Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Ozzy Smith

Ozzy Smith has started 53 posts and replied 307 times.

Post: First out of state rental property

Ozzy Smith
Pro Member
Posted
  • Specialist
  • Dayton, OH
  • Posts 352
  • Votes 265

@Maureen Nixon

I personally invest in Dayton and am local.  If you would like to get together in person when you are in town let me know, and I'll help anyway I can and could probably show you some of my rentals and talk numbers to give you an idea of what is here.

Post: 3 properties in - now what?

Ozzy Smith
Pro Member
Posted
  • Specialist
  • Dayton, OH
  • Posts 352
  • Votes 265

@John Andrews good for you getting started.  Your numbers are very similar to mine so I think you are doing good deals.  I'm not sure exactly what you are looking for in the future but if you want to chat sometime give me a shout and I'll be happy to help anyway that I can or share with you what I'm doing.

Post: Out of State Investments - Dayton, Ohio?

Ozzy Smith
Pro Member
Posted
  • Specialist
  • Dayton, OH
  • Posts 352
  • Votes 265

@Brandon Ross  I sent you a pm introducing myself.  If you want to chat in depth feel free to reach out.  I think @Darrin Carey and @Gordon Starr are both spot on.  If anything they are being a little conservative in their numbers from what I'm getting personally but that's a good thing.

Post: 2-4 Unit Properties in Cincinnati (& possibly Dayton)

Ozzy Smith
Pro Member
Posted
  • Specialist
  • Dayton, OH
  • Posts 352
  • Votes 265

@Mica Moore you ask some really good questions and are understandable from someone who is not from here.  As many mentioned above it is because of cost of living and inflation.  I'm a local investor in Dayton but not originally from here.  I moved here 14 years ago and stay only bc of the RE.  Our economy here is VERY strong with no signs of slowing down.  The houses are older but as a buy and hold investor myself I can assure you that with proper budgets you can't make more money anywhere else in the country (I've looked).  It is easy to get double digit returns even after accounting for repairs.  If you want to chat in private I'd be happy to give you a deeper look into things.

Post: Kansas City, MO vs Cleveland, Dayton OH market

Ozzy Smith
Pro Member
Posted
  • Specialist
  • Dayton, OH
  • Posts 352
  • Votes 265

@Ray Johnson

a good opportunity is in the eye of the investor. I personally never did invest in the B neighborhood bc 10% ROI doesn't get me excited at all. I understand for many parts of the country that is amazing especially at the low price points we have here in the mid west. As far as zip codes or neighborhoods here in Dayton that is hard to say in general because there are good and bad parts of almost any of them that I'd take or avoid.

Post: Researching the Dayton-Ohio market

Ozzy Smith
Pro Member
Posted
  • Specialist
  • Dayton, OH
  • Posts 352
  • Votes 265

@Kevin Charles

to reinstate what I was saying in PM, see Darrin's last comment - good luck to you

Post: Researching the Dayton-Ohio market

Ozzy Smith
Pro Member
Posted
  • Specialist
  • Dayton, OH
  • Posts 352
  • Votes 265

thanks for the mention @Chris Tabanico and I think your assessment is pretty spot on.  The rents you stated are pretty common for a 3BR in that area and if you go sec 8 you can get as much as $900/m.  Your advise of networking with local boots on the ground is key.  Dayton is a very unique place and there are area's in pretty much each local zip code that I would buy personally and areas that I would not.  There is no way for an OOS investor to know which is which unless they have TRUSTED eyes on.

Post: New out of state investor from Southern California

Ozzy Smith
Pro Member
Posted
  • Specialist
  • Dayton, OH
  • Posts 352
  • Votes 265

There's always a lot of chatter in the forums about Ohio and Dayton specifically with good reason.  I myself am not native to Dayton but moved here 15 years ago and stay and invest here because of the tremendous opportunity.  I literally could go anywhere as I have NO ties to Dayton but honestly it doesn't get any better than this.

If anyone wants to talk specifics shoot me a PM with questions and I'll do my best to help  

Post: Researching the Dayton-Ohio market

Ozzy Smith
Pro Member
Posted
  • Specialist
  • Dayton, OH
  • Posts 352
  • Votes 265

Like @Darrin Carey said, we need more information before we can speak intelligently to your question.  Start with things like an address, what's the purchase price, how much rehab do you think it needs, and what is the purpose of the investment?

There are plenty of good investors in the area that will likely chime in and give you insight, and there are probably an equal number of bad investors that will try and pawn crap deals off on you.  Your job is to give the details and then decide which advise is accurate.

If you want my $.02 feel free to send me a PM and we can chat 

Post: Training/Mentor & Caribbean Vacation For Cheaper Than Boot Camp!

Ozzy Smith
Pro Member
Posted
  • Specialist
  • Dayton, OH
  • Posts 352
  • Votes 265

Would you like to learn how to do real estate investing the right way?  

Are you looking for a mentor that you can give you continued support to help you along your journey?  

Are you looking for an island getaway in the middle of winter? ........

Why not get all 3 and more at the same time, for cheaper than the other guys boot camps?! - NOW YOU CAN!!!

Welcome to a 1 of a kind opportunity to get live training by the sea!  This is your chance to get everything you need to be successful in a lucrative real estate investing career with a vacation built in.  With this program every student will....

1.  Learn how to design a real business plan specifically geared towards YOUR unique real estate strategy

2.  Receive ongoing coaching after the course is completed

3.  Learn how to analyze if a property is a good deal or not FOR YOU

4.  Learn how to estimate rehab costs and what should or should not be budgeted for repairs

5.  Learn negotiating skills for dealing with sellers and contractors

6.  Access to other knowledgeable investors, lenders, and future exclusive off market investments opportunities

7.  Small class sizes (12 student max per class) to allow for a unique 1 on 1 experience with the trainers

8.  Short daily training sessions (5 hour sessions) leaving ample time to enjoy the tropical island experience

9.  All inclusive amenities with no additional sales tactics or courses being sold

10.  Many add on bonuses like in house masseuse, professionally prepared meals, and optional fun activities

Space is limited, only 12 students per class accepted on a first come first serve basis.  Preregistration required, no immediate security deposit required, payment will be due in advance at a future date.  Training will take place in St Croix in the US Virgin Islands (a US territory - no passport needed). 

Initial class offerings will be held:

December 9-15, 2019

January 6-12, 2020

February 3-9, 2020

All of this being offered now for ONLY $7,000 per student! (Couples and Group Discounts Available)

If you would like more details or to preregister today, send us an email to [email protected]

Please include:

Your Name

Your Email Address

Which Session You Would Like To Attend

Weather You Are Male Or Female (Rooms will be provided at advertised price based on 2 students per room)