All Forum Posts by: Remington Lyman

Hello BP community! 

I've been diving into research lately on getting into the U.S. real estate market, with a particular interest in BRRRR strategies—especially in more affordable areas like Ohio (seems to be a lot of buzz there).

I'm still fairly early in the journey: I've purchased a turnkey property here in Canada before, but haven't done any BRRRRs yet. Honestly, the Canadian market feels a bit too restrictive and cash-heavy to make BRRRR viable, which is why I'm exploring options south of the border.

I'd love to connect with anyone who's done BRRRRs in the U.S. as a Canadian. Curious to hear your experience setting up an LLC and staying on the right side of taxes, how you've handled project financing with reasonable down payments and cash-out refi exit options, and what it's been like working with contractors and property managers from afar.

Also, if you've got any advice on mistakes to avoid early on, I'm all ears. And I'm open to chatting about the idea of going the JV route to get a feel for the process before going all in.

Any insights or stories you’re open to sharing would be really appreciated. Thanks in advance!

I am looking for a Real Estate CPA in the Columbus Ohio area if you have any suggestions or recommendations.

Hi! First time investor here looking at finding my first property. I found a few homes that looked promising at first, but they said they require a POS inspection/certification. I'm in California and looking in Ohio, and this is something I am not familiar with.  Anyone have experience with this? I'm looking to learn all I can, and appreciate any wisdom you would like to share. 

Does anyone know any good multifamily commercial lenders in the North Eastern Ohio area? Would love to build a relationship with a good lender as we have capital ready for funding.

thank you all for your responses.

As to what I bring to table is the experience of having done 3 deals in the Cleveland area. Number 2 is my time which I spend Finding the deal, putting the deal package together and managing the investment and the property. 

Let me ask you all another question: If for example you are able/willing to fund a down payment for a deal what would be your ask? a solid return on investment only for a say 3 to 5 years with the principal amount returned at the end of the term or, would skin in the game (equity) also be a requirement?

Trying to gather some information as to what I can offer because the past deals I have done on my own.

Thanks in advance for all your comments and suggestions.

Hello Community,

Need some advise on how to go about finding partners/investors for multi family acquisitions in Ohio. I am working a few good deals that require some sort of investor partners or JV partners to fund the down payments.

Any advise and/or suggestion will be appreciated.

Thank you