All Forum Posts by: Eric Van Vliet

Thanks @Larry Fried! While MF is my goal, I am open to SF if the numbers work. Send me their info and I'll check them out!

@Matt K. - Yeah it seems like a hot market for sure! Do you invest in KC? If so, would love to get your thoughts/tips on managing a rehab from out of state.

@Eric Adobo - Love that metaphor! Thanks for the response!

@Eric Adobo - Thanks for the feedback, I'll check out Lane Kawakoa's stuff. Also, sounds like you're not a fan of turnkey investing? Ideally, I'd like to get into deals that need a little work so I can add value and build equity but am concerned that being an out-of-state investor, managing a rehab would be difficult (especially for my first investment property). This thought process has led to my interest in turnkey.

@Chinmay J. - Thanks for the tip!

@Tom Ott - I'll send you a pm shortly!

Hello BP Community!

I've been researching and educating myself on real estate investing the past few months and am ready to jump in! I'm looking to get into small - medium sized multifamily in A or B grade neighborhoods for buy and hold cashflow.

I've narrowed down my markets to Kansas City and Ohio. Kansas City because I have a friend that lives there and can provide some input/feedback on deals and Ohio because the numbers seem good. 

Anyways, as first investment I think that turnkey is an option I am very interested in (especially as I am investing from out-of-state). Does anyone have any recommendations on turnkey providers in these markets? I would also appreciate any thoughts/tips for turnkey investing in these areas!

Thanks,

Eric Van Vliet

@James Wise Thanks for the response and awesome info! I'm really liking what I'm hearing about Cleveland these days. I'd be interested to get your thoughts on how Cleveland stacks up to other mid-west markets for cash flow. My strategy is to start out with smaller multi-family (2-4 plex) properties to get my feet wet with the ultimate goal of investing in large multi-family properties after visiting the market and building a support team. I'm still evaluating markets at this time but to be honest I think I may be suffering from paralysis by analysis. I'm currently work as a Data Analyst so it's my nature to be analytical but I think I need to just jump in! 

@Mike Bargetto Thanks for the response! I'd love to connect with you and talk REI! I'll send you a DM for details.

@Robert DeForge @Ali Boone @Aziz Raji - My apologies! I was having trouble tagging you in my responses above on my phone. Would love to hear from you!

@Larry Fried - Thanks for the tip! For some reason tagging people wasn't working for me on my phone but I'm back from vacation with access to my desktop and it's working! I'm curious to hear what mid-west markets are particularly appealing to you. So far, I've kind of honed in on Ohio (Cleveland, Columbus, Toledo) but am also looking into Kansas City and St. Louis.