All Forum Posts by: Rita Samaddar
Rita Samaddar has started 9 posts and replied 15 times.
Post: What neighborhoods in Atlanta, GA are good for Fix and Flip?
- Flipper/Rehabber
- Cincinnati, OH
- Posts 17
- Votes 23
Hello,
Looking to connect with Realtors, investors in and around Atlanta and Suburbs to understand neighborhoods that would be good for fix and flip.
Post: What neighborhoods in Atlanta, GA are good for Fix and Flip?
- Flipper/Rehabber
- Cincinnati, OH
- Posts 17
- Votes 23
Hello everyone,
I'm a new investor looking for my first property to flip. What neighborhoods/Zip Codes in Atlanta, GA or within 30 minutes from the City are good for Fix and Flip?
Thank you for your time. I appreciate it.
Post: Looking to connect with Wholesalers and investor-friendly realtors in Columbus
- Flipper/Rehabber
- Cincinnati, OH
- Posts 17
- Votes 23
Hello BP Fam, I am looking to connect with Wholesalers and investor-friendly realtors in Columbus to find off-market deals good for fix and flip.
Please message me if you have leads. Thank you for your time. I appreciate it.
Best,
Rita
Post: Looking for reliable and experienced GC in Cincinnati, OH
- Flipper/Rehabber
- Cincinnati, OH
- Posts 17
- Votes 23
Good Morning. Hello, would anyone be able to recommend some reliable and experienced GCs in Cincinnati, Ohio?
Thank you in advance.
Thanks,
Rita
Post: Do I hire a property manager to run the renovation while I am out of state?
- Flipper/Rehabber
- Cincinnati, OH
- Posts 17
- Votes 23
Hello, This is my first out-of-state deal and I'm a little nervous. Would you recommend hiring a property manager to oversee the rehab? What are the pros and cons?
Have you had experience with similar projects and hiring a property manager? If not, what other options do I have? Any suggestions are appreciated.
Thank you for your time.
Regards,
Rita
Post: Is Pueblo a good location for building RE portfolio and cashflow?
- Flipper/Rehabber
- Cincinnati, OH
- Posts 17
- Votes 23
Quote from @Tanner Pile:
Quote from @Jordan Malara:
@Rita Samaddar If you're looking in Pueblo I would suggest Pueblo West (81007 - as you mentioned) or the north side of Pueblo (81001, 81008, or 81003). The further south you go, the worse it gets.
Overall, Pueblo is a decent investment market. The quality of tenants will be lower than what you will find here in the Springs, but acquisition prices are a bit better. I also think you will see greater appreciation in the Springs compared to Pueblo, but I am encouraged by how the City of Pueblo is doing what they can to revitalize the town. Hopefully that is a good sign for future growth.
One other key factor I'll highlight to make sure you are aware of is the new Fannie Mae/Freddie Mac regulations that went into effect in March 2023 regarding refinance timeframes. Essentially, most homeowners must now wait 12 months to refinance, whereas previously it was only 6 months. There are exceptions to this of course, but definitely something to look into as it could affect your BRRRR timeframe and plan.
Hope that helps and feel free to reach out if you have other questions!
@Rita Samaddar @Jordan Malara gave some great insight! I lived in Pueblo for 4 years attending the College ,CSU-Pueblo. Pueblo West, North section above interstate 50, and just south of the CSU-Pueblo Campus are areas I would be okay investing in. The type of tenant is something to consider if it is worth your time for buy and holds.
Post: Is Pueblo a good location for building RE portfolio and cashflow?
- Flipper/Rehabber
- Cincinnati, OH
- Posts 17
- Votes 23
Quote from @Ben Einspahr:
Hi @Rita Samaddar, out of all the markets we work in, Pueblo is still one of the few where we are still seeing successful BRRRRs. One of our clients is wrapping up a 4-plex BRRRR. Very cool.
The locations you and Jordan mention were spot on. I'll follow up with a few other case studies and resources (hard money lenders, agents, etc) we have that you will find interest in.
Post: Is Pueblo a good location for building RE portfolio and cashflow?
- Flipper/Rehabber
- Cincinnati, OH
- Posts 17
- Votes 23
Quote from @Lawrence Potts:
Quote from @Rita Samaddar:
Hello Everyone, We live in Colorado Springs (House Hacking) and looking to do our 1st BRRRR in Pueblo. Is Pueblo a good location for cash flow and future appreciation?
Our research says Mesa Junction, Aberdeen, Northside, Belmont, and Pueblo West are good locations.
1> Are there any specific zip codes that you guys suggest?
2> Please feel free to suggest any good realtor, hard or private money lender, contractors, and property management companies that you are aware of.
We are new to this so any advice is welcome. Thank you for your time and suggestions.
Thanks,
Rita & Abhi
@Ryan Thomson might have some better insights on this!
Post: Is Pueblo a good location for building RE portfolio and cashflow?
- Flipper/Rehabber
- Cincinnati, OH
- Posts 17
- Votes 23
Hello Everyone, We live in Colorado Springs (House Hacking) and looking to do our 1st BRRRR in Pueblo. Is Pueblo a good location for cash flow and future appreciation?
Our research says Mesa Junction, Aberdeen, Northside, Belmont, and Pueblo West are good locations.
1> Are there any specific zip codes that you guys suggest?
2> Please feel free to suggest any good realtor, hard or private money lender, contractors, and property management companies that you are aware of.
We are new to this so any advice is welcome. Thank you for your time and suggestions.
Thanks,
Rita & Abhi
Post: Review of Open Spaces Women Portfolio Program - 3 mnth Cohort Prg
- Flipper/Rehabber
- Cincinnati, OH
- Posts 17
- Votes 23
Hello Melisa! No, we did not join her course. We were not satisfied with what they were providing for $8000. All of those pieces of information are available on the internet and in books. We are self learning and soon will be doing our 1st BRRRR.
Thank you,
Rita