All Forum Posts by: Lauren Thomas

Hi Everyone! I woke up one day and decided it's time...I want to buy my first duplex in Columbus, OH. I'm hoping someone can help guide me in the right direction. I'm looking for my core 4, starting with an agent that has access to off-market listings. I want to house hack and I need something safe because I'm a single mom. I'm doing this alone and meeting new friends along the way would be amazing. Hoping to find something under $300k if that's even possible. Help a girl out! lol Coming from Los Angeles and looking to visit soon as well.

Thanks in advance.

Hi Lauren, welcome to BiggerPockets! I must say that I am excited for you as it's one of the first strategies I did when I started off real estate investing.

House hacking is one of the most popular strategies you can take and it can be a great way to build wealth and generate passive income, but it's important to have a long-term plan in place. I'd say keep in mind a few things for starters:

1. Work on your numbers - be sure to calculate potential cash flow and ROI. Make sure to factor in all expenses such as property taxes, insurance, repairs, maintenance, repairs and potential rents.

2. Type of property - Choosing a triplex and fourplex is ideal but a duplex will also work out.

3. Make sure to properly screen your tenants at all times. Don't rush into things to secure your investments.

Lastly, be a good landlord and build a certain relationship with your tenants by ensuring that you address all issues and concerns in a timely manner. A good landlord will always keep a happy and loyal tenant all the time. Hope this helps and best wishes to your real estate journey!

Wow!!! Such valuable information! I appreciate you taking the time to give me such great advice. One thing’s for sure… I will be a great landlord. So many people have been one to me and I believe in paying it forward.

0 Votes

Columbus, Ohio

Quote from @Nicholas L.:

@Lauren Thomas

look on market as well.

Ok! Thank you for the advice. 😊

0 Votes

Columbus, Ohio

Quote from @Remington Lyman:

Quote from @Lauren Thomas:

Thanks in advance.

Nice to meet you, Lauren! I started purchasing small multifamily in Columbus, Ohio 5 years ago. The cost of entry is low while the cash flow is high. Columbus is the only Ohio market that has seen rapid growth in jobs and population.

I agree. I hope it’s not too late to get in the game there. I’m hoping to find a good deal on a duplex. I think that’s a good starting point to get my feet wet.

1 Vote

Columbus, Ohio

You should totally do it! Los Angeles just isn’t it if you’re looking to invest in real estate in my opinion. Especially if you’re just starting out like me. CA makes it nearly impossible. You’re lucky to already have friends in OH. I say, go for it.

0 Votes

Columbus, Ohio

Thanks in advance.

8 Votes

Columbus, Ohio

All Forum Posts by: Lauren Thomas

Lauren Thomas has started 1 posts and replied 6 times.

Post: First Time Home Buyer Looking To House Hack

Post: First Time Home Buyer Looking To House Hack

Post: First Time Home Buyer Looking To House Hack

Post: First Time Home Buyer Looking To House Hack

Post: First Time Home Buyer Looking To House Hack

Post: First Time Home Buyer Looking To House Hack