All Forum Posts by: Logan Lambert

Greetings, BP community!

I'm a novice investor with plans to execute the BRRRR strategy in the Florida region. I'm currently contemplating a relocation to either Jacksonville or Tampa, Florida. I'm eager to establish connections with like-minded individuals to form my ideal team. My focus is on single-family residences (SFR) and multifamily properties (MF) valued between $100,000 and $150,000. I'm prepared to make all-cash offers with substantial earnest deposits.

I'm interested in reaching out to real estate agents, wholesalers, and property managers in these areas who can assist me in discovering lucrative opportunities.

Best wishes, 
Khassangali.

Hi all,

Just wanted to say hello to all and get myself motivated to engage some of the folks here.

A little bit about me, I'm an engineer, have a family, live in NJ, and big DIY enthusiast. I have made a ton of renovations on my houses. I tried renting my first property back at the end of 2019, but the numbers barely made sense at the time and I couldn't find a decent tenant. After a couple of months I called it quits and sold the house in Feb of 2020... little did I know now hehe. Anyhow we gained a ton of equity on our current house so it worked out I guess. 

I am looking to do long distance real estate investing because I do not think there are good opportunities to invest locally in NJ, and the state favors heavily the tenants. Along with my somewhat lackluster experience trying to rent my property. I would like to own more property in NJ, but it's just so expensive. Also I believe my $ will go a lot further in another location. I am having a hard time narrowing down a location. I have been looking at Pittsburgh PA.

here is what I got so far:

1) Location PA - Pittsburgh? Still open to NJ investment. Don't know what neighborhoods to look at in particular. 

I have also Looked at Cincinnati and Columbus OH

2) Property Type - Single Family, 3 bed+, 2 Bath. Prefer a close to turn key or minimal renovation ($10k). 

3) Would need to be positive cash flow, or to break even after conservatives expenditures - property management, maintenance, etc.

Any thoughts?

Thanks all!