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All Forum Posts by: Simon Ashbaugh

Simon Ashbaugh has started 0 posts and replied 838 times.

Post: Most positive cash flow cities, tax friendly states, Landlord friendly states?

Simon AshbaughPosted
  • Realtor
  • Columbus Ohio, Cleveland Ohio
  • Posts 849
  • Votes 827

I'd be happy to talk about Cleveland with you! it hits all three of those criteria and the entry price is pretty low

Post: Need some help please

Simon AshbaughPosted
  • Realtor
  • Columbus Ohio, Cleveland Ohio
  • Posts 849
  • Votes 827
Quote from @Eitan Dadda:

Im new to real estate investing and I would love to start doing the BRRRR method. I read articles and saw some guides online how the method work but no one is showing how to search for the property.

So my questions are:

1. How can I find a market to invest in?

2. How to search for a property? should I buy a house that's need a full rehab? or a partial rehab?

3. How can I check if the neighborhood  is any good?

4. If I live out of the state how can I find a good real estate agent? a reliable contractor?

If I forgot something I would love someone to add and answer please. 

thanks in advance. 


 To identify a market look at what you can afford, what your long term goals are, and whether cashflow, appreciation, or a mix fits that goal best. Once you've identified a market, build your core 4 https://www.biggerpockets.com/... A good investor friendly agent should have connections to the other 3 people on the list. 

Id recommend looking at midwest markets right now. 

Columbus OH is the fastest growing metropolitan area in the midwest with decent cashflow, and appreciation 8% higher than the national average. Cleveland is incredible for cash flow, with around 60% of households occupied by renters. Happy to chat more in-depth on these markets if you shoot me a DM!

Post: Loans and Loan requirement questions

Simon AshbaughPosted
  • Realtor
  • Columbus Ohio, Cleveland Ohio
  • Posts 849
  • Votes 827

You should check out the CHAMP loan from first financial bank! I'm looking to use it soon for my own owner occ duplex

Post: Put more $ down or towards buying down the rate?

Simon AshbaughPosted
  • Realtor
  • Columbus Ohio, Cleveland Ohio
  • Posts 849
  • Votes 827

How much more would you pay/put down? I'd rather spent an extra 30-80/month and have a few thousand liquid, personally.

Post: Best Strategy to use $200K in Equity

Simon AshbaughPosted
  • Realtor
  • Columbus Ohio, Cleveland Ohio
  • Posts 849
  • Votes 827

You could do a HELOC. I think house hacking is the best way to get started personally, but that all depends on your income. If you like your house and can afford to keep it and buy other properties why not!

Post: Remodel - Cleveland & Columbus

Simon AshbaughPosted
  • Realtor
  • Columbus Ohio, Cleveland Ohio
  • Posts 849
  • Votes 827
Quote from @Alon A.:
Quote from @Simon Ashbaugh:
Quote from @Alon A.:
Quote from @Simon Ashbaugh:
Quote from @Alon A.:

Hey guys

How do you calculate remodel in basic basic grade

I mean 1000SQFT LVP floor in all house

2 bathroom remodel with tile on walls and floor - each bathroom i believe that is around 3-4K finish materials from HomeDepot

kitchen remodeling - idk the price for cabinets , quartz counter top and tile backsplash.

Paint 1000SQFT

Exterior paint of 1000SQFT house

new doors and lights in each bedroom and living room.

Thank you so much

if you have any tips how to find this prices while im remotely ill appreciate it


 Reach out to some contractors and ask what they charge for certain items. I spent 10 years in the business so i just kind of have the costs in mind. Generally a duplex will be 4-5k for interior paint, $1.50-$1.75/sqft for LVP labor, you can typically plan on 7-10k for a full bath gut with a tile tub surround. A lot of guys charge $50-75/door hung/cased. Prices will obviously vary greatly depending on the operation but hope this gives an idea!


 Thank you so much ! 

And kitchen remodeling and exterior paint ? 


Also roof replace you have any idea ? 


kitchens usually run around 15-20, I havent dealt much in exterior painting but id guess 3k. rooves run anywhere from 6-9k on average


 you mean kitchen with all materials included? like cabinets , handles, counter tops, appliances ?


 yeah, thats new everything. this number can be cut significantly, but thats what ive seen or mid-grade remodel, 8-12 cabinet kitchens

Post: Rental Property - Cleveland

Simon AshbaughPosted
  • Realtor
  • Columbus Ohio, Cleveland Ohio
  • Posts 849
  • Votes 827

Cleveland would be a good place to start, inventory has slowed a bit, but I do a lot of cold calling and have been able to keep a steady flow of deals. It's really good for cashflow, so if that's your goal it'd be a good place to start! The city of Cleveland doesn't require a pos but some surrounding municipalities do. Happy to chat more on the subject if you shoot me a message!

Post: Remodel - Cleveland & Columbus

Simon AshbaughPosted
  • Realtor
  • Columbus Ohio, Cleveland Ohio
  • Posts 849
  • Votes 827
Quote from @Alon A.:
Quote from @Simon Ashbaugh:
Quote from @Alon A.:

Hey guys

How do you calculate remodel in basic basic grade

I mean 1000SQFT LVP floor in all house

2 bathroom remodel with tile on walls and floor - each bathroom i believe that is around 3-4K finish materials from HomeDepot

kitchen remodeling - idk the price for cabinets , quartz counter top and tile backsplash.

Paint 1000SQFT

Exterior paint of 1000SQFT house

new doors and lights in each bedroom and living room.

Thank you so much

if you have any tips how to find this prices while im remotely ill appreciate it


 Reach out to some contractors and ask what they charge for certain items. I spent 10 years in the business so i just kind of have the costs in mind. Generally a duplex will be 4-5k for interior paint, $1.50-$1.75/sqft for LVP labor, you can typically plan on 7-10k for a full bath gut with a tile tub surround. A lot of guys charge $50-75/door hung/cased. Prices will obviously vary greatly depending on the operation but hope this gives an idea!


 Thank you so much ! 

And kitchen remodeling and exterior paint ? 


Also roof replace you have any idea ? 


kitchens usually run around 15-20, I havent dealt much in exterior painting but id guess 3k. rooves run anywhere from 6-9k on average

Post: Remodel - Cleveland & Columbus

Simon AshbaughPosted
  • Realtor
  • Columbus Ohio, Cleveland Ohio
  • Posts 849
  • Votes 827
Quote from @Alon A.:

Hey guys

How do you calculate remodel in basic basic grade

I mean 1000SQFT LVP floor in all house

2 bathroom remodel with tile on walls and floor - each bathroom i believe that is around 3-4K finish materials from HomeDepot

kitchen remodeling - idk the price for cabinets , quartz counter top and tile backsplash.

Paint 1000SQFT

Exterior paint of 1000SQFT house

new doors and lights in each bedroom and living room.

Thank you so much

if you have any tips how to find this prices while im remotely ill appreciate it


 Reach out to some contractors and ask what they charge for certain items. I spent 10 years in the business so i just kind of have the costs in mind. Generally a duplex will be 4-5k for interior paint, $1.50-$1.75/sqft for LVP labor, you can typically plan on 7-10k for a full bath gut with a tile tub surround. A lot of guys charge $50-75/door hung/cased. Prices will obviously vary greatly depending on the operation but hope this gives an idea!

Post: Mid Term Rentals in Columbus

Simon AshbaughPosted
  • Realtor
  • Columbus Ohio, Cleveland Ohio
  • Posts 849
  • Votes 827
Quote from @Sonia N.:
Quote from @Simon Ashbaugh:
Quote from @Sonia N.:

Hi Shyd - Just curious if you ended up doing the MTR in Columbus?  Currently wondering the same and would love to see how that went if you took the plunge. 


 Columbus can be good for mid terms, especially if you get next to a hospital. Maybe consider checking out Cleveland. MTRs can do very well up there because the have some of the best hospitals in the world


 Agreed.  We're located 1/2 mile from Nationwide Children's Hospital so all the more curiosity on how people are faring in the furnished MTR space.  We're currently only on AirBnb and Vrbo but seriously considering longer stays to get more occupancy.


 If its a double you could always try with on unit just to see!