All Forum Posts by: Joshua Janus

I would consider checking out Columbus, Ohio which is a top five appreciating city in the USA. It is a great hybrid mix of cash flow and appreciation. If monthly cash flow is your priority, then I would lean more into Cleveland, Ohio where you could pay cash for a multi family at that price range. 

I would read the books related to multi family investing by Brandon Turner. Have you found any multi family investors in your area? You can skip trace and cold call neighborhoods to find owners. 

I would definitely house hack in a 2-4 unit! That way the cash flow will pay your mortgage, and you'll get the 4 big benefits of real estate investing: cash flow, appreciation, tax advantages and loan paydown. Putting all of your money in 1 unit isn't diversified and doesn't provide you an opportunity to mitigate risk. 

@Kyle Tom might be able to help. 

@Shaheen Seiffert What areas of Cleveland have you looked into so far? That would be a more favorable cash flowing area as opposed to Columbus which would favor appreciation more in general. 

@Dan Wynn I definitely agree! This seems to be one of the best areas to focus on. 

Hey Jake, welcome to Bigger Pockets! 

It is definitely possible, and I would encourage it. Find a realtor that is an investor themselves and understands the numbers. Focus on your Core 4: https://www.biggerpockets.com/...

I think if you find a realtor that is an investor themselves and understand the numbers, that should be enough. If you are looking to buy the best properties possible, buy frequently  and get the highest return on your money, getting your license yourself will give you an advantage along with surrounding yourself with those in that environment. 

@Ben Einspahr

Congratulations! Seems like you went into this deal for the numbers and executed properly. So much to learn from this post if someone is looking to house hack.