All Forum Posts by: Evan Hopple

@Sean Urann

Look at turnkey properties on your first one. Fixer upper deals are tough starting out

@Cesar Garcia

You need a property manager on your first out of state deal, the savings aren't worth the risk. Invest in markets like Cleveland or Dayton where you can still cashflow with a PM in place

@Account Closed

Consider if it's worth the time/money to find deals off market over just paying someone that spends their own resources up front that have the experience and relationships in the specific market you're looking. 

I would get a few deals done first with someone representing you to learn the market and buying process before you go out on your own. 

@Catherine Ding

Both cities are good options but very different RE markets. Sounds like Cleveland is going to be the best fit if you're looking for cashflow. In Columbus the numbers are tighter but there are more catalyst for appreciation

@Josh Fugle

Dayton is a great market to get your feet wet with SFH or small multi

@Kalli Wilkens

Welcome, BP is a great place to get started! Turnkey buy and hold with long term renters is the best way to get your foot in the door with RE investing. I recommend getting a few under your belt before you get into heavier rehabs

@Carlos Quiros

Good isolated pocket with Amazon to the north, Bexley to the east and Franklin Park to the south. There's a lot going for the neighborhood

@Sam Gupta

Welcome to BP! You're starting in the right place to build out your investment team. There are plenty of good cashflow markets in the midwest with lower price points. Consider other factors like landlord laws, taxes, population/business growth.

@Brandon Clark

A single family is a good idea on your first one, especially when investing from oos. Tenants tend to stay longer in single families which leads to less vacancy and turnover cost. 

Getting into multifamily will be much easier after your first deal and your local team is established! 

@Zeke Palmer

If you aren't planning to hold then I would invest in Cleveland/Dayton where the margins are a bit better