All Forum Posts by: Alfath Ahmed

Hello BP Community,

I've managed to save up around $90,000 to invest in my first rental property. I live in Miami, FL and don't want to buy here since prices are incredibly high.

I want to invest in growing communities, not exactly sure if I want to buy an AirBnb as my first out-of-state investment or 3-6 month short term, or a 1 year+ property. Also not exactly sure which state I'd want to invest in.

Questions for you who do this successfully:
1. What has been your favorite state to invest in? (some of my own research: Georgia, SC, NC, OH, TN)

2. What is your favorite renting strategy in that state? (Airbnb, short term rental, 1year+)

3. I know I have more questions but I've drawn a blank... I'm sure with your responses, I will generate more questions.

Thank you for all the help! Gd bless

Note: I'm a licensed Realtor + MLO in Florida.

Anyone still seeing 1% or above cash-flow and appreciation in Cleveland and/or submarkets around it? I.e. Euclid, Maple Heights, as far east as Lorain or even as far south as Akron? (Looking to spend 130 or less)

Just looking for advice, this would be my first property and I'd like to get cash flow while being in a non crime filled area, and being able to count on at least some future appreciation.

I am looking for hard money lenders in the Ohio area to finance a BRRRR project in the future. If you know of any reliable lenders please let me know. Your suggestions would be greatly appreciated. Thank you in advance!!

With where interest rates are right now is anyone finding success in purchasing out of state rent ready homes? Rentals don't make sense in my city and the competition for value add is insane. I've thought about value add plays out of state but the managing of the rehab etc is turning me away. What are y'all transacting more on rent ready homes or value add BRRRR?

Hey Sylvester! I use Wildcat lending, MM Lending for fix and flips / BRRRR's in the Cleveland, Ohio market.

Good day everyone,

I am very interested in buying land to build a cabin(or a few for vactional renting ) as the summer getaway, must be closer to nature and quite close/to a good small town. I live in the San Francisco Bay Area. I am open to any place on the northern side of California/Oregon or Washington,
However, I am also open to any other states if I could manage the property remotely.

Hello everyone! I’m a Marine veteran who has spent most of my 15 year professional career post service in project management across multiple industries like aviation, hospitality, tech, and CNC machining. Over the past few years, my wife and I have worked hard to improve our financial health—we’ve raised our credit scores above 800, paid off all debt except for our mortgage and student loans, and saved a fair amount. We're planning to start investing in real estate next spring once we reach our cash-saving goal.

After some research and consideration, I believe the BRRRR strategy aligns well with our financial goals. In the meantime, I'd love some advice on what peoples suggestions are as to what they would recommend to study up on first. With the wealth of information available on BiggerPockets and numerous other sites and books, I'm not sure where to start. I know as with almost everything in life much of the learning will come from hands on experience but I want to build a the best foundation possible beforehand. Any guidance, resources, or personal book recommendations would be greatly appreciated!

I am also 100% positive I am not the first...or second...or hundredth person to ask these questions but I ask here vs. finding others posts as I do enjoy fresh opinions while I start networking.

Thank you in advance and I look forward to your suggestions!

Hi I am looking for a new place to invest, I like multi family 2plex- 4 plex but would potentially do something bigger.   Currently have properties in Spokane,Wa, Caldwell, Id, Reno, NV, Little Rock, and Benton Arkansas.   The only place that seems logical at this point is Arkansas since the values have gone up so much in the other places.   Im looking for anywhere that I can get close to the 1% rule.   I am not as much interested in appreciation as I am cash flow.  Have 5-600k to spend and would like something to yield over 5000 a month.  Any ideas let me know thanks

Ian

I know Section 8 is the latest real estate investing craze. 

It seems folks are attracted to this because of "guaranteed rents" and the perceived ability to get higher than market rate rents to improve cash flow.

It's not a complex process but you should be aware of all the pros and cons whether you're looking at investing in Cleveland, Columbus, Florida, New York, Detroit, St Louis, Ohio, etc.

I have 3 S8 tenants and have been doing this for the last 5 years. I have some great articles on the topic here: https://www.buyingdetroitrealestate.com/section-8-investing/

And if you're looking to do something out-of-state I'm happy to help. I've helped hundreds of investors get started with out of state investing over the last couple years.

Hello, I am needing help with my first BRRRR

My plan is to rent out using Section 8. My goal is to eventually invest in commercial multifamily but just need to start. So far I have found a couple of deals that could be a great cashflow BRRRR.

Looking for an experience investor thats open to partner with me on my first one.