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All Forum Posts by: Johnny Espinoza

Johnny Espinoza has started 2 posts and replied 11 times.

Post: First out of state investment

Johnny EspinozaPosted
  • Posts 11
  • Votes 7

@Jason Goretzki thank you I chose Cleveland after ready a few articles about the growth occurring in the area.

Depending on how this goes I will definitely look at doing more out of state investments.

Post: First out of state investment

Johnny EspinozaPosted
  • Posts 11
  • Votes 7

@Ryan Evans Thank you Ryan the reason why I was looking to long term rent one and use the other as an Airbnb was to see which one would be more profitable.

I figured white the long term rental it will pretty much make my morgage payment so I wanted to evaluate a little

I never thought about it from your prespective and your absolutely right people using air bnb you never know who you'll get and it could scar away long term rentals.

I'm looking for any advise to maximize profit and avoid mistakes.

Thank you again

Post: First out of state investment

Johnny EspinozaPosted
  • Posts 11
  • Votes 7

@James Wise Thank you, hopefully I can work with you on a multi family deal in the future.

Post: First out of state investment

Johnny EspinozaPosted
  • Posts 11
  • Votes 7

@Brandon Sturgill Thank you! What are some of the reasons you don't represent Cleveland?

The property is located on the west side of Cleveland. Purchased for $265,000 looking to rent both units. The units are both 2 bed 1 bath the first unit can definitely be converted to a 3bed 2 bath.

I would like to rent one unit long term and use the other as an Airbnb.

What are your thoughts?

Post: First out of state investment

Johnny EspinozaPosted
  • Posts 11
  • Votes 7

Hello everyone đź‘‹..

I'm closing on an out of state investment in Cleveland Ohio. This will be my first investment property.

Any thoughts? Advise? Anyone here from the area?

@Abraham Anderson congratulations and Thank you for the inspiration..

@Alex Jones spending time with my little ones.. my dad worked at a paper mill and worked around the clock to provide for the family.

I want to be able to take my kids on trips, camping and enjoy the beauty this life has to over..

Wish you abudance on your journey..

@Subbie Kaur Thank you very much, they’re areas in LA that have different landlord laws separated by a side of the street.

@Frank Wong Thank you, yes this will be my first investment and I’m nervous as hell which is why I haven’t pulled the trigger. I’ve read books, listen to bigger pockets and feel the need to take the leap.

I always viewed real estate as a vehicle for financial freedom. I won’t to have more time with my kids and enjoy life well I can.

I appreciate your knowledge and input. Any help or advise I’ll take it.