All Forum Posts by: Nadeem Alamgir

You can find renters in the Facebook marketplace, Zillow rentals, local neighborhood apps, and tapping into your own network. Screen thoroughly for credit history, background check, income verification, etc.

Welcome to BP @Mario Nanni! 

I believe you're referring The House Hacking Strategy: How to Use Your Home to Achieve Financial Freedom

If your local market makes sense to invest in, start there first. The advantage of investing locally is that you’ll better understand the market, have easier access to networking opportunities, and be able to oversee rehabs or property management. 

Start attending local RE meetups every month to connect with investors, lenders, agents, GCs, and PMs. You can find local meetups on Facebook Groups and Meetup.com. Networking will help you avoid beginner mistakes and find off market opportunities.

Before looking at deals, figure out what financing options make sense for you, some common ones include conventional loans, DSCR loans, private/hard money, partnerships, and cash.

Once you have a financing plan, you need consistent deal flow. The best way to do this is by working with investor friendly agents, wholesalers, MLS, auction sites, and more.

Your goal is to analyze as many deals as possible so you can recognize a good opportunity when you see one.

Start small, but the goal is to get in the game. Best of luck!

You should go to a couple of RE local meetups a month, speak to investor friendly agent. Try to find one that can help you break into the market as a new investor. 

Hey Joe, if you’re looking for a duplex in the $100K–$200K range, Cleveland is definitely a great market to research.

To get your feet wet, focus on the west side, particularly in zip codes 44111, 44102, and 44109. These areas have duplexes within your price range that are either rent ready or close to it. Plus sales comps are solid, and rental demand is strong, making them great spots for cash flow.

Let me know if you have any questions, happy to help!

Hey Shonique welcome to BP, Cleveland might be worth considering, given what you're looking for. 

Hey Tona, investing out of state can be a great move, but the first step is narrowing down a market that fits your budget, ROI goals, and long term strategy. Once you have a specific area in mind, working with investor friendly agents who specialize in out of state buyers can really help simplify the process.

If you’re considering Cleveland, it can be a solid market for you. The city has affordable properties, strong rental demand, and solid cash flow potential. Turnkey homes typically range from $100K–$300K, and the landlord laws tend to favor investors. Best of luck as you get started!

Hey Christopher,

Welcome to BP! Cash flow is great, but as you’re getting started, it’s important to look at the bigger picture. Real wealth in real estate comes from a mix of mortgage paydown, equity growth, appreciation, and tax benefits. Not just monthly cash flow.

Think of cash flow as a safety net. It keeps your investment sustainable, helps cover unexpected expenses, and gives you flexibility during tough market conditions. It’s not about making a fortune off $100 per door, it’s about stacking multiple wealth building factors over time. Best of luck in your next 6 month journey! 

Hey Darriell if you're looking to invest out of state in small multifamily, the first step is narrowing down a market that aligns with your budget, ROI expectations, and investment goals. Once you have a target market in mind, connecting with investor friendly agents who have experience working with out of state buyers will make the process much smoother.

If you're considering the Midwest, cities like Cleveland offer affordable properties, strong rental demand, and solid cash flow potential. 2-4 unit properties typically range from $100K–$400K, and the landlord-friendly laws make it a great option for investors. Best of luck!