Hi guys. I'm an investor in Dayton OH and a licensed realtor. I recently have connected with a few out of state investors and started talking numbers in other markets and have learned a little bit about what the rest of the country is dealing with and why deals are hard to come by. We here in my area are spoiled with great opportunity and I'd like to share that with the community.
I got my RE license just so I could do my own deals because I couldn't find an agent that understood what we do as investors, let alone understand rehab costs, and work as fast as I would like them to. I have no desire to be a traditional agent in the sense of open houses and showing multiple properties to the couple that may never buy or have loyalty. I decided that I want to work exclusively with investors.
I already look at multiple deals a week for my own business as well as pulling comps, project cost estimating, BPO's and there are several deals out there that us locals simply pass up because they don't necessarily meet our standards or particular niche strategy. I would like to better leverage my time and work with others that struggle to find deals and capitalize on every deal rather than not get paid.
I am looking mostly for buy and hold investors that don't mind working out of state. I can find deals that are in B-C neighborhoods rent ready (or just needing cleaned and maybe paint) that brings 12-20% ROI and $200/m cash flow or more. The returns are even higher if you want something that needs a little work. I have a great network in place if you are interested in those I am willing to be boots on the ground... I'm sure we can work out the details.
If this sounds like something that interests you get in touch with me asap and we can figure out a strategy that fits you the best and let me go to work. I'm anxious to see where this can go and how big we can build it.