All Forum Posts by: Marc Rice

I know this is a common question but wanted to hear specifically from investors or realtors that are seeing MLS cash flow for 2-4 unit properties. I've only invested in STRs and was looking to get into small multi-family but haven't seen anything that made sense in any of the markets I invest in so was curious where people were seeing good opportunities.

New investor here trying to stay in my local market (Dayton, OH).

Since I've started looking for my first deal I've come across a few section 8 properties that seem to pencil, but I'm a bit loath to jump into that kind of deal.

For those who have or had section 8 investments (especially in my market) how would you describe your experience?

Would you recommend section 8 for a newbie investor? Why/Why not?

Thank you!

Hello! Does anyone know of a dscr lender that will allow for seasoned money for a down payment and a really good property manager in Ohio specifically in Columbus, Cin, and Cleveland?  My goal this year is to go from analysis paralysis to taking action. So any information will be very much appreciated.  Thank you! 

Hi,

For those of you using full-service PMs for STR properties in different states /far from where you live, what rates are you typically being charged ?

Kwanza

Hello fellow rookies!

Current situation I have a primary residence in MA and a SFH home LTR in Akron currently on a 1 year lease.

My question is… do I look in the same area Akron for my next deal? Either SFH or small multi? I could move over to Cleveland to use the same property management for a similar deal? I'm comfortable with these areas for now. Low entry and breakeven deals +- some cashflow. I'm in it for the long haul.

What would yall do? Open to suggestions.

Little about me I have a relatively higher paying public service job. My buy box is turnkey sfh 3/1 or small multi newer major utilities and roof. Purchase price max 120k$

Looking to purchase in the next 6-12 months

TIA

Hey everyone! Nice to meet you (electronically).

Currently renting a single-family home in a very expensive coastal Southern California city. Not able to buy in this area without going house poor. Not able to move (at least for a while) due to my job.

Looking to use savings that would’ve been for a primary residence down payment to invest in rental property out of state.

Would love to make connections, hear thoughts on good markets to look into, strategies to maximize return, etc. 

Happy to answer any questions and excited to chat with you all!

Hey everyone, my name is Danish. I'm new to the forum and new to this platform. I've known about this platform for a while, but I have decided to take a step and join to connect with people. I have been an investor in private and public companies for years, and I have decided to take a leap of faith and get into real estate. I'm based in Seattle, and I am really, really interested in the Cleveland, Ohio market. I would love to learn more from the people in this forum specifically.

In the meantime, I would love to develop a team as I'm already looking at a couple of properties, and hopefully, I can get started at the beginning of 2025, buying up a few properties. So again, I would love to connect and build a team of real estate agents, general contractors, inspectors, and property managers specializing in Section 8. As a matter of fact, if everyone on my team has knowledge about Section 8, that would be ideal.

So, yeah, I would love to connect with people, learn more about the Cleveland market, and hopefully, start applying the strategy as soon as possible. I have been fascinated by the BRRRR strategy, and hopefully, it will work well in Cleveland. So, yeah, I would love to connect to discuss real estate, learn from you all, and hopefully, if you are interested in investing in private or public equity, feel free to connect with me as well. If you are a real estate agent, general contractor, home inspector, or property manager, feel free to reach out to me as well