All Forum Posts by: Mateo Oquendo-Chandler

There is a local meeting hosted every first Thursday of the month in Cincinnati. Check out the BP meet-up forums for Cincinnati, Ohio area and you will see "Real Estate on Tap" and can see the information for each meeting hosted and the topic based on the speaker.

Congrats! It's amazing to see another example of how when you make a plan and execute it well, you are rewarded. I think so many new agents try to do it alone and without putting themselves out there through advertising. You have proven that even during pandemic times its still possible to be successful! Thank you!

There is a local meeting hosted every first Thursday of the month in Cincinnati. Check out the BP meet-up forums for Cincinnati, Ohio area and you will see "Real Estate on Tap" and can see the information for each meeting hosted and the topic based on the speaker.

 There is a local meeting hosted every first Thursday of the month in Cincinnati. Check out the BP meet-up forums for Cincinnati, Ohio area and you will see "Real Estate on Tap" and can see the information for each meeting hosted and the topic based on the speaker.

This is not one that gets answers very often on the BP forums. You can use the BP company search to see what companies are registered and listed on BP. https://www.biggerpockets.com/... 

Facebook and neighborly also both have ways to post job listings or search listings to see what other options are available. We live in a time where the physical labor workers are harder and harder to find so most people keep them close or keep their team too busy to take on new clients.

-Best of luck on your endeavors

 It so happens that I live in the Batavia area. Feel free to reach out to me and I can help you get connected with some local Cincinnati real estate meet-ups and can even potentially show you around the current rehab I'm working on.

Glad to hear that you have done your due diligence and have been learning on your own and doing research to prepare yourself for the next steps. 

 I think your best source for those numbers would be talking to different builders about their recent/current jobs they are working on. Also, the sellers for any new construction homes on the market would help as well. Even if its the property management company you get in contact with, all the people listed would be able to tell you cost to build versus sale and over what timeline. And with Zillow you probably could even look at the recent sales for specifically new construction in an area as well for even more data points.

You mentioned that you wanted to avoid your dad's mistakes, but didn't mention what those items you wanted to avoid were.

Also as far as paying off your debt. I would use your cash to pay them off and not your home equity. The equity in your home is what will allow you to sleep at night knowing no matter how the market turns your house value will not immediately go upside down. 

You have options but none of us can really tell you what is best for you because you have to decide for yourself how you want your future real estate business to look like. New construction is nice, but has a longer time frame than a light-moderate remodel for a rental, so it depends on what speed and goals you are wanting to achieve in your desired time frame. 

Side Note: If you are interested in meeting other Cincinnati investors, you can find a local meet up in the Event & Meet up forums for Cincinnati. We meet on the first Thursday of every month and bring in a different speaker to educate and network with the group.

My first post was me sharing my very first deal I had done. I still have it today and it has given me the courage to continue my journey in real estate as I am actively working on the remodel of home #2.