Higher uptick in Turnkey availability ?

[Nate Sanow]

Just curious if you are seeing more and more “turnkey” properties available in your market? I am beginning to notice that here, particularly in the off market sector.

Inherited tenants always present a unique challenge but I’d imagine even more so now.

Could be where the next rush of opportunities are and not necessarily in a massive foreclosure rush.

Thoughts?

[Tom Ott]

Originally posted by @Nate Sanow:

Just curious if you are seeing more and more “turnkey” properties available in your market? I am beginning to notice that here, particularly in the off market sector.

Inherited tenants always present a unique challenge but I’d imagine even more so now.

Could be where the next rush of opportunities are and not necessarily in a massive foreclosure rush.

Thoughts?

Turnkeys have been going in the blink of an eye in Cleveland ever since the beginning of 2020. This pandemic has only made them go faster!