All Forum Posts by: Kim Younkin

We had just such an investor come to us last year through BP from New York to buy in Columbus, Ohio, @Rohan J. We're still growing in Cbus, have hot companies and educational institutions, and we're not oversaturated with MFH housing yet. Check out Cbus; it's a great place to live, and a great place to invest. 

Ever read this BP post by Engelo Rumora on investing from afar? I just read it and it sums exactly what Panzera Realty does for investors: https://www.biggerpockets.com/renewsblog/2014/07/2....

Call us today if you'd like to start building your local investing team in Columbus, OH!

Hi, @Brian Daiber, where in Central Ohio are the houses that need rehabbed? I met a contractor this past year that does good work. He works a lot in Grandview and Upper Arlington and I imagine would be accessible to west/northwest areas....let me know if you'd like his name.

Hi, @Nick Whitaker, why not just ask your agent to accept a lower percentage commission of whatever number you feel is fair? I'm not an agent, but asking your agent to pay for part of closing costs doesn't seem the correct route. I can say that as a former seller, I did once ask our agent to take a lesser commission in a similar situation, and she was fine with that. Good luck!

Hi, @Shiyear Woodbury, and congrats on your graduation and starting early in investing! I wish I had started so young. Two things jump out at me about your post and I say this just as an old lady, ha ha, but I would not invest in more than a 4-unit with my first investment. I work for an investment realty that also has a property management segment, and you need to consider the management aspect if you're buying and holding apartments. It's a whole other ball of wax, a whole other business, and unless you're prepared to hire a management company to take that on for you after you close, I would stick with a 4-unit or less so you can learn the management aspect yourself. Also, I would stay away from using equity in your parents' home to do a deal until you have more experience. What if the deal goes bad? You can just never tell. I would be more cautious. Just my humble opinion. Best of luck to you!!

Awesome, @Jena Brent! Dive in here, too; this site is great. There are so many amazing podcasts to listen to, and if you don't know what a term like "escrow" means, type it into the BP search bar up there and it'll pull up all kinds of great resources. There are some super savvy people here and I'm sure you'll find many will be very helpful. Best of luck!

Hi, @Rahul Bhatt, this lender is based in Defiance, OH but they might be able to help. Call Brian Ramey at First Federal Bank of the Midwest and see what he can tell you. PM me if you want his info. I can't put it in this post because it's prohibited. Cheers.

Hi, @Mark Welp, you might send a note to Vena-Jones Cox who runs the COREE group here. She owns a ton of real estate across Ohio and I'm sure she knows someone who will do this, or has maybe used this type of services. She might be here on BP, and the COREE website is www.centralohioreia.com. You might even email her assistant, Zac Messer, and he might be able to help you. PM me if you'd like because I just tried to write his email address for you and it wouldn't let me post. Good luck.

Hey, @Justin Young, check out this blog post I saw here once, maybe it will help:

https://www.biggerpockets.com/blogs/4445/36354-041...

And yes, the lines can be blurry in certain situations.

Cheers,

Kim