All Forum Posts by: Kerlous Tadres

It's 2025 and I'm going to get serious about investing. Several years prior to Covid I got my finances in order to start investing. Unfortunately, Covid decided to change my plans, and I made the decision to hold off, in hindsight it was a huge mistake and no one could have imagined that property values could have increased at such a high rate. I'm self-employed and did not know if my business was going to be shut down due to the virus. During 2020 to 2022 I was fighting to keep my business profitable as materials and labor came in short supply and eventually led to the inflation we're seeing now. It seems like an uphill battle and I'm always putting out fires. I wasn't going to let this deter me so I began looking for deals but the numbers just didn't pan out. I wanted to leverage as much as I can with the equity that I have on other properties that I have in my portfolio to use as a down payment for the investment properties. There isn't enough cash flow in these deals to pay the mortgage, monthly expenses and the HELOC that I'm trying to leverage against. There's a lot of info here on BP and I'm just trying to take it one step at a time in the "Get started" section of the website. I'm not sure if the deals are just difficult at the end of 2024 in to 2025 or I'm just inexperienced. I'm also concerned about the real estate market as a whole. The sentiment feels a lot like 2008, home prices are unaffordable, Price to earning ratio don't make sense, rents are high (which is a goo thing only of the homes weren't so expensive), I feel like it's a ticking time bomb with the debt crisis. Am I paranoid and just making excuses and being too cautious? Being cautious has caused me to miss some great opportunities in the past 4 years. I do have some investment experience and I'm currently managing 1 property, all the numbers are great and there's a good amount of cash flow and long term growth so I'm not a total green horn. Any guidance and feed back on my frustration at this moment would be appreciated.

Looking to do my first BRRRR out of state and I am wondering what to have on a checklist if I were to have someone go take a look at a property for me. Would it be best to just have a general contractor to go look at the property?

Thank you guys in advance!

Hello,

First time out of state investor from CA interested in Cleveland.  I am seeking an early retirement and it looks like real estate is the way.  Best wishes to ALL...

Looking for advice. Newly established (last four months) contractor here. Long term goals are fix and flips of my own. In the meantime I have been looking for out of state investors or even locally. Figured out of state since most investors locally have their set crews. Any tips on how I could connect with some? Ones that are actually serious because the ones I’ve come across only one of them seems serious but yet to be fruitful. 

Thank you this! What are your opinions about Cleveland vs Columbus? 

 Hi Alyssa, welcome to BP! With your goals in mind, I would recommend looking into A / B class properties depending on your overall budget. You'll find that they'll appreciate nicely and you'll also be dealing with better tenants with less turnover. 

Central Ohio has a lot of great companies coming to town. Here's a link for the latest company choosing to come to Central Ohio Anduril Industries - Defense Manufacturing Facility. 

Good luck with your investing journey! 

Making contact for the first time here on BP. Looking forward to receiving direction and insight from a vast and amazing resource. I have had a rental property for a short period here in CT and have sold it in 2017. Recently, have only used BP calculators, watched a few podcasts and only viewed the forums from the outside. So, hello and thanks for viewing my post and look forward to meeting you!!!

Sincerely,

Jason Brown

I am selling one property and planning to do a 1031 exchange. I will have about 200k-250k cash from it. Any good area so you recommend for buying a rental property ?

Hey guys, I am a real estate agent looking to get into property investing. I was wondering what are some good areas to look into for investing. I live in Upstate New York but i was thinking of areas more out west or down south. Thanks!

Hi Everyone, My name is Moustafa and since my wife and I just got married we are looking more into our future to be FI. We both run our own businesses but we feel that real estate will help make sure we both maintain our life plans of not needed to work as much any more. We are based of course in one of the most expensive places to live yay to that. Looking forward to working and meeting everyone both local and non.