All Forum Posts by: Samuel Diouf

Doing BRRRRs out of country 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 help with building your team. You'll also need to find a high-quality contractor who can ensure your rehab is done properly. This will be the most challenging part while nit being boots on the ground and not experienced in the market. If contractors feel like you don't know what you're doing they might try to take advantage or just not treat your rehabs as a priority. 

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

Hey Theresa, what markets are you looking into? 

I typically try to work with lenders who have a lot of experience in the market I'm investing in. 

Hey Hiyun, having a trusted agent and inspector onboard can help reduce this risk, but properties can still have unexpected costs. It's important to make sure you always have reserves in place for the worst case scenarios.

Hey Richard, I can send you some of my go-to PMs in the Cleveland area. I'd be careful when investing in South Collinwood, a lot of PMs won't even manage in certain parts of that neighborhood. 

Hey Justin, section 8 investing in Cleveland can be very profitable if done right. There's a huge tenant demand, so you'll always be able to fill your units as long as they're in good condition and in the right areas. 

I like the west side of Cleveland. Look into neighborhoods like Jefferson, West Boulevard, Cudell, Clark Fulton, Brooklyn Center, Old Brooklyn, and Garfield Heights.

I suggest working with an investor friendly agent so you can get the right guidance!

Hey Harry, Cleveland is a great market to invest in if you're looking for cash-flow. Because of that low barrier to entry, plenty of investors from all over are looking at this city. I highly suggest working with an investor friendly agent so you don't buy in the wrong locations.

I like the west side of Cleveland. Look into neighborhoods like Jefferson, West Boulevard, Cudell, Clark Fulton, Brooklyn Center, Old Brooklyn, and Garfield Heights.

I suggest working with an investor friendly agent so you can get the right guidance!

Hey Hiyun, Cleveland, is a strong market to invest in! I started investing here after moving to Ohio from Florida for of the growing market. I spend all day sourcing deals now.

I'd be happy to send you a graded map of the area and a share list of useful contacts.

Hey Natan, I can send you some of my go-to PMs in the Clevland area.

It's important to keep in mind that all PMs legally need to be under a brokerage. 

Welcome to Bigger Pockets John!

Columbus is a great market to invest in!

I'd be happy to send you a graded map of the area and a share list of useful contacts.

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.

Hey James, I would just make sure to properly vet the contractor to be sure they can do the work. 

If you buy a high-risk deal like this and your contractor drops the ball, you could be at risk for some pretty big losses.