Investor-friendly realtors/contractors in Toledo, OH?

Question

Thanks.

Andrew Fidler · Answer

Hi Sean, I'm more of a one-stop-shop adding property management. You name it here in Toledo and I've probably interacted with the neighborhood and the housing layout.

Let me know what you are seeking, I can personally advise your entire portfolio or pair you with a basically capable and responsive realtor.

The only thing I can't help with is the contractor side...we are contractor limited and I guard my good contractors like the gold they are. I've also had several good contractors go bad once they interacted with weaker personalities so I don't even refer names out to my fellow investors within my REIA after some came back with complaints.

We are running 5 complete rehabs a month, so I have the manpower, I simply ensure they operate solely under my contracts and are paid from my bank account.

With the right capabilities on the ground, Toledo is a great place to invest...I have the same properties and investment neighborhoods I did a decade ago in my own portfolio.

Chad Boyers · Answer

@Sean Mcintire I think that rentals are generally better in this area, but remember, it's really a class D area, so there are also higher risks with these neighborhoods and tenants than in class B or C areas. I have an investor that does decently well in a comparable neighborhood, but he is local, which makes it much easier to keep an eye on the properties and tenants.

Sean Mcintire · Answer

@Chad Boyers Thanks. IS a rental a MUCH better option or just forget it altogether IYO?

Chad Boyers · Answer

@Sean Mcintire I'll suggest against F&F in general in that area, but it can be done. There is one right now on that street where it was bought for $5,000 and is listed for $35,000 (20 DOM so far). Another one was purchased through the county land bank for $18k and sold for net $62k. Another was bought for $15,725 and sold for net $54k. Nothing else has sold in the neighborhood (north of Airport, west of Fearing) for over $36k in the past 6 months. You really need to have a solid plan to make F&F work there. Best of luck!

Sean Mcintire · Answer

@Andrew Fidler Hi, Yes, we are in DD for a house for$18k on Dunham St, Toledo, OH 43609. What do you think? GOod F&F or rental or bad altogether? Thanks.

Sean Mcintire · Answer

Thanks!

Investor-friendly realtors/contractors in Toledo, OH?

Investor-friendly realtors/contractors in Toledo, OH?

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