All Forum Posts by: Matthew H Lohens

@Andrew Fidler

No problem, I can tell you’re a busy guy. I’m looking forward to hearing back from you. Good luck with your project.

@Artem Shum

The picture is very blurry. Please repost a clearer image.

@Michael P.

Thank you for you response. I will look in the 43612 zip code for this first property. I still think that there are some good opportunities in the 43608 zip code, but I think I need to strengthen my connections before I try to invest in those areas.

I appreciate the help!

@Stone Jin

Thank you for sharing. My risk tolerance is relatively high. I don’t mind risk as long as I understand the risks and have proven ways to mitigate those risks.

Seeing as I don’t have the knowledge to understand the risks of the 43608 zip code, I think I will take your advice and look for an inherently less risky zip code.

Thank you for the advice!

@Stone Jin

What kind of ROIs do you get out there?

Hello @Andrew Fidler, 

Thank you for your reply. I am currently living in California. I’ve read some of your posts and I’ve found them very helpful. 

When you say top 20% are you referring to price or location?

I'm looking to invest in the Toledo market, specifically 43608. 

I plan on dipping my toe in first with a $25K-$45K rental at 30% down. If things work out, I will increase my investment in 2021. My strategy is buy and hold. I only care about rental income; I don't care about appreciation.

I've created a python program that performs rental real estate analysis on large data set. It takes in all the MLS listings for a particular zip code, processes each listing and then sorts them by the best ROIs. It allows me to quickly and efficiently find favorable deals (by the numbers). I've been finding some attractive investments, but I am hearing a lot of negative feedback about investing in a low income area like this.

I would like to know a little bit more about this area. If you've invested in this area, what has you're experience been?

Thank you!