All Forum Posts by: Simon Ashbaugh

 That would be great! Thank you!
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Hello,

I'm in desperate need of a new property manager in Southeast Cleveland (still within the City limits). Our current management lied to us and have been anything from effective since they took over. They touted their expertise and plan of action, but haven't done anything. They won't even visit the property. Granted, it's C class apartments, but still...  I'm out of state and need some help.

Any recommendations for managers who handle 4-30 unit apartments in Woodland Estates and surrounding areas would be much appreciated!!

--- reposting from the intros thread since this seems to be a better place for this. Apologies for those that have seen this already :). ---

Hi,

I am a management consultant based out of the Chicago looking to begin my real estate investment journey. I have saved up some capital that I would like to deploy over the next couple years in a few properties. BP podcast has been a great place to get my bearings but still very new to this and looking to connect with folks either in a similar place in their REI journey for comeraderie or more seasoned folks willing to part some advice/mentorship in the Midwest in both local and out of state investing. Contacts for good real estate agents, property managers, loan officers, real estate lawyer, real estate tax professional would also be much appreciated. Ideally I would like to partner with someone on my first deal where I can supply the capital and learn how to be an operator in this space through hands on work through the life cycle of the deal. Thanks bp and community in advance for all the value you guys provide.

Katy.

I’m looking to buy 2-4 unit out of state rental properties in the $150k range. My goal is to cash flow around $600/m from every property I buy. I currently own a duplex that cash flows $650. 

For a duplex I would prefer 3 bed on each side with rents of $900-$950 on each minimum. Price $150k and below. 

For triplex and 4 plex I would like it to be under $200k with a goal of hitting $150k price range. Gross rents need to be $2200 or more. 

I prefer realtors who own rental properties or have many clients that are investors. I plan to talk different strategies. I normally put 25% down with a DSCR loan. However, I'm thinking about doing brrrrs. My goal is to one day own 10 properties cash flowing $600/m each.

Some markets im interested in are Midwest. Ohio (Cincinnati, Dayton, Columbus, Cleveland). Indiana (Indianapolis), Pennsylvania (Scranton and Western PA)

Florida (Jacksonville, Orlando, Panama City, outside of Miami). 
Texas (Dallas, Wichita Falls). 

I prefer the Midwest and am liking Ohio. Plan to invest by the end of the summer. 

Hello all ,

I am an investor who often does wholesaling and I have a few oportunities in Cleveland, OH and surrounding areas. I am looking for cash investors. If you are interested please leave a comment or message me directly. 

Hi everyone! My name is Eric and I am looking to get started in real estate investing. My ultimate goal is to own enough doors to replace my 9-5 income and become work optional. I have a long and exciting road ahead to get there! 

As a rookie, I am curious about the BP community’s thoughts on investing in your local market or finding value in long distance options. For context, I am in New Jersey, so there are limited options for ‘entry level’ local investing outside of the southern portion of the state. I know I can find better deals in other markets, but I am a little concerned about building a strong team and not being an expert on the market for my first deal. What are you thoughts on this for a first time investor? I would appreciate your insights!