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All Forum Posts by: Najma Osman

Najma Osman has started 0 posts and replied 161 times.

Post: Newbie with high income - Invest local or long distance?

Najma OsmanPosted
  • Real Estate Agent
  • Columbus, OH
  • Posts 161
  • Votes 217

Hi @Sean Haran

I think you're in a great position to start investing in real estate. I would have to agree with the other posts that you should look into other markets. If you're not investing locally, you might as well consider other cities that have strong economic fundamentals, such as job growth, population growth, and low unemployment rates. This can help ensure that there is a demand for rental properties in the area.

It does not matter where you start as long as you develop your Core 4. The core 4 is David Greene’s long-distance investing strategy and consists of a realtor, contractor, property manager, and lender. Once you have this team in place, you should be able to invest in any market confidently.

I recommend looking into Columbus, Ohio. Affordable price points and major developments coming to the area so great potential for appreciation. - I hope this helps! 

    Post: The cost of not buying.. the cost no one wants to admit

    Najma OsmanPosted
    • Real Estate Agent
    • Columbus, OH
    • Posts 161
    • Votes 217

    @Stephen Rinaldi great post, this is also true for my local market in Columbus, Ohio. If there are deals that still work with these rates, it's better to buy today and refinance later on. 

    Post: Down payment of 160k or 0 down and invest the 160k?

    Najma OsmanPosted
    • Real Estate Agent
    • Columbus, OH
    • Posts 161
    • Votes 217
    Quote from @John Morgan:

    @Donny Frusciante

    If you want to build some serious wealth, I'd take that 160k and buy as many cash flowing SFH below the median price with 20% down as you can. You will generate a ton of cash flow and RE appreciates 5%/year historically. But you reap the rewards with 100% of that appreciation with only 20% down. Not to mention your tenants are paying off your mortgages and the gains are all tax free due to write offs. You'll be set in 5-10 years. Good luck!


    I would have to agree here but keep in mind these are not completely passive investments!! However, it is a great way to build equity and wealth for generations or retirement. If you do not have affordable SFH in your market, consider investing out of state. I invest locally in Columbus Ohio and we have a great hybrid market of cashflow and appreciation.

    Post: Seeking advice to buy my first rental property OOS

    Najma OsmanPosted
    • Real Estate Agent
    • Columbus, OH
    • Posts 161
    • Votes 217

    Hi @Ritesh Balmiki Panda

    Congrats on starting to grow your portfolio out of state! I think this is awesome, it forces you to really be an investor instead of landlord. When considering OOS investing, look for markets with strong economic fundamentals, such as job growth, population growth, and low unemployment rates. This can help ensure that there is a demand for rental properties in the area.

    One state you might want to consider is Ohio, which boasts thriving cities like Columbus, Cincinnati, and Cleveland. I personally focus my investments in Columbus, which has seen a significant increase in property values and is expected to continue this trend in the future. This is due in large part to major corporations like Intel, Honda, Nationwide Children's Hospital, and Wexner Medical Center investing heavily in the region and creating numerous job opportunities.

      Hi @Ryan Blankenship

      Great discussion. As a local investor and agent, I think it is a great time to be buying long term rentals. With intel and the other developments coming to the city, I do not expect price points to stay so low in the next few years.

      Post: Buying Investment Property in Ohio

      Najma OsmanPosted
      • Real Estate Agent
      • Columbus, OH
      • Posts 161
      • Votes 217

      Hi @Ray Ravjani, I think Ohio is a great place right now for investing in real estate. I would have to agree with the other posts that New Albany is not investor friendly. Columbus is your best bet, it has seen great appreciation with many new jobs being created from large expansions by companies such as Intel, Honda, Amazon, Nationwide Children's Hospital and Wexner Medical Center. It is also home to Ohio State which has 60,000+ students. Cleveland is another great option here as it is consistently known as a top market for cash flow with opportunities to get in at a low PP.

        Post: OOS Investor looking for a team(Core4)

        Najma OsmanPosted
        • Real Estate Agent
        • Columbus, OH
        • Posts 161
        • Votes 217

        Hi @Mragank Yadav,  

        Welcome to bigger pockets! Columbus is definitely a great market to invest in right now with many developments coming soon. Major corporations like Intel, Honda, Nationwide Children's Hospital, and Wexner Medical Center are investing heavily in the region and creating numerous job opportunities. As a local investor, I look forward to connecting!

        Post: First time buying a rental property for investment dilemma

        Najma OsmanPosted
        • Real Estate Agent
        • Columbus, OH
        • Posts 161
        • Votes 217

        Hi @Jenny Kao

        For a first investment, I always recommend buying in your local market, but that may not always be an option. If the numbers are not working in AZ or CO, I would also recommend looking out of state. I personally focus my investments in Columbus, Ohio. You can find a turnkey, cash-flowing single-family in the 100K's. Not to mention, the city is expected to see great appreciation with many developments coming soon and creating jobs. Intel alone is spending billions on a new branch creating over 7K construction jobs and 3K long-term jobs! 

        Post: New Out of state Investing what location is best??

        Najma OsmanPosted
        • Real Estate Agent
        • Columbus, OH
        • Posts 161
        • Votes 217

        Hi @Lisa Talbot

        It depends on what you're goals are. Are you looking for more cashflow or long term appreciation? Like many of the investors here, I also invest in Columbus, Ohio. I think we have a great market for both cashflow and appreciation with many jobs and developments coming to the city. 

        Post: Looking for a Mentor/Friend who invests long distance

        Najma OsmanPosted
        • Real Estate Agent
        • Columbus, OH
        • Posts 161
        • Votes 217

        Hey @Isabella Rolon

        I invest locally in Columbus, Ohio but I work with many out-of-state buyers. Sound's like you've got great goals, I look forward to connecting!