All Forum Posts by: Justin Whitfield

 Thank you for your response Jessica. I have put things on pause for now but when I move forward I'll get in contact with them. 

Thank you for your response Aristotle. I'm looking for long term buy and hold rentals. I'm 50 years old now and looking to create as much income as possible for retirement.

Hello,

My name is Justin and I'm an out of town investor looking for an investor friendly agent in the Cleveland area. I'm looking to make several investments in Cleveland by the end of this year. I would prefer an agent who also has access to "off market deals as well". I have noticed it is very competitive there and the good props on the listing sites get under contract very quickly so it looks like the inventory on the listing sites is very limited. If you're and agent who wants to work with an out of town investor and has access to off market deals please reach out to me as I would like to chat with you.

Thank you,

Justin

Hello,

I'm an out of state investor investing in multifamily properties in Cleveland OH and I just closed on my first property (duplex) and I'm currently looking for a property management company. Anyone have any suggestions for a good reputable property management company in Cleveland?

Thanks in advance!

Justin

Thank you everyone for the replies. I appreciate and will reference each one of these. You guys are great!

Thank you everyone for the replies. All of your comments are very helpful. I can understand how FIRE has become a little pie in the sky due to certain things. I guess my real goal is to retire from the insurance business and become a full time RE investor. I know it's tough right now but hopefully things will become easier in the future.

Forgetting FIRE, what asset would you guys go after if cash flow is your main objective here. I'm asking b/c I'm really burnt out on insurance and I would love to fully retire from insurance in 5 years at age 55 and RE cash flow is the only way I see this happening by then. What do you guys think? Is this more pie in the sky?

 Ok thanks again Bob!

Thank you for the info Bob. I'll look in to this. Any other ideas or input would be greatly appreciated here!

Hello everyone,

I'm relatively new to real estate investing and I'm looking for some advice from you experienced investors please. My personal goal is to generate as much cash flow as possible so I can reach FIRE status as soon as possible and then just invest in RE full time. I have $500k in cash to invest as well as a credit score between 750-800. I also currently have 2 rental properties (1/2 of a duplex and 1 SFH) I currently have about $400k in equity in the 2 properties and they generate $2k/mo net income (before repairs)

How would you invest this $500k if you had a similar goal as me to reach FIRE status asap? Would you buy many SFH's or would you by a few 2-4 unit MFH's or would you go for the big one and use all $500k as a down payment towards the biggest MFH you could find that you qualified for? Also, how would you use the $400k in equity that I already have in my other 2 rental properties? Any help is greatly appreciated and thanks in advance!

Justin

@Kevin Collins - Thank you for sharing your experience so far with REI Nation. I'm looking to invest in turnkey properties out of state as well. I was wondering if you could share the average price of the homes that they offer as investment properties? I know I would be paying a little higher price for the convenience and (truly passive) investments.