All Forum Posts by: Samuel Diouf

Welcome to Bigger Pockets Maria!

Bigger Pockets is a great place to learn and connect with fellow investors.

If you’re looking to invest long distance, I definitely recommend building your core-4 team. This team consists of an Investor Focused Agent, Lender, Contractor, and PM.

Read this article on the "core 4". It explains the team that you should develop to have a strong foundation under you while investing remotely.

https://www.biggerpockets.com/blog/core-four-real-estate-team

Have you looked into Ohio markets such as Columbus? A lot of investors based in markets like California and New York are choosing to purchase their investments OOS in the Midwest because of the affordability and numbers making more sense.

Prices in Columbus are still low enough to find 1% rule deals and there's a ton of appreciation happening in this market as well. I actually moved from Florida to Columbus for the real estate. I saw how fast the city was growing and decided to make the jump.

I like Cleveland for flips because of the amount of volume the market has. When doing flips in the Cleveland market, it's very important to understand the different locations and make sure that you're looking at comps accurately. 

Welcome to Bigger Pockets Allen!

BP is a great place to learn and connect with fellow investors.

Welcome to BP Mo! You'll meet a lot of other investors in the Cleveland area here. 

Hey Dennis, that's awesome that you're getting back started! Keep us posted on the journey.

BiggerPockets forums are a great place to go if you have any questions, want to learn from other investor's progress, or if you're just looking general feedback. 

You can invest from anywhere, so I would base the decision on what area you guys think you would enjoy more and have a better quality of life. 

Hey Jinglei, this deal sounds solid. An important factor to take in mind is where the property is located. I would also be curious to see what the market rents in the area are to see what the potential upside is. 

Hey Samantha, if your first property is cash-flowing in LA, I would hold on to it. The amount of cash-flowing deals in your market is extremely low, so when you get one you should hold on to it as long as you can so you can reap the benefits of that LA appreciation especially if the property is in a good location. 

If you need access to the $200,000, you could use a HELOC to temporarily pull equity from the property when good opportunities arise.

Hey Timothy, Columbus, OH is a strong market to invest in. I moved here from Florida because of the growing market. I spend all day sourcing deals now.

With your budget, you could get multiple deals here in Columbus, but I recommend starting with one, getting it stabilized, then moving forward from there. I'd be glad to connect you with some of my go-to guys in our market.