All Forum Posts by: Evan Nance

As an accountant currently pursuing his CPA.  I think experience working in individual states might help but someone you trust and total level of competence/experience is more important.  In regards to accreditation last time i checked i could take the test in other states (I have heard some states are easier) (I'm in Columbus Ohio and am taking it in Ohio) but you're still certified either way.  As for Columbus OH being a cash-flow area, maybe, i don't know another market to compare it to other than Cleveland which is a whole 'nother beast, Columbus might not be the cash cow the internet purports, I think there's tons of potential it might be hard to find deals if you're operating out of state though. http://www.dispatch.com/content/stories/business/2...

I work for a developer in the area and we are switching from building apartments to homes/developments.  To me that indicates that the asset class of homes are selling at a premium compared to the asset class of apartments in the area.  That's not hard data so take it with a grain of salt.

Definitely a good market and a great city to live in.  I am super interested in buying in this area myself.  Ill reach out to see if I can tell you anything else.

Hey Everyone, I recently moved from the Cleveland area to the Columbus, Ohio area.  I am looking for a long term duplex to house hack.  I hope to make some connections here in the Columbus area!  It would be great to hear from some people in the area!

Thanks,

Welcome Jul!

It is good to see a fellow Clevelander on the forums.

Great Spreadsheet! Thank you for posting this!

@Brandon Turner Thanks! I actually am subscribed and about halfway through the podcasts right now. It is what led me to the site. One of the best podcasts I have found to date, which I listen to a lot.

I added some keywords, such as Cleveland, and Duplex, and have begun reaching out to local members.

Thank you for the advice.

Hello Bigger Pockets!

My Name is Evan Nance. I am a 23 year old looking to make my first purchase as a buy and hold duplex, and plan to live in one half while renting the other half out. I then will move on to other deals that will be able to provide constant revenue streams. My background includes a bachelors degree in Accounting and Marketing. I currently work as an accountant in property management accounting for a large multifamily developer and see the potential in this industry constantly. I also have direct sales experience, which gave me a chance to get to know some neighborhoods better than I would have liked to! This gave me great insight into the area I am looking to make my initial investment in.

I have wanted to invest in real estate as a buy and hold investor for my first property while rates are still low, but wanted to pay off my high interest student debt first. Now that I have paid off my first loan and have the cushion, this seems like the best time to invest. My area (Cleveland, Ohio) has high rents vs the cost to buy a duplex in the area.

Disclaimer: This is NOT a request for myself to be a mentee!

However I would love to talk to someone who has been down a similar path, or is in the Cleveland area and would like to have someone help them and learn about the industry at the same time. Since I handle the analysis of 15-30 properties for my company right now anyways, I would be able to provide a bit more of an advanced level of assistance and analysis than most beginners.

Any help or advice from this forum I welcome wholeheartedly, and am looking to take this plunge sometime this year. (Did I say looking to? I am going to!) Preferably in the next 6 months.

Questions? Comments? Concerns?

Let me know below.

Thank you in advance for the kind words.