Looking for advice.

[Illya Kravchenko]

I am looking for some advice on where to start. I am a Journeyman lineman by trade and have been saving capital and learning about real estate for quite some time now. I have good income and minimal debt. I am ready to start investing and make a move but I feel like I'm all over the place with ideas and I'm having a hard time coming down to one goal/strategy. Living in WA isn't exactly the best at finding local deals that cash flow and I understand that today's market is not what it was ten years ago. I guess my question is how realistic is it to find and lock in a commercial rental property out of state these days comparing to residential multi family that is  also out of state? I understand that it is a big difference between residential single family or multifamily to that of a commercial scale rental. The idea of pursuing lets say an 8 unit rental comparing to a duplex seems  to make more sense to me. 

[Min Zhang]

Hi Illya, Columbus has been booming lately, thanks to big names like Intel (dropping a cool $20 billion), Meta, Amazon, and Google setting up shop with warehouses and data centers. This surge has driven property prices up and attracted more folks to the city for work. You should also check the Cleveland market where 1% rule still exists.

In terms of cash flow, depending on the market you are interested in. I'm seeing COC anywhere from 6-10% in Columbus and 8-12% in Cleveland. Let me know how can I help!