GRID TV Ep1: How to Find, Analyze and Buy 1% Deals in Ohio with Investor Focused Agent, Jenny Craven

In this session, Jenny Craven, an investor-focused real estate agent, discussed the benefits of investing in Springfield, Ohio, highlighting its strategic location and affordable living costs, which attract residents who commute to larger cities like Dayton and Columbus.

Key Takeaways:

Capture detailed videos during property tours to avoid missing details and provide a reference for future questions.
For out-of-state investors, decide between self-management or hiring a property manager.
Evaluate whether updates (e.g., kitchen renovations) will significantly impact rental income and if the investment is justified based on the rental market's saturation.
Properties in receivership may involve additional complexities, including title issues and liens, and are typically managed by specialized receivers.
Investors should understand their financial limits and goals. Analyze deals using tools like the 1% rule and consider local demand drivers such as school districts.
Know each client’s criteria and preferences to effectively match them with properties. Develop strong relationships for better client engagement and satisfaction.
Focus on specific neighborhoods and market conditions to provide accurate rental estimates and property analysis. For example, Springfield, Ohio, offers a strategic location and affordable living, making it attractive for investors.
Provide clients with comprehensive information, allowing them to make decisions based on their own numbers and comfort level. Avoid making offers on their behalf.
Regularly review new listings and keep clients informed through newsletters and updates. Video walkthroughs can be preferable for documentation and ease of reference.
Consider strategies like BRRRR (Buy, Rehab, Rent, Refinance, Repeat) for identifying undervalued properties that can be rehabbed for better returns.

Resources:

Rentometer for rent comparisons: https://www.rentometer.com/
Realtor.com for easy market listing navigation: https://www.realtor.com/
RPR (Realtors Property Resource) for Comparative Market Analysis (CMA): https://www.narrpr.com/
Canva for creating visual templates: https://www.canva.com

About Jenny Craven:

Jenny is a wife, mom, Realtor®, and GRID leader based in Springfield, OH. She specializes in on-market 1%+ buy-and-hold investments and potential flips. With several years of experience working with investors, Jenny is passionate about helping people in Springfield due to the abundant opportunities and the positive impact that ethical, growth-oriented investors can have on the community.

In her third year as a real estate agent, Jenny contributes to her household through her real estate work. Formerly a Spanish teacher, she takes pride in her current role, which allows her to help others achieve their investing goals.

As an investor herself, Jenny, along with her husband, has purchased over 10 properties and currently manages 3 doors in their personal portfolio. They also own multiple long-term rentals and a commercial space/micro office business in partnership with family. Jenny has extensive experience in the sale and purchase of short-term rentals, long-term rentals, commercial spaces, fix-and-flips, and personal homes, with most of these transactions occurring in Springfield.

Jenny assists both out-of-state and local investors with their first deals by finding and analyzing on-market properties. She sends out a weekly email featuring current on-market 1%+/potential flip deals. She is excited to join her town's GRID leadership team to play a larger role in this network.

Connect with Jenny:

Connect with Jenny on LINKEDIN:   / jennycravenrealtor  
Follow Jenny on FACEBOOK:   / jenny-craven-b89565231  
Follow Jenny on INSTAGRAM:   / jennycravenrealtor  

Join the online GRID community on FACEBOOK:   / gridinvestor  

Check out the GRID Calendar for a complete list of FREE training: https://www.gridinvestor.com/calendar