Looking to BRRR in Toledo Ohio

[Abe Rouz]

Hi all, 

I’m currently looking into the market of Toledo Ohio and want to get in touch with over investors, real estate agents, contractors, property managers in the area as I’m looking to invest in multi family for purpose of buy and hold. 

Thank you 

[Jackelyn Lee]

Quote from @Christopher Abele:

Good luck.

I’m in the Toledo market. I can tell you:

1.) Like everywhere else, there is a shortage of contractors in Toledo. Finding a good one is extremely difficult.

2.) Realtors are going to offer you properties on the MLS. At least in the pockets that I buy there hasn't been a solid Brrrr opportunity in over a year posted there.

3.) Toledo is neighborhood specific. Within the same zip code you can have million dollar houses and homes where you need a vest when collecting rent.

4.) Quality of work is important and photos do not show quality of work or shortcuts.That assumes that your contractor gets to the point of a finished product without abandoning the job.

If you want to invest in Toledo my recommendation is to spend a week out here. Plan your visit around one of our REIA meetings and attend so that you can network. Alternatively you could start with finding a PM, as they cater to OOS investors more.

Here are 4 PMs, but do your own diligence. This is just a starting point for research and not a personal recommendation.

LaPlante

Serenity

LPG

Buckeye Realty

Interesting. I have personally completed 4 BRRRRS this year and completed about 10 for clients.