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Updated over 3 years ago on . Most recent reply

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3
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6
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Edrin Shamtob
  • Encino, CA
6
Votes |
3
Posts

Rental Properties in Akron, Ohio

Edrin Shamtob
  • Encino, CA
Posted

I am a lawyer from Souther California and new to investing in real estate, I am looking to gain some experience and further my knowledge. I am going to be flying out to Ohio in a few weeks to look at some properties in the city of Akron. I am looking in Akron mainly for two reasons. The first being it would cost me a great deal more to gain this experience in souther California as it is much more competitive of a market with much higher property prices and the second being that Akron seems to have low cost homes with a seemingly good ROI. Could you please shed some light on your experience in the area? Do you think it would be difficult to find trustworthy contractors, real estate agents and property manager companies being that I live far away? I've been in contact with a few agents but I am not sure if they are good and would like to know if anyone have had any positive experiences with any particular contractors, real estate agents and property manager companies . I thank you for all you help. Finally, I would love to trade any help for legal advice haha

Most Popular Reply

User Stats

149
Posts
50
Votes
Tim Debronsky
  • Full-Time Investor & Agent
  • Amherst, OH
50
Votes |
149
Posts
Tim Debronsky
  • Full-Time Investor & Agent
  • Amherst, OH
Replied

@Edrin Shamtob  We currently own several rentals in Akron and Cleveland.  Like most larger cities there are good and bad areas.  Good Year Heights and Firestone park are two areas that I know you can still find good deals and are nicer blue collar neighborhoods.  I have a friend in Akron who owns over 100 rentals and knows the place like the back of his hand after 30 years of investing there.  I personally prefer rentals in the Cleveland market.  I'm interested in selling my Akron rentals.  Message me if you are interested.  

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