A bit stuck, looking for a partner

[Jeff Koval]

Hi everyone,

I got into REI just over a year ago. Since then, I bought a duplex in Akron in October ‘21 that is doing well and an STR cabin in Broken Bow in March ‘22 that is starting to come into its own now. We own our own home and live in Southern CA so out of state investing makes the most sense for us.

Since purchasing those two properties, I have not been able to purchase anything else. I had a triplex in PCB, Florida fall out of contract and lost earnest money due to picking an inexperienced contractor that my lender recommended. 

I’m currently looking at a few different markets for long term rentals, greater Cleveland area, Tampa, Kansas City, and Louisville. There is a bit of the analysis paralysis on my end, but we have lost out on 30+ offers over the past year including 2 this week. I’m just a bit frustrated with my current processes. My wife and I have spent the last year saving and have $120k in the bank to invest. I have a very good job and should have some commission checks in the $200-300k range come in over the next year. 

I’m interested in talking/partnering/working with someone that lives in a market like these and that has some experience. If you’re interested, hit me up. 

Thanks,

Jeff