All Forum Posts by: Edward C.

@Zachary Corum, not sure if it’s too late, Just browsing through right now and saw your post, but have you looked into online platforms such as Hemlane? 

Thanks @Vincent Gable. Will try to connect with you offline. 

Columbus has pretty much all my metrics for great market to invest in, EXCEPT for job growth rate. For the amount of population increase as well as hotness of housing market, it’s surprising for me to see the job growth for 2019 at low 0.6%. On top of that, it’s also surprising to see that 20% of the population in Columbus live at or below poverty line. Anyone has insights for both? Not sure for the poverty line they take in college kids... Thanks for the insight. 

Eddie

Hi @Brandon Sturgill, thanks for the questions. For SFRs, depending on price point, I can do all cash / delayed financing. At least that’s my goal. For MFs, it would likely be cashout refi through forced appreciation play. I am currently doing some research such as areas, college kids vs blue collar for long run, what’s likely “more” recession proof, SFRs vs MFs, lending practices there, PMs etc etc, and BP forum hopefully is one such research tool :).

Thanks everyone, I will reach out individually. 

Eddie

Thank @Remington Lyman, will reach out. 

Also if there are OOS investors wanting to connect, I would also love to get to know you as well. Happy investing!

Eddie

Hi everyone, just want to introduce myself to the Columbus area investors. I am an investor from the Seattle area, and I will be investing in Columbus soon. Just want to connect with the right people and hopefully build meaningful relationships and help each other grow business. I am looking to BRR either SFRs or MFs either in appreciating neighborhoods or solid blue collar, stable renter friendly markets. Thanks in advance for your time and consideration!

Eddie

Hi guys, I know this is a broad question, and I know that it "depends". But just looking for general consensus; hoping to guide my research in narrowing down my market. In your experience, what was the factor(s) that set apart rental units that were "successful" from those that were "unsuccessful" ones during the last downturn? Geographic location like west coast/ east coast versus Midwest? Urban vs suburban? Income level of your tenants like white collar vs blue collar? Lower rental rates vs higher rates? Good schools nearby? Neighborhood class like B vs C? SFR vs MF? Proximity to things like hospitals and universities? Diversity of industries in your town... Etc? I hope this is an interesting topic that successful investors would like to shed some light on. Thanks a lot for your time!

Eddie

Hi everyone, I'm looking at 2 markets in the Midwest as well as Spokane for BRRR possibilities. If anyone knows of good brokers that has a team in place would you mind sharing that info? I am happy to share what I have found in my Midwest market. I'm just trying to compare notes and narrow my search and decide which market to pursue. Thank you in advance for your help!

Eddie

@Megan Shay excellent tip on holidays for rentals. That’s a gem for me. Thanks!

Eddie