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Updated almost 5 years ago on . Most recent reply

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38
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12
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Leonard Sanford Jr
  • Rental Property Investor
  • Ann Arbor, MI
12
Votes |
38
Posts

Syndication in Toledo!

Leonard Sanford Jr
  • Rental Property Investor
  • Ann Arbor, MI
Posted

Happy Friday All!

I am a new REI currently located in Ann Arbor, MI! I am looking to collaborate on a JV with other like minded individuals in the Toledo, OH area! Really looking to purchase several positive cash flowing MFHs but would be open to exploring SFHs if the deal makes sense for us! Hope to connect with someone soon!

Most Popular Reply

User Stats

244
Posts
262
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Mike Mocek
  • Property Manager / Licensed Realtor
  • Toledo/Columbus, OH
262
Votes |
244
Posts
Mike Mocek
  • Property Manager / Licensed Realtor
  • Toledo/Columbus, OH
Replied

Hello @Leonard Sanford Jr 

Welcome to the Toledo Investment Market! When reviewing Toledo properties you will discover that the Toledo market is different from all others, not to mention, extremely low purchase prices on fixer uppers as compared to their retail value, Toledo is full of promises. The need for quality residential and commercial space has become astonishing, making the right investment in Toledo is sometimes not easy with so many different projects to choose from. Whether it is Single-Family homes, Multi-Family homes, mixed use or any other type of property, with such a high demand in Toledo, it rarely stays on the market for a great length of time.

Some reasons why so many people are flocking to invest in this cosmopolitan community would be:

- Low inflation
- One of the safest cities in Ohio
- Low cost of living
- Growing metropolitan

Some questions you might want to ask yourself is, Do you have your power team in place? Have you been to Toledo and drove around town? What areas specifically interest you? I am local to the Toledo area, both a Licensed Realtor and Property Manager so if you need any type of help I will be more than happy to assist!

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