All Forum Posts by: Remington Lyman

Sorry to hear that! My buddy had a pipe burst while he was skiing this winter. It ruined his newly renovated kitchen. The insurance covered it and paid him for the money he would have made renting out the unit. You should see what the going rate is to rent out a garage in your area and claim a loss in income for the time it is under renovation.

@Pope Lake I have all of my tenants pay for gas and electric. I pay for the water but I am looking into getting each unit submetered so I can charge them back

@Will Fraser Let's connect so I can understand what you consider "no brainers"

@Ashley Willis I am a Realtor in the Columbus area. I can set you up with a search for those areas in that price point.

@Ashley Willis If you are willing go to Linden or Hilltop then you can definitely work within your price range. I have seen some cheap duplexes in those areas. The issue is getting a PM to work with you. Heart and Home do a good job with D class properties.

@Pope Lake The Columbus market is great right now. There are a lot of small multifamily properties that have a lot of value add opportunities. You just need to check them out personally or have your Realtor do it. I bought my first duplex as 2x 3bed/1 bath and transformed it into something I can market as 5 bed/2 bath and 4 bed/1 bath. There are also a lot of quads that you can get the 1% rule right away.

Hey @Warren Price. I would suggest going to some local REI groups here in Columbus. There are a lot of knowledgeable people that do exactly what you are trying to learn. I would try to meet with as many people as possible to see if this is something you want to do. It is a lot of work and can take years before you find your first deal. Another way to speed up this process is to work for a mentor for the experience. They may give you their script and some time to coach you. The more value you add to them the more they will show you and coach you.

@Bobby English I responded to your last post about this and sent you a connection request.

I have a great real estate lawyer based in Columbus, Ohio that you can talk to.

@Mark Sandvig You should consider Columbus, Ohio. We have positive population growth and solid industries (Government, Education, Healthcare, and Finance).