All Forum Posts by: Jason G Goepper

I’d love to hop on a call and chat a little bit more, what works best for you?

I am looking for someone to partner on a deal in the Cincinnati, Ohio area. I am open to almost any arrangement given it will be my first deal. Multifamily properties with 4 or more units are what I am primarily investigating, however; I am open to other possibilities. I would love the opportunity to chat with anyone remotely interested and excited about the possibility of building a future relationship.

I am a firs time homebuyer looking for an investment property but am having trouble figuring out how/where to start. With so many different moving parts being in play, I need some help on where to start.

The typical things included in the deal are a Title company, an inspector, a lender, and attorney, a CPA, property managers etc. It especially become confusing when I try to use the Rental Property Calculator and am trying to figure out the right information to plug in. What is the normal order of operations? Do you find a property first, then find a lender, then a down payment, etc.? What's the best way to find expense cost like utilities/electricity/garbage? If I am using the rent estimator tool for a duplex, is the number it comes up with a gross rental number? or what i could charge for each unit? Sorry for the rambling of question, just a lot going through my mind!

Hi all,

I am currently working on finding a property for my first investment; however, I am stuck between 2 cities. One is Cincinnati, Ohio and the other is Colombus, Ohio. I am originally from the Cincinnati area, and it is more familiar terrain. It has several different large corporations based there (EX. P&G) and has been steadily growing in the past few years. Colombus is growing rather rapidly and looks like it will only continue to do so for the next couple of years. It seems like a property will appreciate more over a smaller period of time and their rental rates seem to be on the rise. With it being an unfamiliar area, I am hesitant because this would be my first property. I am not sure how to decide, does anyone have an advice/things for me to consider?

@Andrew Garcia Thanks for the reply!

When you say rent out other rooms, do you mean an Airbnb sense? That is what most of the properties in my area do. They tend to be booked out for most of the winter (for skiing/winter sports), empty through the spring/early summer, pick up before the end of summer/fall when the leaves are changing, and dead during the mud season before winter. I am not confident that renting by the room work because the houses that rent the best those that are empty that sleep 4 or more people. finding a property that I can afford is especially difficult because the average cost per square foot is around 250$. How viable of an option is purchasing a duplex elsewhere and not living out of it but renting both units long-term?

Could you provide your email address, and I could explain things and answer your questions more in depth?

Hello!

I am looking into getting started in the Real Estate Investing game, more specifically House Hacking. I have done quite an extensive amount of research (Although I definitely have aways to go) and I am moving closer and closer towards finding a property. The issue is I live in a very secluded area. To put it into perspective, the closest major cities (and airports) are at least a 2 1/2-hour drive. I have a very secure W-2 job that allows for a 4-day work week in the summer, but anywhere between a 70-to-90-hour work week during the winter. Unless a golden opportunity arises, I do not plan on purchasing until the spring of 2023.  The area in which I live is rapidly growing but short-term rentals outweigh long-term 99-1. There are very few properties left and those that remain are vastly overpriced. I would love to connect with someone with more experience to talk about things more thoroughly. Thanks for the help! any questions/comments are greatly appreciated!