Searching for Turnkey Property

Toledo, Ohio
General Landlording & Rental Properties
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Searching for Turnkey Property

Marijana Vukovic
Rental Property Investor · Sweden · Member since 2023 · 2 posts · 3 votes

I am looking to purchase a turnkey rental in Ohio within the next few months. Toldeo looks interesting to me, but I could use some guidance. Can anyone give me more insight on how taxes are in Ohio, and if there’s any specific areas of Toldeo that I should be keeping my eyes on or avoid? Any advice is appreciated.

Thanks everyone!

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Joshua Dariano
Member since 2023 · 1 post · 1 vote
3y

Mansfield, Ohio. Someone just dumped 68 properties last week on the market, all that have tenants are with the same property management company. 

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  • Kyle Tusing
    Real Estate Agent · Northern Virginia · Member since 2019 · 79 posts · 33 votes
    3y

    Just sent you a connection request! Would like to find out a little more to see how I can best provide value and assist you.

    0Reply
  • Harrison Chow
    Real Estate Agent · Columbus, OH · Member since 2019 · 292 posts · 364 votes
    3y
    Quote from @Marijana Vukovic:

    I am looking to purchase a turnkey rental in Ohio within the next few months. Toldeo looks interesting to me, but I could use some guidance. Can anyone give me more insight on how taxes are in Ohio, and if there’s any specific areas of Toldeo that I should be keeping my eyes on or avoid? Any advice is appreciated.

    Thanks everyone!


     Hi Marijana! Just sent you a DM.

    0Reply
  • Abram Torres
    Rental Property Investor · Rancho Cucamonga, CA · Member since 2020 · 15 posts · 9 votes
    3y
    Quote from @Marijana Vukovic:

    I am looking to purchase a turnkey rental in Ohio within the next few months. Toldeo looks interesting to me, but I could use some guidance. Can anyone give me more insight on how taxes are in Ohio, and if there’s any specific areas of Toldeo that I should be keeping my eyes on or avoid? Any advice is appreciated.

    Thanks everyone!


     We have a rental property in Toledo OH.

    0Reply
  • Account Closed
    Rental Property Investor · Brooke Park Drive · Member since 2018 · 1k+ posts · 2k+ votes
    3y

    There are many ways to research areas to avoid in Toledo. One way that came up recently from @Eric Puffenberger is a map of properties the city is going to demolish. These are mostly D/F areas to be avoided.

    1Reply
  • Eric PuffenbergerBusiness Member
    Toledo, OH · Member since 2022 · 46 posts · 26 votes
    3y

    Thanks for the mention @Account Closed  Toledo has done a nice job the past 4-5 years removing a lot of the run down homes. At one point, they were demolishing one house per day, but I am not sure of the current rate.  Getting rid of the blight gives the well maintained homes a chance to anchor the neighborhood.

    Investors who buy a home with a vacant lot beside it can usually buy the lot for $150 and make a nice side yard out of it.  I especially like this strategy on properties that are in the Garfield and Vistula District.

    0Reply
  • Joshua Dariano
    Member since 2023 · 1 post · 1 vote
    3y

    Mansfield, Ohio. Someone just dumped 68 properties last week on the market, all that have tenants are with the same property management company. 

    1Reply
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