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Updated about 8 years ago on . Most recent reply

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Dave Stokley
  • Rental Property Investor
  • Cleveland, OH
792
Votes |
675
Posts

New Investor in Cleveland, OH

Dave Stokley
  • Rental Property Investor
  • Cleveland, OH
Posted

Recently signed up for  PRO membership to get more serious about my investing. 

I got started about 15 months ago after being hypnotized by Grant Cardone, and somehow convinced my wife to buy a 3-family house. After kicking out the bad tenants (one of whom was running a hair salon out of the apartment) I was able to do some minor cosmetic upgrade myself and increased all the rents 50%. It has been a great experience and I'm excited to take the next step.

I am currently in the market for another multi-family, preferably on the West side of Cleveland. I am also considering partnering with a friend on either another multi-family or a flip.

My personal goal is to acquire 40 units by the end of 2025, starting with 5 this year.

Thanks to everyone who contributes to this awesome resource.

Cheers,

Dave

  • Dave Stokley
  • Most Popular Reply

    User Stats

    28,193
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    James Wise#5 All Forums Contributor
    • Real Estate Broker
    • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
    19,221
    Votes |
    28,193
    Posts
    James Wise#5 All Forums Contributor
    • Real Estate Broker
    • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
    Replied

    Welcome to the site @Dave Stokley

    Awesome story, sweat equity at it's finest.

    If you are going to buy all those homes you may benefit from becoming an agent yourself. Nobody can get to a hot deal quicker then yourself!

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