All Forum Posts by: Julia Lyrberg

Hi Hiram, welcome to the BiggerPockets community!

Welcome to BP, Batyr!

Welcome to BP, Jared!

Welcome to BP Ben!

Sticking with Akron or expanding to Cleveland makes sense, especially if you can leverage the same property management. Since you're in it for the long haul, focusing on familiar markets with solid fundamentals is a smart move. Given your buy box, keep an eye out for properties with strong rental demand and minimal major repairs. If cash flow is tight, consider exploring slightly better rent-to-price ratios within your target areas. Sounds like you're on the right track—just stay patient and stick to your criteria!

You're in a great position financially, but if house hacking isn’t lowering expenses or cash flowing, it may not be the right fit. Consider properties with better rent-to-price ratios or creative financing options. Keep running the numbers—sometimes waiting for the right deal is the best move!

Welcome to BP Nick!!

Welcome to BP Andrae!

Hi Bryce, Welcome to BP!

Sounds like you’re off to a great start!

For LLCs, it’s true that many investors start without one, but with significant assets and your husband’s profession, asset protection is definitely worth considering. A good real estate attorney can help you weigh the risks and structure things properly.

As for markets, it’s smart to focus on fundamentals rather than personal connections. Look at rent-to-price ratios, job growth, and landlord-friendly laws. Many OOS investors pick one market to master before expanding.

Spending the next few months learning and analyzing deals is a great plan! Running numbers, networking, and talking to local investors will boost your confidence when it’s time to pull the trigger. Best of luck!