All Forum Posts by: Min Zhang

Hi Diane! It's great that you've narrowed down your list of potential markets, and Cleveland, Ohio, sounds like a promising option. To start building your Core 4 remotely, you can begin by researching and connecting with local professionals in the area. Look for real estate agents, property managers, contractors, and lenders who have experience in the Cleveland market. If you haven't already read it, here's a great article that explains the importance of creating your "core four".

https://www.biggerpockets.com/blog/core-four-real-estate-team
If you have any questions, let me know how can I help!

Hey Larken. When you want to invest in real estate, it's a good idea to figure out how you're going to pay for it (financing) before you start looking for a specific property. This way, you know how much money you can spend, which helps you focus on properties that fit your budget. Having your financing ready also lets you move fast when you find a property you like, which can be important in a competitive market. So, think about financing first, then start searching for a property. Let me know if you are considering OOS investing in Ohio. I can be your resource if you consider that route.

Hey Scott, I noticed you're considering Atlanta or Raleigh MSA for your real estate portfolio, but you also mentioned that you're open to other area. Are you also open to exploring options in the Midwest, such as Ohio?

I invest in properties in Columbus, Ohio, where we've seen a lot of growth lately. Big tech companies like Intel, Meta, Amazon, and Google have moved in, and that's led to an increase in property prices and more people moving into the city for job opportunities. I also have investments in Cleveland and Dayton. If you need help finding a property manager or building a team in Ohio, let me know how can I help!

Welcome to the community, Ifey! It's awesome that you're considering real estate investing. Since you're thinking about buying a property in 2024, have you ever considered Out-of-State (OOS) investing? It can be a great way to diversify your portfolio and potentially find more affordable properties with higher cash flow in other areas. Plus, you can tap into markets with strong rental demand. I suggest checking out this article about Out-of-State (OOS) investing. It talks about the importance of having your "core four" team members, which includes a local, experienced Realtor, contractor, lender, and property manager.

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

I personally invest in Columbus, Ohio, so I can provide you with a list of contacts in Ohio to help you build your team, especially finding a reliable property manager. Let me know how can I help!

Welcome to BiggerPockets, Matt! It is a great place to learn about real estate investing. It's great to see your enthusiasm for real estate investing and your long-term goals. Since you're open to different investment locations, consider exploring Out-of-State (OOS) investing to potentially find areas with better ROI and lower entry costs.

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!

Hey Himanshu, 

I like to kick things off in the Midwest, it's a great place to start real estate investing. The good news is that the entry point is much lower and cash flows the best. It's like finding a treasure chest if you follow what David Green talks about in his long-distance investing strategy. He suggests building your own Core 4 team, which includes a realtor, contractor, property manager, and lender. Once you have this team in place, you can confidently invest anywhere. 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 Amanda, considering your current situation in San Diego where mortgages are higher than rent, it's worth exploring the option of out-of-state (OOS) investing. You don't have to move; you can manage it from where you currently live. It's like having a money-making asset in another location without having to relocate.This approach allows you to tap into markets where the numbers make more financial sense while continuing to live in your current city.

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 Madeleine, I suggest taking a look at this informative article about OOS (Out-of-State) investing, which emphasizes the significance of establishing your core team of professionals. You will need to get a local, rockstar Realtor, contractor, lender, and property manager.

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

As someone who invests locally in Columbus, Ohio, I'm more than happy to provide you with a list of contacts in Ohio that can assist you in assembling your property management team. Let me know how can I help!

Hello Chungho. As an OSU alumnus, I can tell you that the OSU area is indeed a great choice for investment because of the high demand for rental properties and the limited vacancies. It's a wise decision to start by looking for a good property management company, especially since you're no longer living in Columbus. I can share a list of property management companies that have been valuable to my fellow investors in Columbus. With my familiarity with the market, I can also provide insights on purchasing multiplex properties in the area. Let me know how I can help!

Hey Mason, that's awesome that you're starting your investment journey in the Midwest! It's a fantastic choice, especially considering the lower entry points and great potential for cash flow in this region. 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. 

As for me, I've personally chosen to invest in Columbus, Ohio. It's been an exciting journey so far! 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. I'd be delighted to connect with you and share my experiences thus far.