All Forum Posts by: Jay Thoms

@Joe Splitrock

Thanks Joe.  Your story is a bit funny how he reacted.  Good luck with your investments.

Jay

Hi @Avnish Khare

What part of Cincinnati are you targeting?  I seek investments as far south as West Chester/Mason area and as far north as north dayton.

Best Regards,

Jay

@Patti Thurman

Hi Patty!  

I can appreciate your question.  I was born and raised in the Dayton Ohio area and am familiar with your situation.

Prior to being a real estate agent I used to work for MetLife and State Farm Insurance.  I can tell you there are many variables that can affect your rate.  Some of the most important factors are size of the property and construction type, your credit score, your claims history, age of property and many more things.  I still have a lot of connections in insurance but my favorite is a local insurance broker that I use for all of my insurance.  If my rates ever go up he shops the rates of all the other companies he represents.  I had him switch my policies last year to a good company and saved over 1500 dollars for all of my policies combined.  

If you need his info send me a message.

Best Regards,

Jay

@Darrin Carey

I enjoyed last time a lot and would be happy to come again.  You and your wife have organized a nice group of people.  Also that party room is nice to have.  I am looking forward to meeting more of the people from the group.  

Best Regards,

Jay

Hey Ken Faler I am in springboro too! We should meet up for a coffee or something to discuss investing. I'm sure we can help each other somehow. Best Regards, Jay

@Ben Lause

Your goals are on target and remind me of my goals when I bought my first place. I got started just like your plan indicates. I bought my first place when I just turned 20 and was in college. Bought FHA with 3 percent down. Lived there a couple years resold for a profit. I've done a few more deals since then and have built up a couple rentals that are now paid for with no mortgage and I'm ready to buy multi family now. If you need any help give me a call or email or BP message. I love helping like minded people who are just getting started.

Best Regards,

Jay Thoms

Local Investor and Realtor

Jered Sturm I've been looking to buy multi family within 30 minutes of springboro Ohio area so Dayton and Northern Cincinnati Areas. Looked at a 8 family deal last week but couldn't work out a good price so on to the next. I have my eye on a 12 family. Not looking to buy 100 units yet but hopefully soon. Best Regards, Jay Local Investor and Realtor

Hello @Ben McMillan

I think Cincy and Indy are both good markets.  I was born and raised in Ohio.  I personally am familiar with Cincy more than Indy because I am a realtor that works in the South Dayton and Northern Cincy areas.  I am also a buy and hold investor.  Every deal is going to have a different cash flow based on the circumstances but I would say your goal of Cinci and Indy is a good target.  If you have any questions for me specifically I would be happy to connect and help.

Best Regards

Jay

Hello Joshua!

Welcome to BiggerPockets!

My name is Jay.  I'm a buy and hold investor and realtor in the South Dayton Ohio area.  I have a pretty unique background that you can check out on my profile.  I would be happy to connect with you regarding these topics.  If I don't know I know people who do in my area.

Best Regards,

Jay

Part of it would be that you "can't milk a turnip." Even if they were held liable it's hard to collect on someone who is a squatter. Also while them having a criminal record and even jail time may be attractive on the surface it just costs tax payers more money.