All Forum Posts by: Evan Zeigler

My wife and I are both W-2 employees. We just started working midway through this year between a couple different jobs. I have held two jobs and she had income from our university in the form of scholarships and one job this year. She also started a small business with a friend. We don’t have any property, but we’re planning on buying at least one next year.

Should we start working with a real estate specialized CPA for this tax year?

2 Votes

@Bobby Paquette

I’m looking to invest in Dayton, OH because it’s local to me and you can find great cash flow!

0 Votes

Quote from @Matthew Edge:

Quote from @Evan Zeigler:

How ya doing, Bigger Pockets!

My fiancée, Elizabeth, and I are extremely excited to graduate with engineering degrees this April. I can’t wait to start building our wealth by investing our W-2 income in real estate. As the title says, we will be dual income, no kids, and two dogs. We love our family and want to free up our time to spend it on the things we love.

I found Bigger Pockets in May 2021 which showed me that real estate was a great way to do this. The reason I haven't taken action up to this point is that we have been in engineering school, and I would rather focus on our degrees right now to have that as a safety net and fruitful source of capital.

The plan is for her to stay at home once we replace or close to replace her income with unearned income from assets. Our post-graduate location will be Dayton, Ohio, and we plan on investing in the Midwest.

Now for my call to action! I would like to connect with investors in Dayton, and take any advice from the community. Mainly interested in buy and hold and BRRR investing (Not interested in house hacking). Can't wait to get started!

Hi Evan, I'm a investor/realtor here in Dayton and took a similar approach. I got my undergrad degree in mechanical engineering and worked in that field for 5 years before shifting to real estate full time. I would be more than happy to meet you sometime if you ever want to discuss the area and investing strategies. I invest throughout the dayton area and we mainly BRRRR but also do some flips. Feel free to PM with any questions.

Matthew, thanks for your reply. I am studying mechanical engineering too! I am very interested in hearing more. I would love to meet up and chat. I'll connect with you and shoot you a PM.

0 Votes

Dayton, Ohio

Quote from @Marc Rice:

Quote from @Evan Zeigler:

How ya doing, Bigger Pockets!

Dayton is a great market to invest in with a lot of growth starting to happen there. There are some great 2-4 units to be had at affordable entry prices.

I have my eyes all over these 4 units in the Kettering area. They all look like cash cows to me! Also a great place for a couple engineers looking to settle down. Thanks for your reply, Marc.

1 Vote

Dayton, Ohio

Quote from @Sam McCormack:

Hi @Evan Zeigler

If you are ever interested in Cincinnati man let me know! I know you are in Dayton but if you invest in Cincy I will be your guy for that!

Sam, thank you for your reply and your offer! We are actually still in Cincinnati at UC finishing up our degrees. If you would want to meet up and grab coffee, I'd love to hear about your business!

Let's connect so we can talk more!

0 Votes

Dayton, Ohio

Quote from @Austin McClain:

I would reconsider house hacking. That is the best way to get started and expand quickly.

Our reasoning is as follows:

1. We will be making enough money so that we can invest in secondary properties as rentals.

2. We have lived with neighbors and roommates all of college, and we're not really interested.

I see how house hacking is an impressive cost savings and easy entry into investing, but I think we will be just fine doing buy and hold without it. Thank you for your reply!

1 Vote

Dayton, Ohio

Quote from @Lee Yoder:

@Evan Zeigler, it all starts with saving as much money as you can. You and your wife are young, have no kids, and I'm assuming you'll have good jobs, so you should be able to save lots of money. This will provide you with the ability to purchase great real estate assets.

The next thing to consider is how active you want to be. Unless you are investing in someone else's deals as a limited partner, you are going to be active. I would highly suggest you utilize third-party property management, but you'll still be somewhat active as long as it's you who finds, buys, and runs the deal.

A lot of people get started as limited partners. I think this is a great way to get started. As soon as you can come up with $25k, you can invest in a syndication. This allows you to get your money working for you in real estate, but more importantly, it allows you to start learning how to invest in real estate.

Good luck and God bless you and your wife!

Thanks for your reply, Lee! Our plan is to live off of max one of our incomes, so I believe saving won't be an issue. At first, my plan is to be active doing everything while we are small. This way we can learn how to operate and what to expect of outsourcing to third-parties.

Investing in syndications is a great idea as well. Great way to be fully passive!

0 Votes

Dayton, Ohio

Quote from @Harrison Chow:

Quote from @Evan Zeigler:

How ya doing, Bigger Pockets!

Hi Evan! Congratulations on graduating with your engineering degrees and for deciding to pursue real estate investing to build wealth! I can definitely appreciate your interest in the buy and hold and BRRRR strategies. ( I have done these myself!) It's great that you have been doing your research, and I commend you for waiting until after graduation to focus on investing.

Dayton, Ohio, is a great place to invest, and I can certainly connect you with investors in that area. One suggestion I have is to join local real estate investment clubs or attend meetups where you can network with like-minded individuals and gain valuable insights from experienced investors.

Additionally, as you start building your real estate portfolio, it's important to work with a knowledgeable and experienced agent who can assist you in identifying good investment opportunities, negotiate deals, and manage the process. If you'd like, we can discuss your investment goals in more detail and come up with a plan to help you achieve them. Let's connect!

Thank you for your reply, Harrison! I would love to connect and would be willing to setup a time to chat! I definitely need to find my core four, so that we are prepared to start building our portfolio.

0 Votes

Dayton, Ohio

All Forum Posts by: Evan Zeigler

Evan Zeigler has started 7 posts and replied 41 times.

Post: Do we need a CPA for this tax season?

Post: Do we need a CPA for this tax season?

Post: Do we need a CPA for this tax season?

Post: Best Midwest Market ?

Post: Engineering DINK2D Starting out in Real Estate

Post: Engineering DINK2D Starting out in Real Estate

Post: Engineering DINK2D Starting out in Real Estate

Post: Engineering DINK2D Starting out in Real Estate

Post: Engineering DINK2D Starting out in Real Estate

Post: Engineering DINK2D Starting out in Real Estate