All Forum Posts by: Kyle Tom
Kyle Tom has started 0 posts and replied 57 times.
Post: Columbus, OH property mgmnt
- Property Manager
- Columbus, OH
- Posts 66
- Votes 121
@Remington Lyman, thanks for looping me in!
@Mark Burke, Hey Mark! I saw from your previous posts that you're currently investing in Florida and trying to form a team in Columbus? I currently run Reafco Property Management. I put this together as a resource for investors to learn more about my company. https://sites.google.com/view/reafcopm. Let me know if you have any questions about anything in Columbus. I'm also a real estate investor and agent and love helping people.
Post: Analysis Paralysis 2021
- Property Manager
- Columbus, OH
- Posts 66
- Votes 121
@Susan Naranjo-Stultz, @Bill Kenshur. That’s really cool that you are part of a mastermind group together. I’d love to join. What kinds of things do you talk about and discuss?
I’m originally from San Francisco, CA but moved to Columbus, OH to do real estate full time (investor, agent, & property management). Once I stabilize the PM side, the plan is to travel to CA either every month or at least every other month to visit my Family and Wifey. 😁😁
Post: find owners of distressed properties in Ohio
- Property Manager
- Columbus, OH
- Posts 66
- Votes 121
@Remington Lyman and @Marc Rice have really great advice.
I have my mentee @Patrick Drury skip tracing lists with 100’s of numbers. Each owner probably has about 4-5 phone numbers.
@Michael Grigorashenko, how many properties are you looking up? How many numbers are you calling for each property?
Post: I’m 22yrs old from Columbus Ohio and looking for a mentor
- Property Manager
- Columbus, OH
- Posts 66
- Votes 121
Originally posted by @Gaige Luther:
I’m a painter from Columbus Ohio looking for knowledge on a lot of things business , investing , real estate and just about anything that can help me grow and build long term wealth. I’m hardworking and very dedicated if you have anything to help even just some advice would be greatly appreciated thanks in advance 👍
Hey Gaige, I can steer the cart but you have to push - I'm local in Columbus! Do you have an idea where you want to end up in the future?
Post: First Investment Duplex in Columbus, OH
- Property Manager
- Columbus, OH
- Posts 66
- Votes 121
Originally posted by @Drew Cheezum:
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $250,000
Cash invested: $16,000
My first investment property is in a rapidly developing area in Columbus, OH. The neighborhood (Southern Orchards) is within walking distance of Nationwide Children's Hospital which has continued to build and expand within the area. With that, an influx of hospital workers wanting to live in the area has resulted in this neighborhood starting to gentrify.
What made you interested in investing in this type of deal?
I wanted to start building equity in a growing city like Columbus where the market is picking up. I know duplexes are great as they have cash flow opportunity and with this being off-market I had an edge when negotiating with the seller.
How did you find this deal and how did you negotiate it?
My partner Remington Lyman helped me find this deal.
How did you finance this deal?
I financed this using a conventional loan with only 3% down !
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Remington Lyman
Very cool @Drew Cheezum! Keep up the good work!
Post: Analysis Paralysis 2021
- Property Manager
- Columbus, OH
- Posts 66
- Votes 121
@Bill Kenshur, if you're investing in Columbus, the Reafco guys are the way to go. @Marc Rice runs an airBnB company. @Patrick Drury, @Remington Lyman, @Brandon Goldsmith, @Zeke Liston are agents that do a lot of cold calling to find off market deals for investors. They have great recommendations for everyone from home inspectors to insurance agents.
If you're just starting off and you are looking for one of your core four, look no further!
Post: Analysis Paralysis 2021
- Property Manager
- Columbus, OH
- Posts 66
- Votes 121
Hey @Bill Kenshur! I'm also from CA! Started investing out of state last year. I liked it so much that I actually left engineering to do real estate investing full time. Are you planning on self managing or hiring a property manager?