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All Forum Posts by: Jonathan Styer

Jonathan Styer has started 5 posts and replied 317 times.

Post: What’s the buy formula in Columbus, Ohio

Jonathan Styer
Posted
  • Real Estate Broker
  • Columbus, OH
  • Posts 325
  • Votes 389

Buy low, sell high. You’re gonna like the way you look. I guarantee it. 

Post: Private Investors Deal Structure

Jonathan Styer
Posted
  • Real Estate Broker
  • Columbus, OH
  • Posts 325
  • Votes 389
Quote from @Adri Jusczak:

Hi Leila, 

I was in a similar position. I did the BRRRR method with my parent's money. They funded the deal cash, and I paid them interest only payments monthly. I then refinanced the property and was able to pay them back fully and I had about 10k extra for me. Feel free to message me if you want to talk through the process more!

This is a great strategy for a win win for both parties. 

Post: Rental Properties Investing - Columbus, Ohio

Jonathan Styer
Posted
  • Real Estate Broker
  • Columbus, OH
  • Posts 325
  • Votes 389

Columbus is great for both appreciation and cash flow. I don’t know anyone who hasn’t done well investing here. 

Post: CF property in Columbus, OH area

Jonathan Styer
Posted
  • Real Estate Broker
  • Columbus, OH
  • Posts 325
  • Votes 389

You are going to struggle to cash flow in the neighborhoods you’re describing. You want to focus on B-/C areas at least if cash flow is your goal. 

Post: Cash flow markets for out of state investment

Jonathan Styer
Posted
  • Real Estate Broker
  • Columbus, OH
  • Posts 325
  • Votes 389

I'll double down on Columbus. I've seen a lot of out of state investors do very well here. 

Post: Getting started in the Midwest, Ohio or MI most specifically

Jonathan Styer
Posted
  • Real Estate Broker
  • Columbus, OH
  • Posts 325
  • Votes 389
Quote from @Cesar Figueroa:

Thanks everyone for the tips.  I will check out the neighborhoods listed.  Columbus sounds great too, especially with all the growth.  My only concern with Cleveland is it seems to be shrinking consistently YoY.  But there is definitely less there in the price range I am looking for!


 Columbus is great. We see a great mix of appreciation and cashflow here. Plenty of good rental markets for SFH's here as well.

Post: Intel is growing in Columbus, OH

Jonathan Styer
Posted
  • Real Estate Broker
  • Columbus, OH
  • Posts 325
  • Votes 389

Columbus continues to grow, tech keeps coming here. We have a housing shortage with the amount of people that are moving here every day. I feel that this is just a continuation of the trend we have been seeing here for the past few years. We've been seeing crazy appreciation and are one of the hottest markets in the country. Doesn't look to change anytime soon either. 

Post: When's the right time to find an agent? Starting the process

Jonathan Styer
Posted
  • Real Estate Broker
  • Columbus, OH
  • Posts 325
  • Votes 389

Hello @Marshal Amon, you're in the right spot for finding agents who know investing in Columbus. There are many local agents who are investors that post on BP. If you're looking to move in June/July then the time to start looking is indeed now. I would recommend that you start interviewing agents to find a good fit. You're also going to want to start the lending process as well, you'll need to be preapproved to start writing offers. 

Columbus is a very competitive market so you're right to be looking for the right kind of agent who knows the investing piece but also how to structure your offer to win. You're being smart by starting out with a house hack, I wish I had done it that way from the start of my investing career!

Post: Turnkey Companies in Columbus OH

Jonathan Styer
Posted
  • Real Estate Broker
  • Columbus, OH
  • Posts 325
  • Votes 389

Another option is to purchase a flipped home and have a PM assist in placing a tenant. As these guys mentioned above, gonna need to be willing to put a little work in before turning any keys here in Columbus. 

Post: 203k loan work may not be able to be completed at quoted price .

Jonathan Styer
Posted
  • Real Estate Broker
  • Columbus, OH
  • Posts 325
  • Votes 389

I would start by speaking with your lender and explain what is going on. They are probably going to be your best bet to be able to walk you through this and help. Remember, you're in this together as they has skin in the game too. Good luck!