All Forum Posts by: Remington Lyman

I’m looking for wholesalers in my local market in Ohio. I haven’t had luck finding distressed properties and am looking for a chance to find some. Does  anyone know of where to look to find wholesalers?

Other than Zillow, and Redfin. What websites or software will allow me to find better deals, off market deals, foreclosures, or anything that might be better.

I own a 12 unit property in Ohio purchased in December that I'm looking at refinancing. Anyone have good lenders with low seasoning requirements (6 months)? 

 Lived in Greenwich for 15 years.  That was a lot like Columbus... without the college. 

 Dude, I lived in Hermosa Beach, Redondo Beach, Adams Morgan, and MidTown Manhattan.  Do you have any idea how pedestrian, vanilla, and boring Columbus is?  
Not a fan.

Alec, my first advice would be to not show up at your rental property in Ohio in a Maserati with personalized plates, lol. 

Hi BiggerPockets community! I'm Oleg, a first-time real estate investor based in Parma Heights, OH. With 15 years of entrepreneurial experience (Forbes Next 250 Ukraine, ceiling heating innovation), I'm diving into buy-and-hold rentals for stable cash flow. I recently bought a 4-bedroom, spa-equipped home on Pearl Road for $142,000 at auction, targeting $3,000/month rent (ARV: $300,000). I've invested $25k in kitchen/bath upgrades and need $25k–$40k funding plus Cleveland contractors for rehab (Florida room, electrical for 1947 home). My goal is to build a cash-flowing portfolio and network with investors who share my vision. Real estate excites me for its wealth-building potential, inspired by my business background. What are your best tips for finding investor-friendly lenders in Ohio? Thanks for the warm welcome!Best,
Oleg

Hey team,

New to real estate investing.  I've had the bug for a while and have read a few books and tried to pencil out the occasional deal, but I'm looking to get more active now that I've gotten to the "some breathing room" point in my career.

Mostly looking to do long term rentals. Probably SFH or duplexes to start. Not entirely clear to me if I'd like to go full BRRR (don't know that the macro situation is good for that strategy right now), but something I could put a little rehab into so I can get immediately ahead on equity would probably be ideal. Wouldn't be opposed to flipping opportunistically if I happened to get lucky with a hot market/great offer, but plan A would be long term rentals.

Really looking to find a good way to get a first property under my belt and learn a lot without risking too much capital.

The wrinkle is that I live in Bay Area CA. Most houses and duplexes here do not seem to be priced to cash flow from my back of envelope math. Plus, prices are high enough that, while I could afford one, it would be a bigger swing than I'd want to take for my first one, allowing for rookie mistakes and etc. If it didn't go well, it would potentially hit me a lot harder than I'd like it to.

The alternative might be to look out of state, but I haven't really found any good advice about that. Seems like I'd be a little bit at the mercy of contractors/vendors/and potentially sketchy property management people, although I'm sure some people have made it work.

To anyone thinking about responding, I'm looking for:

-advice on that in state/out of state dilemna

-suggestions for how to spend the next 100 hours of learning

-and really any advice you might have!!  I'm an open book.

Cheers,

Chris

Edit: About me - I'm a longevity doctor (MD), very much health obsessed.  Relatively new to the Bay Area and very open to Bay Area connections whether actionable or not.

Hey BiggerPockets community!

My name is Roy, and I'm excited to introduce myself. I'm a rookie out-of-state real estate investor currently immersing myself in BiggerPockets videos, podcasts, and books. I'm also enrolled in a BRRRR-focused mentorship program to help get started.

I'm currently based out-of-state but am focused on investing in the Columbus, OH MSA market. My primary goal over the next three months is to acquire my first long-term single-family rental property there.

Longer-term, I aim to steadily grow my portfolio using strategies like BRRRR and potentially flips, with a focus on long-term rentals. My ultimate goal isn't necessarily vast wealth, but achieving financial freedom and security through real estate. Networking with experienced local investors, agents, property managers, and contractors in the Columbus area is also a key objective for me right now.

 I've received some cautionary feedback about investing there. For those of you familiar with the area, I'd appreciate your insights: What potential challenges or specific downsides should a new out-of-state investor be particularly aware of in the current Columbus market? I'm eager to understand any perspectives I might be missing.

Thanks for having me! I'm looking forward to learning from and connecting with you all.

We all could agree there is a lot of volatility, uncertainty in the market now and possibly in the next few months. And I understand we have no idea how the market would change in the next few weeks/months.

I am a new'ish RE investor and ideally would love to purchase a Duplex in the the next 1-2 months in Columbus (OH), however I am really confused.
Curious how are you all thinking about your real estate investment plans in the coming months? I know we cannot time the market but trying to get a pulse check with the folks here.

I feel either of the below may be an option. Feel free to add from your side.

1. 1. Business as usual? Keep investing the way you did before, since noone can time the market
2. 2. Business as usual, but with least risk? Keep investing however, lean strongly towards minimizing the risk you may want to take.
3. 3. Stop investing until the market stabilizes?