5 Real Estate Investing Tips For Beginners

1. Don’t Start Big
There’s no need to start out by buying a 50-apartment complex or expanded real estate investment. Your best bet is to start small. Get yourself a single condo or house, which allows you to get your feet wet and explore what it’s like to be a landlord. You may find that you love it, and end up making more real estate purchases over the years. On the other hand, if you decide it’s not for you, it’s much better to find out after a single, small investment.

 2. Keep Your Emotions in Check
Investing in real estate can be an emotional thing. In many cases, you either love a property or you don’t, but from an objective standpoint, you should review it for its resale potential. It doesn’t matter if you love the floor plan or amenities, it all depends upon how much you can get for the property when the time comes to sell.

 3.  Investigate Banks, Realtors, and Mortgage Brokers
Since you’re more than likely financing some of your own investments, start investigating banks. Although you should definitely look to your current institution, you may find better rates with the competition.

4.  Have an Exit Strategy
As with any other investment, the real estate market can go south virtually anytime. Even though things seem strong at the moment, we could face a downturn similar to what took place in 2008 and 2009. Acknowledge that the time may come when you need to cut your losses, and be ready to make a sale whenever the need arises.

5.  Reach Out to Investors in Your Area
As a beginner, you should research online whenever possible and also reach out to local real estate investors who can give you more personalized advice and tips. One of the best ways is to use a website like Meetup, which often lists local gatherings of real estate investors. Pick their brains for any questions you might have, along with other pointers they can provide.

The Rookwood Pottery Company Story

Maria Longworth Nichols Storer, daughter of wealthy Joseph Longworth, founded Rookwood Pottery in 1880 after being inspired by what she saw at the Centennial Exhibition in Philadelphia, including Japanese and French ceramics. The first Rookwood Pottery was located in a renovated school house on Eastern Avenue which had been purchased by Maria's father at a sheriff's sale in March 1880. Storer named it Rookwood, after her father's country estate. The first ware came from the kiln on Thanksgiving Day of that year. Through years of experimentation with glazes and kiln temperatures, Rookwood pottery became a popular American art pottery, designed to be decorative as well as useful. Clara Chipman Newton was the archivist and general assistant, as well as a china decorator, for the first decade of the pottery; she shared with Storer the responsibility for overseeing the decoration and glazing. The second Rookwood Pottery building, on top of Mount Adams, was built in 1891–1892 by H. Neill Wilson, who was son of prominent Cincinnati architect James Keys Wilson.

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OHIO - It's called POP not SOAD

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We always knew that in some parts of the country a soda was called a pop (or vice versa), and in other regions all pops (or sodas) were referred to as a Coke. But thanks to the research and mapping by Matthew Campbell and Prof. Greg Plumb of East Central University in Oklahoma, we can see exactly who says what and where.

Referring to the carbonated soft drink as a Coke (even if it's not a Coca-Cola) is common in the southern states, soda is the term for it on the northeastern coast and pop is the word in the midwest. What do you call it? And where are you from? Leave a comment below!

Inventory, Sales Expected To Improve This Year

If you're thinking about buying a house, you're probably focused on finding something that fits your lifestyle but doesn't blow a hole in your budget. In short, you want to find the best house for your money. In a market where there are too few homes for sale, though, this can be difficult. That's because a lack of homes for sale means more competition, bidding wars, and fewer choices. Fortunately, though many markets are suffering from a lack of inventory, Fannie Mae's Economic and Strategic Research Group sees change on the horizon. According to their most recent housing market forecast, they expect new and existing home sales to improve through the rest of the year due to increasing inventory. Doug Duncan, Fannie Mae's vice president and chief economist, says too few homes for sale has been the main factor holding sales back. “While home price appreciation has largely moderated – particularly compared to the recent past – and demand for modestly priced homes has proven strong and resilient, the lack of affordable inventory continues to cap sales and limit the potential pool of would-be homeowners,” Duncan said. But as inventory improves and price increases continue to slow, home buyers will have an easier time finding a house that fits their needs and budget. More here.

Oakley Drive-in Movie Theater – The Last of its Kind

The Oakley Drive-in Movie Theater opened on September 6, 1956 with a screening of the 1956 Alfred Hitchcock directed drama/thriller “The Man Who Knew Too Much” with James Stewart and Doris Day. The second feature was the 1956 western “The Proud Ones” with Robert Ryan, Virginia Mayo and Jeffrey Hunter.

In May 1963, the Oakley Drive-In was sold to National Amusement from Boston, MA. In the late-1980’s National Amusement had started closing their drive-in theatres because of not being profitable anymore. They converted some of the sites into Showcase Cinemas, Cinema de Lux Theatres and other venues. Some of the drive-in’s they just sold the properties.

National Amusement finally closed the Oakley Drive-In at the end of the season in 2005. It was the last drive-in movie theater in the city of Cincinnati.

The property was sold in 2007 and is now a pet salon and assisted living community.

10 Things you may not know about Kings Island the BEAST

The Beast is still growling and prowling after all these years and shows no signs of slowing down.

In fact, The Beast remains Kings Island’s most popular attraction, despite competition from other world-class roller coasters at the park like Banshee, Diamondback and Mystic Timbers.

Here are 10 things you may not know about the world’s longest wooden roller coaster – something to keep you busy while waiting to ride:

1. By the time workmen had completed the massive Beast construction in March of 1979, they had used 650,000 board feet of southern pine lumber; 37,500 pounds of nails; 82,480 bolts and washers and 2,432 square yards of concrete.

2. The Beast has given 53 million rides since its debut in 1979 – third most in park history behind the Racer and K.I. & Miami Valley Railroad.

3. Each of the trains has traveled more than 900,000 miles. That’s the equivalent of 35 times around the world!

4. The drop on the first hill is 135 feet, descending at a 45-degree angle; the second hill is 63 feet at a 32-degree angle; the drop on the second lift hill is 141.5 feet at an 18-degree angle.

5. Members of the Kings Island maintenance department walk every inch of The Beast track every morning before the park opens. It’s a nearly four-hour trip they start at 5 a.m.

6. The Beast has three tunnels: The first is 125 feet; the second is 269 feet and the third is 628 feet, for a total of 1,022 feet of darkness.

7. It cost $3.5 million to build The Beast from 1977 to 1979. It would cost over $20 million to re-create it today.

8. The Beast’s debut at Kings Island was followed the next year by its debut in the Guinness Book of World Records. It set the record and still holds it today for the world’s longest wooden roller coaster at 7,359 feet – making it a 4 minute, 10-second trip.

9. The Beast was constructed in less than a year, after two years of research and design – all by Kings Island personnel. Al Collins and Jeff Gramke were the chief designers of the ride.

10. The original design was modified multiple times, so many times in fact the finished product looked nothing like the one envisioned when the project began in 1976.

Free Union Terminal Behind the Scenes Tour

I love Union Terminal! I love this place so much because you go back in time. Have you ever been here before? Did you know they offer FREE Rotunda Tours every Saturday and Sunday?

Sat: 12:00 p.m., 1, 2, and 3.

Sun: 1,2, and 3 pm.

Cost: Free

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Cincinnati Union Terminal is an train station and museum center in the Queensgate neighborhood of Cincinnati, Ohio.

Union Terminal's distinctive architecture, interior design, and history have earned it several landmark designations, including as a National Historic Landmark. Its Art Deco design incorporates several contemporaneous works of art, including two of the Winold Reiss industrial murals, a set of sixteen mosaic murals depicting Cincinnati industry commissioned for the terminal in 1931.

Cincinnati's union terminal was developed throughout the 1920s as a solution for Cincinnati's five train stations serving seven railroads. Construction took place from 1928 to 1933, including creation of viaducts, mail and express buildings, and utility structures: a power plant, water treatment facility, and roundhouse. The station was well-utilized at its opening through World War II and into the 1950s. In the next two decades, it briefly held several attractions to provide income, offsetting declined transit use. Train service stopped there in 1972, as Amtrak built the River Road station, cheaper to build and maintain than operation of Union Terminal. After the building's 1990 renovation and creation of the Cincinnati Museum Center, Amtrak returned to the terminal in 1991. A larger renovation from 2016 to 2018 restored the building.

For more info: www.cincymuseum.org/union-terminal

Urban Core of Cincy Real Estate year-to-date Market Update

The Urban Core of Cincy 2019 Real Estate to-date has been a record-breaker! Here’s a 2019 year-to-date Real Estate Market Update for Downtown and OTR. With all the wonderful changes to the urban core these changes affect values, including yours. If you want to know the current value of your property, click below for an instant property evaluation.

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