Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Toledo Real Estate Forum
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 4 years ago on . Most recent reply

User Stats

1,033
Posts
872
Votes
Stephen Brown
  • Real Estate Broker
  • Huntsville, AL
872
Votes |
1,033
Posts

Where to Invest for Out of State Investors

Stephen Brown
  • Real Estate Broker
  • Huntsville, AL
Posted

Hello BP. If you're looking to invest, I believe that the Toledo market has a lot to offer. I've lived here my whole life and I've decided to become an agent so I can help out of state investors invest here. Toledo is a good market because of it's diversity. There are investors here that have long term tenants because the make-up of our economic base is a healthy mix between white and blue collar jobs. Employers here include Promedica, Mercy Health, Jeep, Amazon, Owens Corning, Dana, The Andersons, Owens Illinois, First Solar, and Libbey. We also have several universities: Bowling Green State University, The University of Toledo, and Owens Community College.

You can do well here in single family and multifamily. Earlier this year I made a groupchat for all of the investors in the area and there is one guy who specializes in buying duplexes for $60k and rents each unit for $600 a piece. We have other investors that focus on student rentals. We have another investor who buys in the suburbs and rents out 4 bedroom homes. There are so many strategies here to choose from!

The best thing about our area is the tenants. We have long term tenants here. Families want to stay, primarily due to the school systems or their jobs. Outside of Toledo, in the suburbs, you'll find some of the best school systems in Ohio. Sylvania, Ottawa Hills, Perrysburg, and Maumee Schools.

I really can't say enough about this area. If you find the right neighborhood you can do very well. I've met several investors who have had the same tenant for over 20 years!

Message me if you're interested in learning about the Glass City!

Most Popular Reply

User Stats

5
Posts
3
Votes
Moisei Scutaru
  • New to Real Estate
  • Pottstown, PA
3
Votes |
5
Posts
Moisei Scutaru
  • New to Real Estate
  • Pottstown, PA
Replied

@Stephen Brown Thank you so much for posting this. Just a couple weeks ago I added Sylvania and Toledo to my keywords and I'm looking to learn about the area. I'll PM if you dont mind. Thank you! 

Loading replies...