Advice on My first Real Estate Investment Property

[Keith Gephart]

Hi guys! So I'm stepping into this game as an investor as I see how real estate can change my life in the LONG run! I have invested in my own primary property which gained a lot of equity so I took out a line of credit, created an LLC and obtained a business bank account. I recently subscribed to BP Pro subscription and a Propstream subscription. I've been analyzing properties using these utilities, but I still feel like I just don't have all of the info to fill out the numbers properly. I always hear that the gain is made on the sale price which makes sense so I've been searching foreclosures and auctions. I guess my main question to start with this post is how should I go about finding properties. I want to brrrr but I feel like I need property close to me so I can get my feet wet and keep a closer eye on what's going on. I am in Stark County, OH. I reached out to BP that got me a contact for an agent. We had a convo about a week back, but I'm not so sure I'll be hearing back with deals or not. I've been looking to stay around 150k so I have room to repair and cover unforeseen issues. I've been looking at multifamily but not sure that would be the best start for a newbie or not. The hardest thing for me is in the analyzing properties, it's hard to gauge all of the expenses and proper rents to see if it will cash flow and to know if areas are having occupancy issues in the first place. Any websites for analyzing or any other feedback would be great. Thanks for your help!