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All Forum Posts by: Jimmy Bostic

Jimmy Bostic has started 0 posts and replied 73 times.

Post: New member here, let’s connect!

Jimmy BosticPosted
  • Investor
  • Columbus, OH
  • Posts 73
  • Votes 82

@Svetlana Kazantseva I think that the midwest is a great opportunity to make your money work for you. Ohio has a couple great markets, I particularly like Columbus and Cleveland. They both provide can provide good cashflow and appreciation. Columbus is expecting to grow even more with the upcoming presence of Intel and Honda plants. Hope this helps! Let me know if you have any questions. 

@Ryan Blankenship I would engage in a long-term rental. Columbus already has great appreciation, and now given Intel (and Hondas) presence in the city, huge appreciation gains are inevitable.

Post: Investing 400k in real estate

Jimmy BosticPosted
  • Investor
  • Columbus, OH
  • Posts 73
  • Votes 82

@Taylor D'Ambrosio I think you've got a lot of options on your hand. Most important next steps is to find a market to invest in. Being in the Midwest you've got a lot of great options. I specialize in Ohio, so I think Columbus are Cleveland should be something to consider. I've also heard good things about Detroit. I think your money would work best with a multifamily investment. Hope this helped, good luck

Post: First OOO BRRRR

Jimmy BosticPosted
  • Investor
  • Columbus, OH
  • Posts 73
  • Votes 82

@Ola Owoyemi

I've found that Ohio, specifically Columbus or Cleveland are great markets to consider. Columbus has good cashflow but better appreciation, whereas Cleveland is more renowned for its cashflow. I specialize in Columbus and with Intel and Honda coming in it'd be hard to deny the city's growth. Let me know if you have any questions/

Post: Getting financing as a college student

Jimmy BosticPosted
  • Investor
  • Columbus, OH
  • Posts 73
  • Votes 82

@Codey Wendel I know that you could do an FHA loan, but that would require you to owner occupy. I think that co-signing might be a good bet if you aren't able to sign by yourself. Also, I'm currently a senior at OSU so reach out if you want to talk RE.

Post: Out of state for beginner

Jimmy BosticPosted
  • Investor
  • Columbus, OH
  • Posts 73
  • Votes 82

@Alex Altamirano

Hi Alex if you wanna purchase something close to you do diligence in househacking and see if you can make the numbers work. If you're looking to do something oos make sure you have a trusted team with boots on the ground. The Columbus or Cleveland market is a good one to consider given the cash flow and appreciation (particularly in Columbus). Good luck man! 

Post: Best strategy to obtain capital for future property investments

Jimmy BosticPosted
  • Investor
  • Columbus, OH
  • Posts 73
  • Votes 82

@Ismail Sogbaike

I think that you have the right idea. Wholesaling is a good way to create those contacts and establish a better understanding of the industry. It is numbers game, so expect a lot of "no's." But deals exist it's just a matter of time. At 17 I think you have the right lens for success in the future.

Post: Out of state investing

Jimmy BosticPosted
  • Investor
  • Columbus, OH
  • Posts 73
  • Votes 82

@Anitha Muraleedharan

Ohio is a good state to consider. I'd be looking both the Cleveland and Columbus markets. They both cashflow well, Cleveland better than Columbus, whereas Columbus has better appreciation 

Post: Should I buy an investment property or primary residence?

Jimmy BosticPosted
  • Investor
  • Columbus, OH
  • Posts 73
  • Votes 82

@James Johnson I think looking oos for an investment property would be a good play given your situation. That 75k could go a long way for a nice property in B/A areas in the midwest. If you go this route you should consider Columbus, Ohio for a potential market. 

Post: Want explore investing in USA

Jimmy BosticPosted
  • Investor
  • Columbus, OH
  • Posts 73
  • Votes 82

@Collins Achebe 

Figure out where you want to invest in. The midwest is a good place to consider, specifically Ohio. The Columbus market should be on your list. It's a good area for appreciation and cashflow. Home to the Ohio State University, the city has had continual growth over the past decade. It's worth mentioning that Intel and Honda are investing billions into new plants that are located in the Columbus area

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