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Updated over 5 years ago on . Most recent reply

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Luis Velez
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Out of State Turnkey Rental Properties Using a H.E.L.O.C

Luis Velez
Posted

I'm looking for 1, possibly 2 turnkey out of state properties to purchase. Looking to spend no more than $50K on each property. I also need a property manager to help me maintain the properties. I'm new to this, but ready to take massive action with someone interested in growing a relationship that could develop into more properties throughout the country. 

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Originally posted by @Matt Everling:

@Nathan Williams so would you still consider Cleveland or Columbus or will you now focus on Indianapolis?

We still will keep an eye out for those markets but they likely would not be our first choice.  We ultimately didnt choose Cleveland due to the high vacancy rates and overall population decline.  Columbus seemed to be trending in the right direction but the overall rent return to property value ratio left alot to be desired.  

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