All Forum Posts by: Jeffrey Allen

I have a business partner that’s has some investment opportunities around OSU. Im looking to gather a list of property management companies that understands the student rental market and renting B neighborhoods.  

@Kate Barry

Vermont, tell me more!

I invest in Columbus.  Columbus is the thriving growing city in Ohio.  The other major cities in Ohio are seeing population stagnation or decline.  Columbus, you can go after cash and appreciation.  You will certainly have to actively dig up good deals.  If you're looking for appreciation plays, in a number of areas you can throw a tennis ball from the street and hit a solid appreciation play (obviously appreciation is only a projection).

I think Cincinnati is a good market.  Recognize that there are some major industry declines happening.  Macy's and GE both are going through a very rough period and doing major layoffs.  Kroger which is also headquartered in Cincinnati will have to restructure as well with more online and delivery.  There is certainly money to be made there.

Dayton, make sure you get paid for the risk you're taking. There are some surrounding neighborhoods to the south of Dayton but kind of outside the greater Cincinnati ring that are solid.

I work for a company headquartered in Cincinnati. When the news goes at my company get their first promotions and tire of downtown, they want to live in Oakley. It’s the are that the 25-45 want to Be. 

Oakley

I knew, when I asked myself... what would you do if you weren't scared to lose.  When I accepted the answer... I went for it.  The natural instinct is the play, not to lose.  Preservation is the natural instinct not prosperity.

Where did you hack in columbus for 4 units at 156?  Are you going to hack again?

Yes, you certainly can evict for things other than non-payment.  Review your actual documented lease and note violations.  Get an eviction attorney that has a track record of getting evictions through.  Many property managers will know who these people are. 

@Jeff Willis where are you investing in CA?

@Andrew Tanner @Wayne Brooks

Andrew - This was going to me my exact questions to you.  Not sure what the motivation is owner finance it unless you're trying to pick up up residual income for tax purposes or some other strategy.

It would be a bitter hard for me to give you further perspective on how the deal would go with only, the market rent you claim and your sell price.  I analyze deals with a lot more information.  I'm happy to connect offline about it and give some additional thoughts.

@Gabriel Almendariz

I know Dayton well enough.  I used to live north of Dayton so has some familiarity.  I do not invest in that area right now.  Mostly because I trying to leverage some scale with my PM's and don't want to spread out too much too soon.

Bigger pockets is a place.  Join facebook groups in Dayton.  I have found those to be solid places to find realtors and PMs.  You'll want to do some serious digging on what you're looking for in a PM.  Happy to share thoughts on that.