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2018-01-03 First Wednesday Meeting – January, 2018 | By: Fellow GDREIA Members

First Wednesday Meeting – January, 2018
By Larry D. Hudson

Veteran landlord and property investors’ mentor Brad Grayson headlined the first Greater Dayton REIA meeting of 2018. The Columbus, IN-based landlord and teacher promised attendees ways to increase their rental income immediately – and few left disappointed by the claim. Calling traditional approaches to landlording outdated and counterproductive, Brad described his approach as “Giving tenants what they want and letting them pay you for it.”

From saying “yes” to tenants with pets, allowing them bi-weekly or even weekly debits for rent, to renting them furniture, Brad has found ways to offer more to tenants and collect more rent.
 
Greater Dayton REIA member Antoine Draines introduced Brad to the audience – and told a bit of his own story to the meeting. When he joined the REIA a few short years back, he was an active service member looking for a way to get a foothold in real estate investment. Today, Antoine explained, he controls some 200 rental units! He credits his association with Greater Dayton REIA for helping him change his financial future.
 
Earlier in the meeting, longtime Greater Dayton REIA member and investor Mike Frye shared a real estate market update for the Miami Valley and beyond. Mike’s generally upbeat report painted a picture of a local and regional market still headed upward in demand and prices – with a smaller supply of existing units for sale. Construction of new units continues to rise, he said. The next pause in the market, he suggested, is still somewhere over the horizon.
 
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