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All Forum Posts by: Nic Cooper

Nic Cooper has started 12 posts and replied 62 times.

Post: Columbus Ohio Apartment Complexes

Nic CooperPosted
  • Rental Property Investor
  • SAN DIEGO
  • Posts 69
  • Votes 38

@Brandon Sturgill thanks for the info.  I should know my schedule in the next few days.  I liked the interactive and straight up analysis on the map.

Post: Cincinnati Apartment Complex

Nic CooperPosted
  • Rental Property Investor
  • SAN DIEGO
  • Posts 69
  • Votes 38

@Alina Trigub  Great advice.  I really do appreciate the time.  Do RE attorneys specialize in one type of property type?  Like only in multi?  

Post: Cincinnati Apartment Complex

Nic CooperPosted
  • Rental Property Investor
  • SAN DIEGO
  • Posts 69
  • Votes 38

@Spencer Gray  Thank you so much for the response. Would it be a better plan to connect speak to PMs and see if they know of a property that may be for sale?  I like the plan of putting together my team, vice going there with I have to find a property.  Different mindset that I will have to adjust to.  Thank you again.

Nic

Post: Cincinnati Apartment Complex

Nic CooperPosted
  • Rental Property Investor
  • SAN DIEGO
  • Posts 69
  • Votes 38

@Bjorn Ahlblad thank you much for the response and the sage advice!  What's "EM" mean?  

Nic

Post: Columbus Ohio Apartment Complexes

Nic CooperPosted
  • Rental Property Investor
  • SAN DIEGO
  • Posts 69
  • Votes 38

I'm coming to Columbus next Monday, April 8th to see if it is the right place for me to build a team. I am looking to purchase an apartment complex with 10+ doors in a B or C+ neighborhood. Value added is a plus.  Budget is 600-900K  Looking to make some connections with like minded investors and real estate professionals in the area.

Post: Cincinnati Apartment Complex

Nic CooperPosted
  • Rental Property Investor
  • SAN DIEGO
  • Posts 69
  • Votes 38

I'm coming to Cincinnati next Thursday, April 4th to see if it is the right place for me to build a team. I am looking to purchase an apartment complex with 10+ doors in a B or C+ neighborhood. Value added is a plus. I have bought SFR, but this is my first time interacting with commercial real estate agents. What's usually the etiquette? Do I send over proof of funds so that they know that I am not a tire kicker?

Post: New member from San Diego CA

Nic CooperPosted
  • Rental Property Investor
  • SAN DIEGO
  • Posts 69
  • Votes 38

@Brandon Sturgill  the numbers made more sense in Ohio overall. It was the population growth of Columbus was enticing, the other cities had merits as being established centers of population(Cleveland/Cincinnatti) though there are good parts and not so good parts about each city.  I had to choose one to start in.  Plus a cheap direct flight from the west coast sealed it.

Post: New member from San Diego CA

Nic CooperPosted
  • Rental Property Investor
  • SAN DIEGO
  • Posts 69
  • Votes 38

Thank you for all the welcomes and private messages. Glad that I joined the site as I have been a lurker for months.   I'm heading to Cincinnati Ohio as my first stop next week.

Post: Cleveland vs Cincinatti vs Columbus re MFH

Nic CooperPosted
  • Rental Property Investor
  • SAN DIEGO
  • Posts 69
  • Votes 38

@Frederick Kuo I'm in the same situation, though looking for smaller apartment complexes of about 10-20 doors in the places that you mentioned.   I would prefer a B area. For the reasons that @Jake Walroth  mentioned is why I will start with Cincinnati also looking at N KY as he mentioned.

Post: First rental with a lot of equity - WTD?

Nic CooperPosted
  • Rental Property Investor
  • SAN DIEGO
  • Posts 69
  • Votes 38

@Thomas S. I'm with him.  I did the math on my rental here in San Diego and realized that I was not going getting anywhere near a decent return on my equity.   I bought my rental in 2002 and it rode it through the highs and the low low lows.   My tenants had just moved out when I started listening to BP.  So I am selling and reinvesting my equity.  Sell now and stop losing money.  Interview at least 3 agents and only interview ones that sell a ton of properties.