Investor/Developer Youngstown, OH

[Lori Williams]

Just wanted to take a moment to introduce myself. I'm Lori, and I invest exclusively in Youngstown, OH and have been since 2016.

I have a different vision for Youngstown than it seems many investors have. My business model targets the professional who works in Youngstown proper. My rehabs are C2, ceiling to floor or roof to floor. I spend substantially more on rehabs to make the properties a place I'd want to live myself, using higher end materials and paying attention to little details. 

I get $1100.00/mo for a 2 bdrm apartment, $1300.00 - 1400.00/mo for a small 3 bdrm house and $1400.00 - 1750.00 for 4 bdrms.

The biggest hurdle I've faced is the amount of time it's taking to do this project. I've been working alone, one property at a time. But now that we've got the process down, we're opening up the development to investor partners and private lenders (and paying flat 15% on short term small loans).

It's exciting, it is frustrating, and it's an adventure, for sure. When I started out, I merely wanted 4 properties to set us up for retirement one day. But sometimes opportunity knocks and you've got to answer that door ;)