All Forum Posts by: Don Mangiarelli

@Don Roberts that would be fantastic! LMK where

@Gary A deblaquiere nice! Keep me posted. I'm interested.

@James Wise mahalo! I appreciate it.

@Ian Gilligan mahalo! It's a good thing. Sometimes two people grow in different directions and they just aren't compatible any more.

@James Wise mahalo! I would like to speak with you when I get a little more educated and am ready to pounce. I have been looking in Cincinnati, but Cleveland is intriguing as well. I have cash to invest and can do an all cash purchase, rehab, etc. I will be looking for a contractor and a property manager as well if you know of any you could recommend. I look forward to working with you.

@Ricardo Gomez

Thanks! Flipping is something I may get into later. Michael Mazzella, a friend of mine, is the king of flips here. Since the island is small, it is difficult to pick up houses at auction because he and his students are all over them, many times before they get to auction. I am most interested in the multifamily and apartment game, and with the price of real estate here, it just doesn't make much sense.

@Matt Ward

As I said in my original post, I invested in, rehabbed and sold a house in Ohio using seller financing. When I saw that my money doubled in 7 years, it prompted me to look into real estate investing as a vehicle to fund my retirement. The more I looked into it, the more I saw the potential in investing in rental properties. There are many blue collar towns and cities across the Midwest, but I have experience in Ohio, that then became my focus. Since I am still a complete newb, I would love to hear where and why you invest in the areas that you do. I want to learn and be successful.

Aloha all,

I am from the Island of Oahu I Hawaii. I am a newbie investor who bought a flip in Ohio 7 years ago in my 401k with seller financing. I had no idea what I was doing. I am now getting divorced and had to file financial documents and to my surprise noticed that my investment had doubled in value. I then decided that I wanted to pursue real estate investing. I'm not exactly sure how I stumbled onto this site, but I did and have since been listening to the podcast and several audio books by Brandon (who I learned lives on Maui and I will need to look him up) and David G. as well as the audiobook Crushing It in commercial real estate, which references this site often.

I own an IT service business with a focus on big box retail stores. Some of my clients include Louis Vuitton, Macy's, The Home Depot, Costco, Safeway Stores, State Farm Insurance and many more. I recently began a merger with another company and at the end of five years plan to become a full time REI. I am interested in flips and rental properties with a goal of owning 10 20+ unit apartment buildings in the next 10 years. I am looking for distressed properties which can be had at 70-80% of full value, that can be rehabbed and rented and refinanced (yes BRRRR) and can pull the equity out to use to buy other properties. I am looking to buy long distance as the cap rates here are ridiculously low due to the limited supply of land and thus housing. I would love to hear about your experiences and where you think the hottest, and not hottest, places to invest are located. I have the money to be a cash buyer as well as to finance my first deal. I am currently searching the Cincinatti, OH area and Northern KY. I am interested in looking at other places as well.