Hey everyone my name is Mike, and i'm new to this site!
I'm from California and am looking to invest in rental properties in Ohio. i've heard a lot of good things about returns in Cleveland and Toledo and was wondering if anybody could help me find a realtor and property manager in these areas and what the investment climate was like there.
Welcome! I can't speak to Toledo but in terms of Cleveland the brokerages, Howard hannah, Remax, etc almost all do property management. Then you will find quite a few smaller companies as well. PM is very important especially if your looking to buy lower priced properties.
Feel free to reach out if you like, I would be happy to share with you what I am seeing investors doing in the Cleveland area.
@Mike Lee Send me a message and we can talk a little more about the Cleveland Duplex/ Multi family market. I currently work with a few investors that buy multi's in the area. I can provide you with a few prop managers I have worked with in the past. We just listed a Tri a few months ago that looks to be cash flowing well. Let me know what I can do for you!
welcome to the site.
Cleveland has a strong rental market. I only invest/operate in Cleveland so I do not know how it compares to Toledo.
Welcome to BP.
Mike there are plenty great realtors in PB that can help you. If you need more connections there send me an private message I get you more name and numbers you can call them.
@Mike Lee while I haven't personally had dealing with @James Wise (yet) having him on your team would seal the deal for me, having talked to him and seeing his reviews he is well respected and for a PM that's kinda crazy, as a experienced person talking to him he has my respect. Your PM will make or break you in any market, just saying.
BTW Welcome to BP!
Thank you for the kind words @Jeremy Tillotson
Hi, I manage about 800 rental properties in Toledo. While I cannot speak about Cleveland, I can tell you we do not have point of rental. Point of rental is local legislation that requires government permits before you can rent the house. I have heard areas of Cleveland may have them. Investigate before you invest..good luck
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