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Updated almost 4 years ago on . Most recent reply

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Sara Booth
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9
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Thinking about flipping houses in Ohio

Sara Booth
Posted

Hello, Newbie here. I need opinions on this idea.


I have $100,000 I want to invest in real estate. I live in Los Angeles and I have family in Cleveland, Ohio. The last time I visited Cleveland I had the idea to start flipping houses out there. Since I have family there who can help oversee projects and provide a place for me to stay when I fly out it seems doable. Also, $100,000 seems like it could go a long way in that area. 

Thoughts on this?

Most Popular Reply

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66
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Kyle Tom
  • Property Manager
  • Columbus, OH
121
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66
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Kyle Tom
  • Property Manager
  • Columbus, OH
Replied

@Justin Gottuso, I try to walk people through the steps of investing when they are doing out of state investing for the first time. It's for sure scary but after you buy one property, you look back and go: "That wasn't too hard!" and want to do it again and again. It gets pretty addictive.


@Sara Booth, I saw you said you're from LA - I use to design part of the power grid for LADWP and lived in downtown Los Angeles for a year - I hated the traffic! No matter what time of the day I left at... 7am, 10am, 4pm, 1am, there was always traffic! I prefer Columbus Ohio! When it rains, all the freeways don't shut down... haha.

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