All Forum Posts by: Thomas McTier

I agree with Ryan Beam, I lived in the Cleveland area for 30+ years, I live out of state now but East Cleveland is a pretty rough area, where crime is high.  I would recommend connecting with a local real estate agent before making any decision, as they can provide you the best advice. I'd be happy to discuss certain areas if you want my take. 

Wishing you best of luck. 

You know the saying cash is king right? Well I would alway agree with that however, if you pay all your cash for the property and have little to no reserves then you up a creek without a paddle. As many people have commented rates a low and will be that way for a while. So why not take on adequate leverage and still make a good return, while keeping some cash on hand.  Its hard to scale a business without leverage. I’m in commercial banking for the past 16yr and I hardly ever see a business scale without leverage. The key is to be smart about the debt you take on. I hope this helps. 

I could care less if the realtor has a sleeve tatoo. As long as they are knowledagable, confident, and can get the deal done. Closing deals is what matters most. 

Griffin

Definitely would like to connect. I’m an OOS investor as well but I am from Cleveland originally. I plan on investing in the area individually and with some joint ventures. If you need any recommendations for a property manager send me a message or just want to know more about the area let me know. 

Thomas McTier 

Buckeye Investment Properties LLc

@Bob E.

Bob can your provide me the contact of your PM in the Cleveland area as I’m looking to invest in that market. I’m from Cleveland and know the market well, however still need a good PM.

Thanks

@Sidharta Surya Kusnanto

I would like to connect as I will be investing in Cleveland as well. I’ll message you I’m originally from the Cleveland area so I know it well.

@Nikki Closser

Awesome story!!! Looking for my first deal now. Hope to be able to post soon about it.