All Forum Posts by: Ryan Arth

"The places I really like for investment properties are going to be Old Brooklyn/Brooklyn next to the Cleveland Metroparks zoo, Tremont, and Cleveland Heights, and Hough. There are other ares as well, but this is a good start since you want to be in A/B neighborhoods."

Alfath, I may be misreading this, but are you saying these are A/B neighborhoods of Cleveland? 

@Clarence Harvey There are a handful of regular meetups. Check meetup.com and also join all of the local FB groups for investors and you should see postings. Darian Thomas hosts a monthly one in Lakewood, Lokal has a monthly one at the Aviator, there is another at Market Garden on W25, and the Icon folks have one in Lakewood as well. There are a lot of pop up ones, one is tomorrow evening at Masthead brewery downtown.

@Pooja Ramchandani Welcome to the area. Are you looking to invest near to Hudson? 

Any attorney can handle LLC formation, but attorney's versed in real estate investment will be helpful if you ever have LPs in a deal or attempt anything more complicated than a vanilla rental purchase.

A couple that I would recommend for the latter:

Paul (and Adam) Vincent

David Streeter

If you aren't structuring complicated partnerships I would also recommend Darren Dowd.

@James Wise When reading his reply, my interpretation is that he is not providing "property management", in his opinion. The checks go to the owners directly, and he has a maintenance person and attorney on speed dial. So he may consider this most of the basic functions of PM without actually being a PM (and thus not subject to regulation). I wonder what happens when there is a turnover. 

Not saying this is the case here, but whenever someone is promoting their opinion and shutting down naysayers, it feels like clients could be railroaded. The reason I think that is when it is coupled with his comments to call him if you are a cash buyer and that you never need an agent. That could be fine advice for some, but it also means no oversight. No bank, agent, survey, appraisal, etc.  

And to your earlier point, the response has been taking the victim stance instead of just explaining the business model and why he uses a different name on BP than FB, FL legal records, etc. 

All could be fine here, but this is a good exercise in due diligence and the value of this forum and community either way. 

 I have a friend who has 50 such doors in this market. He is currently renovating a defunct motel near the Clinic to add even more. 

I noticed the name discrepancy with a FB profile with the other name. 

There is a lot of condescension in his posts, often degnigrating those who say anything counter to his opinions. And in general there is a lot of downplaying of risk in the pursuit of pure ROI.

None of that is wrong I guess, it's just not my style. 

I think that Jim asks a valid question though, and one that the community and Bob's potential clients would be better off having some clarity on. I also think that it might help Bob to clear up the confusion. 

@Larissa Lacman There have been previous posts asking this question, where you might find more information.

I always use Shoreway Inspections (Brett Bracey owns it) 440-465-0119

or 

InspectionTech (Aaron Westerburg owns it) 440-465-0448

Both allow you to schedule online.

@Heather Jensen Are you looking to build a house for investment or your primary residence? I am a builder/developer and would be happy to answer any questions that you might have. 

@Brian Dolbeare Welcome. If you have any questions about Akron feel free to reach out. Since you mentioned MF, a guy reached out yesterday with his off market, fully renovated, 14 unit in Akron. That might be larger than you were interested in, but I thought that I would mention it.