Anyone investing in Toledo Ohio
Hi I’m looking at investing in Toledo Ohio because I have family there. I live in Hawaii and the market here is too high that’s why I want to go Midwest. I’m hesitant because of the high property tax and slow growth In the area. Any advice would be appreciated.
Most Popular Reply
I mostly invest in 43560, 43615 and parts of 43614, it just depends on your budget and plans. Where I invest there is always demand due to lack of inventory. Northwest ohio has been losing population for like 40 years however people will always want to live in nice neighborhoods with good schools. From the forums, a lot of investor operate out of 43612, they are usually local and very hands on. If you are attempting out of state investing into tough neighborhoods, buyer beware. I'm looking at Perrysburg school district as well, but haven't bought yet.
My returns are acceptable for me for the amount of risk and headache I'm willing to take. Tough neighborhoods on paper have returns in outer space but from what I've seen the reality is much different.