All Forum Posts by: Erin Dorsey Robinson

Hey everyone- I ran across an article today and shared with my clients and fellow investors. Thought I'd post on here as well. Cleveland City Council has passed a series of new regulations targeting landlords who allow their properties to fall into disrepair.  The new rules will go into effect this Spring (2024) and include measures such as registration of vacant housing, inspection requirements to transfer property and the requirement that out of state investors have a "local agent in charge", a representative on the ground in Cleveland to be held accountable for the condition of the property. Staying informed is still important even if you're not living in the place where you invest. What you don't know can still become a headache.

Link To Article

(photo from the article)

Hey Ryan! Looks like you've gotten a lot of good advice on here. Wholesale is tricky business but like anything else, it's about the relationships. We've managed to build some solid contacts with a few wholesalers that I've found to be very reputable. But you have to have multiple sources for good deals and you need an experienced guide to help you navigate the area and make some introductions for you so you can build your team on the funding side. I have several people I can introduce you to if you like. Please shoot me an email if you'd like. Best to you!

@Jeffrey Reynolds i see you’ve gotten a lot of good responses already so I’ll add a different perspective. In addition to all the golden nuggets everyone has recommended, try to find a community of investors that is focused on your specific location of interest. I started a group like this for Cleveland  because everyone I talk with has these questions and it’s super helpful for investors to be able to network with each other even after you have your team. Every phase of the process will be a new learning opportunity. Having a group to call on for resources and perspective is GOLDEN. Hope that helps. Glad to talk further if there’s more I can offer that would assist you. 

Hi Emran,

The reason you can’t get a straight answer to your question is that the actual rent that will be paid is paid is based on the specific qualifications of the RENTER. Not the property itself. It has to fall within the guidelines for the area but after that they will offer different amounts based on the income etc of the tenant. Isn’t that something?! Same house but one person they will give $800 to live there and another person could get $1100. Anyway, if you need more help please let me know. I have some experience with this in Cleveland and I’d be glad to talk further. 

@Yao Thompson  I have more questions than answers I guess. Can you share more about what you had in mind for how you would use your license if you did decide to pursue this? What do you see as the advantage for yourself or the value you might add for a prospective client.  Feel free to send me a direct message if you prefer to share more off line.

We've been in this business for a while now and boy have we seen a lot of things. Join us for an honest conversation about some bad things that have happened to good people we know. (Names will be changed to protect the innocent...and the guilty! )

Learn how to spot these scams and avoid the pitfalls that so many investors fall into as they try to learn the ropes and invest in Cleveland.

Bring your stories and share with the Community. Let's get smarter together!

What is Winning In Cleveland Real Estate Investors Mastermind?

Considering investing in Cleveland? Already investing in Cleveland? Looking for answers about Cleveland? Already winning Winning in Cleveland and want to help someone else? This mastermind is for you!

Join us online every other Thursday for a discussion of the opportunities, neighborhoods, tricks, tips and local insights that will put you on the path to successfully investing in Cleveland real estate. Whether you are an experienced investor or just curious about what’s involved, this mastermind and supportive community of curious, open minded investors will help you find your tribe and learn what it takes to Win in Cleveland.

See you there!

@Samuel Hailai I would be glad to give you a realtime tutorial of how to analyze some things. It can be tricky when you don't know the area. But I've lived in Cleveland for a long time and teaching is my one of my favorite parts of this work. I'll inbox you to get started arranging a time. 

@Shane Kelly Thank you for the up vote. Hope you can join. It should be an interesting conversation. I've learned a lot of good tips and tricks from some local appraisers about how Cleveland property owners can fight these tax increases. Looking forward to the discussion!

Hey everybody! Join us and our fellow Cleveland real estate investors for another great virtual Mastermind event tomorrow night at 830pm EST. We'll tell you how we reduced our property taxes so you can too. visit www.winningincleveland.com to RSVP. It's Free! Hope to see you there.

Winning in Cleveland is an online community where Cleveland real estate investors learn, build and connect with others on the same journey. Whether you’re just getting started, have done a few deals or are expert level all are welcome.  Join us at www.winningincleveland.com. 

@Bob Stevens Please join us if you're free and share how you built your team! I'm going to inbox you.