All Forum Posts by: Logan Lambert

Hi - I'm an out of state investor looking to build my team in Columbus, Cleveland and Cincinnati, Ohio. I'm looking for property managers, agents, lenders and licensed general contractors. I'm currently looking for SFH 3+bed/2+bath over 1000 sq ft for long term rentals, mostly turn key but would consider small cosmetic rehabs in A to C+ neighborhoods.

I'd also be interested in connecting with other real estate investors that are currently in the area.

Interested in thoughts/experiences with the initial purchase and the refi on a BRRRR in Akron. I'm an OOS investor. We're interested in cash flow and recycling our money. (Our first BRRRR but not our first rental). Interested in section 8 tenants.

We will be using a HELOC as down payment, however what can we expect when buying a distressed property in B/C neighborhoods in Akron for a BRRRR?

We want to use a hard money lender and use HELOC for 20% down payment…
should I be worried that once I buy and rehab I wont get a high enough ARV to refinance in order to payback my HELOC and HML?

What's the lowest hard money Lenders lend with SFR/Duplex properties in Akron?

Hi I am looking for an investor friendly agent who is expert in Philadelphia market. I am looking to BRRRR small multi-family units. Let's connect if you are the right fit.

Currently in the process of a BRRRR in Baltimore (duplex). Nice, safe neighborhood in 21215 area code. Contractors are working on it as we speak. Looking for advice on what I should do with the property. My original plan was to rent out the space to Section 8 tenants, but from my experience so far, dealing with Baltimore City housing and inspections can be a serious pill. My other options would be to Airbnb it (property close to Morgan State, JHH, and more) or rent it out to a regular or student tenant. Anyone with experience in Baltimore have any suggestions?

Hello, I'm new to short term rental and I was looking into finding my first property. I was wondering if there were any short term rental host out of Bakersfield, CA. 

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.

I guess I'm not comfortable pulling the trigger currently.

I feel like I'm stuck in analysis paralysis, As well as going belly up.

I'm just trying to get into real estate investing. Can you give me the list of banks that accepts dscr loan?

Hi friends! What neighborhoods in Baltimore are great for BRRRRs right now? 

Based on my initial research, I'm looking at the 21213 zip code but I'm open to others (no D class neighborhoods though). 

Specifically, I'm looking for neighborhoods with a good amount of distressed 3+ bedroom townhomes for sale for $120k or less that require a moderate amount of renovation (no gut jobs or major structural issues) and that will get me a rent-to-price ratio of 1% or higher on the final ARV.

Thanks in advance for any thoughts/ideas/suggestions!

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!