All Forum Posts by: Remington Lyman

I am considering an out-of-state multi-family home for cash flow purposes.  I am new to BP, and would love to tap into your experience and any tips.  I would prefer a home with minimal work needed in a solid market.  Based on some of the readings thus far, it seems that many folks are suggesting staying close to home.  I would prefer a landlord friendly state. Thanks in advance for your insight. 

Best regards,

Barbara Peluso

Based out of NY

Hello everyone, I'm new to the group. I have an 3b2b Airbnb in Inglewood CA and just purchased a SFH in Texas. Interested in finding my first multi unit 2-4 doors OOS. 🤗

Happy investing!

Hello. I am interested in getting into real estate investing . However I am in fear of buying a bad deal and losing all of my saving. I feel that I may need a mentor to guide me through my first few deal. Is there perhaps a real estate investing school that is available that I could attend to learn more about real estate investing? To learn more to find deals, and have more confidence in deal structure.

In search of multi family property opportunities

Hi great insights from all! 
wanted to see if anyone has contacts in Columbus ohio for a good Airbnb photographer. Need one asap!  
pl reply   
appreciate your time ! 

Looking to find a real estate agent in Columbus, OH who can help me find an Short Term rental. Must have knowledge of neighborhoods and STR regulations in Columbus.

Also interested in hunting down a solid short term property manager as well. 

Hi everyone!

I have been listening, reading, and taking in all the information BP has to offer and wanted to make my first forum post introducing myself and goal.

My friend/colleague and I have decided it is time to make the smart leap into real estate investing. We are both W2 workers and our primary goal is to build long term wealth through equity appreciation, while also ensuring the property is cash flow positive. We're looking for a single-family home that is either turnkey or requires very light to no renovations. We've been doing our research and have narrowed down our potential markets to the following:

* Kansas City MO

* Columbus Ohio

* Knoxville TN

* Indianapolis IN

* Northwest Arkansas 

We plan to use the BP Market Analyzer to deep dive but wanted to hear from the community. For anyone that has invested in these areas, what are some of the key things we should be looking out for? Any advice or insights would be appreciated!

Thank you,

-Matthew 

Hi everyone,

I’m based in Southern California and currently renting. I’ve been wanting to get into real estate investing, but I’m not sure where to start in a high-cost market like this. My goal is to build long-term wealth and hopefully move from renting to owning (and maybe investing in additional properties in the future).

For those of you who started out in a similar situation—especially here in SoCal—what would be your top advice? Should I be looking out of state for my first investment, focus on saving for a local property, or try something like house hacking?

Any insights, tips, or even lessons learned from your own journey would be super helpful.

Thanks in advance!

Am I looking for a needle in a haystack? We have a few free and clear rental properties we would like to take a HELOC on, but with their values all hovering around $100k we would like to form a blanket loan to maximize leverage. Is this possible? Are all rental HELOCS underwritten like Fannie/Freddie or are there DSCR options out there? Not looking to do a cash out refi as we don't want to pay on the money monthly until we find the perfect property. Thanks for any tips!

Good evening,

My name is Andrew, I’m 22 years old, and I wanted to take a moment to reintroduce myself to the community. I’m currently a university student with one year left, studying and working in the healthcare field. My military background has instilled in me a strong sense of discipline, motivation, and a willingness to learn—qualities I now channel into my pursuit of real estate investing.

I’ve been following BiggerPockets since I was about 17, dedicating the past several years to expanding my real estate knowledge through countless podcasts and several books, including Rich Dad Poor Dad, The Millionaire Real Estate Investor, Section 8 Bible, and Inc. Yourself. I’m always on the lookout for my next great read to further my education.

For years, I’ve been on the sidelines—watching others live the dream I aspire to—while learning the importance of networking, something I’m now making a more intentional effort to pursue. I’m eager to become more active in the investing and networking space, even though I’m not yet in a position to purchase a property on my own. I have been researching out-of-state investing markets like Columbus, Indianapolis, and Canton, but I still have much to learn about analyzing markets and these specific areas. I am interested in single-family or multi-family homes with a positive cash flow, but more importantly, I am looking to get my foot into the market and further my education by starting my investing journey. I will always have a lot to learn in this business, but I do believe my next step is my education is finally getting off the sidelines and learning firsthand.

Like many aspiring investors, my biggest hurdle has been saving for a down payment, despite living frugally. I have been able to save a good amount while in university for a down payment, but not a full 20% +CC down payment. I've also been exploring creative financing strategies, as I may not yet have the qualifying DTI ratio or two full years of stable employment history. Still, I'm determined to find a path forward, leveraging my growing knowledge, resourcefulness, and willingness to work hard to make my first deal happen and to work on connecting with like-minded people who may have once been in my position.