All Forum Posts by: Dennis Normile

@Rudo Bidi

Not from there but really interested in seeing how your efforts play out !

@Amit Patel

You should check with some independent agents, they likely have access to carriers that can do this. I write policies in Ohio and that would not even take me an extra minute to do here.

@Michael Stobo

I am *very* excited to see how this turns out for you !

@Austin Shade

If cash flow is king, try the suburbs of Dayton: Beavercreek, Bellbrook, Centerville. Good SFRs run for $170-220. You’ll get very good cash flow but probably weaker appreciation than Columbus.

For a more balanced mix of appreciation and cash flow, I *strongly* recommend Reynoldsburg outside of Columbus, and the first few miles of territory on the Licking County side of the Licking/Franklin line. Access to 270 and or 70 is key to this area, as it’s one of the last games in the area where you can buy in a placid neighborhood and still commute to downtown Columbus in under 25 minutes *and* have a sticker price below $275,000. Look around in the area on both sides of L Brands Headquarters.

I also think Lancaster is an interesting choice if you believe that Central Ohio’s exurbs have a strong growth story. Of my opinions, this one is probably the most controversial.

I am still a rookie investor and own only 1.5 SFRs. It is possible others will have strongly divergent opinions. Hope this is helpful!

This is definitely doable if you can thread the needle of rents supporting the low down properties and you can sustain two mortgages at once. If you live in the right area you could use a combination of USDA, FHA & VA loans to quickly grab 4 properties. If you move around for work you can easily get the second FHA too.