All Forum Posts by: Jay Scott

Jay Scott has started 9 posts and replied 36 times.

Thank you!

1 Vote

Good morning all! I started this business back in 2003, and are getting back in the game after a hiatus. Just looking to reboot and relaunch the business and rebuild my network. First, I am deciding what city to invest in. I have experience investing out of state. I will start with some fix and flips, then progress back into multi family investing. Looking forward to meeting everyone!

Hi Jay, my biggest tip is to understand that the real estate market has completely changed and it's much harder to find cash flow. What you saw in 2003 isn't applicable in 2025 anymore as it's been well over 22 years! With that being said, if you're looking to still find positive cash flow and appreciation, I would definitely suggest Columbus Ohio! It's one of the hottest markets in the US right now with some of the fastest population and job growth and companies moving and developing here. I would recommend taking a look into 26B Intel headquarter development, Amazon, FB, LG, Google, Anduril, Nationwide, Ohio State University, and many other companies here! Additionally, you can still find properties for 120-180k that will positive cash flow and hit the 1% rule. Recently one of my clients purchased a $120k single family house and is currently renting it out for $1550/mo. Anything you buy in the Columbus Ohio market is currently blowing up in terms of appreciation growth. Happy to connect and answer any questions you have

Thanks for the insight Jimmy. While I did take some time off, it wasn't 22 years. It was about 5 years, but I absolutely understand your point. The market is always shifting. That is why I am doing my research before getting back in. And thank you on the heads up regarding Columbus. That is actually one of the markets I am looking at. I will let you know what I decide.

2 Votes

Fort Lauderdale, Florida

Quote from @Kerlous Tadres:

Welcome back! Since you're starting with fix-and-flips before transitioning to multifamily, pick a city where small (2-4 unit) and mid-sized (5-20 unit) properties are accessible and in demand. choosing the right market is key. You'll want a city with strong buyer demand, solid ARV spreads, and rental potential for long-term growth.

Ohio has some great opportunities right now. Markets like Columbus, Cincinnati, and Cleveland offer strong demand for flips, while also having plenty of multifamily deals to scale into. If cash flow is your priority, cities like Dayton and Toledo have low entry costs with strong rental yields. Since you've invested out of state before, having a solid local team will be key, especially for managing flips remotely.

What kind of properties are you looking for, and do you have any markets in mind?

Good morning, and thank you for your response and insight. I'll consider those markets. I'm particularly intrigued with Columbus. I'll reach out to you.

2 Votes

Fort Lauderdale, Florida