All Forum Posts by: Adrian Birchler

Hey Steve, fancy meeting you here. I'll shoot you a message with my HVAC guy's info... he's reliable and very competitively priced!

Sounds good @John S Lewis. Just shoot me a message or email!

Hello @Mohil Prajapati, thanks for posting. I agree with Art, it depends highly on your goals. Are you local to Columbus? I'd be happy to meetup sometime next week and go over your goals and areas that would be good to target. If you aren't local (or prefer) we could always hop on a call instead. Shoot me a message or an email and we'll get something setup!

Hi @Odayne Daley, this depends mostly on what the tenant leases and ledgers look like. You want to make sure there's a solid (and legal) lease in place that would protect you appropriately as the landlord and that they have a proven track record of actually paying or you could be purchasing some headaches along with the duplex. I prefer to only purchase tenant occupied if they are month-to-month and even better yet if you make the terms of the purchase contract include tenants being gone upon taking possession so you can place your own tenants. However, if they're long standing tenants with no discrepancies and proven track record of paying on time then it can be nice to have some in place cash flow. 

As with much of real estate, this is a very situation dependent topic. I'm also Columbus based so if you want to meetup and talk shop shoot me a message and we can set something up. Always good to connect with more local investors!

Hey @Bryan Mulvany, good to hear from you. If you ever want to meetup and talk about investing and goals would be happy to. Just shoot me a message and we can set something up. In either case good luck with those goals!

Hey @John Boland, also Central Ohio based and also a Realtor. To counter @Jesse Houser's point just a bit, Columbus still has tons of opportunity for cash flowing rentals even in some B neighborhoods. However you aren't going to find many options directly on the local MLS or the zillows - you'll need to seek off-market properties. I'd imagine this is the case pretty much anywhere around the country right now so definitely keep this in mind in your search. As for pm companies, I am a property manager and investor and I would say pm vs. self management comes down to your knowledge, time, and energy preferences. If you're confident in your knowledge of landlord tenant laws, ability to manage tenants, etc. and have the time and energy to deal with the issues too then you can definitely "cut costs" self managing but really you're just paying yourself the management fee and I would definitely figure that into your numbers.

Hey @John S Lewis, agree with the gentlemen above. BRRRRs are relatively hard to come by in Columbus right now and turnkey is kind of an opposing strategy to BRRRR if you're meaning buying something already tenanted with no work needed and management in place. If you're looking to form a team to tackle BRRRR deals I can help. Our company is a full-service brokerage and management company with an in-house rehab crew so we can handle all aspects of the BRRRR strategy outside of the financing of course. If that sounds like what you're looking for shoot me a message or email and we can hop on a call and discuss more.

Hey @Dustin Bradley I am a local realtor and would be happy to pull some comps and give you a second opinion on your numbers if you'd like. I'd need more details on the home of course. Also happy to hop on a call or meetup over coffee if interested - just shoot me a message!

Ps: if the property is in the Columbus area our management fees start at 8% which would help with cash flow ;)

In-house lender at my brokerage may be able to help. Shoot me a message if you're still looking and I'll get you his contact info!

Hey @Trey Hedrick, welcome to Columbus and the real estate investing scene. Feel free to shoot me a message if you want to meetup and talk real estate - always down to share advice and resources!