Investment
Partnerships
Gary Geist
Daniel Ringwald
Both Gary Geist and Dan Ringwald
have similar approaches on how they
build and run their real estate investment
businesses. You could call it Real Estate
Investing Made Easy for investors that
want to join them.
I
by Gary Geist & Daniel Ringwald
nvesting in real estate is
something anyone can do
and it can be both fun and
very rewarding financial-
ly. However, if you make
erroneous decisions up front,
without doing proper due
diligence, you run the risk of buying
serious problems with mounting costs
instead of a safe haven to park your
hard earned money. It is an excellent
time to get into real estate and if you
do, you need to have a good plan and
an excellent team to support your
investments long-term.
the team you have supporting you and
your investment than the old proverbial
expression –— Location, Location, Loca-
tion. Location is important, no question,
but having the right team helping is just as
important if not more so. Good properties
soon become poor performers, then money
pits and finally devastating losses if they
are mismanaged.
Building a solid team to help you invest
is key to your success in real estate. Both
Gary Geist (www.HomeReplay.com) and
Dan Ringwald (www.NationalHomeBuy-
ersLLC.com) are experts in building teams
for investing purposes. Recently, Gary
and Dan joined forces to work jointly
helping investors who want to invest in
the Midwest. Current operations include
Fort Wayne, IN, and Cincinnati, Colum-
bus, Dayton, Springfield, and Xenia, OH.
Did you ever wonder why some inves-
tors go broke while others who own
similar properties consistently make
10-15% return on their investment
every year? It has more to do with
Realty411Guide.com
PAGE 102 • 2014
They both have over 30 years of experi-
ence each in real estate investing includ-
ing single family properties, multi-fam-
ily properties, land developments, and
property renovations. In fact, HomeRe-
play won the coveted 2013 ARCHie
Award for Residential Rehabilitation in
Fort Wayne, IN from the Architecture &
Community Heritage organization for
Allen county and northeast Indiana..
Rental properties are only as good as
the property manager. Let’s face the
truth - property management companies
have all their loyalty fixed squarely on
themselves and the commissions they
make from the rental income and the
overhead charges from the repairs they
make to your property. In many cases,
the tenants are ignored and the investor
(owner) is last on the list and ends up
holding the bag. This is a real problem
in the world of real estate investing
and one that needs to be managed by
the investor himself - don’t leave it to
chance or your emotional attachment to
the person you met at the property man-
agement company. Let them manage
your properties if you must, but always
reWEALTHmag.com