All Forum Posts by: Drew Lamb

@Jay Helms nice man! Haven’t looked into syndicates too much but I’m sure I will learn about them more as time goes on. My goal is to just keep grinding at this game. I love studying it, I loved my first purchase, and I just look to keep going and see where it takes me!

@Remington Lyman yeah those houses near the university can get pretty expensive. Having them vacant or having to drop rent prices would be a killer!

@Michael Noto the extra cash at the end of the month as definitely accelerated my savings rate, the added savings at the end of the month will really help with the next purchase!

@Zeke Liston yes, I bought my current home with 5% down but may look into putting more down on the next one.

@Nick Rutkowski yes, the houses here tend to be on the cheaper side, although in central Ohio 100k is not going to get you much and will probably be in a rough area.

@Huy Le yes, definitely will still be studying hard!

How have my fellow buckeyes seen the coronavirus affect our market? Do you see any trends relating to our micro-economy? I want to see what everyone in the central Ohio region says about this? I spend most of my study time on houses in northern Columbus and the hocking hills region but really want to hear about Ohio as a whole.

I have 20k in savings that is designated for real estate. I’m currently house hacking with my first ever purchase that I’ve lived in for 2 months now. I am just wondering what you guys would do with 20k+ in savings for real estate?

@Julie McCoy thank you so much for that answer, That really helps! And I guess if regulations would come down hard and the industry and AirBNB or similar companies had to close you could probably list them on a local or private site and be in much better shape than those residing in major population regions.

@Jon Crosby I love that point about the big hotel chains having shared surfaces... I never even thought about that!