A question  for  turnkey providers  and those who work with out of town investors in Cleveland:  

I know the owner  occupied market is super hot right now  but have you seen any slow down/ hesitation/ cancellation  on the single family turnkey in Cleveland? 

Thanks 

Itay 

@Itay Heled

I'm not a turnkey provider per se, but we have a couple tenant occupied single family properties listed as well as some larger multifamily and it doesn't seem that much different from that last couple years. I think you're spot on about owner-occupied stuff as those are selling within a month or so if it's priced right. We are getting lots of offers on the larger MFH, but single family tenant occupied is mostly sitting at the moment. I think the Cleveland market is generally like that anyhow, but I could be wrong as I've only been in the market for about 3 years and mostly on the buying side of things.

Originally posted by @Itay Heled :

A question  for  turnkey providers  and those who work with out of town investors in Cleveland:  

I know the owner  occupied market is super hot right now  but have you seen any slow down/ hesitation/ cancellation  on the single family turnkey in Cleveland? 

Thanks 

Itay 

 Nope. No slow down whatsoever.

Originally posted by @Itay Heled :

A question  for  turnkey providers  and those who work with out of town investors in Cleveland:  

I know the owner  occupied market is super hot right now  but have you seen any slow down/ hesitation/ cancellation  on the single family turnkey in Cleveland? 

Thanks 

Itay 

 Owner-occupied is hotter for sure, but the investments are still there. It just seems like both sectors are growing in popularity at this point. I wouldn't call anything a slowdown in this market.

Tom thanks for the feedback good to know! I had two deals under contract that cancelled so wasn't  sure