All Forum Posts by: Eric Levy

@Jason Seay

Great, thanks for the recommendation! I will reach out to him.

Hey guys. Just closed on a duplex in OKC and am looking for some contractor recommendations. If anyone has any, it would be greatly appreciated! 

@Matt R. Thanks for the advice Matt!

@Dawn Gawron That's awesome Dawn. I hear the midwest is great for cash flow. Best of luck in your search!

@Dawn Gawron

Hey Dawn, welcome to BP! OOS means out of state, SF means single family, and SFR means single family residential. Let me know if you have any other questions and I'll help you as best as I can.

Yes, I've heard the same. Unfortunately I don't know anyone in a location with the type of market I want to invest in. I'm thinking I will just choose three places I've heard are good and decide between them. But anyways, thanks and good luck to you as well!

@Tom Ott Preferably 4, but I'm open to duplex and triplex as well. I haven't done much research on SF investing, but I am open to it. They just generally do not cash flow as well from what I understand, and I feel it's more risky to bet on appreciation in the current part of the market cycle (although I guess for long term, that doesn't really matter).

@Derek Janssen I will! Thanks for the suggestion.

@Tom Ott I will definitely take a look. Just doing a quick search on Zillow or Redfin, it doesn't seem like there are many MF properties that aren't extremely old, and I don't particularly want an old property for my first buy. I will probably need to scout MLS listings. Thanks for the recommendation.

With so much information out there, I'm a bit overwhelmed with choosing a market to invest in. I want to invest for cash flow, preferably MF. Seems like OH is very popular right now, but I would assume that means I'm a bit late to the party. If anyone has any recommendations on emerging markets that I can research, that would be very helpful. I just want to choose a place quickly, not necessarily to purchase something immediately, but just so I can begin networking in that area. Thanks!

@Kira Golden Sorry for the late reply! Thanks for the information. I will keep syndications in mind for the future.

@Todd Dexheimer Thanks for the resources. I read both the articles and they were very informative. I realized now that I actually know someone who does this, so I will try and talk to them about it next time I see them.

@Ian Ippolito I appreciate the honest feedback. If I invest through syndication though, it doesn't seem like I will get the full experience of owning my own property, which is something I'm willing to take the risk for. I'm also a non-accredited investor, which I assume limits my choices when choosing a syndication deal. I'm in no rush, and I'm definitely not 100% set on MFR investing, so I'm sure there are other options I can pursue as well.