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All Forum Posts by: Evan Hopple

Evan Hopple has started 0 posts and replied 191 times.

Post: New to real estate - Introduction

Evan Hopple
Posted
  • Real Estate Agent
  • Columbus OH
  • Posts 193
  • Votes 371
Quote from @Colin McGurk:

Hey all! I'm new to both Bigger Pockets and real estate as a whole. Looking to buy my first property in about a year but eager to learn and prepare in the meantime. I am in the Navy and living in Virginia. 


 Welcome! BP is a great place to start

Post: New to long distance investment properties

Evan Hopple
Posted
  • Real Estate Agent
  • Columbus OH
  • Posts 193
  • Votes 371
Quote from @Hilda Cervantes:

Hello Everyone,

I am very excited to be part of this forum now that my daughter and I are starting this new journey of investing our money in real estate. We recently purchased our first house in OH, far away from our home in CA. I am looking forward to learning from all of the members as well as the tools offered here. I'm going to be honest, it is kind of scary venturing into unfamiliar territory, after 19 years in the home health industry, but being part of Bigger Pockets gives me the confidence necessary to not give up or slow down. 


 Welcome to BP, Hilda!

Post: Excited to join this community.

Evan Hopple
Posted
  • Real Estate Agent
  • Columbus OH
  • Posts 193
  • Votes 371
Quote from @Marcia Cajeira:

Hello!

I'm excited to join this community as I begin my real estate journey. I'm trying to learn as much as possible to gain the confidence needed to invest in my first property. I'm based in Bucks County, PA, but I frequently visit Ocean County, NJ, and Southwest Florida. I look forward to getting to know these markets better and connecting with fellow real estate professionals here.

Any advice or insights you can share would be greatly appreciated!

Thank you,

Marcy

Welcome to BP!

Post: Newbie's to Real Estate Investing out of state

Evan Hopple
Posted
  • Real Estate Agent
  • Columbus OH
  • Posts 193
  • Votes 371
Quote from @Ola Inyang:

As a newbie to real estate investing, I'm excited to embark on this journey of building passive wealth. I'm particularly interested in investing in single-family homes (SFHs) or multi-unit properties in emerging cities across the United States. To make the most of this opportunity, I'd love to hear advice on promising emerging cities to focus on, the advantages and disadvantages of each, and alternative financing methods beyond traditional mortgages

Entry-level pricing, job market, landlord regulation, population growth, and price-to-income ratio are a few of the major metrics to consider when deciding on a market to invest in. 

Good luck!

Post: Advice on buying my first rental

Evan Hopple
Posted
  • Real Estate Agent
  • Columbus OH
  • Posts 193
  • Votes 371
Quote from @Tim Phillips:

I am a general dentist in the Akron area looking into purchasing my first rental property (specifically condo's).  The locations I am looking into right now are Conway, SC and Titusville/Melbourne, FL.

What drew me to these locations are the lower costs of condo's relative to the greater Akron area, as well as the properties are sitting on the market much longer than in my area, and overall higher monthly rents.  The drawback I have is that it is difficult to pounce on properties that are still selling relatively quickly with the commitments I have  to my patients in my dental practice.  

What advice would you offer to someone with no experience to date with rentals in terms of selecting the best location to look for properties?  I have had several friends suggest that it would be wiser to start off with rentals within driving distance of where I live.  Just curious and would appreciate brutally honest thoughts.  Thanks!


Having an agent in place to find the best available deals and filter out the bad ones will make the investment process much more efficient regardless of the market you choose.

When it comes to choosing a market to invest in, you don't have to look too far. There are out-of-state investors purchasing properties near you


Post: Looking to buy investment property

Evan Hopple
Posted
  • Real Estate Agent
  • Columbus OH
  • Posts 193
  • Votes 371

Hi @Nakul Patel, welcome to BP

I can't speak for California, but you don't have to market specifically for Section 8 tenants in Ohio. Individuals with a Section 8 voucher will typically seek the nicest housing that does not exceed their voucher limit. Wherever you invest, I recommend hiring a property manager who is highly knowledgeable about Section 8 and its frequently changing guidelines.

Putting down at least 20% ensures the best rates and avoids any PMI payments.

Good luck!


Post: New Investor Looking in the Dayton, Ohio Area

Evan Hopple
Posted
  • Real Estate Agent
  • Columbus OH
  • Posts 193
  • Votes 371

@Kenneth P Ford

Plenty of good options here, depending on your investment strategy. Happy to help!

Post: New out of state investor looking for college towns

Evan Hopple
Posted
  • Real Estate Agent
  • Columbus OH
  • Posts 193
  • Votes 371

@Naveen kumar Vadlamudi

You can successfully invest in most Midwest markets if you build your core 4 of a local real estate agent/deal finder, lender, contractor, and PM - BP is a great place to start!

Post: Need Advice: BRRR Strategy for 1st Time Buyer

Evan Hopple
Posted
  • Real Estate Agent
  • Columbus OH
  • Posts 193
  • Votes 371
Quote from @William Pichardo:

Hi Everyone,

I've been saving up and now have over $150k in liquid funds. I'm looking to get into the BRRR (Buy, Rehab, Rent, Refinance, Repeat) strategy but want to build a strong team and could use some guidance. Any tips or advice would be greatly appreciated!


BP is a good place to start building your team!

Post: New investor interested in multifamily properties

Evan Hopple
Posted
  • Real Estate Agent
  • Columbus OH
  • Posts 193
  • Votes 371
Quote from @Shane Cordrey:
Quote from @Mitch Messer:
Quote from @Shane Cordrey:

Im a new investor trying to get into multifamily property investing and long term rentals.


Welcome, Shane!

What specific markets are you considering?


 Thanks Mitch.  I am looking into markets that have a military base near by.  Any active duty base is preferable.    


 Dayton, OH is a solid rental market supported by the Wright-Patterson base