New Member from Columbus, Ohio
Hey Everyone,
My name is John and I am from Columbus, Ohio. I don't have much experience in real estate, I've purchased two homes in the past as personal residences and sold one of them using realtors.
By day I work as and Electrical Engineer. I'm looking to become a real estate investor by night, with a long term goal of being able to quit my job and be a full time landlord/property manager/home inspector.
This means to me that I need to procure at approximately 24 rental properties that net at least $400/month each to be able to really quit my job and focus on RE.
I'm currently hoping to find other members in Columbus that I can connect with, learn from, and hopefully help out in any way I can with their businesses so I have a chance to learn.
I'm also very curious in raising capital. I've done a fair amount of reading online and a book, found what I believe is a good rental property, but have been having trouble finding financing. I currently have about 10% cash I can put down on the property, but banks want at least 20-25% down. So I'm looking for advice in that arena.
Thanks for looking!