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All Forum Posts by: Samuel Diouf

Samuel Diouf has started 1 posts and replied 1231 times.

Post: New Member Intro

Samuel Diouf
#4 Out of State Investing Contributor
Posted
  • Real Estate Agent
  • Columbus & Cleveland, OH
  • Posts 1,265
  • Votes 1,564

Welcome to Bigger Pockets Gonzalo!

It helps to network with as many people in the industry as you can. A great way to start is by attending RE events and joining a local investors association. You can usually find some events by doing a simple google search.

Post: New Investor Focused - Looking to Learn, Connect, and Bring Value

Samuel Diouf
#4 Out of State Investing Contributor
Posted
  • Real Estate Agent
  • Columbus & Cleveland, OH
  • Posts 1,265
  • Votes 1,564

Welcome to Bigger Pockets Jeffrey!

BP is a great place to learn and connect with investors.

Post: Newbie Looking for Help

Samuel Diouf
#4 Out of State Investing Contributor
Posted
  • Real Estate Agent
  • Columbus & Cleveland, OH
  • Posts 1,265
  • Votes 1,564

Welcome to Bigger Pockets Marisa!

Bigger Pockets is a great place to learn and connect with fellow investors.

If you’re looking to invest long distance, I definitely recommend building your core-4 team. This team consists of an Investor Focused Agent, Lender, Contractor, and PM.

Read this article on the "core 4". It explains the team that you should develop to have a strong foundation under you while investing remotely.

https://www.biggerpockets.com/blog/core-four-real-estate-team

Post: New to RE, learning all I can, Bay Area based

Samuel Diouf
#4 Out of State Investing Contributor
Posted
  • Real Estate Agent
  • Columbus & Cleveland, OH
  • Posts 1,265
  • Votes 1,564

Welcome to Bigger Pockets Chris!

Bigger Pockets is a great place to learn and connect with fellow investors.

If you’re looking to invest long distance, I definitely recommend building your core-4 team. This team consists of an Investor Focused Agent, Lender, Contractor, and PM.

Read this article on the "core 4". It explains the team that you should develop to have a strong foundation under you while investing remotely.

https://www.biggerpockets.com/blog/core-four-real-estate-team

Post: Looking for out of state investing

Samuel Diouf
#4 Out of State Investing Contributor
Posted
  • Real Estate Agent
  • Columbus & Cleveland, OH
  • Posts 1,265
  • Votes 1,564

Hey Chaim, I would first decide on whether you want appreciation, cashflow, or a mix of both. If you want cashflow.. look for markets with low entry prices and higher rent averages. If you want appreciation, identify markets with expanding industries and positive growth signals.

Post: Dipping toe in this business

Samuel Diouf
#4 Out of State Investing Contributor
Posted
  • Real Estate Agent
  • Columbus & Cleveland, OH
  • Posts 1,265
  • Votes 1,564

Doing BRRRRs out of state definitely adds another level of difficulty, but it can be done very successfully.

You'll want to work with a good agent so you can gain the right understanding of the market you're in and pull accurate comps while also getting access to exclusive deals and pull the comps. Then you'll need to find a high-quality contractor who can ensure your rehab is done properly.

I recommend doing BRRRRs in cities that have some sort of mix between appreciation and cash-flow!

Post: New Member Introduction

Samuel Diouf
#4 Out of State Investing Contributor
Posted
  • Real Estate Agent
  • Columbus & Cleveland, OH
  • Posts 1,265
  • Votes 1,564

Welcome to Bigger Pockets Ethan!

Bigger Pockets is a great place to learn and connect with fellow investors.

If you’re looking to invest long distance, I definitely recommend building your core-4 team. This team consists of an Investor Focused Agent, Lender, Contractor, and PM.

Read this article on the "core 4". It explains the team that you should develop to have a strong foundation under you while investing remotely.

https://www.biggerpockets.com/blog/core-four-real-estate-team

Post: Bigger Down Bigger Gain?

Samuel Diouf
#4 Out of State Investing Contributor
Posted
  • Real Estate Agent
  • Columbus & Cleveland, OH
  • Posts 1,265
  • Votes 1,564

Hey Tom, I would start with buying one property that's in a good neighborhood that won't have any expected up-coming big-ticket expenses. Properties like this will be the most passive and least stressful to own. 

Post: New to BiggerPockets - Hello

Samuel Diouf
#4 Out of State Investing Contributor
Posted
  • Real Estate Agent
  • Columbus & Cleveland, OH
  • Posts 1,265
  • Votes 1,564

Welcome to Bigger Pockets Daniel!

It helps to network with as many people in the industry as you can. A great way to start is by attending RE events and joining a local investors association. You can usually find some events by doing a simple google search.

Post: Learning about Live-in Flips

Samuel Diouf
#4 Out of State Investing Contributor
Posted
  • Real Estate Agent
  • Columbus & Cleveland, OH
  • Posts 1,265
  • Votes 1,564
Quote from @Remington Lyman:
Quote from @Samuel Diouf:

Columbus, Ohio is a great market to consider if you're looking for appreciation markets that still cash flow. I moved here from Florida after seeing the expansive growth in the Columbus market.

There are multiple billion dollar companies dumping money into the city, such as Intel, Google, Honda, and Amazon. This is causing a huge influx of people moving here for jobs. And a lot of start-up companies are migrating to this city as well because of the OSU campus that has thousands of talented students graduating and looking for positions locally.

Everything that’s going on here in Columbus is attracting investors and other businesses from all over. A recent study showed that 80 people are moving to this city every single week, which will continue to increase housing demand.

 They were not talking about Columbus, Ohio

@Marc Rice same for you...


They said they're working on finding markets that could have great upside.