All Forum Posts by: Nathan Mairs

Link to meet up end of the month please RSVP if you plan to join us to help me manage the reservation count. 

Thank you!

https://www.biggerpockets.com/forums/521/topics/477753-single-family-home-investing-and-small-multifamily?page=1#p2951404

If you're based in NY how will you manage/maintain the property? Specific areas in Columbus at your price point that are popular with other investors include the following:

Hilltop

Franklinton

North Linden 

Please note these are obviously high crime communities and your renters are likely to churn often with that said you can easily achieve your cash flow target of  >$200.

Biggerpockets platform has an abundance of investor real estate agents - start with reaching out to you already have by initiating this point and I'm confident deals will start to flow your way. 

Good tip.

The last deal I bought was a single family house in Westerville Delaware County, highly desirable suburb for families. 

Like yourself, previously outbid by a cash investor.   This time round my agent and I offered $1000 above the asking price with an escalation clause and agreed to pay 100% of the closing costs.  This 4 bedrooms 2 bathroom was sensibly priced with an open house weekend so I knew I'd likely lose out to someone else if we did not act fast. 

The deal came up on the MLS on Thursday afternoon and by that evening our offer was out the door valid until 5 pm next day.

It's tough. Stay persistent, keep your pulse on the market and eventually you'll close on something valuable. 

Are you working with a local agent in the area?

Hyde Park Steakhouse: 569 N High St, Columbus, OH 43215

Hi Andrew,

Thank you for reaching out. 

Sounds interesting. 

Investing outside of Columbus is not my primary strategy. With that said if  you can buy good quality homes in safe neighborhoods for $30k that will rent for $750 I'm interested to hear more and to evaluate whether it makes sense to diversify on that basis. 

Are you available for a skype call over the weekend to talk?

Hi Rob,

Could you please share examples of the cash flow potential in areas mentioned Toledo or Dayton? 

Great. Looking forward to getting to know you Akeem. When do you plan to move here exactly?

Hey Shravan, Pleasure to connect with you.  I know what it's like to be a real-estate newbie. I spend my weekends primarily analyzing deals and driving around different areas looking for opportunities, this involves speaking with the local neighbors to get a feel for the community and surrounding myself local investors. This is a communiity and we all have something valuable to share. 

More than happy to meet you for a coffee before your trip, if not let's connect upon your return, hopefully, this event will become a regular occurrence. 

Many thanks for the interest shown so far. Glad to see an appetite locally to connect. Please add yourself to the attendee list if you plan to join so that I can manage the reservation at the restaurant. 

Thanks 

The purpose of this event is to provide a monthly platform to connect with like minded local investors in the area. Based on the events I've attended in the Columbus area there seems to be a bias towards low-income rentals and events primarily full with people trying to solicit services or investors with many low-income cheap rentals not to say there is anything wrong with this strategy. 

I'd like to establish a forum for investors interested in or actively vested in good blue collar communities and higher end rentals for us to trade ideas and to learn from one another. 

I recently bought a single family home in central Westerville: 43082, the next deal I'm looking to do will likely be in a less affluent but nonetheless good community, I'm a fan of North/East Columbus ie. Reynoldsburg, Elmbrook and surrounding areas. 

I'd be grateful for you to reach out if you feel this is a community you would be interested in helping me to build.

WIth gratitude,

Nathan