Hey there Biggerpockets!
From the first day I've gotten on to this website, I couldn't stop myself from wanting to learn more about investing in Real Estate. From where I live, the price is out of my range to even get my leg in the door. After that, I read and watched videos on Out-Of-State investing. The feeling of me not being where my property is scares me and made me feel like it wasn't possible at all. But after
I've spoke with many successful investor, I've gotten a better feeling of the idea.
The three cities I was looking into were Columbus Oh, San Antonio Tx and Tampa Fl. Mainly for the prices the houses I can afford. (Might not have been the best Idea.) But also job growth and people moving into the city.
I ended up picking Columbus Oh because of the availability. The realtor I started talking to was @Remington Lyman and @Zeke Liston . Both very friendly and helped me get on the MLS so that I can see which houses pop up in the market.
I ended up working with @Zeke Liston because ( There are many reason but this one stood out to me the most) there was this one time he went out of his way to check out a house for me in the middle of a Saturday afternoon because I had a lot of interest. He got straight there(15-30mins) and facetimed me, showed me around and put an offer for me right there and then. It showed me how much Zeke actually wanted to work with me. I ended up not being able to purchase that house because someone else paid all cash for it. After, Zeke went hunt mode for me. He knew what I wanted and what kind of home I was looking for. He would send me houses and give his honest opinion on the house. Every time I would need a phone call, he will give me the best time for both of him and I.
We went hunting for months and finally found one that fitted what I was looking for. The house is locate in the 43206 zip code. Name of the area is Driving Park or Deshler Park. It was a pretty much a turnkey property that could just be rented as soon as possible. The reason I felt like I this was a good choice for me (You can comment or direct message me if you think I am wrong or have other ideas for me) was because my down payment was even less expensive that purchasing a house that would need help and the rehab on it. With Rehab, I was willing to do so also but since this was my first time, I would've liked less headaches.
The home price was around 175 but Zeke helped me get it down to 160 plus closing cost. It is a two unit house, with one side rent of 795. Zeke recommended me a PM name Donny Thompson. He's pretty solid as of right now. Donny got my house rent in only a month or two. So I can't complain.
Overall, I am proud of making my first step into the real estate world but don't know if it was the right move with everything going on. This house will be a buy and hold for as long as I can hold it for. If you have any questions or thoughts about this post , please reach out and speak to me. I would love to hear more about your stories about Columbus and investing in Real Estate. I'll keep everyone updated with how everything is going on in about 6 months.
Thank you Zeke for helping me out. This wouldn't have been possible without you.
