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All Forum Posts by: Nima Fatemi

Nima Fatemi has started 2 posts and replied 5 times.

Post: Honest, fair PM in Columbus OH

Nima FatemiPosted
  • Los Angeles, CA
  • Posts 5
  • Votes 4

Hey Remington, will send you a DM, thank you!

Post: Honest, fair PM in Columbus OH

Nima FatemiPosted
  • Los Angeles, CA
  • Posts 5
  • Votes 4

Hi everyone,

Hope you're all having a nice weekend!

I have 2 properties in Columbus OH and looking to continue to build my portfolio there however after 3 years with Evernest (my current PM), I am just really frustrated by their lack of communication, honesty and frankly, conduct and am looking for a new PM.

I am happy to pay well and don't mind high fees if the PM truly is honest and fair. Anyone have any recommendations? 

Thanks so much!

Hi there, 

Really keen on this thread, have 2 properties in OH and looking to add some as well however beyond frustrated with Evernest. Any recommendations would be super helpful, thank you.

Post: Deal Analysis in Columbus Ohio_First Purchase

Nima FatemiPosted
  • Los Angeles, CA
  • Posts 5
  • Votes 4

Thanks everyone!

Wanted to clarify a few things. I only have about $25K for a down payment so I was hoping to keep property costs at about $100K so that I could divert the PMI.

Also, thank you for the tips, I'll look for a 2 bedroom since it's much more marketable or at least a 1 bedroom where I may be able to convert it to a 2 bedroom.

Post: Deal Analysis in Columbus Ohio_First Purchase

Nima FatemiPosted
  • Los Angeles, CA
  • Posts 5
  • Votes 4

Hi everyone,

First post on BP so that's very exiciting :)

I'm looking to buy my first primary property in the Columbus OH area (budget of $100K). Thing is, this property may become a rental down the line in a year or two so before I buy, I wanted to make sure I'm getting a good cash-flowing property as well.

I've read a few books and listened to numerous BP podcasts and wanted to get some opinions on this property -- if I do move out, wil this cashflow?

Based on my math, this property will break even at ~$1K rent after everything (vacancy, HOA, maintenance, P&I, CAPEX, etc.).

Am I thinking about this process in the right way? And for those in Columbus, would this property been a good primary residence to rental convert?

Thanks so much everyone!!