Updated over 9 years ago on . Most recent reply
Youngstown OH Property Management sought
Hi BP,
I've found a deal I'm vetting out for purchase, it's 3 Section 8 homes in Youngstown, fresh renovations, fresh leases, and the price is right.
However, I'm in Scottsdale, and they're in Ohio, and I need to find the crucial part of making this work - a good manager.
Been landlording for a couple years, but this would be my first out of state deal, and I'm pretty diligent about vetting this stuff out - some painful lessons have been learned over the years.
Anyhow, I'd take any type of feedback I could from you about the Ohio markets, good/bad mgmt experiences, and/or section 8 experiences. If I need to plan to go see these places, so be it.
Most Popular Reply
@Darwin Crawford - The vast majority are lifetime renters which makes this market great as long as you find the good ones, which I imagine can be difficult in any market. The majority of people who are going to buy seem to just do so right out of the gate since it's so affordable, you can easily purchase a home around $50-60k in a decent area so it makes sense for those who will eventually buy to just buy now.... plus there is a major lack of high quality rentals in most of our market as well which I don't blame the property owners for, in this case the majority of renters will take whatever they can find that the landlord will approve them for.