All Forum Posts by: Remington Lyman

Banks come out with these programs from time to time. You need to call all the local banks and ask if they have a CRA program that does this. If you were in Ohio I could help you but there should be the equivalent in CT.

1 Vote

Hartford, Connecticut

Managing Your Property

Post: Should I replace my property manager before host even lists?

Remington Lyman

#3 Out of State Investing ContributorPosted April 09, 2025 16:56

Real Estate Agent
Columbus, OH
Posts 5,615
Votes 6,612

I am slow to hire and quick to fire. I would definitely start interviewing other property management companies.

1 Vote

Atlanta, Georgia

General Landlording & Rental Properties

Post: Dealing with habitually late tenant

Remington Lyman

#3 Out of State Investing ContributorPosted April 09, 2025 16:54

Real Estate Agent
Columbus, OH
Posts 5,615
Votes 6,612

If they are keeping the unit clean I would keep them. Late fees buy my food every month.

2 Votes

Wilkes Barre Scranton, Pennsylvania

Buying & Selling Real Estate

Post: Hi Im an investor asking for some advice

Remington Lyman

#3 Out of State Investing ContributorPosted April 09, 2025 16:50

Real Estate Agent
Columbus, OH
Posts 5,615
Votes 6,612

You should do a local flip if possible. Isn't Louisiana affordable?

1 Vote

Baton Rouge, Louisiana

Out of State Investing

Post: COLUMBUS Ohio Economy CRASHES. Area agents turn to Uber Driving.

Remington Lyman

#3 Out of State Investing ContributorPosted April 09, 2025 16:48

Real Estate Agent
Columbus, OH
Posts 5,615
Votes 6,612

@Michael P. Meta already has a data center here. My ULI mentor does this more cities other than Columbus will start to see developments like this. Ohio government was focused on Columbus for a while. Now that Columbus has the momentum he things the government will start to focus on other areas.

2 Votes

Columbus, Ohio

Out of State Investing

Post: COLUMBUS Ohio Economy CRASHES. Area agents turn to Uber Driving.

Remington Lyman

#3 Out of State Investing ContributorPosted April 09, 2025 15:45

Real Estate Agent
Columbus, OH
Posts 5,615
Votes 6,612

Quote from @Michael P.:

On Monday, Microsoft said it would no longer move forward with its plans to build data centers in Licking County. The company had planned to invest $1 billion initially toward three data center campuses in New Albany, Heath and Hebron.

______________________________________

COLUMBUS, Ohio (WCMH) — After Intel announced construction on the Ohio One plant will be delayed again, Ohioans are asking if the project will make good on its promises. NBC4 spoke with an expert who believes Ohio One will fall short of its initial expectations.

Everyone is going to move to Toledo now and make insulation at Owens Corning

5 Votes

Columbus, Ohio

Wholesaling

Post: Zoom/ meeting set up for connections

Remington Lyman

#3 Out of State Investing ContributorPosted April 09, 2025 08:51

Real Estate Agent
Columbus, OH
Posts 5,615
Votes 6,612

Quote from @Alex Ross:

Hey all, I am writing this post for anyone who would be interested in setting up a time/location/zoom meeting for people to come together and cooperate on projects, questions, or anything they may need to, am open to ideas, feel free to reach out.

I would be interested in this

0 Votes

Columbus, Ohio

Multi-Family and Apartment Investing

Post: Down Payment Partners

Remington Lyman

#3 Out of State Investing ContributorPosted April 09, 2025 07:39

Real Estate Agent
Columbus, OH
Posts 5,615
Votes 6,612

Quote from @Gladimir Lobo:

If you are young and you are broke. There's only one reason for that. You are selfish! Find someone who is successful and add value for them and I guarantee you'll have no problem getting the money you need to do a deal.

Solid advice!

1 Vote

Cleveland, Ohio

Out of State Investing

Post: Anyone investing from Canada?

Remington Lyman

#3 Out of State Investing ContributorPosted April 09, 2025 06:59

Real Estate Agent
Columbus, OH
Posts 5,615
Votes 6,612

Quote from @Mirza Razin Alam:

Hello BP community!

I've been diving into research lately on getting into the U.S. real estate market, with a particular interest in BRRRR strategies—especially in more affordable areas like Ohio (seems to be a lot of buzz there).

I'm still fairly early in the journey: I've purchased a turnkey property here in Canada before, but haven't done any BRRRRs yet. Honestly, the Canadian market feels a bit too restrictive and cash-heavy to make BRRRR viable, which is why I'm exploring options south of the border.

I'd love to connect with anyone who's done BRRRRs in the U.S. as a Canadian. Curious to hear your experience setting up an LLC and staying on the right side of taxes, how you've handled project financing with reasonable down payments and cash-out refi exit options, and what it's been like working with contractors and property managers from afar.

Also, if you've got any advice on mistakes to avoid early on, I'm all ears. And I'm open to chatting about the idea of going the JV route to get a feel for the process before going all in.

Any insights or stories you’re open to sharing would be really appreciated. Thanks in advance!

Begin by searching for a lender experienced in providing loans to Canadians. They can guide you with the necessary steps and best practices to initiate the process. If you're interested, I can refer you to a lender who has successfully handled this before.

2 Votes

Toronto, Ontario

Classifieds

Post: Five Compelling Reasons To Invest In Real Estate Today

Remington Lyman

#3 Out of State Investing ContributorPosted April 08, 2025 14:49

Real Estate Agent
Columbus, OH
Posts 5,615
Votes 6,612

💼 Thinking about building long-term wealth?

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1 Vote

Columbus, Ohio

Remington Lyman has started 29 posts and replied 5317 times.

Rounded Star Post: Repeat Homebuyer Porgrams

Rounded Star Post: Should I replace my property manager before host even lists?

Rounded Star Post: Dealing with habitually late tenant

Rounded Star Post: Hi Im an investor asking for some advice

Rounded Star Post: COLUMBUS Ohio Economy CRASHES. Area agents turn to Uber Driving.

Rounded Star Post: COLUMBUS Ohio Economy CRASHES. Area agents turn to Uber Driving.

Rounded Star Post: Zoom/ meeting set up for connections

Rounded Star Post: Down Payment Partners

Rounded Star Post: Anyone investing from Canada?

Rounded Star Post: Five Compelling Reasons To Invest In Real Estate Today

Post: Repeat Homebuyer Porgrams

Post: Should I replace my property manager before host even lists?

Post: Dealing with habitually late tenant

Post: Hi Im an investor asking for some advice

Post: COLUMBUS Ohio Economy CRASHES. Area agents turn to Uber Driving.

Post: COLUMBUS Ohio Economy CRASHES. Area agents turn to Uber Driving.

Post: Zoom/ meeting set up for connections

Post: Down Payment Partners

Post: Anyone investing from Canada?

Post: Five Compelling Reasons To Invest In Real Estate Today