Skip to content
×
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
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
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: Sam McCormack

Sam McCormack has started 37 posts and replied 1247 times.

Post: College Student Eager to Learn — Any Advice for Breaking Into Real Estate?

Sam McCormack
Posted
  • Real Estate Agent
  • Cincinnati, OH
  • Posts 1,280
  • Votes 724
Quote from @Zev Cohen:

Hello,

My name is Zev Cohen, and I’m currently going into my junior year at the University of Colorado Boulder, where I’m studying real estate and finance. I’ve developed a strong passion for real estate, and I’m eager to start gaining real-world experience outside of the classroom.

The challenge I’ve run into is finding an entry point. I don’t have much experience yet, and most jobs or internships seem to require it. I’d be incredibly grateful for any advice, insight, or opportunities to get involved, whether that’s shadowing someone, helping with social media or admin work, or just learning from those ahead of me.

I’m willing to work extremely hard, and I’m open to anything that can help me get my foot in the door.

If you’ve been in my position before, I’d love to hear how you got started — or if you’re open to chatting, I’d really appreciate it.

Thanks so much,
Zev


 Househack! One of the best things you could do IMO

Post: From Dubai to Duplexes

Sam McCormack
Posted
  • Real Estate Agent
  • Cincinnati, OH
  • Posts 1,280
  • Votes 724
Quote from @Clemens Wagner:

Hi everyone!

I'm Clemens, originally from Austria but currently living in Dubai, working as performance analyst in tennis. I’ve spent the last 7 years living in the US, split between Ohio and California. I'm just getting started with real estate investing and looking to build monthly cash flow through remote strategies like turnkey rentals, Section 8, and short-term rentals. I’m here to learn from those ahead of me, ask thoughtful questions, and eventually give back to this incredible community as I grow.

Looking forward to connecting with you all!


 If cash flow is the goal, Ohio is your place to go. You should know that there is a huge difference between numbers on paper and in practice, so be aware of that. You could estimate a 5% vacancy and it be 10% in practice. Or you bought in an area because the cash flow looks great, but you get 2 evictions in your first year. There is a definitely delicate balance between the 2

Post: New to Real Estate investing

Sam McCormack
Posted
  • Real Estate Agent
  • Cincinnati, OH
  • Posts 1,280
  • Votes 724
Quote from @Mishaal Talish:

Hello:)

I just joined Bigger Pockets yesterday after watching excellent content on Youtube. I was hoping to find more information/ connect with people who could help me start out with my real estate journey. 

I was considering Turnkey properties with a property manager/ Crowdfunding platforms as I would prefer a more passive rather than active approach. What would you recommend I start with, apart from reading forum posts, articles, books and videos? 

I am based in Arlington, VA, but open to out of state options as I have heard that markets in Tennessee/ Ohio/Florida are good places to look at. My timeline- Looking at an investment in about 12 months- how much would you recommend saving for this, all costs considered.

Sorry if some of this is vague, just trying to get a feel of next steps. Hoping to hear from some of you! 


When it comes to how much to save up, I would recommend 250K + for small multifamily. So 62.5k for down payment and then closing costs, so another 5k lets say. And you need reserves. So I would recommend having 75K for your first here. I wouldn't recommend SFH anywhere though. Also, stay close to where you are if possible

Post: New Investor in Kentucky - 15 PROPERT RENTAL PORTFOLIO - CASHFLOWING 10K+

Sam McCormack
Posted
  • Real Estate Agent
  • Cincinnati, OH
  • Posts 1,280
  • Votes 724
Quote from @Jaxon Smith:

Hey everyone, I’m Jaxon Smith based out of Cincinnati. I’m new to BiggerPockets but have been working on finding off-market deals and building relationships with investors, landlords, and wholesalers — especially in the Southeast and Midwest.

Right now, I’ve got a 15-property portfolio under contract in Mayfield, KY — tenant-occupied, cash-flowing, and grouped closely together. I’m always looking to connect with buy & hold investors, co-wholesalers, or anyone who wants to talk creative finance.

Looking forward to learning from you all and adding value where I can.
Feel free to DM me if you're active in KY or want to connect on portfolios in general!


 Love it man! NKY is a great area

Post: Finding BRRRR Deals Feels Impossible Sometimes — Let’s Connect and Hunt Together

Sam McCormack
Posted
  • Real Estate Agent
  • Cincinnati, OH
  • Posts 1,280
  • Votes 724
Quote from @William Miller:
Quote from @Sam McCormack:
Quote from @William Miller:

Hey everyone,

I'm deep in the learning and building phase right now and focused on mastering the BRRRR method but let's be real, finding the right deal feels impossible at times. Between rising prices, competition, and tight inventory, it can be discouraging if you're just starting out.

But I know deals are out there  especially in the right markets. Based on everything I’ve researched, the top 5 places I’m seriously looking into right now are:

 Indianapolis, IN

 Cleveland, OH

 Pittsburgh, PA

 Birmingham, AL

 Kansas City, MO

I'm based in California, so I'll be doing this out of state, which adds a whole other layer of challenge. If anyone here has experience doing BRRRR remotely, I'd love to hear what's worked and what hasn't. Also if you already have a team (agents, lenders, property managers, contractors) in any of those markets, I'd be grateful to connect or even collaborate on a future deal if it lines up.

Right now I’m working on tightening up my finances, getting more confident with analyzing deals, and setting myself up to scale this the right way. I’ve got a couple properties already, but I’m fully in learning mode and want to avoid major mistakes by learning from people who’ve actually done it.

If you’re actively working in any of these cities or even just exploring like me, feel free to reach out. I’m here to network, stay accountable, and build something longterm.

Thanks!

Will


Any possibility you can do BRRRR in state as your first property? Even if you don't pull 100% of funds, is it possible where you are or close to where you are?


 Id love to its just crazy expensive here. Also, in my town we had a fire that wiped out the whole town, so everything is new build around me. If I start getting about 2-4hrs out of my radius the homes are just as expensive.


 Got it, yeah going OOS probably your best shot. In that case I would focus on ONE market at a time and pick one then really dig in. Visit the area for a weekend maybe, meet people, see properties, see the night life and the crime, etc

Post: How do people raise capital to purchase multifamily?

Sam McCormack
Posted
  • Real Estate Agent
  • Cincinnati, OH
  • Posts 1,280
  • Votes 724
Quote from @Austin Fowler:

Looking to learn more from people that have bought at least one multifamily property using OPM. Would love to hear the details. How did you get started? Did you have the capital ready first and then find the deal? If you found the deal first, how long did you have to raise the capital?


First step is having a proven concept, so having properties yourself and showing your success. At least that is what I would look for when doing that

Post: Where do investor-friendly real estate agents hang out these days?

Sam McCormack
Posted
  • Real Estate Agent
  • Cincinnati, OH
  • Posts 1,280
  • Votes 724
Quote from @Alex S.:

Hey everyone! 👋

I’m an investor-friendly agent myself, and I’m always looking to connect with others in the same space - whether that’s to share tools, insights, or find better ways to evaluate deals and support clients.

I’ve found BP forums to be an active community, but I'm wondering if there's something else out there. Are there any active online communities, Discord groups, forums, masterminds, or even meetups you’ve found helpful for agents like us?

Would love to hear where you all go to swap ideas or find investor leads (except for the BP forums). 🙌


 Alone, lol

Post: How to Find Cash Flow Properties?

Sam McCormack
Posted
  • Real Estate Agent
  • Cincinnati, OH
  • Posts 1,280
  • Votes 724
Quote from @John Russo:

Hi there, I just wanted to come on here and see how everyone is able to find properties currently that will cash flow?

I am just starting out my real estate journey and I am looking for long term rentals at around 200-300k. I've done research on different areas that are supposed to be good for cash flow, however, when I run analyses with the rental property calculator on homes in these areas, none of them are cash flowing within the first few years. 

This is honestly pretty disappointing and I'm not sure if I'm doing something wrong or if people are unable to find cash flowing properties on Zillow, Redfin, and the MLS during this point in time because of interest.

Any advice on what I should do to get into this field with cash flowing properties or if I should change my strategy or look off market? And if so, how do I do that?

Thanks!


hard to find cash flow in decent areas unfortunately. There are good areas in Cincinnati that will be at 5, 6% ROI, but most people are looking for 10%+ because I guess that is what a video from 3 years ago told them. I always tell people, anything that has a 10%+ Coc ROI probably isn't in a great area. This can defer depending on sellers and their motivation, but those are few and far between. When I buy property, I go in good areas and expect it not to make cash flow for a year or 2. I want to be in good areas where I can see a solid future, or an area that has proven itself for years. So up and coming, as well as family friendly are my targets. Being in a good area will bring you better tenants, and tenants are everything. I would much rather negative cash flow with a great tenant, than positive cash flow with a bad one, because that bad one will eat your money up without thinking about it leaving you worse off. I could go on, just what I do and I think is the smarter route to go

Post: Best program for initial stages of renting

Sam McCormack
Posted
  • Real Estate Agent
  • Cincinnati, OH
  • Posts 1,280
  • Votes 724
Quote from @Sam Mohler:

Hi everyone, We're beginning to look for our first deal for a LTR, but want to ensure we have our ducks in a row. We're trying to assess what the best practice is for finding tenants, screening and then handling payment. We are starting out small and will be managing on our own. I've seen some post about using Terbotenant and some other programs. Is there one that people have liked the most, or is it better to do each step with different entities? Would love to hear your experience. Thanks! 


 Honestly, Zillow worked great for me. Didn't cost a $ for me, got tenants background/credit check, advertised it well, etc. They also make their payments through Zillow every month. As well as facebook. Facebook got a LOT of attention and that's where I found my tenants now that I LOVE. Make sure your pictures look good. Bad pics can come off shady, not highlight features, etc. So don't take pics on your phone, spend $100 on a photographer to snap pics for you

Post: Finding BRRRR Deals Feels Impossible Sometimes — Let’s Connect and Hunt Together

Sam McCormack
Posted
  • Real Estate Agent
  • Cincinnati, OH
  • Posts 1,280
  • Votes 724
Quote from @William Miller:

Hey everyone,

I'm deep in the learning and building phase right now and focused on mastering the BRRRR method but let's be real, finding the right deal feels impossible at times. Between rising prices, competition, and tight inventory, it can be discouraging if you're just starting out.

But I know deals are out there  especially in the right markets. Based on everything I’ve researched, the top 5 places I’m seriously looking into right now are:

 Indianapolis, IN

 Cleveland, OH

 Pittsburgh, PA

 Birmingham, AL

 Kansas City, MO

I'm based in California, so I'll be doing this out of state, which adds a whole other layer of challenge. If anyone here has experience doing BRRRR remotely, I'd love to hear what's worked and what hasn't. Also if you already have a team (agents, lenders, property managers, contractors) in any of those markets, I'd be grateful to connect or even collaborate on a future deal if it lines up.

Right now I’m working on tightening up my finances, getting more confident with analyzing deals, and setting myself up to scale this the right way. I’ve got a couple properties already, but I’m fully in learning mode and want to avoid major mistakes by learning from people who’ve actually done it.

If you’re actively working in any of these cities or even just exploring like me, feel free to reach out. I’m here to network, stay accountable, and build something longterm.

Thanks!

Will


Any possibility you can do BRRRR in state as your first property? Even if you don't pull 100% of funds, is it possible where you are or close to where you are?