All Forum Posts by: Anthony L Amos Jr

Hello,

What are best markets for buying a multi family? Below is my criteria:

Turnkey

1% rule

4 or more unit multi family

B class neighborhood

Budget $700K

My sense is that small cities would be best for this criteria. But I’m finding it tough to find anything in markets such as Columbus, OH Cleveland OH. Any other markets I should be looking at?

Thanks!

Ankit

Currently I live in CA, I’d like to leave here eventually but my career won’t allow that. I was looking to invest OOS somewhere, haven’t dove into it much. I’m not sure about how it would work. If I find a location and house and everything in we’ll say texas…do I just call around and formulate a team out there to handle everything for me? I obviously can’t go out and see every property I’m interested in.

My question I guess is this: when investing OOS, is it feasible to have a manager/agent/contractor do all the hands on work while I sit here in CA trying to organize stuff over the phone..never actually seeing the property?

Hello BiggerPockets community!

I'm all about financial independence which has led me to learn about real estate over the past year from a variety of sources from BiggerPockets books, podcasts, along with stories from my dad about his father's time in real estate. The idea of house hacking has seemed the most exciting to me as it would allow me to actively manage potential problems on the property and live rent free. I'm unsure I'll be able to jump into real estate immediately since I still have one year left of college in Athens OH. Hopefully though I can get started as soon as possible either by partnering or exploring different approaches. If not, I can always use my time here to form new connections and learn.

Glad to be here!

Brian Richter

Happy to connect with other Canadians on here or cross border investors.

I started investing in Alberta in 2020 as a new immigrant and quickly grew my portfolio to over 13 units including 1 in Houston, Tx.

I focus on mid term and long term rentals!

Wanting to focus on other states such as Ohio etc

Hi all,  I am looking to connect with anyone, investor, or realtor, who has insight about investing somewhere in Midwest perhaps Pittsburg, Cleveland, and also West Virginia.  I live in Maryland and looking to invest outside my area with a range price of up to $100K, and produce good cash flow.  West Virginia is nearby, but have not seen many posting related to it.  Appreciate anyone who can share thoughts about West Virginia, Pittsburg or Cleveland. 

Hi all,

I've been doing a lot of reading and research on long term rental property investing, specifically long distance investing, and am somewhat stuck at which market to pursue for long term rental property investments. I am active duty military stationed in southern California and cannot afford that market. I have been doing macro studies of the following locations and would appreciate any feedback on the goods and bads of these locations, or any other recommended markets for a new investor. I am looking to buy and hold for long term single family or small multifamily rentals: 

-San Antonio, TX: Seems to have a decent amount of properties available but property taxes are high cutting into cash flow.

-Tampa, FL: Rental market seems sizable and stable but insurance rates seem high and potential of hurricanes, etc.

-Jacksonville, FL: Same concerns for natural disasters and insurance rates.

-Columbus, OH: I have had many people tell me to look into OH for good cash flow. Is this a flooded market or are there investments to be made still?

-Tucson, AZ: Seems to have an average population/job growth and decent rent rates, plus good weather.

-Knoxville, TN: Decent rent rates, lower property taxes, high % of renters.

-Raleigh, NC: Low rent to income ratio, average rent rates, moderate rent rate increase.

-Charlotte, NC: Good job/population growth, lower vacancy rate, higher rent, lower taxes.

Please let me know what you think, thanks ahead of time!

I am looking to put 20% down on my first rental property, and I am currently looking at Yuma, AZ and Columbus, OH. What are your thoughts about these cities especially as a first time investor? One of my concerns after doing research on the cities is the high crime rate in Yuma.

Hi.  I'm wondering if there is a company that provides boots on the ground for many different states. I'm looking to start investing in Columbus, Ohio but will look in different states as well. TIA.

Hello , 

My name is Anissa and I currently live in California . I started my real estate journey at the towards the end of 2022. My goal for 2023 is to purchase my first investment property. I have put in a few offers in Toledo and Cleveland Ohio but unfortunately none of the offers went through. I am looking for a new market at this time and would like to know any areas I should do look into ? Any recommendations?