All Forum Posts by: Paul Martynov

Hi everyone!

My lender is about to prequalify me for $200-300k, and I target Texas, being living and working in California, LA, so an out-of-state investment. I have a suitable lender that can qualify me in any city or state. It seems that rent/value is favorable and easily meets the 1% rule. He also said insurance and taxes can be too high eating DSCR loan with current rate and I will make less money than Ohio and Kentucky state (example). This statement made me question my focus market. What have been your experiences so far, and any hidden costs that you did not expect managing investment properties?

1. Does SFH or Duplex value add strategy still work, and how is the inventory? My agent said it's a buyers' market. Is that true?

2. Are there any B and C class safe neighborhoods to recommend?

3. Any interesting facts about San Antonio? What are the pros and Cons of this market?

I think you can find a good deal and win in every market. But does San Antonio have real long-term growth potential? 

Hi everyone!

Let me describe my situation: I moved to the U.S. from another country and feel ready to purchase my first investment property. My lender is about to prequalify me for $250-350k, and I target the Cincinnati market as I am located in LA, California, so an out-of-state investment. I have a suitable lender that can qualify me in any city or state. It seems that rent/value is favorable and easily meets the 1% rule. My questions: 

1. 2-4 units multi-family property strategy is better than buying 3 SFH in that market? What works the best?

2. Is a BRRR multi-family better than buying a decent condition one and holding it for 2 years + for refinancing?

3. Are there any B and C class safe neighborhoods to recommend? 

4. Any interesting facts about Cincinnati? What are the pros and Cons of this market? 

If you have anybody to recommend: Partners, Agents, Contractors, or PMs, I would be happy to connect! Thanks.