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All Forum Posts by: Daly Vaughn

Daly Vaughn has started 4 posts and replied 24 times.

Post: Newb in Cleveland, OH; invest local or South Dallas?

Daly VaughnPosted
  • Investor
  • Beachwood, OH
  • Posts 27
  • Votes 4

Thanks @Tom Ott!  Likewise.

Post: Newb in Cleveland, OH; invest local or South Dallas?

Daly VaughnPosted
  • Investor
  • Beachwood, OH
  • Posts 27
  • Votes 4

Thanks @James Wise!

@Eric P., that makes sense... So the thought process being that as long as you stick to B/C neighborhoods or better you might be alright over the long haul even if property values remain stagnant?  The cash flow gains can make up for any unrealized appreciation that might be more likely in a hotter market.  Is this a fair statement?  Consistent with your thinking? 

Post: Newb in Cleveland, OH; invest local or South Dallas?

Daly VaughnPosted
  • Investor
  • Beachwood, OH
  • Posts 27
  • Votes 4
Eric P. - thanks Eric for the welcome! I see that your strategy focuses on properties in the Midwest that cash flow well. Do you have any concerns about declining population trends or other negative or neutral economic indicators (regional net job creation)? That is my biggest hang up and concern about diving in more deeply to cleveland market. Would love to get your personal take and thinking on this as maybe I'm putting too much emphasis on these specific aspects.

Post: Newb in Cleveland, OH; invest local or South Dallas?

Daly VaughnPosted
  • Investor
  • Beachwood, OH
  • Posts 27
  • Votes 4

Hi everyone,

I'm a long time consumer, first time poster.  I finally took Josh and Brandon's advice from countless podcasts and am deciding to engage and plug in.

Looking forward to getting to know other local investors and wholesalers in Cleveland market (most likely targeting east side suburbs) as well as Dallas-Fort Worth Metro area (south Dallas suburbs and Ellis County). 

I'm currently debating whether to branch out on my own and invest local here in Cleveland or team up with my mom and brother back home in DFW under an LLC. Or both.

As of right now, looking to continue to learn about and network in both markets.  If anyone that has experience investing in these areas would like to share their personal recommendation as to which market I should dive into for a buy and hold strategy, I'd definitely welcome your recommendations and opinion on the topic!

Thanks in advance! 

Daly