We’re thrilled to announce two important updates within our vendor network at Greater Dayton REIA!

**Welcoming Our New Vendor Relations Chair – Paul Fiamengo**
A longtime member and seasoned investor, Paul Fiamengo is stepping into the role of Vendor Relations Chair. Paul brings a wealth of experience and dedication to strengthening the connections between our vendors and members. He looks forward to working with our current vendors and expanding the products and services available to our community.

For more details, visit our Board and Chairs page!

**Introducing Our Newest Vendor – Rodney Hines of Farmers Insurance**

Read More...

 Ever feel like you're putting in a ton of effort into your business or investments, but the results just aren't matching up? It's a common frustration, and it often leads to one major problem: burnout.

As GDREIA Vendor member, Chad Harris, discusses in his latest podcast, burnout isn't just about working hard; it's often the direct result of putting in effort and not seeing the desired outcomes. When we feel like we're spinning our wheels, it's natural to get discouraged!

The Common Trap (and The Real Solution):
Many of us believe that if we just work harder on everything, success will follow. We try to manage every detail, pursue every opportunity, and perfect every task. While dedication is crucial, this "scattergun" approach can be counterproductive.

The truth is, we don't have to put massive effort into all actions.   The real secret [...] lies in identifying the one or two key areas that will truly move the needle forward. Then, it's about applying "massive
Read More...

I remember when I attended my first seminar, and the speaker said you have to have a system and discipline. I knew what the system was because he was teaching it. But I did not know what the discipline was until I began to apply the system. The discipline is that you have to take the action to make the system work properly. Through months and years of trial and error, I now know what he meant by discipline. I had to discipline myself to always take action, even when I didn’t feel like it. Despite all the easier softer ways of doing things today, I still sometimes don’t feel like it. But I force myself to take action.

Many years ago, I found something on the internet that I printed and framed, and it is on my office wall. It’s called, the “7 Excuses”.  I can’t do it, I’m not feeling it right now, I’m too busy, I’m too tired, there’s no guarantee it’s going to work, I’m not good enough, and my luck sucks. I still to this day do not know who the author is, but I read that from time to time to keep me motivated. I always check to see if I’m making excuses. Let’s break it down.

I can’t do it: if that’s what I’m thinking, I&rsq
Read More...

 When we see reports regarding the "Dayton" housing market, they usually include the entire area. But here is my report for those who invest in the city.

Trusts can be a powerful tool to have in your financial tool box. They can be a resource to help you build your financial wealth if you learn how and when to use them.

The first step is to understand the two main categories of trusts, revocable and irrevocable. When you use them, think of it as pulling a hand tool versus a power tool from your toolbox.

For example, a revocable trust is similar to a hand tool, relatively easy to set up and use. It is easier to administer and relatively inexpensive. A revocable trust can be changed easily and offers some asset protection.

A common way to use a revocable trust is a Land Trust which can hold investment properties and personal homes. Another common use is a Personal Property Trust which holds cars, boats and even notes. A living trust, used mostly for estate planning, can hold your personal home, assets, stocks and bank accounts.

An irrevocable trust is similar to a power tool because it is a little more complex to set up and operate. There are more rules to follow. It can cost more and can be permanent but it offers much better asset and privacy protection.

Landlords have always had the ability to woo business travelers to their rentals. 

But now that online travel agencies such as Airbnb, HomeAway, and TripAdvisor have gone mainstream, it’s easier than ever!

Let’s define a corporate rental as dwelling that’s lease directly to a company or a business traveler who has a housing allowance. If a company is paying for the rental, and not the tenant, then it’s a corporate rental. 

When a company pays their employees or contractors to work remotely, then that tenant: 1 – Will behave and not embarrass their employer

2 – Will have a binary attitude towards your rates. Either they are within their allowance, or they aren’t.

These two characteristics make business travelers the most lucrative and ideal people for your rentals.

The Opportunity

Business travelers find that with short-term corporate rentals, they are able to afford more home-like conveniences for less. They are able to cook healthie
Read More...

When it comes to rental property investments, choosing between short-term and mid-term rentals can significantly impact your strategy, revenue, and management style. Both offer unique benefits and challenges, depending on your goals as a host or investor. Let’s break down the differences so you can decide which model best suits your needs.

Short-Term Rentals: The Fast-Paced Income Generator

What Are They?

Short-term rentals typically include vacation homes, Airbnb listings, and temporary housing for tourists and business travelers. These stays usually last anywhere from a single night to a few weeks.

Pros of Short-Term Rentals

✅ Higher Revenue Potential – Nightly rates for short-term rentals tend to be much higher than traditional leases, which can result in significant income.
✅ Flexibility – You can block off personal stays, adjust pricing based on demand, and change your rental terms more frequently.
✅ Tax Advantages – In some areas, short-term rentals may qualify for special deductions or tax breaks compared to long-term leasing.
Read More...

If you don’t think that real estate investing is a relationship business, you haven’t been paying attention. 

It’s your connections with other investors that bring you the local knowledge, the referrals to the right professionals, the money, the partnerships, and the deals that let you prosper now, and for years to come.   

But these relationships don’t ‘just happen’ for most people. You have to be intentional about building and maintaining them, just like you’re intentional (I hope) about building a rental portfolio, or a buyer’s list, or a marketing plan.   

Cincinnati REIA exists, in large part, to provide a platform for you to find and interact with like-minded folks who can encourage and help you be successful, but you have to do your part, too. Here are some tips for the 95% of us who aren’t just natural ‘connectors’:  

1. Be intentional about your professional development. There’s no job you can have or business you can be in where your value isn’t enh
   Read More...

Calling all Greater Dayton REIA members—this is your moment to shine! Our quarterly magazine thrives on the incredible experiences, knowledge, and insights of our diverse membership. Everyone has something worth sharing, and we want to hear YOUR story.

Whether you’re a seasoned investor, a budding entrepreneur, or someone with a unique perspective on real estate, your knowledge is invaluable. The simplest tip or a profound insight could be the spark that helps someone else grow their business or overcome challenges. Think about it: you might know something that others don't yet—why keep it to yourself?

By contributing to the magazine, you’ll not only be inspiring and informing your fellow members, but you’ll also be showcasing your expertise to our thriving community. Articles can range from market trends, investment strategies, renovation tips, lessons learned, or even motivational stories about your journey in real estate.

Important Reminder: Submissions for the Greater Dayton REIA Quarterly Magazine are due one month before the first meeting of the quarter. Don’t miss your chance to be featured in an upcoming issue!

How to Get Started:

• Brainstorm topics or ideas you’re passionate about.

• Write down your thoughts or reach out for
  Read More...

Presenters from the National Fair Housing Alliance will review:
 Special Purpose Credit Programs and the intersection of fair housing
 Best practices around community-based equity-focused homeownership
 Highlights of their publication “First Generation Foundations: A Guide to Advancing Equity with First Generation Homeownership Programs”

Ohio Presenters from County Corp and Homeport will:
 Discuss the opportunities they provide in their communities
 Their local equity-based homeownership programs
 Other services that enhance their communities

REGISTER HERE or CLICK THE IMAGE!