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All Forum Posts by: Alfath Ahmed

Alfath Ahmed has started 21 posts and replied 810 times.

Post: Lets hit the ground running

Alfath Ahmed
Posted
  • Real Estate Agent
  • Columbus, OH
  • Posts 843
  • Votes 958
Quote from @Cody White:

Hi everybody. I'm a relatively new investor who'd like to connect and expand my portfolio. I'm interested in flipping single family properties and holding multi-family properties. My wife is in the process of getting her real estate license and we're excited to make a better life for our children and make a difference in our community.


That's awesome cody! I'd recommend reading the BRRRRR book then connecting with some investor agents through BP and getting access to offmarket deals, contractors, HML lenders/DSCR lenders, and PMs. Easy solution to get started.

Post: Good markets for a new investor

Alfath Ahmed
Posted
  • Real Estate Agent
  • Columbus, OH
  • Posts 843
  • Votes 958
Quote from @Nicholas Vialpando:

I’m a new real estate investor and I’m looking for my first deal. The market in Colorado is vary competitive. Where are some places I should look for my first rental property.


 I'd say anywhere in the Midwest that is a landlord friendly state. I own 25+ unit in Columbus and sell 110+ properties a year so I would be biased to say here. But also, most of my investors are Californian. This is my suggestion in simple terms.

Columbus - Decent cashflow and amazing appreciation

Dayton - Affordable and Good Cashflow

Cleveland - Good Cashflow

Post: Choosing a market

Alfath Ahmed
Posted
  • Real Estate Agent
  • Columbus, OH
  • Posts 843
  • Votes 958
Quote from @William Breymann:

Hey all, looking for thoughts as I hone in on a market. I had basically settled on Ohio and was between Columbus and Cleveland, but also looking at Dayton. I had connected with a couple RE agents through bigger pockets and they were sending me deals which looked great compared to my home market in Western MA. After I started digging into crime stats and school ratings and looking at street views they didn't look so great though.

We were just in Saratoga, NY and walked a beautiful house that we were talking about partnering on with a family member. It turned out they aren't serious and I'm not ready to take on the risk and work required to manage a hybrid STR/MTR that I believe it would take to make it viable, and also don't want to put the majority of our HELOC into one property. Anyway, I've started looking at spots that actually get me excited. For me this isn't large cities and bars and nightlife but lakes, mountains and beaches and outdoor destinations. Around me in the Northeast, I've been looking in Warwick, RI, Burke, VT, and upstate NY, particularly Saratoga and Lake George areas. All small markets and expensive. Not cash flowing with my financing unless you STR or MTR.

I'm currently considering targeting more affordable metro areas but looking at areas close to parks or natural attractions but also hosptials to open up the option for STR but more so MTR to traveling healthcare folks. I work in healthcare and have met and know many travelers. Currently looking at areas outside of Raleigh, NC (have a family member close) and have moved back to Cleveland as it has Lake Erie which I like.

Anyway, long story just to ask your thoughts on whether I'm thinking too much about the locations and whether I like them vs if they make financial sense. Have had people tell me I won't be spending time there and it doesn't matter which I know is true. On the other hand having a place that we could potentially visit if there were vacancies or could make into a vacation while checking in on it makes sense too. Appreciate any thoughts and curious how you settled on your market, especially if it was out of state?


 Hey Will - Dayton is pretty nice for its affordability. I've got student housing there for the past 3 years and have always had rent on time. You just need to buy in better areas. I've got a map I built that i can send you if you want. 

Post: Short term rentals

Alfath Ahmed
Posted
  • Real Estate Agent
  • Columbus, OH
  • Posts 843
  • Votes 958
Quote from @Matt Mastey:

I'm at investing in properties. Would anyone be able to help me with analyzing the market for short-term rentals in certain areas? What are some things I should look out for? 


You can use airDNA to calculate occupancy rate, average daily rate, and see # of STRs that are there. Use this calculator https://www.airdna.co/airbnb-calculator


You hard cost is furnishing. 

Your expenses are mortgage or rent (for arbitrage), utilities (electric, gas, water), cleaner, and maintenance. 

Post: New Investor, Likely Moving to Dayton in 2026

Alfath Ahmed
Posted
  • Real Estate Agent
  • Columbus, OH
  • Posts 843
  • Votes 958
Quote from @Jason Renze:
Hey everyone! I’m a new investor; just bought my first duplex as a house hack in Omaha Nebraska. Still learning the ropes of all this but I’m anticipating a move to Dayton Ohio (I’m active duty Air Force so Wright Pat AFB). Once I move I’d be looking at another small multifamily to house hack. Just looking to get to know some people in the area and understand the market a bit! What do you all think about Dayton and surrounding areas for investing, specifically for small multifamily? Thank you!

 I own student housing in dayton and sell a ton of properties there off-market. Good market if you are looking for affordable housing. It's only 55 minutes from cbus and growing pretty fast. 

Post: Multi family hunt!

Alfath Ahmed
Posted
  • Real Estate Agent
  • Columbus, OH
  • Posts 843
  • Votes 958
Quote from @Alan Siciliano:

Looking to purchase any multi family in and around the Akron and Kent Ohio area 2 unit up to 16 unit's  


 I agree with Remington. You can also look at properties on crexi and loopnet. There have been some good cashflowing deals up there. 

Post: Investing in duplexes and fourplexes, worth it?

Alfath Ahmed
Posted
  • Real Estate Agent
  • Columbus, OH
  • Posts 843
  • Votes 958
Quote from @Jakub R.:

Hi,

Is anyone successful acquiring and renting out duplexes and fourplexes in the current market?


Yes, I am! Buying BRRRR deals in B-/B class areas are keys to having the best of both world. But you have to choose a market that is investor friendly/Growing and not super expensive for this to work.

Post: Buying A Property In The US A

Alfath Ahmed
Posted
  • Real Estate Agent
  • Columbus, OH
  • Posts 843
  • Votes 958
Quote from @Wodida Kevin:

Hello everyone my name is Kevin from Uganda Eastern Africa. I have been investing in real estate for a number of yours and I own over 70 units in Uganda am so happy to be on this platform.

I have  questions and I will appreciate your responses. Can a non USA citizen own property in USA looking at Seattle, Can I benefit from any credit facilities there to invest in property or as a non citizen I will have to invest 100% of my private capital, Is there a specific state that  that is friendly to non Citizens to purchase properties and lastly what is the legal procedure to follow when it comes to owning a property in USA.  


 You can certainly invest in the United States w/o living here. I sell over 100+ properties to OOS/OOC investors every year. You need the right lenders (it will still be expensive) and you have to buy in landlord friendly states (look into the Midwest where cashflow/appreciation are both present) and find a good realtor. 

Post: Challenges Out-of-State Investors Face in Detroit & Toledo

Alfath Ahmed
Posted
  • Real Estate Agent
  • Columbus, OH
  • Posts 843
  • Votes 958
Quote from @Leroy K. Williams:

Lately I’ve been seeing a lot of out-of-state investors looking into Detroit and Toledo. I’ve seen opportunity here, but it also comes with challenges that don’t always show up in the numbers. A lot of people I’ve spoken with say the hardest part is trying to manage things from a distance, whether it’s trusting the right crew for renovations, finding tenants who are reliable, or just handling the small day-to-day landlord tasks that pop up when you’re hundreds of miles away.

For those of you who invest out of state, what’s been the toughest part for you? And if you’re considering Detroit or Toledo, what’s on your mind before you take the leap? I’m curious how others are approaching it.


I work with out of state investors in my market. The toughest parts i usually see are market understanding, deal analysis, and team (lenders HM/DSCR, PM, and Contractors that buys labor and material).

I aim to make it as easy as possible for them so that they don't struggle. Usually we chat about different markets pros/cons, their goal/strategey, connections, and help with deal analysis. 

Post: Anybody buy anything from hibid?

Alfath Ahmed
Posted
  • Real Estate Agent
  • Columbus, OH
  • Posts 843
  • Votes 958
Quote from @Steven Westlake:

Anybody buy anything from hibid? We bought our home in Ohio off of there. Might be a lesser known resource.


 Great tool. Will be sure to check it out. I frequently check auction websites to see if there is anything good. I am also in the search to buy a personal home in maybe Dublin or Hilliard area in Columbus.

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