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All Forum Posts by: Evan Hopple

Evan Hopple has started 0 posts and replied 165 times.

Post: Looking for Cash Flowing Rentals for Under $200k

Evan Hopple
Agent
Posted
  • Real Estate Agent
  • Columbus OH
  • Posts 167
  • Votes 332

@Richard Wilkinson

Most investors in today's market find positive cash flow by updating a property that needs minor improvements, that are discounted accordingly. You can find these deals in most midwest markets. I'd invest in a market that has metrics to support long-term growth, population, and job growth, to name a few. 

Post: New to the forums!

Evan Hopple
Agent
Posted
  • Real Estate Agent
  • Columbus OH
  • Posts 167
  • Votes 332

Welcome @Jenny Arena, BP is a great place to get started! 

I recommend buying a turnkey long-term rental on your first out-of-state deal. Fewer variables make the deals easier to analyze and more predictable. 

Post: First Time Investment Property Buyer

Evan Hopple
Agent
Posted
  • Real Estate Agent
  • Columbus OH
  • Posts 167
  • Votes 332
Quote from @William Silva:

Hello BP Community,

I've managed to save up around $90,000 to invest in my first rental property. I live in Miami, FL and don't want to buy here since prices are incredibly high.

I want to invest in growing communities, not exactly sure if I want to buy an AirBnb as my first out-of-state investment or 3-6 month short term, or a 1 year+ property. Also not exactly sure which state I'd want to invest in.


Questions for you who do this successfully:
1. What has been your favorite state to invest in? (some of my own research: Georgia, SC, NC, OH, TN)

2. What is your favorite renting strategy in that state? (Airbnb, short term rental, 1year+)

3. I know I have more questions but I've drawn a blank... I'm sure with your responses, I will generate more questions.

Thank you for all the help! Gd bless

Note: I'm a licensed Realtor + MLO in Florida.

Wherever you decide to invest, I would buy a turnkey long-term rental for your first one. You'll learn a lot with fewer variables than a short-term investment. Long-term investments are more insulated from market fluctuations and provide more benefits over time, like debt paydown and appreciation

Post: Still investing in Cleveland/sub-markets?

Evan Hopple
Agent
Posted
  • Real Estate Agent
  • Columbus OH
  • Posts 167
  • Votes 332

@Jhamari Hogan

Cleveland has solid deals that are cashflow positive. Columbus could be another option with better metrics for long-term appreciation, but the cash flow will be tighter compared to Cleveland. 

Post: Seeking for boots on the ground in cleveland OHIO

Evan Hopple
Agent
Posted
  • Real Estate Agent
  • Columbus OH
  • Posts 167
  • Votes 332
Quote from @Kamel Daniel:

Hi everyone,

My name is kamel daniel, and I’m an investor focusing on the Cleveland OH suberbs (mayfield heights, lyndhurst, mentorm willoughby...) real estate market. I’m currently looking to expand my portfolio and am in need of reliable boots on the ground.

I am looking for someone I can trust, who can see the property and tell me honestly if it needs a lot of renovation, if there is a bad smell in there, what is the general condition!!
 he have to understand a bit about renovations, I prefer not a contractor because the contractor has an interest in getting the job, and it would not feel comfortable to send him to several properties even if it is paid.

If you or anyone you know can help, I would love to hear from you


 A licensed home inspector would be the best fit

Post: Looking to connect with like minded investors

Evan Hopple
Agent
Posted
  • Real Estate Agent
  • Columbus OH
  • Posts 167
  • Votes 332

Post: Looking for off market deals - Columbus, OH Area

Evan Hopple
Agent
Posted
  • Real Estate Agent
  • Columbus OH
  • Posts 167
  • Votes 332

@Weston Hunter

Are you local to the area? If so, that's a huge leg up on the competition 

Post: Just Saying Hi!

Evan Hopple
Agent
Posted
  • Real Estate Agent
  • Columbus OH
  • Posts 167
  • Votes 332

Welcome @Justin Ellsworth! BP is a great place to get started.

An A/B class property in Cincinnati will be cashflow negative for the first 4-7 years. Over time, the income will catch up to the cost. If you can stomach that initial phase you'll be in a great position when the property is cashflow positive and worth considerably more. 

Post: First time investor looking to chat!

Evan Hopple
Agent
Posted
  • Real Estate Agent
  • Columbus OH
  • Posts 167
  • Votes 332

Welcome, @Anna Ramashkevich! BP is a great place to start growing your knowledge in preparation for your first investment

Post: New Investor with $100k - Where would you start?

Evan Hopple
Agent
Posted
  • Real Estate Agent
  • Columbus OH
  • Posts 167
  • Votes 332

@Tanner Sortillo

Where would you start and what would your approach be if you were a new investor with $100k set aside for RE investing? - Buy a cash-flowing, turnkey duplex in a C+ location in a growing city like C0lumbu5, 0H. No brainer.