All Forum Posts by: Min Zhang

Hi LaShawnda, I recommend you read this article on OOS investing. It explains the importance of creating your core four. You will need to get a local, rockstar Realtor, contractor, lender, and property manager.

https://www.biggerpockets.com/blog/core-four-real-estate-team

I invest locally in Columbus Ohio. I can send you a list of contacts in Ohio to help you build your team, property manager. Let me know how I can help!

Hi Jyothi, Ohio is a great choice. Columbus, Ohio is a great market to pick up rental properties because of the lower home prices and demand from renters. JPMorgan Chase, Nationwide, Honda, L Brands, Huntington, and Amazon are just a few of the many companies that have thousands of jobs in the city. New Albany is home to several major data centers including ones operated by Amazon, Google and Facebook, whose parent company, Meta, announced plans in the spring to expand its New Albany campus.

I can send you a list of contacts in Ohio to help you build your team, property manager. Let me know how I can help!

Welcome to BiggerPockets Heather! It is a great place to learn about real estate investing. I started listening to their podcasts in 2020 when I bought my first duplex. I invest locally in Columbus Ohio. I can send you a list of contacts in Ohio to help you build your team, property manager. Let me know how I can help!

Hi Thomas, happy new year! It's great to hear about your journey into real estate investing and how you've been actively educating yourself through BP podcasts and forums. 

Regarding your concerns about the New Hampshire market, it makes sense to explore other options. Columbus, OH is indeed a promising area with lower entry points and strong cash flow potential. It is a great market to pick up rental properties because of the lower home prices and demand from renters. JPMorgan Chase, Nationwide, Honda, L Brands, Huntington, and Amazon are just a few of the many companies that have thousands of jobs in the city. I also invest in Cleveland and Dayton and I can also share insights about these markets. Let me know how I can help!

Hello Yinka, welcome to Bigger Pockets!

Cleveland is a great choice for multifamily investing with a focus on cashflow. It's known for its affordable real estate and growing rental market. You've picked some interesting markets to research! I also invest in Columbus and Dayton and can share some insights about these three markets. Let me know how I can help!

Hey Carlos, happy new year!

When it comes to investing out of state (OOS), here's a simple tip: Begin your search by looking into cities or regions that fit your investment goals and strategies. Look for areas with strong job growth, a growing population, and a stable economy. Find that perfect match for what you want to achieve, and don't rush – take your time to dive into the specifics.

If you're looking for a good place to start investing, I'd suggest checking out the Midwest. It's got a lower entry point, and the cash flow tends to be pretty sweet. Personally, I'm into Columbus, Ohio. It's been booming lately thanks to tech giants like Intel, Meta, Amazon, and Google setting up shop, which has bumped up property prices and brought in more job opportunities.

I've also got my investments in Cleveland and Dayton. So, if you need any insights let me know how I can help!

Hello Yakini, welcome to BiggerPockets!

Cleveland is a sweet spot for real estate investment, home prices are reasonable, and there's always a crowd looking to rent. I'm actively investing in Columbus, Cleveland, and Dayton, and I'm always open to connecting and sharing insights about these markets. Let me know how can I help!

Hello Scott,

First things first, start your search by checking out different cities or regions that match up with your investment goals and strategies. Keep an eye out for places with robust job growth, a growing population, and a stable economy. It's all about finding that sweet spot that aligns with what you're aiming for. And remember, it's okay to take your time and really dig into the details. 

I prefer to start in the midwest, because the entry point is much lower and cash flows the best. As long as you develop your Core 4 like David Green’s mentioned in his long-distance investing strategy (realtor, contractor, property manager, and lender), you should be able to invest anywhere with confidence. I buy in Columbus, Ohio. Columbus has experienced so much growth for the past few years, partly due to the influx of tech giants like Intel ($20 billion), Meta, Amazon, and Google building warehouses and data centers in the area, which has contributed to an increase in property prices and more people moving into the city for job opportunities. I also invest in Cleveland and Dayton. Let me know how I can help!

Hey Nish,

I totally get your mix of excitement and nerves about diving into real estate through house hacking. It's a big step, but it's great that you're willing to put in the work to make it happen.

I actually did a bit of house hacking myself back in 2020 here in Columbus, Ohio when I started my real estate journey. So, I can relate to where you're coming from.

If you want to dive deeper into what house hacking is all about, I found this cool article that explains it:  www.rocketmortgage.com/learn/house-hacking

I noticed from one of your comments that you're interested in house hacking in Cleveland.I'd love to chat more and share some insights about the market. Let me know how I can help

Hey Andrew, congrats on your awesome start! You're already nailing it with your current properties and cash flow.

Expanding your real estate portfolio is an exciting journey, and it sounds like you're on the right track. One effective strategy is to explore markets with great potential for growth, like Ohio. 
When expanding your portfolio through out-of-state (OOS) investing, thoroughly research potential markets, focusing on areas with strong job growth, population influx, and diverse industries to ensure long-term stability. Additionally, consider building a local network of real estate professionals and property management teams to help you navigate the unique challenges of investing in unfamiliar territories and maximize your chances of success. Columbus, in particular, has been thriving due to tech giants moving in, which has increased property values and job opportunities. I also invest in Cleveland and Dayton, so those cities might be worth considering too. Let me know how can I help!