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All Forum Posts by: Brandon Goldsmith

Brandon Goldsmith has started 7 posts and replied 1012 times.

Post: New to real estate investment-Market research

Brandon Goldsmith
Posted
  • Real Estate Agent
  • Columbus, OH
  • Posts 1,054
  • Votes 1,322

A lot of investors also check out the midwest. Most states are pretty affordable, landlord-friendly laws, and inventory is available wether its on or off-market @Zlata Ishk

Post: Investing in Columbus Ohio

Brandon Goldsmith
Posted
  • Real Estate Agent
  • Columbus, OH
  • Posts 1,054
  • Votes 1,322

A lot of the homes built in metro Columbus are going to be over or around 100 years hold, closer to an 8-10% maintenance budget might be more realistic. Also keep in mind that there are some things that are will be present that are part of an older property, basements might be damp,  knob and tube will still exist in the walls if a full gut hasn't been done. @Appy Jagpal

Post: Confused on where to start

Brandon Goldsmith
Posted
  • Real Estate Agent
  • Columbus, OH
  • Posts 1,054
  • Votes 1,322

As many others have said, its all about connecting with those who are actually doing what they say they are and being able to prove it. There will be some mistakes but along the way but as long as you are mitigating them you will be much better off from these learning curves than 99 percent of courses. @Stace Breland

Post: I'm a new investor, my plan to invest out of state

Brandon Goldsmith
Posted
  • Real Estate Agent
  • Columbus, OH
  • Posts 1,054
  • Votes 1,322

If at all possible, house hacking is the best option. If you decide that doesn't make sense or really isn't feasible (really depends on which market you live in) then there are plenty of options in the Midwest @Chris Ochsner

Post: Ready To Execute First Rental Property

Brandon Goldsmith
Posted
  • Real Estate Agent
  • Columbus, OH
  • Posts 1,054
  • Votes 1,322

Columbus is a solid option to start out on. There are a good amount of markets in Ohio but the most growth is in Central Ohio at the moment @Karen Mizrahi

Post: Newbie with high income - Invest local or long distance?

Brandon Goldsmith
Posted
  • Real Estate Agent
  • Columbus, OH
  • Posts 1,054
  • Votes 1,322

The easiest way to get started is to house hack locally. I would do some research in that avenue of LA and see if its feasible. It it isn't then I would suggest looking out of state at some of the cheaper areas of the country. Most usually start looking in the Midwest. @Sean Haran

Post: Why is the Ohio market so popular right now?

Brandon Goldsmith
Posted
  • Real Estate Agent
  • Columbus, OH
  • Posts 1,054
  • Votes 1,322

The price points for the majority of the state make it easier for new investors to get started while cash flowing. This also helps people scale a little quicker. The laws are also landlord friendly compared to some of the coastal states. @Luca Perinuzzi

Post: It's nice to meet everyone. I'm Janet!

Brandon Goldsmith
Posted
  • Real Estate Agent
  • Columbus, OH
  • Posts 1,054
  • Votes 1,322

Welcome! If possible I would recommend starting with a house hack. If not then a light value add is usually next best. The BRRRR is grat but you need to learn how to work with contractors first so make sure that part is set in place! @Janet Cho 

Post: Is a BRRRR mentorship worth it?

Brandon Goldsmith
Posted
  • Real Estate Agent
  • Columbus, OH
  • Posts 1,054
  • Votes 1,322

I would recommend doing more research on how to properly vet a contractor. Asking for references, past projects etc.. If that is the main limiting factor then I would focus on how to solve that problem @Ajay Kumar

Post: First long term rental investment

Brandon Goldsmith
Posted
  • Real Estate Agent
  • Columbus, OH
  • Posts 1,054
  • Votes 1,322

If its possible its usually best to start local. If it isn't then you might want to consider some states in the midwest. Typically most are pretty landlord friendly @Ajay Renga