All Forum Posts by: Jessie Niu

 Every market has its good and bad parts, in general, I prefer Columbus and Cincinnati markets. 

Join your local REIA groups.

 Columbus and Cincinnati are much better markets, some of the best for multi-family in the country. I would stay away from Cleveland.

I owner occupy a duplex at Clintonville, those are hot areas but I would invest somewhere else for cashflows.

@Joel Florek Love it! Congrats!!

I am curious to know more about seller financing. He didn't receive any other offers? What do you think it's the reason for him to give you seller financing?  

1. I would aggressively save up more to invest, even in mid-west market.

2. Very important: Find a local realtor who is investor-friendly and familiar with local market

3. I personally wouldn't do turn-key, but i know lots of out-of-state investors do

4. Attend local REIA at least once or twice to network, get referral on local realtors, wholesalers etc.

Cap rate is commonly used in commercial RE, but as Ryan D mentioned, it's fully capitalized rate of return as if there's no mortgage on it.

However, most of the deals are leveraged. I personally prefer cash-on-cash return and Debt Service Coverage Ratio (DSCR)

Congrats! @Brian Adams, I remember your last post!

The beauty of commercial RE: Forced Appreciation!

True. They know you are serious! :)

There are many different ways to invest in RE.

Grant is vocal and extreme, however, I personally do prefer multi-family over SFH as a buy-and-hold investor. My first RE investment was a duplex which cashflows very well, then more duplexes, and now I am looking into apartment building. Economies of scale, and many other reasons.