All Forum Posts by: Najma Osman

Hi @Sam Meade, 

Here is an article for the top 10 cash-flowing markets: https://www.biggerpockets.com/...

I personally live in Columbus and invest locally. If you are willing to sacrifice some of that cashflow for great long-term appreciation, I would also consider looking into Columbus. Let me know if you would like me to send some deals that you can analyze your way. 

Hey @Emily Lai, when considering real estate investing, make sure you look for markets with strong economic fundamentals, such as job growth, population growth, and low unemployment rates. High rents compared to the purchase price is a good sign, but make sure you consider all factors. Have you looked at any other markets? Columbus Ohio could be a great option. We have seen great appreciation with many new jobs being created from large expansions by companies such as Intel, Honda, Amazon, Nationwide Children's Hospital, and Wexner Medical Center. Ohio also has favorable landlord-tenant laws that provide landlords with more rights and protections. 

Hi @Timothy Eaton, 

If you are considering Ohio, I would look into Columbus near the Ohio State University. There are 60,000+ students who attend OSU and the demand for off-campus housing is pretty high. Columbus overall has seen great appreciation with many new jobs being created from large expansions by companies such as Intel, Honda, Amazon, Nationwide Children's hospital, and Wexner Medical Center. I am very familiar with the area and would love to be a resource to you. Feel free to reach out with any questions!

Hi @Tiara Ferguson, 

It sounds like you are in a great position to start investing in real estate! I usually recommend starting off with a house hack where you live in one unit and rent out the other to get the lowest down payment but you have great capital starting out! I would recommend investing in multi-family properties to maximize your cash flow. Find a great team to work with including a good investor-friendly agent and decide what area of Columbus you would like to invest in. From there, you can begin analyzing deals! Let me know if you need help, I would love to be a resource to you!

Hi @Bryan Rice, 

It depends on your market and how much capital you have starting out. Also, do you have experience with rehabbing properties, or will this be an intimidating and overwhelming project for you? I think fix and flips are great to start with because if you do it right you can build a good amount of capital to roll into those long-term BRRR projects where you plan to hold the property long term. Feel free to reach out if you have any other questions.

Hi @Daniel K., If you are looking at oos investing, Columbus Ohio could be a great option. Columbus has seen great appreciation with many new jobs being created from large expansions by companies such as Intel, Honda, Amazon, Nationwide Children's hospital and Wexner Medical Center. It is also home to Ohio State which has 60,000+ students. Cleveland is another great option here as it is consistently known as a top market for cash flow with opportunities to get in at a low PP.

Hi @Mykiea August, I am in the Columbus, Ohio area. I look forward to connecting!

Hey @Alden Fernandes, 

The easiest way to get into RE investing is to house hack, however, I understand that is not an option for everyone's situation. I would recommend deciding what you want to invest in first.
Are you looking into single family or multi-family. Do you plan to rent it out as a STR/MTR or LTR?

Once you know what your plan is, figure out where you're investing. If the numbers do not work where you live, look at investing in other markets. A good place to start would be markets in the Midwest with lots of population growth and job opportunities. Either way when considering OOS investing, look for markets with strong economic fundamentals, such as job growth, population growth, and low unemployment rates. This can help ensure that there is a demand for rental properties in the area. I personally invest in Columbus, Ohio.

When you have your market, connect with a local investor-friendly real estate agent. It's important to work with a trusted agent who has experience in the local market. They can provide valuable insights about the property, its condition, and the local rental market. From there you find a good investment and go for it! 

Hi @Matthew Rich, 

The best way to learn is to jump in. It can be intimidating but I highly recommend finding a great agent in the market you are investing in. They can provide valuable insights into the local rental market. 

Hey @Brandon Morgan, congrats on thinking to grow your portfolio out of state! I think it is great, it really pushes you to really be an investor instead of a landlord. When considering OOS investing, look for markets with strong economic fundamentals, such as job growth, population growth, and low unemployment rates. This can help ensure demand for rental properties in the area.

When vetting homes that are out of state, it's important to work with a trusted agent who has experience in the local market. They can provide valuable insights about the property, its condition, and the local rental market.