New Investor Looking to make Connections

New Investor Looking to make Connections

Kol DaileyPro Member
Investor · Cleveland, Cleveland Ohio · Member since 2021 · 7 posts · 6 votes

Hi,

I am a new investor in the Cleveland area. I am based out of Lexington KY, I have just bought my first property in Cleveland. I am looking to make some connections in the area and learn more and get more invested in the business!

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  • Brad SeidBusiness Member
    Lender · Licensed in 28 States · Member since 2026 · 127 posts · 33 votes
    2d

    @Kol Dailey Welcome to Cleveland! 👋 Congrats on your first property! If you’re looking for lending options for your next deals, I’d be happy to connect and see how I can help. Feel free to reach out!

    • Kol DaileyPro Member
      OP
      Investor · Cleveland, Cleveland Ohio · Member since 2021 · 7 posts · 6 votes
      2d

      Hi, thank you! I will reach out when I am on the search for my next deal!

  • Real Estate Agent · Kansas City · Member since 2018 · 4k+ posts · 3k+ votes
    2d

    Welcome to BP! What was your first deal?

    • Kol DaileyPro Member
      OP
      Investor · Cleveland, Cleveland Ohio · Member since 2021 · 7 posts · 6 votes
      2d

      @Caleb Brown My first deal was a duplex! 

  • Michael AzzamBusiness Member
    Real Estate Agent · Cleveland, OH · Member since 2020 · 20 posts · 18 votes
    2d

    Welcome to Cleveland, Kol — and congrats on the first property. That’s a huge milestone 🔥

    Mike Azzam here. I’m an investor myself with 70+ doors, and I’ve been working with investors in the Cleveland market for about 15 years.

    We’ve built a pretty strong one-stop-shop around investing here — acquisitions, deal analysis, rehabs, Long term partnership with local vendors, leasing, and long-term strategy — so happy to be a resource as you start getting more established in the market.

    Shoot me a message anytime. Always happy to connect with another investor coming into Cleveland.

  • Arman AhmedPro Member
    Real Estate Agent · Columbus Cleveland Dayton, OH · Member since 2024 · 2k+ posts · 911 votes
    2d
    Quote from @Kol Dailey:

    Hi,

    I am a new investor in the Cleveland area. I am based out of Lexington KY, I have just bought my first property in Cleveland. I am looking to make some connections in the area and learn more and get more invested in the business!

    Welcome to Cleveland! Since you’re based in Lexington, having good local people around you will make a big difference. I’m active in the Cleveland market too, always happy to connect and share what I’m seeing around town.

    • Kol DaileyPro Member
      OP
      Investor · Cleveland, Cleveland Ohio · Member since 2021 · 7 posts · 6 votes
      2d

      @Arman Ahmed Hi, thank you! Is there anything that I should know about the market here? 

  • Real Estate Broker · Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH · Member since 2013 · 30k+ posts · 20k+ votes
    2d

    Welcome aboard. What made you go with one in Cleveland vs one in Kentucky?

    • Kol DaileyPro Member
      OP
      Investor · Cleveland, Cleveland Ohio · Member since 2021 · 7 posts · 6 votes
      2d

      @James Wise Thank you! I decided to go with one in Cleveland due to the Section 8 rents are better and this is a landlord friendly city. There are also more attainable deals to get here then in Lexington. 

    • Real Estate Broker · Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH · Member since 2013 · 30k+ posts · 20k+ votes
      1d

      Niiiice. Just remember, there is a wide variety of neighborhoods and values here. Sometimes the stuff on Zillow that seems too good to be true really is. I'd check out The Ultimate Guide to Grading Cleveland Neighborhoods to give yourself a good honest risk assessment of every neighborhood here in town.

  • Attorney · 10451 Mill Run Cir #755 Owings Mills, MD 21117 · Member since 2024 · 329 posts · 123 votes
    2d
    Quote from @Kol Dailey:

    Hi,

    I am a new investor in the Cleveland area. I am based out of Lexington KY, I have just bought my first property in Cleveland. I am looking to make some connections in the area and learn more and get more invested in the business!

    Welcome to BP, @Kol Dailey, and congrats on the duplex! I’ve worked with investors who own property outside the area where they live, and one thing I’ve seen make a big difference is building the local team before you actually need them.

    Since you’re managing a Cleveland property from Kentucky, I’d make sure you have people you trust for property management, repairs, leasing, and the legal side when something comes up. I’ve seen small issues become much harder simply because the owner was several hours away and did not have the right person on the ground yet.

    I’d be glad to stay connected, @Kol Dailey. I always enjoy connecting with investors who are building their portfolio one property at a time.

    • Kol DaileyPro Member
      OP
      Investor · Cleveland, Cleveland Ohio · Member since 2021 · 7 posts · 6 votes
      2d

      Hi, thank you for the welcome! I will definitely let you know if I am in need of a property manager.

      Thanks again!

  • Alfath AhmedBusiness Member
    Real Estate Agent · Columbus, OH · Member since 2022 · 1k+ posts · 1k+ votes
    2d

    @Kol Dailey Nice to connect. I do a ton of volume in cleveland. I've got a whole team of cold-callers and deal flow. Happy to email you some of the resources like neighborhood maps and contractor lists that i put together.

  • Investor · Get yourself trained before doing something inadvisable. · Member since 2024 · 3k+ posts · 1k+ votes
    2d
    Quote from @Kol Dailey:

    Hi,

    I am a new investor in the Cleveland area. I am based out of Lexington KY, I have just bought my first property in Cleveland. I am looking to make some connections in the area and learn more and get more invested in the business!

    Howdy, congratulations on making the jump.

  • Kerlous TadresBusiness Member
    Realtor · Columbus, OH · Member since 2023 · 1k+ posts · 1k+ votes
    1d

    Welcome to Cleveland investing! Congrats on getting that first property closed, that's the hardest step. I actually work in Cleveland pretty actively from the Columbus side, and from my experience, the best way to plug in fast is connect with a solid property manager early, since good PM is what makes out-of-state ownership actually work. Happy to swap notes anytime, always glad to help a newer investor find their footing here.

    Kerlous Tadres | Reafco Real Estate539 Reviews
  • Mike PaolucciBusiness Member
    Realtor · Columbus Cleveland Dayton, OH · Member since 2022 · 491 posts · 549 votes
    1d
    Quote from @Kol Dailey:

    Hi,

    I am a new investor in the Cleveland area. I am based out of Lexington KY, I have just bought my first property in Cleveland. I am looking to make some connections in the area and learn more and get more invested in the business!

    Congrats on your first property. I've got about 18 units at this point and more than happy to answer any questions you might have.

    Good luck with your investing journey!

  • Marc RiceBusiness Member
    Real Estate Agent · Columbus Cleveland Dayton, OH · Member since 2018 · 2k+ posts · 1k+ votes
    1d

    I would definitely stay away from certain areas in Cleveland. Happy to connect and discuss.

    Marc Rice | Investor Friendly Agent at Reafco Tailwind Team574 Reviews
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