Hello there! New interest in starting real estate investing.

Hello there! New interest in starting real estate investing.

Member since 2025 · 3 posts · 14 votes

My wife and I have recently decided to start investing in real estate and are excited to have found the BP community. Looking forward to learning from the group and resources here. 

Thanks,

Justin

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Memphis, TN · Member since 2024 · 180 posts · 223 votes
11mo

Welcome, Justin! 

That’s awesome - it’s such a great time to get started. If you’re open to exploring different markets, Memphis has been a solid cash-flow area for new investors and now is a great time to jump in because we are in somewhat of a market freeze where sellers are more negotiable to get rid of properties but lots of buyers are holding waiting for interest rates to drop. Now is a good time to " Zig when other people zag " . Let's connect!

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  • Benjamin AakerPro Member
    Rental Property Investor · Brandon, SD · Member since 2015 · 1k+ posts · 1k+ votes
    11mo
    Hi Justin. Welcome to BP!
  • Min ZhangBusiness Member
    Real Estate Agent · Member since 2022 · 1k+ posts · 1k+ votes
    11mo

    Welcome, Justin! Great to have you both here. This community is such a solid place to learn! Lots of real people sharing what actually works and what doesn’t. What kind of investing are you leaning toward? buy and hold, flips, or house hacks?

  • Member since 2025 · 3 posts · 14 votes
    11mo
    We are looking for buy and hold in LTRs and STRs.
  • Investor · Get yourself trained before doing something inadvisable. · Member since 2024 · 3k+ posts · 1k+ votes
    11mo
    Quote from @Justin Wilson:

    My wife and I have recently decided to start investing in real estate and are excited to have found the BP community. Looking forward to learning from the group and resources here. 

    Thanks,

    Justin

    Are you funded or are you looking for funding?
    Are you open to out of state investing or are you going to stay in CO?
  • Member since 2025 · 3 posts · 14 votes
    11mo
    We are interested in funding options. We are also open to investing out of state.
    • Investor · Get yourself trained before doing something inadvisable. · Member since 2024 · 3k+ posts · 1k+ votes
      11mo
      Quote from @Justin Wilson:
      We are interested in funding options. We are also open to investing out of state.

      a lot of people use VA which is zero down and FHA which is 3.5% down but you have to live in the property for the first year. Some other lenders have "Low down" entry level loans. So, those loans typically have PMI insurance and add a cost to the monthly payment.

      So, for instance a $400,000 house with a 3.5% down ($14,000) looks like this



      And a $400,000 property bought using what we teach, Seller Financing looks like this,  Same loan two years into it,
      $384,374 remaining on loan at 4% = $2,216 payment. That's a $731 dollar a month savings and that means cash flow.

      We are offering a spreadsheet that calculates these for you, for free. Just reach out to me at 

      https://www.biggerpockets.com/users/kenm286

       and leave a Message.

      If you are new and looking at buying a property or a house, or other real estate, I’d compare cash to financing, to offering creative financing to the owner. You might be surprised that they are open to creative financing and you will benefit significantly.

  • Real Estate Agent · Member since 2023 · 831 posts · 577 votes
    11mo

    @Justin Wilson 

    If you’re open to out of state investing, Cleveland and Columbus, OH are great markets to look into. Both have solid multifamily inventory that still cash flows, especially compared to higher priced areas.

    STRs can work in certain pockets near hospitals, universities, or downtown districts but most investors here lean toward long term rentals, either private pay or Section 8, for stability and less management overhead.

  • Jimmy LieuBusiness Member
    Real Estate Agent · Columbus, OH · Member since 2019 · 3k+ posts · 2k+ votes
    11mo
    Quote from @Justin Wilson:

    My wife and I have recently decided to start investing in real estate and are excited to have found the BP community. Looking forward to learning from the group and resources here. 

    Thanks,

    Justin

    Welcome to BiggerPockets Justin, and congrats to you both on taking the first step into real estate investing! Super exciting time and this community is an awesome place to learn and pick up momentum. Since you’re just getting started, I’d definitely recommend taking some time to study different markets and strategies so you can figure out what fits your goals best. If you’re looking for a strong cash-flow market with long-term appreciation potential, Columbus Ohio is one worth researching. I moved from Portland Oregon to Columbus in 2020 to invest and now own 10+ rentals here, and the fundamentals are really solid—population growth, job growth, and massive developments like Intel, Amazon, Google, Honda, Microsoft, LG, and more moving in. You can still find properties in the $120–180k range hitting the 1% rule and cash flowing, plus it’s very landlord-friendly which helps new investors. Excited for your journey and happy to connect and answer any questions you have!

  • Investor · Chattanooga, TN · Member since 2023 · 179 posts · 109 votes
    11mo

    Welcome Justin! Pleasure to come across your post! You've taken the first leap! Reaching out to the BP community! "Lead with Love".

  • Denise SuppleeBusiness Member
    Realtor · Willow Grove, PA · Member since 2017 · 993 posts · 647 votes
    11mo

    Hi @Justin Wilson Welcome! Real estate is a powerful wealth-building path, and this community is an excellent place to learn, connect, and get support.

    Spark Rental Co-Investing Club582 Reviews
  • Member since 2025 · 104 posts · 37 votes
    11mo

    Congrats! Happy to help if you have any Questions!

  • Joseph TadresPro Member
    Real Estate Agent · Columbus, OH · Member since 2025 · 184 posts · 179 votes
    11mo

    Hey Justin! 

    Welcome to BP! This is a great platform to connect and learn about different markets and strategies. 

  • Steven GlickBusiness Member
    Lender · Buffalo · Member since 2024 · 115 posts · 33 votes
    11mo

    Welcome to BiggerPockets, Justin! Great to have you here. It's smart to start exploring investor-focused financing options early on. Programs like DSCR loans are tailored for rental properties and qualify based on the property's income, making it easier to scale your portfolio faster. Feel free to reach out anytime if you'd like to dive deeper into the numbers!

  • Memphis, TN · Member since 2024 · 180 posts · 223 votes
    11mo

    Welcome, Justin! 

    That’s awesome - it’s such a great time to get started. If you’re open to exploring different markets, Memphis has been a solid cash-flow area for new investors and now is a great time to jump in because we are in somewhat of a market freeze where sellers are more negotiable to get rid of properties but lots of buyers are holding waiting for interest rates to drop. Now is a good time to " Zig when other people zag " . Let's connect!

  • Specialist · Member since 2025 · 483 posts · 270 votes
    11mo

    Welcome, Justin. Great to have you here.

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