All Forum Posts by: Richard Schubert

Quote from @Brandon Becsi:

Quote from @Richard Schubert:

Quote from @River Sava:

Congrats Richard!

What methods of fianncing have you been usuing to grow your portfolio? Private capital, conventional, non-conventional, etc?

The first one is a conventional loan through Newrez . The second i purchased with cash. In the near future I may look at another conventional or a dscr. I have spoken to Beltway about a dscr as I have yet to find anything local that provides those.

I have a killer contact that does DSCR nationwide, let me know if you want her info. Shes a wealth of knowledge.

Absolutely, thank you!

Quote from @River Sava:

Congrats Richard!

What methods of fianncing have you been usuing to grow your portfolio? Private capital, conventional, non-conventional, etc?

The first one is a conventional loan through Newrez . The second i purchased with cash. In the near future I may look at another conventional or a dscr. I have spoken to Beltway about a dscr as I have yet to find anything local that provides those.

Quote from @Ryan Arth:

@Richard Schubert Congratulations. Buying a second property puts you in an even smaller percentage of the population than you already were in. 

Are you local? 

Thank you! Yes, I live in Kent currently and have lived before in Akron, cuyahoga falls and portage lakes. Right now all the deals seem to be in Akron, but I search all of summit county and portage county 

Quote from @Brandon Becsi:

 Great job! Do you use private capital to purchase homes?

 Thank you! This home I purchased with cash. In the future I would look at most any method if the numbers made sense. 

Congrats! 

I'm under contract for my 2nd SFH in Akron, Oh. Found a really good deal on a 2 bed 1 bath older home in pretty decent condition. Inherited a tenant who has been in place for 2 years . Just toured the house today and it was in better condition than I expected. Needs some new windows in the near future but overall the previous owner had set the home up pretty well with a nice big newer bathroom, solid countertops, hot water heater and recent siding. Probably replace the wooden porch down the road sometime but happy with my purchase. Going to hold the two I have long term and try to add 2 or 3 per year. Already saving up for a 3rd house.

Quote from @Marshall C. Call II:

Hi Folks,

I am kind of new to real estate. I'm a buy and hold investor with 2 rental properties in Warren Ohio. I bought the first one in 2022 and the second in 2023. I just wanted to introduce myself and do a little networking. It seems most of the investors in my area are out of town/state and the closest REIA is well over an hour from me. BP seems like a good place to make connections and hopefully learn some things along the way.

Hello, I just live over in Kent so pretty close to you. I have been looking at homes in alliance on up to Conneaut and just have never run across a property manager in your area. Reach out anytime !

@Ryan Arth Thank you for that, I will definitely look them up!

Hello, new to BP and have been browsing around, lurking, and been listening to the podcasts. I have one SFR in Akron, oh and now looking to buy more. Hope to meet others in the area and get to know fellow investors.