All Forum Posts by: Simon Ashbaugh

Pick a market and dive in! I think Cleveland sounds like a great fit for you. Its got great cashflow and a relatively low point of entry. Happy to send you a list of PM's in Cleveland!

4 Votes

Welcome to BP! RE investing certainly isn't a get-rich-quick scheme, but you can do a lot in 2 years!

1 Vote

Orange County, California

Quote from @Dana Hagans:

Living in Brooklyn, New York has been an amazing experience for me. I enjoy the diverse culture and being able to take advantage of all the city offers. Although I am not looking to invest into real estate in New York, if anyone can share their personal experiences on how they have successfully invested into a triplex or other multi-family properties that would definitely change my mind. Overall living in Brooklyn has been great and although it may seem daunting at times, investing into real estate here when done right could provide huge returns down the line which makes it worth considering despite any initial hesitations one might have about doing so!

I am particularly interested in house hacking as a way to get started with real estate investing and would love any recommendations on areas that are good for multifamily investments. It is important for me to find an area where there is potential growth so that I can maximize my return on investment but also be able to maintain reasonable rental prices due its location near amenities such as public transportation, restaurants, parks, etc. Would anyone have any recommendations on areas out of state that's good for multifamily?

I would definitely recommend you look into Columbus Ohio! Rents are strong and the amount of job opportunities is growing quickly! We have tones of big corporations investing billions here, and real estate is appreciating quickly! I assume you can work remotely by your willingness to move?

1 Vote

You live in the one of the best investment markets in the country, why not get a househack 2-4 unit?

4 Votes

Dayton, Ohio

Quote from @Bobby Paquette:

What is your favorite Midwest Market to invest in right now?

Columbus is the fastest growing metro area in the midwest and cleveland is a top 5 cashflow market in the country!

3 Votes

look for something 2-4 units, or even a single fam with some kind of ADU (not sure what the rules for this are out there). If you could find something where tenants would cover most of the mortgage youd be set

0 Votes

Oakland, California

@Will Reed unfortunately there can be no emotion in business. I’ve always payed rent on time even if I had to get a second or third job… they signed a lease

1 Vote

@Tony Phan you could do well in Columbus or Cleveland. You’ll probably leave a little more in the deal in Columbus, but still a great market

3 Votes

@Adam Tamer welcome to the forums! I love the Columbus market, and think it’s a great place to invest! However, with limited capital I’d consider either a househack or possibly looking in Cleveland. Cleveland has a much lower PP and cash flows better. Columbus is becoming a more appreciation based market (and it’s very good for it) and depending on your capital my be a more difficult start

1 Vote

Chicago, Illinois

@Tom Stern just make sure you take into account pm fees as well as not your doubling units thus doubling some expenses.

1 Vote

All Forum Posts by: Simon Ashbaugh

Simon Ashbaugh has started 0 posts and replied 838 times.

Post: Looking to purchase first property - Out of State

Post: I am 22 and Committed to purchasing first rental property

Post: House Hacking to start out in the investment game

Post: Investing in Dayton

Post: Best Midwest Market ?

Post: New Investor Starting Out

Post: Tenant asking to not pay

Post: Looking to do my first OOS BRRRR

Post: Partners, Financing, and First Deal

Post: I own rental properties & want to increase cash flow - Does my plan makes sense?