All Forum Posts by: Patrick Drury

@Smirth Vijay   

Yeah, if you don't work in real estate as an agent or know anybody that currently invests in the market you will be in I recommend rentometer

@Erica Das 

Hi Erica, I am an investor-friendly agent that lives and invests in Columbus OH which is an amazing market for out-of-state investing. The reason the Columbus market is on fire currently is because of population growth and the job opportunities we are seeing in Columbus. Just to name a few there is OSU college which is a real estate super power that develops land and buildings at a crazy pace, L Brands (Victoria Secret and Bath and Body Works), and Battelle a well-known large government research facility. 

@Smirth Vijay

If you put the city, you are a from it will be a lot easier to get in touch with people in your area to learn about your market. I am 19 years old and bought my first rental at the beginning of this year. I would definitely recommend investing in real estate at a young age over college. College is a waste of time. The best advice I have is just getting a high school job and work yourself till the wheels fall off. At 17 yrs old you don't really have any expenses so take advantage of it and work as much as possible and save up all that money and buy duplex low money down and house hack it live on one side and rent the other. Living for free basically and so you can save up more money and do it again Rinse and repeat. BRRRR strategy is good. Buy-Rehab-Rent-Refinance-Repeat.

@Chris C. 

Cleveland is a good market and so is Columbus lucky to be living in the right place. I definitely recommend you download the meet-up app if you are having trouble connecting with other investors, it will show you all the meetups in your area so you can go meet other investors in person. Also, as already stated, follow the forum for the city you are looking to invest in and you will meet people that way. Lastly, would be joining active investor Facebook groups in your area. 

@Jacob D Adamczak  

Gotcha

@Jacob D Adamczak 

I recommend you just cold-call yourself self it sucks, no one likes it, and it's uncomfortable. The reason I recommend that is they might be trained and operate a different way from how you want them to call maybe different scripts could be tonality etc. Also, what's stopping them from stealing your deal (could just be me a little paranoid). You don't form that connection and set yourself apart to make them want to sell you miss out on that. After the person you're paying calls them, they then pass them off to you it would probably feel transactional on their end it doesn't matter if it is, you don't want them to feel that way. Lastly, most of those people, you can pay to call for you are not in the US so when someone else hears a foreign voice they instantly hang up or think it's a scam for the most part not going to say it doesn't work because it does, but I think doing it yourself has a higher success rate.

@Isaac Gwin 

Yes, young people like you have a chance. I'm 19 years old and bought my first rental this past year in Columbus OH by myself my parents are not on the loan and quite frankly didn't help me at ALL. Anyway, doesn't matter what some people think the markets going to do or not do. It also might not make sense for you to invest where you live in some cases and you might want to consider looking to invest out of state. Columbus OH is a perfect example of that lots of people have been moving towards investing out-of-state in Columbus because of the population growth and job opportunities.

@Cheza M. 

Definitely hard to say rates change every day and week as mentioned above, but I think you might be able to do a little better. Columbus is definitely a great place to be looking to invest out of state with the population growth and job opportunities here. I just bought a SFH here in Columbus at the beginning of this year with a great loan product 15% down 30 year fixed 0 points at 3.75% interest. That was 6 months ago, and it was me something that works for one person might not work for another.

@Jessica Piff 

If you need help with OOS investing, you should reach out to @Remington Lyman he's a really good agent that works with lots of OOS investors and in the best markets in Ohio, which are Cleveland and Columbus. 

@Corey Frank 

Cleveland is a good market to get into because it's an undeveloped version of Columbus that kinda sucks now but will eventually be worth it. No matter what Columbus still takes the cake when talking about Ohio no way around it the population growth, job opportunities and, and rise in prices are astronomical in Columbus compared to Cleveland.