All Forum Posts by: Jim Bern

@Remington Lyman

Hi Remington, thank you for your insight I really appreciate it. I would like to ask the average price range for a SFH rental in Columbus. Thank you

@Nicky Reader

Thank you so much, I apologize for the spelling error trying to using the app instead of being on my desktop. I wanted to ask if there are properties in the price range of (60k-100k) in Columbus, and in terms of areas which do I avoid.

Hello,

I am a new investor on the BP forums, and honestly very happy because through the forums and information provided I have been able to learn a lot.

I just started to look at properties to start investing in real estate these past few days. I live in an NYC borough which is a pricey market. A bit more expensive than what I'd like my first investment to be (around 60k-100k). I worked in Cleveland three years ago and the Midwest, where starter homes are more within my desired price range and provide cashflow.But I am open to other markets in Ohio or Indiana.

My question is for those who started investing in real estate, did you stay local?, And what advice can you recommend to new investor like myself in terms of investing out of state. Thank you

Hi All,

hope everyone is doing well, I am a new investor living the tri-state area looking to buy rental properties in Colombus, OH. I am looking to get connected with agents in the area. Thank you for everything

Hi All,

hope everyone is doing well, I am a new investor living the tri-state are looking to buy rental properties in Colombus, OH. I am looking to get connected with agents in the area. Thank you for everything

Hi Frank

Thank you for your insight, I will definitely do some research and reach out if I decide to start something upstate.

Hi Gaetano,

Thank you sharing your insight I currently live in one of the boroughs. House hacking is an option but in terms of cashflow I think I would be breaking even. I am currently in between cashflow Upstate or out of state vs equity and appreciation NYC and outer boroughs following the house hacking option. Thank you

 Hi Frank, 

Just inquiring, but wouldn't out of state have more cash flow returns than upstate NY?, thank you for sharing your insight on the market.

Hi Everyone, 

Hope everyone is staying safe and healthy. I am new to investing in real estate and I am looking to purchase my first investment property. I currently live in the NYC area, and would like to ask what the best approach to start investing is:

1. House hack in NYC area ?

2. Purchase an out of state multi-family investment property?

I would want to start with the option that provides better cash flow returns as an investment.

Thank you for your insight.

Best Regards,

Jim