All Forum Posts by: Chris Horne

Hi @Tyler Durbin: I don't know how small of a job they would take and whether it would be a good fit for you, but I know that Ohio Property Brothers is reputable and does great work. 

Great event, thanks for organizing Vincent!

Hi @Jenny Tang, welcome to BP! I'm also starting my RE investment journey in Columbus. Best of luck to you, see you around! 

@Kim Younkin @Peter Lohmann Good to hear, and thank you both for your responses. I'll be reaching out directly soon. 

@Chinmay J.@Andrew Johnson Thanks guys, this is really helpful. Totally makes sense. 

@Joe Villeneuve Thanks Joe, that's an interesting model. Eventually I want to find the properties, raise the capital, put the team together, and manage the entire process. I'm willing to spend substantial amounts of time in my remote market, but I need it to be scheduled ahead of time--I just can't jump on a plane every time a toilet needs to be fixed. 

@Chinmay J. That totally makes sense. So it sounds like it is possible to find decent 3rd party management for smaller multi-family properties, even if you're just starting out? 

Hi everyone,

My goal is to buy multi-family properties for long-term, passive cash flow. I’m in New York, but the local real estate market here seems impossible right now for someone like me, so I decided to invest remotely in Columbus, Ohio. I’ve often heard the following advice: if you’re just starting out and want to get into multi-family, look for a 4-plex or a small multi-family property. However, I’ve also heard that you need to have at least 40 – 50 units in order to hire a good 3rd party property management company.

How should a remote investor reconcile those two statements? Do people start small, self-manage remotely, and work their way up to 3rd party management? If so, how do you manage a small multi-family property remotely? Or is one of those statements not necessarily true: maybe it’s possible to jump straight to a large property, or maybe it’s possible to find good 3rd party management even if you only own one small multi-family property? Thanks in advance for any advice on this.

Hi everyone! I've been listening to the podcasts and checking out the forums—you have an amazing community here. I'm an urban planner in New York for my day job, but I want to start buy-and-hold investing in apartment buildings to create additional income. I looked at opportunities locally, but the numbers are tough right now for buy-and-hold cash flow investing, especially for someone like me just getting started. I looked all over the US and decided to focus on the Columbus, OH metro. Most days I work remotely, so I can spend a significant amount of time in Ohio. I'm trying to be open and learn whatever I can right now, so my approach might change, but to begin with, my intention is to acquire small-and-medium sized class B and C multi-family properties, increase NOI, and hold for the long-term. For now I'm learning the market and meeting other people in the industry, and on BP, I'm looking forward to connecting with fellow members of the community and giving back however I can.