All Forum Posts by: Elliot Obeng

@Mike D'Arrigo thank you for the feedback and the information. No, we do not have boots on the ground as of yet. We are continuing our education and will reach out to some members on here that are in the area.

@Bryan C. thanks man!

@Kris Wong thanks for your reply! It makes sense and I will factor that in.

@Bryan C. Good to know and I will continue to educate myself on the area. Would you mind sharing any of you contacts there in a PM? The realtors you used and any contractors. Thanks again for the response.

@Anthony Dooley thanks for responding. I’m not looking to move in any of the markets. I appreciate your insight.

Hi all,

My wife and I are newbies and want to make our first purchase. We have been doing our readings from Brandon Turner, reading BP blog posts/forums (so much invaluable info), and looking at properties on realtor.com. We just got approved for a heloc for our primary mortgage that we have only been in for 2 years. Our goal is to buy and hold multi family units.

We live in northern, NJ where property taxes are really high so we are looking out of state to get more bang for our buck. As we research we see that Fayetteville NC, Dayton and Cincinnati, and Detroit are good markets.

We are wondering from those who have experience in these markets, would we be able to get 2 properties and do the BRRR method? Which zip codes are ideal?

How much cash reserve should we have?

Any connections to contractors/realtors?

We would want to plan a three day trip in the area of choice to field the area and make a deal.

Any advice/ thoughts are appreciated.

Thank you!

@Keyonte Summers hope all is well! Would you be willing to connect to share some of the golden zip codes? Newbie that is ready to get started on my first deal.

@Ben Sosa Hope all is well! Are you investing in lower or upper Roseville? How has your experience been thus far? I’m a newbie looking for 2-3 fam preferably 3 fam to rent out for buy and hold.