All Forum Posts by: Kerlous Tadres
Kerlous Tadres has started 1 posts and replied 925 times.
Post: First time BRRRR in planning phase, Need Advice!
- Realtor
- Columbus, OH
- Posts 947
- Votes 876
Hey Preeti, for out-of-state deals, my clients don't always visit, but having a strong local team, like property managers and contractors, is key. Virtual tours and detailed inspections help a lot, too. As for land versus distressed property, land can be a good long-term investment, but it's not as quick to cash flow as distressed properties. If you want faster returns, a fixer-upper might be a better fit for BRRRR. When it comes to HELOC lenders, I'd recommend shopping around at local banks or credit unions for the best rates. You typically won't need cash down, but they'll want equity in your home.
Post: Cross-Border Investor | Helping Canadians Break into U.S. Real Estate
- Realtor
- Columbus, OH
- Posts 947
- Votes 876
Quote from @Thomas Lorini:
Hey BiggerPockets community!
My name is Thomas Lorini, and I’m excited to reconnect with fellow investors here after being away from the platform for a few years.
I’m a full-time real estate investor and the CEO of a private investment firm focused on U.S. multifamily. Our portfolio has grown significantly, with an expanding presence in markets like Ohio and the Midwest.
Originally from Toronto and now based in Southern California 🇨🇦➡️🇺🇸.
My team and I support investora from Canada through every step - from deal structuring and financing to taxation and asset protection.
I’m passionate about simplifying the process and removing the fear and confusion that often surrounds cross-border investing.
Looking forward to learning, contributing, and connecting with like-minded investors - especially those focused on value-add multifamily and helping others create generational wealth.
Let’s connect!
—
Thomas Lorini
Hey Thomas, would love to connect!
Post: First Time STR Investor Looking for any Suggestions/Tips
- Realtor
- Columbus, OH
- Posts 947
- Votes 876
Quote from @Anthony Espinosa:
Hi Everyone! I am looking to start my first STR investment before the end of this year with a partner who has a background in real estate as an agent. We were initially looking to invest $100k (down payment and renovations) in a property in the Catskills between Windham & Hunter ski mountains (2 hour drive from where we live in NYC), but cant seem to make the numbers work with the property we were interested in regarding ADRs and seasonality for the size of investment we were looking to make. We have since been given the idea of buying a property out of state and putting in a larger investment of $150-200k to achieve a higher ADR and occupancy rate in a market with less seasonality. My partner is only an agent in NY state (we were hoping to use his 3% commission towards closing costs in NY), so we would need a good STR specialized realtor wherever we choose. I've been using airroi.com to check out different markets that look attractive and so far have came across Charleston & Nashville. I was also looking at Colorado (Breckenridge & other ski areas), but am running into a similar seasonality issue as the Catskills, albeit less impactful to our ROI & margins. The Nashville market seems a bit oversaturated with STRs and Charleston seems to have a lack of available properties in the main historic district.
Does anyone have any advice on how to go about finding markets out of state / suggestions on target markets? Also once we pick a city how do you determine which neighborhoods might be best within that market? Is that where the STR realtor comes in? The idea of purchasing a property without even visiting it and seeing the surrounding area is a bit intimidating, so it would be great to hear from anyone on this forum about how they went about it and any advice they may have. Especially around finding contractors, property caretakers, maids, handymen, etc.
Thank you so much in advance and I look forward to connecting!
Hey Anthony, welcome to BP!
Post: Software Startups to Rentals
- Realtor
- Columbus, OH
- Posts 947
- Votes 876
Quote from @Noah Crocker:
Hello — excited to join the BP community!
Quick background
I authored my first program, age 9, in QuickBasic on a 486DX IBM laptop rescued from disposal by a family friend. It had an 80MB HDD, 4MB of RAM, and a blazing 16MHz clock. One year later, a friend joined me in learning QuickBasic and we started a "company" writing small DOS programs. We made one sale — $1 for a "Tag" game on a 3.5" floppy disk we sold to his neighbor. Things have changed, but software engineering remains a lifelong passion for me.
Professionally, I’ve worked for some of the biggest names in tech — Microsoft and Meta (Facebook) — where I developed a strong foundation in scalable software practices. I also helped scale two high-growth startups from their Series C-ish stages: Snap and Anduril Industries.
I love talking shop about the software industry and trading stories. Despite the noise about AI replacing developers, I firmly believe there’s never been a more exciting time to be in tech.
Why I'm here
I’m looking to bring more balance and diversification to my finances and my life. I'm eager to learn a new industry and apply both entrepreneurial thinking and technical skills to real-world problems.
My current focus is learning about real estate investing, particularly short-term rentals (STRs). I want to deploy some of the capital I’ve earned in software more creatively and effectively, and I see real estate as an ideal next chapter.
I live in Irvine, CA, but I'm especially interested in investing in Michigan, my home state, with the goal of eventually returning to be closer to family
Looking forward to learning from all of you and contributing where I can
Hey Noah, welcome to BP! I think it's a great idea that you want to start real estate investing, the biggest thing is that you should do is build your CORE 4(great realtor, contractor, property manager, and attorney). The biggest tip is to find an investor-friendly agent and then go from there
Post: Relatively green investors, looking to get into Ohio BRRRR's and rentals
- Realtor
- Columbus, OH
- Posts 947
- Votes 876
Quote from @Ryan Hochmiller:
My wife and I moved from Denver to Columbus a few years ago. We just sold one of our rentals in Denver and are ready to invest through the BRRRR method here. Looking for funding options (hard money lending primarily) and home shopping. Would love to get connected with the local community.
Post: Time flies! Positioned for Growth as We Enter Q4
- Realtor
- Columbus, OH
- Posts 947
- Votes 876
Quote from @Gia Hermosillo:
As we near the close of Q3, Columbus—along with Central Ohio—is drawing increasing attention from investors. Here's why the numbers point to a strong finish for the year and signal smart opportunities ahead:
In June 2025, closed home sales jumped 11.1% year-over-year, totaling 2,951—supporting a robust year-to-date market performance .
Inventory is rising: 5,188 active listings in June, up nearly 33% versus a year ago, the highest level since 2019 .
Despite this, prices remain solid. The median sales price climbed 4.5% year-over-year to $350,000, and year-to-date pricing up 2.8% .
Rent growth remains strong too: Columbus recorded annual rent gains near 3–4% in 2024 and continued rent growth is expected through 2025, outpacing national averages .
Vacancy is tight—just 4.1%, well below the national rate of 6.8%—making the rental market particularly resilient .
With inventory increasing but demand still strong, Columbus offers both appreciation potential and healthy rental yield. Now is a great time to shape strategy for the first quarter of 2026—whether you’re evaluating new investments or repositioning holdings for growth.
If you're planning next-year moves, Columbus’s fundamentals look favorable: rising prices, solid rent growth, and high occupancy—a combination that doesn’t happen everywhere.
Want assistance preparing your portfolio strategy or exploring opportunities in Columbus? Feel free to reach out. We can help you interpret the trends and prepare for stronger returns ahead.
Great analysis Gia!
Post: What would you do with $400,000 cash?
- Realtor
- Columbus, OH
- Posts 947
- Votes 876
Quote from @Damon Bruceo:
What would you do with $400,000 cash? My goal is to create passive income because my wife and I are in our 50's with no 401k savings.
What would you recommend for a passive income?
Post: New Investor Focused on SFH & Small Multifamily Rentals
- Realtor
- Columbus, OH
- Posts 947
- Votes 876
Hey Bernard, great to see you diving into real estate! Starting with duplexes is a smart strategy, especially for generating steady cash flow while building equity. I’d recommend looking for duplexes in areas with solid rental demand, ideally near schools, transit, or employment hubs. These are great for attracting long-term tenants. One thing I’d focus on is with value-add potential. Look for properties that need some work, like cosmetic updates or efficiency improvements, because those can provide you with immediate equity and higher rents once you make those upgrades. Also, don't overlook mid-term rental opportunities if the area allows for it, especially for duplexes near hospitals, universities, or corporate hubs. They can offer better returns than long-term rentals.
Post: Building a team
- Realtor
- Columbus, OH
- Posts 947
- Votes 876
Hey Taylor, Cleveland can definitely be a strong market for multifamily investments. From my experience, cash flow tends to be solid, especially in areas with stable rental demand like Ohio City and Tremont. That said, you’ll want to focus on properties with value-add potential. There’s a lot of older inventory that needs work, but it can really pay off in terms of appreciation once renovated. The local economy is diverse, but don’t overlook the neighborhoods with some rough patches. Vacancy rates can be higher in certain areas, so it's important to do your research. Also, building a local team is crucial here. Having a good property manager, contractor, and even a local attorney who knows the ropes can save you time and headaches.
Post: New Here – Eager to Learn & Looking for a Mentor/Investor Post:
- Realtor
- Columbus, OH
- Posts 947
- Votes 876
Quote from @Jacqueline Francis:
Hi everyone,
I’m new to BiggerPockets and just starting my real estate journey. I’m here to learn as much as I can and eventually break into investing with the right guidance and partnerships.
I’m highly motivated, legally disabled, and determined to build a future for myself through real estate. I don’t have capital right now, but I bring hustle, loyalty, and a willingness to do the work. I’d love to connect with a mentor or investor who’s open to sharing knowledge—or even exploring a partnership where I can offer sweat equity and help manage deals.
If you’ve been where I am and are willing to give back, I’d be so grateful to learn from you. Thanks for welcoming me into the community!
Looking forward to connecting,
Jacqueline
Really appreciate you putting this out there. Many people are either quiet right now or pretending everything is fine, when in reality, it’s a grind behind the scenes. We’re seeing a lot of the same—tight debt markets, rising expenses, and equity partners getting spooked.
Right now, I’m leaning into tough convos early—especially with lenders—and being super selective on new deals. The only ones that make sense are where we can solve real problems (creative structure, local edge, or long-term horizon). It’s less about chasing discounts and more about navigating misalignment.
I would definitely be interested in hearing more about what has worked for you on the lender or capital side. Appreciate the honesty—this kind of real talk is exactly what the community needs right now.