All Forum Posts by: Alex Rivera Jr.

@Alex Rivera Jr. look into FHA 203(k) which allows you finance repairs when you purchase.

Then you can look at fixer-uppers that have less competition to buy => lower price!

@Alex Rivera Jr. how are you planning to purchase - cash or mortgage?

What's your buy criteria?

Hey Alex, welcome to BiggerPockets! It's great that you're taking the initiative to learn about real estate investing. Focusing on buy-and-hold for long-term rentals with SFHs and MFHs is a solid strategy. Have you considered house hacking? This strategy can help offset your housing costs while you build equity in the property. You can learn more about it from this article: https://www.biggerpockets.com/real-estate-investing/house-ha... 

Hi, think about investing in Ohio as a Realtor, I can definitely tell you it is a great place for investors. if you have any questions, please feel free to contact me. 

Thanks!

Regina Blake- Ohio Realtor

@Alex Rivera Jr.

Investing in long-term rentals, like single-family homes (SFH) or multi-family homes (MFH), can be a smart way to build wealth and earn passive income. To get started in real estate investing, it's important to keep learning about market trends, financing options, property management techniques, and laws that apply. Setting clear investment criteria, such as the types of properties you're interested in, where you want to invest, your budget, expected returns, and how much risk you're willing to take on, is key.

In order to be financially prepared, it's important to save for a down payment, establish an emergency fund, work on boosting your credit score, and look into different financing options. It's also crucial to conduct thorough market analysis and search for properties using tools such as real estate websites, MLS listings, and property management software to find potential investment opportunities. Performing proper due diligence and evaluating properties carefully is key, along with securing financing and finalizing the acquisition. A well-thought-out property management plan, ongoing learning, and optimization are all necessary for building a successful real estate portfolio and achieving financial independence.

Good luck!

 Hey Alex - I would check out the Columbus market. It has been booming for the past couple of years with strong job growth and population increase. I personally invest here for both the cash flow and appreciation. I recommend looking into areas near economic bases - close to Nationwide Children’s Hospital, Ohio State Campus, New Albany, etc.

Hey Alex, welcome to BiggerPockets! You're in the right place to learn about remote real estate investing. Can't wait to see you grow. Are you planning to invest locally or are you open to investing out-of-state? I am always down to talk about real estate investing in Columbus, Ohio.I can share insights on investing on both single and multifamily properties, including out-of-state investing. I started off with a duplex in 2020 and now have a solid portfolio of rentals with my partner.

Let me know if you need assistance!