All Forum Posts by: Min Zhang

Welcome to the community, Ifey! It's awesome that you're considering real estate investing. Since you're thinking about buying a property in 2024, have you ever considered Out-of-State (OOS) investing? It can be a great way to diversify your portfolio and potentially find more affordable properties with higher cash flow in other areas. Plus, you can tap into markets with strong rental demand. I suggest checking out this article about Out-of-State (OOS) investing. It talks about the importance of having your "core four" team members, which includes a local, experienced Realtor, contractor, lender, and property manager.

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

I personally invest in Columbus, Ohio, so I can provide you with a list of contacts in Ohio to help you build your team, especially finding a reliable property manager. Let me know how can I help!

Welcome to BiggerPockets, Matt! It is a great place to learn about real estate investing. It's great to see your enthusiasm for real estate investing and your long-term goals. Since you're open to different investment locations, consider exploring Out-of-State (OOS) investing to potentially find areas with better ROI and lower entry costs.

I recommend you read this article on OOS investing. It explains the importance of creating your core four. You will need to get a local, rockstar Realtor, contractor, lender, and property manager.

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

I invest locally in Columbus Ohio. I can send you a list of contacts in Ohio to help you build your team, property manager. Let me know how I can help!

Hey Himanshu, 

I like to kick things off in the Midwest, it's a great place to start real estate investing. The good news is that the entry point is much lower and cash flows the best. It's like finding a treasure chest if you follow what David Green talks about in his long-distance investing strategy. He suggests building your own Core 4 team, which includes a realtor, contractor, property manager, and lender. Once you have this team in place, you can confidently invest anywhere. I buy in Columbus, Ohio. Columbus has experienced so much growth for the past few years, partly due to the influx of tech giants like Intel ($20 billion), Meta, Amazon, and Google building warehouses and data centers in the area, which has contributed to an increase in property prices and more people moving into the city for job opportunities. I also invest in Cleveland and Dayton. Let me know how I can help!

Hey Amanda, considering your current situation in San Diego where mortgages are higher than rent, it's worth exploring the option of out-of-state (OOS) investing. You don't have to move; you can manage it from where you currently live. It's like having a money-making asset in another location without having to relocate.This approach allows you to tap into markets where the numbers make more financial sense while continuing to live in your current city.

I recommend you read this article on OOS investing. It explains the importance of creating your core four. You will need to get a local, rockstar Realtor, contractor, lender, and property manager.

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

I invest locally in Columbus Ohio. I can send you a list of contacts in Ohio to help you build your team, property manager. Let me know how I can help!

Hi Madeleine, I suggest taking a look at this informative article about OOS (Out-of-State) investing, which emphasizes the significance of establishing your core team of professionals. You will need to get a local, rockstar Realtor, contractor, lender, and property manager.

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

As someone who invests locally in Columbus, Ohio, I'm more than happy to provide you with a list of contacts in Ohio that can assist you in assembling your property management team. Let me know how can I help!

Hello Chungho. As an OSU alumnus, I can tell you that the OSU area is indeed a great choice for investment because of the high demand for rental properties and the limited vacancies. It's a wise decision to start by looking for a good property management company, especially since you're no longer living in Columbus. I can share a list of property management companies that have been valuable to my fellow investors in Columbus. With my familiarity with the market, I can also provide insights on purchasing multiplex properties in the area. Let me know how I can help!

Hey Mason, that's awesome that you're starting your investment journey in the Midwest! It's a fantastic choice, especially considering the lower entry points and great potential for cash flow in this region. As long as you develop your Core 4 like David Green’s mentioned in his long-distance investing strategy (realtor, contractor, property manager, and lender), you should be able to invest anywhere with confidence. 

As for me, I've personally chosen to invest in Columbus, Ohio. It's been an exciting journey so far! Columbus has experienced so much growth for the past few years, partly due to the influx of tech giants like Intel ($20 billion), Meta, Amazon, and Google building warehouses and data centers in the area, which has contributed to an increase in property prices and more people moving into the city for job opportunities. I also invest in Cleveland and Dayton. I'd be delighted to connect with you and share my experiences thus far.

Hi Margaret, 

Welcome to BiggerPockets! It is a great place to learn about real estate investing. I started listening to their podcasts in 2020 when I bought my first duplex. If anywhere, I recommend you read this article on OOS investing. It explains the importance of creating your core four. You will need to get a local, rockstar Realtor, contractor, lender, and property manager.

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

I personally invest locally in Columbus Ohio. I can send you a list of contacts in Ohio to help you build your team, property manager. Let me know how I can help! 

Hi Duarte,

What makes DSCR loan fascinating is that it does not verify personal income. I have success in helping my out of states and foreign investors purchase properties with this type of loan. Let me know how I can help!

Hi Bryant! 

I prefer to start in the midwest, because the entry point is much lower and cash flows the best. As long as you develop your Core 4 like David Green’s mentioned in his long-distance investing strategy (realtor, contractor, property manager, and lender), you should be able to invest anywhere with confidence. I buy in Columbus, Ohio. Columbus has experienced so much growth for the past few years, partly due to the influx of tech giants like Intel ($20 billion), Meta, Amazon, and Google building warehouses and data centers in the area, which has contributed to an increase in property prices and more people moving into the city for job opportunities. I also invest in Cleveland and Dayton. Let me know how I can help!