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Updated about 9 years ago on . Most recent reply

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16
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6
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Christopher Hikel
  • Cincinnati, OH
6
Votes |
16
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Starting off in Cincinnati, Ohio

Christopher Hikel
  • Cincinnati, OH
Posted

Hey all-- 

Thanks in advance for welcoming me into the community. My name is Chris. I'm starting out my investing in downtown Cincinnati, Ohio because I've lived here for three years and I think I understand the market and its drivers, and prices continue to appreciate.

I see real estate investing as a way to build a base of passive income to make sure I can take care of my family if their health or the economy fall on hard times. In terms of dollars, I'm shooting for $79,000 annual profit 5 years from now and $200,000 annual profit 10 years from now. I know that this will be difficult to do.

I'm currently under contract for my first property, a 4-plex. If all goes well, I'll be closing on June 9. I had one building under contract previously, another 4-plex, but the deal fell through because the building didn't appraise out and the seller would not come down to what was still a good price.

Looking forward to building relationships with many of you.

Chris

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