Investing in Toledo, OH

[Bryan Satter]

I am considering properties in Toledo. Mostly in the university area if possible. I am out of state investor. Have a good boots on the ground contact there, but looking for any input of other investors who have experience in this market. Properties are not terribly expensive and seem to yield good cash flow. Appreciation doesn't seem likely. Mostly looking for cash flow in a value-add property, and just equity through principle pay down. Nothing crazy. Just get rich slow stuff! 

I have had great experience with this strategy in suburban Nashville as well but properties tough to come by in that market!

Thanks in advance BP!

[Mike Mocek]

Hey There!  @Bryan Satter I am an investor myself, aside from Property Management and being a Realtor.  I invest in Cleveland, Akron and Tampa, FL.  When reviewing Toledo properties you will discover that the Toledo market is different from all others, not to mention, extremely low purchase prices on fixer uppers as compared to their retail value, Toledo is full of promises. The need for quality residential and commercial space has become astonishing, making the right investment in Toledo is sometimes not easy with so many different projects to choose from. Whether it is Single-Family homes, Multi-Family homes, mixed use or any other type of property, with such a high demand in Toledo, it rarely stays on the market for a great length of time.

Some reasons why so many people are flocking to invest in this cosmopolitan community would be:

- Low inflation
- One of the safest cities in Ohio
- Low cost of living
- Growing metropolitan

I would be more than happy to discuss the Toledo market (Or any other market if you wish) feel free tor each out!