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All Forum Posts by: Troy Smith

Troy Smith has started 12 posts and replied 27 times.

New Member Introductions

Post: New real estate investor

Troy SmithPosted
  • Investor
  • Dover, OH
  • Posts 27
  • Votes 17
Quote from @Taz Zettergren:

@Troy Smith Are you wanting to do it actively or passively? 


 I don’t plan to hire a property manager, so actively I guess. I’ll spend as much time as I need to make things work

1 Vote
Canton, Ohio
New Member Introductions

Post: New real estate investor

Troy SmithPosted
  • Investor
  • Dover, OH
  • Posts 27
  • Votes 17
Quote from @Matthew Masoud:
Quote from @Min Zhang:

Hi Troy, I recommend starting with a turnkey cash flow rental. It’s the simplest way to get a feel of what it is like to be a landlord without going through the hassle of managing rehab projects. I started purchasing a small multifamily in Columbus, Ohio 2 years ago. The cost of entry is low while the cash flow is high. I also invest in Cleveland and Dayton. Let me know if you are considering these market, I can send you a list of contacts in Ohio to help you build your team. Let me know how I can help you.


 This is right here. Find something that cashflows. Buy real estate and wait, don't wait to buy real estate. I 2nd that Dayton, Market suggestion. Lots of cashflow out here. Lower appreciation.


 Sounds good! Thanks for the advice 

0 Votes
Canton, Ohio
Buying & Selling Real Estate

Post: Investing in Akron/Canton area

Troy SmithPosted
  • Investor
  • Dover, OH
  • Posts 27
  • Votes 17

Anyone have any advice about investing in Akron/Canton area in Ohio. Looking. To buy my first property there. Also wanting to find a good realtor in that area.

2 Votes
Canton, Ohio
New Member Introductions

Post: New real estate investor

Troy SmithPosted
  • Investor
  • Dover, OH
  • Posts 27
  • Votes 17
Quote from @Trent Dues:

Best of luck Troy! If you aren't already, listening to the Bigger Pockets podcast will give you some of the best advice out there, outside of speaking with experienced investors directly. Be sure to have a written business plan and run your comps through a reliable software program before placing an offer on a property to make sure the numbers match your goal for the investment.

Hi Trent. Thanks for all of the advice. Very helpful!
0 Votes
Canton, Ohio
Real Estate Deal Analysis & Advice

Post: Rental analysis advice

Troy SmithPosted
  • Investor
  • Dover, OH
  • Posts 27
  • Votes 17
Quote from @Zach Edelman:

I personally recommend dealcheck.io


 Great, thanks, I’ll check it out!

0 Votes
Canton, Ohio
Real Estate Deal Analysis & Advice

Post: Rental analysis advice

Troy SmithPosted
  • Investor
  • Dover, OH
  • Posts 27
  • Votes 17

What do you guys feel is the best way to analyze a potential property as far as estimated rent and cash flow?

1 Vote
Canton, Ohio
New Member Introductions

Post: New real estate investor

Troy SmithPosted
  • Investor
  • Dover, OH
  • Posts 27
  • Votes 17

I have spent some time researching real estate investing and have been trying to connect with more people for advice/ opportunities. I plan to buy my first rental property this year

6 Votes
Canton, Ohio