There's a monthly Dayton meetup, that'd a great place to start meeting the local investors.
Its posted here on BP under events.
Originally posted by @John Olaore :
We want to purchase 5-15 doors (2-6 multi family homes) in the next twelve months and I currently have about $5000 saved and potentially have access to an additional $150k in family/friends money.
Doing 5-15 doors with just 5k in savings seem risky. You need to beef up your cash position to account for reserves etc ....
@Vinay I agree. I mentioned that I have access to an additional $150k based on the quality of products available.
@Darrin thank you! Was really hoping that the group was still meeting. I’ll check for the next event.
How low can you go? Lot links offers the least expensive houses in the known universe at 750 per. You verify if it is vacant then lay your money down. Helps if you are big and around a lot. Or, you could use my finesse method which requires an ambitious woman. Unfortunately, my nanny went back to Mexico. Then two year wait, kind risk in regards sqatters. Trick is to keep frontloading spaced out over time allowing enough time to rehab before the next comes up. Main over to riverside drive.. An army of rehab guys has descended on the place. I live there myself and my rentals are there. Pretty cozy with my crew of weekend warriors who are all in there too!