All Forum Posts by: Brendan Kinsella

 @Brendan Kinsella Perfectly done!

With that down payment range, what about this duplex in Chatt: 4107 Fagan St, 37410

Welcome to Bigger Pockets Brendan!

Cleveland is a great market to invest in if you're looking for cash-flow. Because of that low barrier to entry, plenty of investors from all over are looking at this city. I highly suggest working with an investor friendly agent so you don't buy in the wrong locations.

I like the west side of Cleveland. Look into neighborhoods like Jefferson, West Boulevard, Cudell, Clark Fulton, Brooklyn Center, Old Brooklyn, and Garfield Heights.

I suggest working with an investor friendly agent so you can get the right guidance!

Welcome to the group!

No matter what kind of investing you're focused on, two key areas often get overlooked: tax planning and asset protection. While closing deals and growing your portfolio can be exciting, laying a strong foundation in these areas is critical for long-term stability and success.

A well-thought-out tax strategy helps you maximize deductions, choose optimal tax structures, and retain more of your earnings. By planning ahead, you can reduce your tax burden and give yourself more flexibility to reinvest and grow.

Equally important is protecting what you’ve worked hard to build. Real estate investing comes with risks—lawsuits, creditor claims, and more. Without the right legal safeguards, your personal and business assets could be exposed. An effective asset protection plan helps minimize liability, secure your wealth, and prepare you for potential legal challenges.

To navigate both of these areas confidently, build a strong team. Work with a real estate-savvy tax advisor and an asset protection attorney who understands your goals. Getting expert advice early can help you avoid costly mistakes down the road—and give you greater peace of mind as your investments grow.

Wishing you success on your journey!

Disclaimer: This message is for educational and informational purposes only and does not constitute legal, tax, financial, or investment advice. No professional relationship is created by this communication. Please consult qualified professionals regarding your specific circumstances.

 Hey @Brendan Kinsella, welcome to BP! Congrats on taking the first step on a your investing career. I was in a similar position back in 2021 and the cost of local properties made it super hard to find something to buy and ultimately settled on Ohio as well. 

You'll want to make sure you have the right teams in place to help your portfolio perform (property manager, lender, contractors, realtor who also invests themselves). Make sure you do plenty of research and look at the economics of your target market. Wouldn't hurt to take a trip to explore and see the area first hand as well. 

BRRRR is a very advanced strategy that even local investors often struggle to execute successfully. As a first purchase, I'd recommend something little more turnkey so you get a good foundation on what it's like to invest / manage / own real estate.

Happy to share some of my oos investing experiences from before I moved to Ohio. Good luck on your journey!! 

 Hey Brendan! Welcome! I am in Cincinnati/Northern Ky so let me know if you have any questions! Open to answering any questions you may have whenever you have them!

I saw you responding to Jaycee regarding down payment, and I just wanted to say your down payment amount is a good amount. Definitely the higher end of that for turnkey SFH, but would also be good with down payment on a BRRRR, but they may not give a lot of room for mistakes with the down payment. I would recommend the SFH rental, maybe a condo if it allows it.

Hey @Brendan Kinsella, welcome to the BP Forum! What is your price range/down payment amount? Are you looking for turn-key properties or something along the lines of a "fixer upper"?