All Forum Posts by: Andie W.
Andie W. has started 1 posts and replied 7 times.
Originally posted by @Sean Cole:
Welcome to the fun, Andie! Competition is pretty fierce for deals in northern Cincinnati suburbs (west chester, mason, etc.), but I can't speak about Dayton. Sounds like you're looking for rentals?
Hi Sean,
Thanks for reaching out. I'm fairly open right now to either rentals or flips. I think a flip would require a lot more time and attention from me right now, but perhaps I could swing that. A rental would be ideal from a time-commitment standpoint, but at the same time, investing cash into a long-term asset would limit my ability to buy more and more quickly. So, I'm torn. What I do know, however, is that I need to better understand all of my financing options before I make a decision. I'd also like to know how successful investors manage a renovation/flip (contractors, timelines & quick sale). The thought of a flip seems a little over my head right now (but so did investing at all a year ago), but the quick payout is really appealing.
Curious to know if you or anyone else have any advice for someone like me and also curious what makes the northern Cincinnati suburbs so competitive. And one more thing while I have you - from your experience, what Cincinnati neighborhoods would you recommend a novice investor take a look at for entry-level flips or good quality long-term rentals?
This is probably more than you bargained for when you introduced yourself. :) But any advice you can offer is greatly appreciated!
Thanks,
Andie
Post: Bought 1st Property, working 3 jobs, with 5 kids under 5 yrs old
- Posts 7
- Votes 2
James - you're an inspiration! I find it amazing that not only do you have work, family and other personal obligations, you keep taking action daily toward your REI goals. Not to mention, you found time to share your success story to help inspire others. Way to go! And, thanks for sharing!
-Andie
Originally posted by @Craig H.:
@Andie W. awesome to see more people from Cincinnati on BP. I've just started to invest in Cincinnati myself. There are a lot of great investors in the Cincinnati area to learn from. Definitely check out the BP podcasts, if you haven't already. I always learn a lot from those. Best of luck in your search for your first investment. Where in Cincinnati are you looking to purchase?
Thanks, Craig. I'm focusing my search right now on some neighborhoods around Dayton and some of the northern Cincinnati neighborhoods. I'm open to other areas, but right now I'm really focused on making the right connections with people who can help. I'm meeting with a great realtor this week to see what she is seeing in the rental market in Cincinnati and Dayton.
Originally posted by @Mary B.:
Hello and Welcome to BP,
Absolutely take it all in by fully exploring the Education, Community, Tools, etc offered here. Happy learning and prosperous investing.
Kudos,
Mary
Thanks, Mary!
Originally posted by @Shurrone Jordan:
Welcome Aboard Andie you are going in the right direction and I admire that you are finally stepping out and beginning to network with others. Reach out if you need anything.
Sincerely
Shurrone Jordan
Thanks, Shurrone!
Originally posted by @Jered Sturm:
@Andie W. Good for you. Keep it going by looking at property for sale in your area. Feel free to reach out if you have any questions. Good luck on your new venture!
Thanks, Jered! I may be reaching out soon to pick your brain about the Cincinnati market.
Hello BP! My name is Andie and I'm a new investor in the greater Cincinnati area. I have been on BP for a year now, just observing and learning. But, I'm finally ready to reach out and introduce myself. I am hoping to learn a lot more from the investor community near me and beyond and begin connecting with other investors and RE professionals. And, I'm hoping that through overcoming my social networking apprehension by finally introducing myself, I'm putting myself one step closer to building a great network of resources and friends and shortly thereafter, buying my first property.