Our Mission
“We strive to be an organization of investors that builds, and maintains a community of active, energetic investors that empower each other to increase productivity and profitability.”
— Property Investors Network
Our History
PIN’S CALL TO ACTION
PIN was formed in 2016 in response to a lack of landlord activism and professional excellence within the City of Toledo.
The result was a growing hostility towards landlords as media examples of “bad apples” became the perception of all landlords. In the Summer of 2016 Toledo and the Lucas County Health Department enacted the “Toledo Lead Safe Ordinance”. The ordinance unfairly targeted small landlords with 1-4 unit properties throughout Toledo and threatened them with fines, fees, and civil/criminal prosecution. PIN began its first formal meetings in January 2017 with the focused goal of funding a lawsuit against the lead paint ordinance and working to shed light on the benefits of responsible landlords and their contributions to Toledo.
In July 2018 PIN’s lawsuit was successfully completed: the Lead Safe Ordinance was ruled unconstitutional and a permanent injunction was put in place.
PIN continues to participate in City of Toledo and Lucas County legislative efforts to ensure any future ordinances are fairly structured and reasonably enforceable.
PIN’S ROLE IN TOLEDO
An estimated 50% of Toledo’s properties are rental properties providing housing to as many as 139,000 Toledo residents. Statistics for Toledo properties, average taxes paid, and total taxes paid by investors. Under Construction
Board of Directors
Richard Glesser, President
Lead Professionals oh-mi-inspection.com
Cindy Young
Cindy Young is a founding member of PIN and full time real estate investor focusing on buy and hold. She enjoys playing games, outdoor activities and travel with a goal to visit every National Park.
Ethan Dugan, Secretary
A realtor and investor that enjoys learning creative acquisition and disposition strategies, sharing ideas and hanging out with good, like-minded people.
Don Newman
Don Newman is President of Greater Metropolitan Title and also owns 40 rental units. Don is one of the founding members of PIN and Past President of Ohio Real Estate Investors Association.
Carol Walls
Carol was born and raised in Allen Park, MI. She and her husband Bob have a German Shepherd dog named Dusty, and no children. Carol started investing in rental properties about 30 years ago by accident, and 27 years ago on purpose. Her niche in real estate is single family homes, mostly acquired through pre and post foreclosure, and pre and post probate, and referrals. They fix them up and rent them. They also offer a path to home ownership thru lease-options.
Jeff Wilcox
Jeff and his wife have managed Superior Properties USA, for the past 24 years. Superior Properties USA has rental homes and apartments in Ohio and Indiana. Jeff greatly enjoys 2 of the 3 major real estate business activities; 1) engaging with residents, 2) hands-on work for repairs, maintenance and capital improvements but dislikes the bookkeeping that comes along with running a business.
Jeff’s “full-time” role is that of a Financial Advisor. His passion is to serve others, helping them build customized strategies for their financial goals and partnering together to keep them on track. Becoming a Financial Advisor in 2016 builds on his professional training, skill set and 31 years of educational leadership experience as a Principal or Superintendent of 5 Christian schools throughout the Midwest.