All Forum Posts by: Christina Carey

Hi Jason - I am @Darrin Carey other half, and from Cincinnati. It's his fault I'm in Dayton. : )

Between the two of us, we get the Cincinnati market, and have many of the local wholesalers in close contact. Hit us up if you have any questions - we'll do our best to help!

@Winston Spence

I would concur with Darrin. Definitely do not classify a property solely by Zip code. I would also consider adding Xenia to the areas he listed above.

Hi Daniel,

Depends entirely upon what it is you're looking for. Rentals? Fix/flips? I'd be glad to help, but I need a bit more info to go on first. : )

Thanks Lydia!

@Lydia Ford - thanks for the tip! I know the ALFs are heavily regulated - not sure to what degree here yet, but that will definitely be on my list of items to research.

As the baby-boomer generation continues to age, I know both types of facilities will continue to increase in demand. I think initially, independent living will be the way to go, getting it up and running sooner without having to jump through so many hoops. Besides, we can always convert some of the space to AL later on, once things are cash flowing nicely.

So, I have this killer idea that struck me about a week ago. There's this large mostly vacant retail space, with a parking garage plus plentiful other parking, in a fantastic location. I've passed by it a million times, and it suddenly hit me that the highest & best use for this property is a combination of assisted and independent living units, combined with related retail, office, service, and food/entertainment businesses. Like a town within a town

I suspect that once I approach the owner that they'll be open to carry some, if not all, of the financing. Only issue I have is time - project management is up my alley for sure, but with the large scope of the project, a few heads are certainly better than one.

If you're experienced (and serious, of course) and a project like this makes you drool or excites you like a kid at Christmas - send me a colleague request!

@Troy Kingsbury  - I see Darrin did not reply further. I am the real estate agent he was referring to in his comment. Were you able to get what you needed when you were in town?

HML = hard money lender
Not sure where you are, but there's a hard money lender here in fly-over country called REcasa - worth a look-see anyway.
Also, try portfolio lenders, savings & loan banks, local banks, etc. See if they cater to investors. We have one here in Cincinnati that loans 70% of purchase and repairs. Not credit score driven, and experience helps with them. Just have to find one like that - may be easier said than done, but they are out there!

I will second the posts regarding Gary Keller's Millionaire Real Estate Investor, as well as Kyosaki's Rich Dad, Poor Dad. The first post about The Complete Guide to Buying and Selling Apartment Buildings is also excellent, if that's the type of investing you're considering.
I'd like to add Think and Grow Rich - it's a slow read, but worthwhile. Also the 4-Hour Work Week.
Another very good book is "Full Frontal Real Estate Investing" by Mick Modarelli. He's a seasoned investor here in the Cincinnati, OH area. He's written several courses, but the book I mentioned is more of an anti-guru book, and good solid info for any market. You can check it out at [REMOVED] (There is a plain-brown-wrapper cover available for those easily embarrassed or offended. :oops: )
Also, Failing Forward is another good one.
Good luck!