Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Classifieds
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 1 year ago on . Most recent reply

User Stats

28,701
Posts
19,716
Votes
James Wise#4 All Forums Contributor
  • Real Estate Broker
  • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
19,716
Votes |
28,701
Posts

Turnkey Investors BEWARE of Ohio!!!

James Wise#4 All Forums Contributor
  • Real Estate Broker
  • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
Posted

Ohio is one of the most popular destinations for turnkey investing. Folks from California, New York, Denver, Portland and various other expensive markets are always getting persuaded to go to places like Cleveland, Akron, Canton, Cincinnati, Columbus, Dayton, Youngstown or Toledo. 

It can be very tempting to come here to Ohio to buy some super cheap Section 8 properties in all of these cash flow markets. Just remember ya'll, it's a tough business. It's a tough ride. Many of these tenants act like complete and total animals. Trust me I've made millions managing 1,000's of them in many of the above markets. It's not just an Ohio thing either. You'll get the same experience in Detroit, Kansas City, Indianapolis, Baltimore, Pittsburgh or Memphis.

On HoltonWiseTV we're committed to showing you guys the true realities of investing out of state in these kinds of markets. I highly suggest you check out what we've got going on before you buy a long distance rental property.

CLICK HERE for a quick little taste of what I am talking about. From there, you'll be more prepared to know what you're signing up for, because it ain't all sunshine and rainbows out here.

Offering
Cleveland, Ohio

Most Popular Reply

User Stats

28,701
Posts
19,716
Votes
James Wise#4 All Forums Contributor
  • Real Estate Broker
  • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
19,716
Votes |
28,701
Posts
James Wise#4 All Forums Contributor
  • Real Estate Broker
  • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
Replied
Quote from @Michael Smythe:

This is most Class C & D property areas!

 "Every hood's the same
Every hood's the same
Every hood's the same
Every hood's the same
Every hood's the same, stop trippin on it"

- Ice Cube

Loading replies...