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All Forum Posts by: Robert Gibson

Robert Gibson has started 3 posts and replied 5 times.

In my brief analysis of the Dayton area single family home market, I don't see any way (short of getting a super screaming deal) of getting much greater than 1% (rent/appraised value) other than in West Dayton area.   From my general analysis, homes in "nicer" suburbs of Dayton just don't get distressed enough to come close to yielding 2% or are valued low enough vs projected rent.

So, my first question is: is my analysis off base here?

Investing in West Dayton would make me nervous given the level of crime and distressed neighborhoods in this part of the city.   However, I fully admit that I don't really know much about West Dayton other  local news crime reports and seeing some pretty sad homes on Zillow, etc.  

Second question: are their parts of West Dayton that are better and safer than others?

Post: Dayton Realtor Recommendations

Robert GibsonPosted
  • Dayton, OH
  • Posts 6
  • Votes 0

Hi, I am looking for an aggressive realtor in the south Dayton area.  I live in the area but don't really have any first hand knowledge of good agents.  I have a owner occupied flip I want to sell soon and am looking for someone who will really earn their commission.   Also, I would like to develop long-term relationship with a realtor to partner with.  

Thank you

Post: New Member from Dayton, OH

Robert GibsonPosted
  • Dayton, OH
  • Posts 6
  • Votes 0

Thanks.  On the meetup, how does this meeting compare with the GDREI event that same night?

Post: Investing in Dayton, OH

Robert GibsonPosted
  • Dayton, OH
  • Posts 6
  • Votes 0

Hi, I used to live in 45419, however not in the area of Dexter (I didn't know homes like that existed in 45419).  That zip code has some of, if not most of, the most expensive home in the entire Dayton area, specifically the areas of West Kettering and Oakwood.  

I think the rental market is decent in Dayton, however I am new to REI so have little experience. The economy is so-so, moving from manufacturing to service but it have been a slow evolution. I would be happy to help you in any way I could but admittedly am not experienced in this business yet. However, I am a life-long resident of the area so that may be of some value to you.

Rob

Post: New Member from Dayton, OH

Robert GibsonPosted
  • Dayton, OH
  • Posts 6
  • Votes 0

My wife and I are interested in starting a REI business sometime in the next quarter or two. We are thinking of wholesaling and renovate/re-sell, but to be honest we know very little about these businesses.