All Forum Posts by: Ryan Arth

Yes you were. You spoke on a panel about home building, and I asked you a question from the crowd. That discussion pushed me towards ground up construction, where I finally find myself today. So thank you.

 Why thank you Sir. I originally found BP to help myself nagivate the waters of RE. Now I am here to help others, though I do still learn daily. 

I remember studying your business model early on through your posts and early podcast episodes. We also met at the speaker's dinner at J. Martin's RE Summit in Oakland in ~2018. If I remember you left your family in Vegas at a birthday celebration to come speak. Now that is service! Cheers to you.

@Nick Garton If I help with your Akron expansion plans just reach out. 

 There is an old saying that might apply here. "The market can remain irrational longer than you can remain solvent."

Assuming that this market will rise to the level of "everywhere else" and not inflate in relative lockstep with other markets may turn out not to be an accurate assumption.  

There is a huge spread between property type and tenant attractiveness within that zip. The viability of an AirBnb strategy would also fluctuate widely based on where it was, ie at 116th and Kinsman vs on Dorchester in Shaker hts... Without looking, there is easily a 10x price variation in that zip. 

Way back when BP started, before we used our real names, a prominent guy on here named Mike in OH said "focus on your ROI, not your door count". You are investing for return on capital.

Someone had congratulated him for how many doors he had in Cbus and he pointed out that he was collecting rents in cash with a pistol and his day to day was anything but fun. 

 This is the least likely thing for people to publish on BP, as finding them is key to the business and promoting them on here will inundate them with calls. 

Nicole, the slyman's one moved around the corner to the tavern of Independence. Thanks for the shout out though. 

Nicole runs her own in Stow if you are down that way. Reach out to her for details. 

@Damein White I have a buddy who has 50 MTR doors here, he just bought a defunct motel near the Clinic to convert to more units. I can connect you if you reach out. 

@Chad Gordon There are maybe a dozen or two local investors that are active/semi-active on BP. There are dozens that attend area investing meetups, and thousands (small and large) that do not. Build your network, everyone that is even one step ahead of you presents an opportunity to learn. 

To piggyback on what Kristi said, there are also a lot of specific courses out there to get specialized knowledge. For development, like she mentioned, the Urban Land Institute has online courses on various aspects of development, as well as on financial modeling for R.E.. CCIM also has a variety of online classes on the same subjects. And Linkedin learning has online classes on R.E. modeling. Then there are the four-ish class R.E. certificate programs at Cornell, Harvard, etc. 

The mentioned classes range from like $79 to $13,000 (for a full certificate). So there is a wealth of knowledge out there.