All Forum Posts by: Marc Rice

@Brooke Hallock

Buy a single family with a carriage house on the back. Live in the carriage and rent the main or vice versa.

@Roger Fisher

Great idea. The biggest issue you’ll run into is zoning and whether that city considers it a temporary structure or permanent structure. You’ll want to check with the local zoning and see what the process is. Could also network with someone who’s already doing that there and ask them the process.

@Tyrel Holman

You could seller finance it from him by putting a down payment down and paying him monthly principal and interest as if he was the bank.

@Patrick Volum

Columbus is still very competitive and growing. Covid initially caused a decrease in inventory which led to houses increasing more rapidly. There’s been some micro migrations away from the core of downtown due to the protests throughout the past 6 months but things are settling. It’s still a sellers market, especially for multifamily and most listings have multiple offers.

@Craig Cotton

Schlage Encode

@Patrick Volum

I’d recommend checking out the multifamily market in Columbus, OH to invest. Lots of 1% rule properties here and the appreciation is fantastic due to the job and population growth.

@Michael Widick

Most lenders do 6 months seasoning

@Saleh Sedighi

Look towards the Midwest for the best cap rates. Columbus, OH has some great numbers.

@Nick Gerli

I have a map of every neighborhood in Columbus that breaks down the grade (A to C-) of every neighborhood. Everyone has slightly different data but I’ve seen the C class and B-/C+ neighborhoods appreciate the highest percent due to the buying, rehabbing, and selling that has occurred. 43206, 43205, 43215, 43222, 43223 are some.

@Greg Ward

I used Hondros, I know people who used Davis. I’ve heard good things about both. I think Davis is cheaper by a bit.