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All Forum Posts by: CJ M.

CJ M. has started 52 posts and replied 1109 times.

Post: New investor from Canton, OH

CJ M.Posted
  • Rental Property Investor
  • Canton, OH
  • Posts 1,135
  • Votes 1,194

@Enrico Mariani

I would be interested. I did look at the Stark County REIA site and didn't see any recent meetings. Last one was from 2016?

Post: Real estate investing and credit score

CJ M.Posted
  • Rental Property Investor
  • Canton, OH
  • Posts 1,135
  • Votes 1,194

@Matt Wanner

Having 800 credit and always being cautious, I used to worry about the effect RE would have on it too. After 7 refi's this past year and another recent hard credit pull this month, I'm still around 775-785 (per Credit Karma)

Note, not all my refis had a credit pull. Once you have a relationship with a lendor they usually don't have to pull credit every time if it's within a certain period...at least this what my experience has been.

So long story short, I stopped worrying about it.

Post: New investor from Canton, OH

CJ M.Posted
  • Rental Property Investor
  • Canton, OH
  • Posts 1,135
  • Votes 1,194

@Stephen Tice

Absolutely! That was actually one of the first things I did. Thank you.

Post: New investor from Canton, OH

CJ M.Posted
  • Rental Property Investor
  • Canton, OH
  • Posts 1,135
  • Votes 1,194

@Enrico Mariani

That would be awesome if you could introduce me. I really appreciate that.

Post: Looking to connect with Wholesalers and Investors in Canton Ohio

CJ M.Posted
  • Rental Property Investor
  • Canton, OH
  • Posts 1,135
  • Votes 1,194

@Josiah Barkman

I think I know Shale. Used to be called Scenic...I think. I'm not sure of protocol on here either as I just started posting, however feel free to send me a PM with the details.

Post: Looking to connect with Wholesalers and Investors in Canton Ohio

CJ M.Posted
  • Rental Property Investor
  • Canton, OH
  • Posts 1,135
  • Votes 1,194

@Josiah Barkman

Thanks for reaching out and for the connection. I'd love to learn more.

Post: Closed On My First Property!!

CJ M.Posted
  • Rental Property Investor
  • Canton, OH
  • Posts 1,135
  • Votes 1,194

@Shannon M.P. Lewis

Congratulations! The first one is very satisfying!!...and exhausting lol

Post: Looking to connect with Wholesalers and Investors in Canton Ohio

CJ M.Posted
  • Rental Property Investor
  • Canton, OH
  • Posts 1,135
  • Votes 1,194

Hello,

Currently have 7 doors, and looking for another 10-15 (SF or multi-family) properties by year-end. I generally have found deals through the MLS and another local real estate investor. I have great credit, capital, and lenders already in place if-needed. Would love to connect and talk more with "trustworthy" locals in the Akron or Canton area.

CJ

Post: New investor from Canton, OH

CJ M.Posted
  • Rental Property Investor
  • Canton, OH
  • Posts 1,135
  • Votes 1,194

Hello BP friends,

Long-time BP lurker, introvert, and podcast listener, just now making my first post...so hello!

Without boring everyone to death, here's some quick background on my real estate adventures. Been in sales, marketing, call centers, for the past 16 years. I took the plunge last year and obtained my first 7 rental properties (5 SFH and 1 duplex). In fact, I purchased my first property after I was laid off from my (what-I-thought-was-secure) W2 job of 7 years...and right after relocating for the company (I know, right? Ain't that some s***!). Anyway, I took 100% of my savings while being unemployed and purchased a small SFH that I BRRRR'd in about 60 days. It may have been crazy to do, fortunately the deal worked out really great...but oh, the sleepless nights! After that, I purchased a couple turnkeys from local investors, and did other rehabs (all cash deals), with the goal of recouping all or most of my investment from the equity I had using traditional lender financing.

That strategy has worked well, but I've kind of hit a wall and am really struggling to put together my next deal(s) (possibly looking for a multi-family unit as my goal is to grow to 20 units by EOY). I have good credit, a couple great lenders, and can often purchase for cash. I think I just need to put myself out there and meet more people...which is why I'm here.

What's the best way to connect with folks on here (and locally)? I'd love to share some of my experiences and add value anyway I can based on my experiences and existing relationships. I'd also love to learn more about finding good, contractors wholesalers, lenders, and sellers in the Canton, OH area.

Thanks in advance! I'm looking forward to future posts and learning more from everyone here.