All Forum Posts by: Ryan Arth

Come meet your fellow investors, service providers, and lenders in a casual, no-pitch, environment. Your network is your net worth.We meet the last Thursday of every month.

There will be pitching or presentations. Come and invest in yourself and your future.

@Kerry-Ann Bennett-Smith What roles do you need help with? 

 To my point, that is a very specific type of investing, and obviously the worst of it is being shown for entertainment. It is not indicative of what the majority of investors, in this market or elsewhere, may experience. 

Even the generalization that out of state investors want the cheapest properties with the highest yields isn't entirely true. I have an out of state client here who doesn't own a property that leases for less than $3,000/door.

You never know what someone is actually referring to. If that Zillow economist is referring to the affordability of the market in general, and you are looking at crime stats for the inner city, you may come to the wrong conclusion. 

MF cap rates in this market may rank higher than other markets, in general, or they could have been referring to just within the city limits. That makes a big difference when you are trying to make a decision. 

Just read the threads on here and listen to people talk past each other. One person is extrapolating out the depths of the inner city to the entire market as far as long term viability for investment, when the other person is actually considering A/B neighborhood buy and hold. 

Locally here there is more of a lending appetite for build to rent housing than build for sale "spec" housing. It's just more difficult to locate, but not impossible. 

 If you are finding properties that fit your model, but are short on capital, consider offering opportunities for investment to people in your network who have capital that isn't earning anything. Everybody wins. 

@Kristin Vegas If you need any help in Akron let me know.

In Youngstown, I would connect with Nicole Heasley Beitenman. She is on here, but for some reason I cannot tag her on this post. She is active in that market. 

@David Leggett The next meetup is Thursday 7/25 @ 6pm @ the Tavern of Independence. They are always the last Thursday.

@Joshua Jones Brett Bracey at Shoreway Inspections. 440-465-0119

Also, Aaron Westerburg at Inspection Tech. 440-465-0448

I have used both for years and know them both personally. Zero complaints or issues.

@Richard Schubert It's good to meet another local investor. If your contract falls through, my friend just called me with a condo that he owns in Portage Lakes area of Akron that he wants to sell for 16% under the next least expensive comp in the community.