All Forum Posts by: Mike Dolan
Mike Dolan has started 4 posts and replied 13 times.
Post: Seeking Property Management company in Toledo, OH

- Rental Property Investor
- New Jersey
- Posts 13
- Votes 9
LPG is the gold standard in Toledo. Highly recommend
Post: Looking to Connect with Investors in Toledo

- Rental Property Investor
- New Jersey
- Posts 13
- Votes 9
Hi Everyone - I'm an out of state investor that currently owns 3 LTRs in Toledo. Given I can't join any local meet ups, I was hoping to connect with people who invest in Toledo. If there are any virtual meetings or if you'd like to chat, please feel free to send me a direct message! Hope to get the chance to meet some of you.
Post: Cleveland Property Manager / Contractor

- Rental Property Investor
- New Jersey
- Posts 13
- Votes 9
Quote from @Account Closed:
Quote from @Mike Dolan:
Hi Everyone - I'm getting into the Cleveland market (currently own 2 LTRs in Toledo) and was hoping to get some recommendations for solid PM companies and contractors in the Cleveland area. Have a few potential BRRRR deals I've sent my agent, but want to make sure I have the right team in place before submitting any offers. I've reached out to a few companies, but if anyone has worked with any and had positive experiences, please let me know! Also if there are ones I should stay away from, that would be much appreciated also.
Why Cleveland instead of expanding in Toledo, just curious.
I'm still looking and interested in expanding in Toledo, inventory has just been low recently. I probably could look to get into off-market properties and marketing to find more deals.
Post: Cleveland Property Manager / Contractor

- Rental Property Investor
- New Jersey
- Posts 13
- Votes 9
Quote from @Mike Dolan:
Hi Everyone - I'm getting into the Cleveland market (currently own 2 LTRs in Toledo) and was hoping to get some recommendations for solid PM companies and contractors in the Cleveland area. Have a few potential BRRRR deals I've sent my agent, but want to make sure I have the right team in place before submitting any offers. I've reached out to a few companies, but if anyone has worked with any and had positive experiences, please let me know! Also if there are ones I should stay away from, that would be much appreciated also.
Also wanted to add on to this - would love to connect with investors in the Cleveland area to learn more about your experience and any helpful tips on how to be successful in the area.
Post: Cleveland Property Manager / Contractor

- Rental Property Investor
- New Jersey
- Posts 13
- Votes 9
Quote from @Nathan Fisher:
I've said it before, there's no such thing as a perfect property manager. Each one has things they do better than others, and areas they struggle in.
As you talk to PMs, focus on managers who focus on what's most important to you.
Do you need more insight or often need quick answers? Then get someone who focuses on communication.
If you're planning on doing BRRRR, make sure to get someone who does a lot of flips.
Make sure they are experts in your market segment too. if you want to do low income housing, then a great manager who focuses on B class properties isn't going to work.
Best of Luck
Thanks, Nathan! Useful insight to have when vetting PM companies.
Post: Cleveland Property Manager / Contractor

- Rental Property Investor
- New Jersey
- Posts 13
- Votes 9
Hi Everyone - I'm getting into the Cleveland market (currently own 2 LTRs in Toledo) and was hoping to get some recommendations for solid PM companies and contractors in the Cleveland area. Have a few potential BRRRR deals I've sent my agent, but want to make sure I have the right team in place before submitting any offers. I've reached out to a few companies, but if anyone has worked with any and had positive experiences, please let me know! Also if there are ones I should stay away from, that would be much appreciated also.
Post: Looking to sell my portfolio of 4 single family tenant occupied homes in Toledo Oh

- Rental Property Investor
- New Jersey
- Posts 13
- Votes 9
Hi Sue - I'm interested in learning more about these. Can you please send me more information at [email protected]. Thank you!
Post: New Investor Looking into Evansville

- Rental Property Investor
- New Jersey
- Posts 13
- Votes 9
Quote from @Casey McCoy:
That is definitely some promising steps! One thing I would ask is what kind of return are you looking for or how are you evaluating properties to determine if they’re a right fit for you?
Thanks Casey! Right now I'm looking mostly at cash flow as my main criteria, ~8% CoC. It's been tough to find properties that can fit that unless I rehab a property, but I'm not sure I want to take on a full rehab project for my first deal. I've been looking at properties that have been sitting on the market longer than 30 days to submit a lower offer, and I'm fine with doing a cosmetic rehab.
Post: New Investor Looking into Evansville

- Rental Property Investor
- New Jersey
- Posts 13
- Votes 9
Hi BP - I'm an out of state investor looking to get into the Evansville, IN market. My criteria is buy & hold rental properties, 2/3 BR SFH or small multi-family (2-6 units) under $200K. I've been working with a local real estate agent, have a property management company lined up, and reading through forums to get a better understanding of the market. My RE agent says that 47714 is probably the best area as far as tenant class and location due to it being close to the university. Wanted to see if anyone had any insight on other areas I should be looking. Also, would love to connect with any investors in the area to learn more about your experience and what to expect.
Post: Newbie Investor - STR in the Poconos

- Rental Property Investor
- New Jersey
- Posts 13
- Votes 9
@Jonathan Dempsey thanks for your reply, and thats great to hear! Been seeing mixed reviews on the area so it’s refreshing to know a good return is possible. When did you launch in Pocono Pines?