All Forum Posts by: Sam McCormack

If you could invest in any market across the country, where would it be and why? I’m always curious about the factors that make people decide on specific markets.

Looking for an experienced broker/agent in Cincinnati who specializes in multi-family properties. I’m selling a 4-unit and need someone with a strong track record in this market. Any recommendations?

Hey all! Sorry this isn't a detailed post, but I'm looking for a recommendation for a rockstar lender in Cincinnati. I currently own a few properties in the Southeast, but I'm looking to buy my first property in Cincinnati. I'm interested in 1–4 unit properties under $500K. I can put down a large down payment and am looking for a Conventional or DSCR loan.

Hey everyone,

I’m a realtor (I don't service buyers - I'm not here to pitch) and small biz owner (senior home health agency) in Columbus with excellent skills and fearlesness in cold calling and prospecting (tens of thousands of calls, probably more). I have all 5 star reviews in my biz and am extremely detail oriented and precise.   

To be frank I've been grinding for a long time, but not building wealth and legacy for my family. I've always wanted to get into the asset and growth game, but don't know where to start. 

I'm looking to grow my network with other like-minded investors and hard workers who are focused on building both character and wealth.

While I enjoy the hustle of real estate sales, my true goal is building a legacy for my family and helping others do the same. 

Win-win is the goal! I want to help you grow your biz so I can learn  

If you’re interested in sharing wisdom, exploring opportunities, or just connecting over growth and strategy, feel free to reach out. I’d love to learn from you and see how we can support each other’s success.

Looking forward to connecting!

Paul Graves

I am not new to buying primary residences, but am to investments and secondary properties.

I’m looking in the Middletown/dayton burbs at places now, but I live on the east coast.  We have family there and visit often.

our realtor is only using active listings as comps. I’ve told her I’ve never heard of a buyers agent solely relying on active listings to gauge value for an offer.  A mix of sold/pending/active? Sure, ok. But three active listings and NONE were real comps? What?

Looking at a listed two bed but it’s only one bed (barely- the only legal bedroom is 12x7) legally bungalow.  Other room they call a bedroom is 63 sqft and unusable as a habitable bedroom due to layout and below 70 sqft. Priced at 100k, on market 58 days.  Not completely updated. No appliances.  Systems unknown age. Yard needs TLC. Looks to have some fascia board rot that’ll need to be addressed.

Sold comps within 45 days in this area tell me similar 2 beds sold between 70 and 85k. ALL sold for under list- one was listed at 139,900 and sold for 98.  None were less than 5k under list when sold. 

the market is trending upwards looking at pending sales but we don’t know what they are under contract for, which is problematic given what we know about the closed properties in Jan and Feb.

 My Realtor seems to think the price is justified by sending me three homes active listings as “comps”- one in another town 220 sqft bigger), one legitimate 3 bedroom with a half acre of land and a garage (vs 0.1 acres no garage and no off street parking), and one (have to chuckle) a brand new home essentially- completely 100% renovated inside and out, 150 sqft bigger all new systems. 

There are a minimum of 20 real comps. I sent her 8 within 45 days. I’m told I “don’t understand their market and houses are holding value here”

Am I missing something?

Hey BP community,

My partner and I have raised $25K in total capital for a down payment and are looking for an income-producing multifamily unit (duplex/triplex). We’d like to put 20-25% down, which means we are targeting properties in the $100K-$125K range. Our goal is to find a property in a stable, tenant-friendly market with minimal renovations needed, preferably one that already has tenants in place.

We are aiming for a cap rate of 8-10% and want to invest in an area where tenants are reliable, and the neighborhood is safe. We have been researching Binghamton, NY, but we have been noticing that it has an older tenant base and isn't experiencing much growth.

Does anyone have recommendations for markets that fit these criteria? Ideally, we're looking for:

-Affordable multifamily units (~$100K-$125K)

- Decent cap rates (8-10%)

- Stable rental demand with reliable tenants

- A safe neighborhood

- Limited renovations required

Any insights on secondary or tertiary markets that have these qualities? Would love to hear from anyone with experience investing in similar deals. Thanks in advance for your advice!

I am a pharmacist with a family and a very expensive horse hobby.  My husband and I started investing in rental properties 10 years ago.  I started learning more about real estate through bigger pockets.   We are looking to scale our portfolio.  We also like connecting with like-minded individuals.  

Hi, I am new to real estate investment. Should i buy multifamily , SFH, Townhouse. Which locations, towns are good for Investing in Real Estate. I am around 45 years old and good amount of savings in cash. I work 9-5 job. I am based in New jersey. How much should i invest to get good cash flow. I plan to buy multiple properties out of state. I am looking for cash flow. Kindly advise

I have a property in Dayton Ohio, that i have been having issue with. I bought the property late 2022 and i have hired a property management company for it. I have gotten more than 4 citations from city inspector of "Trash outside, or beside the house". Every time I tell the management company, she gives me excuses like, A tenant just moved out, they just cut the grass, its not true etc... I just got another citation and I called the city inspector about it. He confirmed that There is always Trash around d house every time he passed by. when i informed the management company, she give the same b/S ITS NOT TRUE. I tried to call her several times she didn't pick. I told her to call me, she hasn't for 3 days now. she is just texting on WhatsApp. On Monday i gave her the city inspectors no, to call him and clear this up. today she said she has been calling, he doesn't answer and she leave VM.  I told her to go to the property and send me pictures. she sent some (am not even sure there are actually from today) 1 of the pics had trash on the floor beside the trash can. and she says its ok bcos today is there garbage day. I said its still not ok. Am tired of arguing with her, and getting this citations.  What will you guys do here. How will you handle this. 

I'm new to investing and wanted to get some advice/perspective on 2 things...

1. For someone new to real estate investing that wants to do long term rentals, do you recommend starting off in an area close to them/an area they're familiar with or someplace that will give them the best return even if it's out of state. 

2. Since this would be my first long term rental property do you recommend starting with a property manager from the beginning or managing the property myself.

I understand that there are pros and cons to all of these scenarios, I'm just looking for various insights. Thank you!