All Forum Posts by: Charles A.

I have an 18-unit in Cleveland.

Pretty much stabilizing for this first year, getting rid of inherited deadbeat tenants etc

I have gone to Cleveland twice since acquiring the asset in September 2017:once during initial due diligence and I just came back from walking all units again with my PM last week.

Wouldn't have it another way.Much less involved in it compared to my local Jacksonville buildings as my PM as been awesome in communicating.

Oh by the way,

I read this recent article on BP condemning Cleveland and Memphis to the bottom of some list of "6 cities"...I have no idea why people make these sweeping generalizations based on some graphic or data.

It's like a girl saying to herself:"most men cheats I'll never fall in love".

It's easy to write an article or create a spreadsheet while drinking beer in your man cave.

I just returned from a week of walking the streets of Cleveland taking in the billions of $ in new investment in the downtown area and east of the Flats where an unbelievable transformation has happened since I last lived there in 2011.Vacancies are down, rents are rising.

Yet some guy who's never actually been to Cleveland sits somewhere in LA and writes articles about how net immigration in Cleveland is negative etc.

Hilarious.

I need community banks/Lenders in the Cleveland for a multifamily deal.

Loan balance less than $750k

Message me if you have any recommendations or are a lender in Cleveland.

Can’t help but notice it’s a “her”... Depends. Are they drop dead gorgeous...?🤷🏽‍♂️ If you’re gonna get shot by a tenant,they’d better be hot.👺

Wade Alderson I evicted Mickey last week.He owed 3 months rent.If you wish to eat with him so bad,you’d have to catch him at the nearby Salvation Army hostel.He’d be glad to share his cold Mac and cheese with baked beans with you.

33 units currently owned. *15 in Jacksonville FL: 3 SFRs 4 duplexes 1 quad All in Riverside/Murray Hill/Beaches *18-unit building in Cleveland OH Right on Lake Erie. *Now under contract in Jacksonville FL : 7-unit apartment,Riverside. 20-unit apartment complex Murray Hill (extreme value add) *No partners so far. If and when both current deals close,🤞🏾 Total will be 60 units.

Med School reset it at exactly 5 hours for me in 1992.

It has stayed that way ever since.

@Hadar Orkibi

Ok.

Certainly.

Most of mine are small multis too.

2-4 units.

And I’m under contract right now for a 7-unit and a 20-unit.

Both in that same area of town.

Let me know when you’re back in town in future.

All the best in your hustle.

And have a safe trip.

@Hadar Orkibi

I’m back in town from tomorrow.

If you’re still in town,let’s meet up for coffee.

I own 33 units.

Most of it in Riverside.

Would be nice to exchange notes with you.

Let me know or PM.

Hadar Orkibi Whoever told you to “stay away” from 32204 doesn’t know what they’re talking about. It’s probably THE top zip code in Jacksonville to invest. Best mix of cash flow and potential for crazy appreciation. That’s Riverside,man!😳

David Moore I will.Once I tie up all the current loose ends. The story of my boot straps real estate journey is on the member blog. It’s titled :”A diary of no BS real estate investing”. Look it up. It’s none of the super sexy stuff that gets 500 comments on the forums. Just plain boring reality. Again, It goes to the point that has previously been made on this thread: That blog article remained the most popular on the member blog for weeks...yet was not “featured” on the BP main blog. The same week I published it,I saw some feel-good “million dollar article” patched up from some forum post a 19-year old had just posted....and made up into the feature BP blog article. It’s what sells. Understand that and let’s focus on reality and keep crushing it the normal boring way. We should leave the fantasy to the ego trippers. Cheers.