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Updated 7 months ago on . Most recent reply

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Pradeep Varghese
  • New York
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Turnkey rental markets

Pradeep Varghese
  • New York
Posted

Would like to know which cities cash flow well for turnkey properties. Also, if someone can recommend a company who sells turnkey properties in these cash flowing cities. Thanks.

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Samuel Diouf
#4 Out of State Investing Contributor
  • Real Estate Agent
  • Columbus & Cleveland, OH
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Samuel Diouf
#4 Out of State Investing Contributor
  • Real Estate Agent
  • Columbus & Cleveland, OH
Replied

When looking for cash flowing markets.. a lot of investors, including myself, are looking in cities like Cleveland.

Cleveland currently has one of the lowest price/rent ratios in the Nation, with the average home price being $107k and the average rent being $1,416/Mo.

When investing in high cash-flow markets, I always recommend working with an investor friendly agent so you're able to gain the right insight on the different areas and the risks involved.

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