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All Forum Posts by: Sam McCormack

Sam McCormack has started 37 posts and replied 1152 times.

Post: Keeping the momentum going!

Sam McCormack
Posted
  • Real Estate Agent
  • Cincinnati, OH
  • Posts 1,180
  • Votes 681

@Eric Hendrix

Hello and welcome to BP! We are happy you are here! I am an agent in Cincinnati, OH and will also be in NKY, let me know if you have any questions about the market!

Post: Which real estate markets are the best to invest in?

Sam McCormack
Posted
  • Real Estate Agent
  • Cincinnati, OH
  • Posts 1,180
  • Votes 681

@Peter J Struck

Like others have said, it depends on your targets and what you want to see your investments do. If you want immediate cash flow, midwest market is a good idea of where to go. If you're okay with breaking even on cash flow but you're patient and want appreciation. Try a popular costal market. I am an agent in Cincinnati, if you're looking for fair house prices as well as cash flow, Cincinnati, Columbus, and Cleveland are good places to start.

If you are interested in Cincinnati, let me know!

Post: Opportunity Knocks Or Does Failure Knock

Sam McCormack
Posted
  • Real Estate Agent
  • Cincinnati, OH
  • Posts 1,180
  • Votes 681
Quote from @Michael Plante:

I don’t understand how the deal doesn’t cash flow if it is 1% rule and 5% interest 


those 2 don’t seem possible 


 Probably the 20 year mortgage instead of a normal 30 years

Post: Long distance investing

Sam McCormack
Posted
  • Real Estate Agent
  • Cincinnati, OH
  • Posts 1,180
  • Votes 681

@Tammy Ginsburg

Hi Tammy, I am an agent in Cincinnati, and I would highly recommend this area! Not to be bias, but there are more friendly landlord laws, cheaper price points, and with the right property can cash flow. Feel free to DM me to ask any question you may have! 

Post: Looking for advice on OOS investments

Sam McCormack
Posted
  • Real Estate Agent
  • Cincinnati, OH
  • Posts 1,180
  • Votes 681

@Marcelle Abel

Hi Marcelle I am in agent in Cincinnati, OH and I would say we are landlord friendly, lower price point to start at, and with the right property, can cash flow! Don't look over NKY though. If you have any questions, feel free to DM me and we can get talking from there and I can do my best to answer any question about Cincinnati and the area

Post: Introduction (as an agent)

Sam McCormack
Posted
  • Real Estate Agent
  • Cincinnati, OH
  • Posts 1,180
  • Votes 681

For anyone that sees this, HI! i'm Sam, I am an agent in Cincinnati, OH. I plan to get my KY license in the next couple months, but I decided to get Ohio first, simply because I believe there is more opportunity here. I am going to be buying my first property soon and house hacking a small multifamily. How soon? That is a great question, I am not sure of it myself, but I know it will happen of course. I am happy to connect with anyone on here, if you're another agent, investor, contractor, etc., literally anyone! Feel free to DM me about the Greater Cincinnati (Cincinnati and Northern Kentucky) area, and I will do my best to answer any question you may have! I am excited to connect with everyone and grow!

Post: What’s keeping people from pulling the trigger?

Sam McCormack
Posted
  • Real Estate Agent
  • Cincinnati, OH
  • Posts 1,180
  • Votes 681

Without fear, life is meaningless

Post: Duplex to live in and rent.

Sam McCormack
Posted
  • Real Estate Agent
  • Cincinnati, OH
  • Posts 1,180
  • Votes 681

@Billy Anderson

Hey Billy. It isn't meant to be "living for free" it is meant to lower the expense of housing. Lots of people hype it up to be almighty (it is!), but it isn't the holy grail some make it out to be. The main point of it, is to lower the most expensive part of living, housing. 

Post: House Hacking to the Max

Sam McCormack
Posted
  • Real Estate Agent
  • Cincinnati, OH
  • Posts 1,180
  • Votes 681
Quote from @David M.:

@Sam McCormack

Look at earlier in thread.  He isn't really house hacking since he isn't living there.  Just doing a long term rental but renting out by room...

So true

Post: Where do you recommend to look for properties around 150K

Sam McCormack
Posted
  • Real Estate Agent
  • Cincinnati, OH
  • Posts 1,180
  • Votes 681
Quote from @Daniel Apke:

Midwest my friend! IN, OH, MI, WI. ALso KY, TN have some good deals. I invest in Cincinnati and its been great to me. 


 Cincinnati is great! I agree with the rest of them as well