Post: New Investor in Columbus Ohio

Barak YakobovichPosted
  • Investor
  • New York
  • Posts 8
  • Votes 5
Quote from @River Sava:

Hi Barak-

Awesome that you are jumping into REI and have settled on a place to invest! I work for a private nationwide lender that does deals in Columbus frequently. Would love to talk to you more about how we can help you with this investment and build your portfolio!


 Thank you for reaching out, yes I would love to 

Post: New Investor in Columbus Ohio

Barak YakobovichPosted
  • Investor
  • New York
  • Posts 8
  • Votes 5

Hi Everyone,

My name is Barak, and I am new to real estate investing. I Did my research and decided to invest in Columbus.

My plan is to start out by purchasing SFHs, in a C class (and above) areas with a budget of 120K (All in), 

And in addition my plan is to run a wholesaling business (starting with sms campaign).

Can anyone provide some tips for me?

Any special or unusual RE rules that I should be aware of at Ohio?

What are the best neighborhoods to invest in for buy&hold?

What are the worst (high crime areas)that I should stay away from ?

I would love to connect with agents and wholesalers that work with investors.

Thank you for your help.

Barak