All Forum Posts by: Ari Hadar

@Account Closed I'd make a short list of the midwestern cities you're interested in, the take advantage of pandemic to participate in on line meetups before they go back to in person, which will give you unique insight into neighborhoods and major players in each area. 

@Steven Foster Wilson Good point...Dayton is heavy on defense and defense contracts in the private sector...mostly the Beavercreek and Fairborn areas...I have to tell you, I went on a development tour in Dayton about 3-years ago and was blown away. That said, you can still find $6,000 houses and buy entire street blocks, lol...

I met a guy that was buying 2-3 properties a month...max purchase, $6k...max rehab $6k...renting them for $600/mo. all day long...crazy...

For an agent, I recommend Lori Dague of Keller Williams Greater Metropolitan.  I bought a 4-plex with her and I'm renovating it now.

Advice to folks on this thread........If you do ultimately hire an agent and/or PM in Cleveland make absolutely sure you SPEAK to the agent and/or PM before you let them represent you as an agent or PM.  

@Alaina Redfern I've seen a lot of folks in your position...you can find great deals anywhere in Ohio...you can find great deals anywhere in the country...but if you do decide on Ohio, it has to be a location you are comfortable with. The 3-C's (Cleveland, Columbus, and Cincinnati) all have amazing opportunity. If you stick to any of these metro markets you can find killer agents and property managers with a bit of homework.

That said, I vote for Dayton...it is a true underdog of a city we are all pulling for ;) 

Best of luck in your search.

If you have the parcel number, you should be able to go to https://treasurer.cuyahogacoun... and access at least the current bill. It's common for other jurisdictions to provide full histories with just an address and most jurisdictions have an online portal nowadays.

I see so many people promoting Ohio I almost wonder if it’s being oversold. I kind of wondered about that myself because they have a higher number of realtors promoting their services than it seems any other state.

@Arun Dharan Arun, I think that is a brilliant idea! In fact, this is exactly how I started my journey years ago. 

However, there are THREE MAIN things you need to do to ensure that you buy the right deal.

1. Make sure Crime is low

2. Push for a 1% Rent To Value [RTV] ratio if you can

3. Strive for > 50% Renters To Owners [RTO] ratio

You can learn more about this here: https://www.biggerpockets.com/...

Good luck on the #HouseHack! Come back to tell you your story in a 1 year or 2 after you've purchased it to inspire others!