All Forum Posts by: Simon Ashbaugh

Hi, 

My brother and I are looking to invest in our first property. I currently live in Miami, FL and he lives in LA. We are open to long distance investment.
-Our capital is around 20-25k and we both have a great credit scores
-Turn key investment (We don't want to spend time fixing the property)
-Looking for a LT rental, single family home
-We were looking to get a home around 80k or less (to be able to cover the downpayment, closing costs, minor fixes).
-Looking for a market that could provide a good cashflow based on current market conditions
-Looking to do a conventional loan or DSCR

I am currently looking at: Columbus OH, Cleveland OH and Indianapolis IN.

Could you please let me know what markets are good markets based on these criteria and the current RE market?

Looking forward to connecting with you all! 

Best,
Vladimir

Recently laid off, want to use saved up cash for good use. Seems like every asset in the US is unstable dont know where to put cash want to use real estate as business to grow wealth I have all the time, and I have the money to do so but need help and guidance on finding an opportunity. I understand the different processes, I prefer STR. I do not have any experience but I am committed to helping myself and making this work. Hard to trust anyone when times are rough and interests may not be aligned. Whats the best way I can get started. I've watched the videos, I've cold called superhosts, everything in the immediate LA market seems grossly not worth it. I'm lost. 27 years old btw.

Is anyone familiar with this location in Cleveland. I wanted to find out how is this location and if they know if the area is is trying to revitalize? Thank you

Hello guys! 

I am a 34 year old woman in Ohio pending a divorce and will have about $100k to start over and rebuild when the dust is settled in a few months. I've dabbled in several investment types with limited success (stocks, crypto, etc), and the only thing that paid off significantly was our marital home (it nearly doubled in value since 2018)! So I'd like to embark on my real estate investing journey to grow my money, and am curious as to how you all would go about doing this to achieve the best ROI! Here's my situation:

 My goal is to establish passive monthly income along with owning properties that accumulate in equity. I will not need this money immediately, so am open to either short term or long term strategies. 

I have a credit score of 738, make about $105k a year in base salary and also earn about $30k-50k annually in bonuses. I currently have $100k liquid and am saving an additional $4k per month. Additionally, I am in our marital home and can remain once the divorce finalizes, but if I decide to sell or refinance the home to get money out, I would have an additional $80k in funds from equity to use for whatever route I decide to pursue in real estate. 

I am totally new to real estate investing (other than the primary home we own), and know nothing about maintenance/repairs or the costs of contracting someone to do this on a potential home (my now ex was in the home renovation industry, so he took care of all this)-- but I have the expendable income that would allow me  to afford improving a property if it is  in need of a little care. I also would prefer to be hands-on since this would be my first investment property, so am primarily interested in real estate in the Columbus, OH market and other local surrounding areas. 

Any tips or insight would be extremely helpful!