All Forum Posts by: Clay Boykin

@Jared M Pilarski So there are multiple ways to go about investing OOS. First and foremost, you should have an idea on how you are going to finance/purchase said property. I recommend either purchasing something with LOC/HM/Cash, or if you can do delayed financing. As far as something around your said purchase price, I would also recommend Columbus, OH for a starter market/somewhere to plant your investment roots. The majority of sub-markets in Columbus favor the 1% rule if not super close. Feel free to reach out to me if you would want to learn more about this market. Either way, Happy Investing!!

@Kent Williams I would suggest Columbus. This city has a steady increase in appreciation even though in certain areas the 1% rule doesn't always apply. 

@Kent Williams I would suggest Columbus due to the fast appreciation that is taking place. There are sub-markets that are appreciating more than others such as Linden, Hilltop, Clintonville, etc. but these areas rent is not the greatest compared to Worthington, Westerville, Whitehall , etc. 

@Jason Kang My best piece of advice is to network in any way possible. Yes, the internet is the best way but I would also suggest sitting down and having  virtual meetings (since you are OOS) with people active in the market. Identify what your niche/criteria is then target those markets. There are plenty of investors out there that can lead you in the right direction as far as acquiring knowledge for Off market deals. Happy Investing!

@Tanner Kenneth Jenkins I suggest to start networking as much as possible. I see that you are located in Salt Lake City. I would like to hear how the market is there, I have not done much research over there but I'm all ears. As far as starting out and picking a market, I suggest the mid-west such as Columbus, Indianapolis, Kansas City, St. Louis, etc. Feel free to reach out to me if you have any questions moving forward. Either way, Happy Investing!

@Isaac Lane 2021 has really been an exciting year for real estate in Columbus Ohio. I have noticed trends rise and fall in different sub-markets such as Clintonville/Campus, or even Hilltop/Wilshire Heights. Although, one thing that has caught my eye is the amount of different pockets arising around the CBUS. We all know there are two sides of Cleveland ave, but little pockets such as Olde Worthington, Westgate & Wilshire Heights, Stutter Ave, etc. It just depends on your exit strategy. Airbnb's seem to be getting more popular in Columbus as the months go on, in areas such as Campus, Worthington, Southern Orchards, Short North of course, and Whitehall. I don't know about y'all but I love looking at market data. Happy Investing!

Hey There! Since Columbus is the 5th fastest appreciating market nationwide, I have noticed a sway of trends happening around the city with investors. From Airbnb to a quick flip, and even to a lease option. What other exit strategies are you using and what are you planning to utilize in 2022 for your next deals? I would love to hear some feedback. 

@Tristian Cox I wouldn't suggest pulling all your cash out, maybe a little bit for a down payment but leave some equity in your house. It's great that you house hacked, that's an amazing strat everyone should utilize. Depending on how much you want to take on for rehab depends on rehab. In Columbus, you could find a relatively decent (45k Rehab) duplex for under 200k in areas such as Whitehall, North Linden, Southern Orchards, etc. Tenants are average but that comes with area. Since you are investing OOS as well, just be open minded and narrow down your niche as much as possible. Happy Investing!

@Ryan Cleary How are the numbers looking? Does the interior need work? Where is it? I'd love to hear more about this opportunity you have engaged in!

@Saleh Riazi Everyone in Columbus has their own opinions on each neighborhood/pockets. Do your own due diligence and build your own trustworthy relationships moving forward. I have investors that love to buy slums (section 8), Areas like Franklinton/Hilltop/South Linden. Then there are investors that love Airbnb's such as Clintonville, Short North, Campus, etc. As @Remington Lyman said, Columbus is appreciating rapidly and classifying neighborhoods is completely opinion based. It just depends on your investment strategy.