New to out of state rentals

[Brandon Goodrich]

Hi my name is Brandon and I’m new to buying out of state rental properties. I own a single family home that I now rent out in ca. I’m looking to get into the Cleveland Ohio market for my first out of state rental property. I’m looking for recommendations on realtors, property managers, and contractors.

[James Wachob]

Hey @Brandon Goodrich! Cleveland can definitely be a solid market to start in, but you’re asking the right question because your success will come down to the team you build on the ground.

I’d start with property managers first. They’ll give you real insight into rents, tenant demand, and which areas to avoid. That’s way more valuable than just relying on listings. From there, connect with an investor-friendly agent who understands numbers and can help you source deals that actually cash flow. Most investors also find contractors through their PM or agent to reduce risk.

Make sure you vet for communication, systems, and transparency. Especially since you’re out of state. That’s usually where things go right or wrong.

I’m a real estate agent based in Memphis and work with out-of-state investors building rental portfolios. While Cleveland can work, many investors also explore Memphis because of stronger rent-to-price ratios and a more established investor network.

If you ever want to explore, learn, or look at deals in Memphis, I’d be happy to connect and help however I can.