New to Investing in Cleveland area

New to Investing in Cleveland area

Investor · Amherst, OH · Member since 2017 · 79 posts · 43 votes

Hello,  My name is Phil and I am a new investor buying multi family properties around the Cleveland area.  I started with a condo (not a multi family I know) in Brunswick and now have a duplex in Parma.  I am currently in the market for another duplex and have been looking at a few in Parma since the first one is working out great.  I have been house hacking so far and will continue to do so in my next purchase.  My goal is to buy 2-3 properties this year and scale up from there.  I am here looking for advice and people in my area to network with and possibly invest with.  Also looking for reliable contractors that people in my area can recommend from past experience.

Thanks!

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Investor · Bonita Springs, FL · Member since 2015 · 54 posts · 12 votes
9y
That's awesome! I am doing the same thing in the Cleveland and Dayton area. Best of luck in your endeavors.
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  • Umar JavaidPro Member
    BiggerPockets Support · São Paulo, São Paulo · Member since 2015 · 548 posts · 79 votes
    9y

    It's great to have you here at BP @Phil Morgan

    BiggerPockets
  • Professional · Carlsbad, CA · Member since 2012 · 12k+ posts · 1k+ votes
    9y

    @Phil Morgan

    Welcome to Bigger Pockets. Make sure to read the Beginner’s Guide: http://www.biggerpockets.com/real-estate-investing

  • Investor · Bonita Springs, FL · Member since 2015 · 54 posts · 12 votes
    9y
    That's awesome! I am doing the same thing in the Cleveland and Dayton area. Best of luck in your endeavors.
  • Investor · Amherst, OH · Member since 2017 · 79 posts · 43 votes
    9y

    Thanks guys!  Looking forward to utilizing the site and all it has to offer.

  • David TerbeekPro Member
    Property Manager · Cleveland, OH · Member since 2016 · 260 posts · 162 votes
    9y

    Phil-  Welcome to investing in Cleveland.  The Brunswick condo was probably a good start, nice and stable.  Parma is a great market although doubles are limited.  Connect with me if you would like to discuss contracting.

  • Darrin CareyPro Member
    Lender · Dayton, OH · Member since 2008 · 1k+ posts · 705 votes
    9y

    @Phil Morgan Congrats Phil. Keep it rolling forward.

    @Benjamin Kelly The Dayton opportunities are great! Glad you are taking advantage them. @Roger Smart is a sharp guy, he'll take good care of you.

  • Real Estate Agent · Brecksville, OH · Member since 2011 · 166 posts · 75 votes
    9y
    Welcome Phil - We have a BP Meetup the last Thursday of every month (March 30th 6:00pm) at the Brew Garden in Middleburg Heights. All investors are welcome this is a great networking event. Bring your questions and get some answers. Hope you can make it. Regards Ron
  • Real Estate Agent · Brooklyn, NY · Member since 2014 · 250 posts · 60 votes
    9y

    @Phil Morgan

    Welcome to BP, Phil!!

  • Investor · Amherst, OH · Member since 2017 · 79 posts · 43 votes
    9y

    Thanks @Ron Szmik! I saw this event today and am planning on being there, just have to check my schedule tomorrow.  Sounds like a great event and I am excited to meet everyone in the area who participates. 

  • Equity Raiser and Turnkey Provider · Cleveland, OH · Member since 2016 · 4k+ posts · 1k+ votes
    9y
    Originally posted by @Phil Morgan:

    Hello,  My name is Phil and I am a new investor buying multi family properties around the Cleveland area.  I started with a condo (not a multi family I know) in Brunswick and now have a duplex in Parma.  I am currently in the market for another duplex and have been looking at a few in Parma since the first one is working out great.  I have been house hacking so far and will continue to do so in my next purchase.  My goal is to buy 2-3 properties this year and scale up from there.  I am here looking for advice and people in my area to network with and possibly invest with.  Also looking for reliable contractors that people in my area can recommend from past experience.

    Thanks!

    Hello! Welcome to BP! Always nice to have another Clevelander on here. Feel free to send me a message if you wish to connect.

    Best of luck to you.

  • Real Estate Broker · Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH · Member since 2013 · 30k+ posts · 20k+ votes
    9y

    Welcome to the site @Phil Morgan

  • Real Estate Agent · Dayton, OH · Member since 2015 · 86 posts · 36 votes
    9y

    @Darrin Carey thanks for the vote of confidence. @Benjamin Kelly and I are already working on big things.

  • Investor · Marysville, OH · Member since 2017 · 39 posts · 12 votes
    9y

    Welcome to BP @Phil Morgan. Good interaction going here. I would like to comment that I am interested in learning about Dayton opportunities which some of you are pursuing @Roger Smart , @Darrin Carey , and @Benjamin Kelly. I work in nearby Urbana and live in Marysville. Just learning about REI and formulating my first steps on this road.

  • Solo 401k Expert · Anaheim Hills, CA · Member since 2012 · 18k+ posts · 6k+ votes
    9y

    @Phil Morgan

    Welcome to the BP family! Here are some recommendations for you:

    Find and connect with other BP members that are in your area: http://www.biggerpockets.com/meet
    Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alerts
    Check out BP Podcasts: http://www.biggerpockets.com/renewsblog/category/podcast/

    Wishing you the best!

  • Investor · Amherst, OH · Member since 2017 · 79 posts · 43 votes
    9y

    Hi @Dmitriy Fomichenko, I was not aware of the alerts but have set some up now.  I am already planning to go to a local meet up on the 30th, which I am looking forward to.

    Thanks for the advice! 

    Phil

  • Cleveland, OH · Member since 2013 · 43 posts · 2 votes
    9y

    Welcome to the area! Let me know if you want to connect. 

  • Real Estate Broker · Cleveland, OH · Member since 2012 · 771 posts · 252 votes
    9y

    @Phil Morgan

    Welcome to BP.

  • Real Estate Agent · Brooklyn, NY · Member since 2014 · 250 posts · 60 votes
    9y

    @Phil Morgan

    Welcome to BP, Phil!!

  • Ozzy SmithPro Member
    Specialist · Dayton, OH · Member since 2014 · 352 posts · 265 votes
    9y

    @Scott Hamilton

    I'm a local investor here in Dayton with a pretty extensive grasp on our market.  If there is anything I can help you with let me know.  I'd be glad to talk.

    @Phil Morgan

    I along with my Cleveland team plan on being at the meet up on the 30th as well and would love to meet you.  Make sure at some point that night we shake hands and say hi.

  • Real Estate Agent · Brooklyn, NY · Member since 2014 · 250 posts · 60 votes
    9y

    @Phil Morgan

    Welcome to BP, Phil!!

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