All Forum Posts by: Kerlous Tadres

In search of top notch real estate agents to work with in Ohio or out of state

Hi everyone, 

As a first time out-of-state investor, I've heard buzz about promising neighborhoods in Columbus, like North Linden, Olde Towne East, and Franklin Park, known for their potential cash flow and appreciation. However, a quick glance at Zillow reveals some new or decent condition rental listings lingering for over 30 days. This raises a critical question: Is there a genuine rental demand in these areas, despite the city's ongoing efforts to enhance infrastructure? Understanding this dynamic could be key to making informed investment decisions

Hi everyone!

I've got some properties up in the DFW area. Right now, finding properties around there that work for that BRRRR strategy is really difficult. The property taxes and interest rates are just eating away at the cash flow, so I'm pretty much stuck doing flips in that market.

Wanted to get your advice and hear your thoughts on where might be a good market for the BRRRR method these days? I know a lot depends on the specific deal, but there's gotta be some markets out there where it's easier to find properties that are 70% of ARV and still cash flow pretty decent, right?

Let me know what you think - I'm all ears!
Trying to figure out the best move for growing my portfolio, so any input would be much appreciated.

I am looking for out of state investment opportunities. I have been doing research on markets that others have brought to my attention, Ohio market, Arizona, etc.

I was interested in some opportunities I have come across in Wilmington. Appreciate any insight from those experienced in that market,
I am looking into small multifamily units. 

Hi! I'm excited to be here and learn. I'm interested in buying and holding single-family and/or small multi-family properties. Currently in Las Vegas, NV where the barrier to entry is high in terms of costs SO I'm looking elsewhere. 

Currently interested in north Dallas area, Ohio, and properties offered by REI Nation. Currently in research and networking phase. I am looking to take the (calculated) plunge early 2025.

Hope to make some great connections here! Bless!

As a new investor I am working to find the right balance of allocation towards Vacancy, Capex, Emergency, etc. I currently sit anywhere in between 6-8%. I like to be aggressive with these numbers as cash flow is not my main focus now. I am interested to see what seasoned investors find to work best. Mostly small multifamily properties.

What is your breakdown? Thank you in advance!

I'm trying to buy my first investment property with ~$100k saved up.

My brother started his first W2 job last month that pays $45k/yr+ commissions.
I plan to get a minimum wage job/an entry W2 job since I'm still in college and to hopefully qualify for a bigger loan.

A lender estimated we'd be eligible for a $300k loan with $100k down, and a $2,500/mo payment on a $400k property with only my brother's income as of now.

California is too expensive for us so I have been looking into out-of-state investment properties.

What would be the best investing route for us to take to grow our wealth? What should I be doing?
Is it even a good time to buy right now or should I be waiting until interest rates go down?
What type of out-of-state property should I be looking for? Single Family? Multifamily?
Are out-of-state investment properties recommended for a complete beginner to start with or too risky?
Do I have to form a team for out-of-state properties or are there other better ways to go about it?
If I have to form a team, how do I go about doing so?

As a complete beginner with no experience at all, please guide me on everything I should know and all the steps I need to take to make a successful investment.

Thank you in advance.

 I currently own 1 "C" neighborhood and have had great success over the past 7 years. Keep rent a little bit below market and keep the property maintained and you can get great responsible tenants. 

I'm weighing on buying a "A" property though. 

1) I heard that section 8 in a way offers downside protection for land lords.  In a recession, you can just fill your property with section 8. Thoughts?

Any other thoughts?

Hey guys, I have been attempting to get my hands on some real estate since march. I have networked with many people, cold called for a company, learned how to run ARV, how to calculate repairs, all that jazz. I say that to say I am in a negative whole in terms of ROI, Ive spent so much time and money on wholesaling, things like a guru course, buying lists, dialers, and even some Facebook ads. I haven't made a dime but I also do not want to be the guy who just quits. I think the reason for my failures so far is lack of direction and leadership in the field. I do not mind pivoting if it means I will win. I am willing to do anything as far as working calendars for your airbnb operation, being your boots on ground for your out of state properties (I live in College Station Texas), anything that I can do to be of value, in return for some guidance to success in the real estate world.

I'm new to the real estate investing game.  I've just stated requesting to view properties in Cleveland, OH.  Since I will be an out of state investor, I'm thinking of using a property management company in the future,  Any thoughts or recommendations will be greatly appreciated.