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Updated almost 8 years ago on . Most recent reply
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Looking to Invest in Ohio (From TX) - Looking to develop team
Hello,
The major Ohio Metros (Cleveland, Columbus, Cincinnati) appear to be some of the best cash flowing metros in the USA.
I am looking to begin developing a portfolio here for properties that are <$150k. I need to establish a team before I would feel comfortable investing. I am looking for:
-Investors
-GCs
-PMs
Alternatively, if there are Turnkey companies who can fulfill several of these roles, I would be interested in acquiring the list of current inventory (preferably in Excel) as well as discussing the logistics of an out of state investor.
Most Popular Reply
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I am in the Cleveland market and in response to Peter a lot of local investors are buying in Cleveland. I can't speak about Columbus. Turnkey can be an option but just be careful you don't overpay. Make sure you get a third party to comp out the properties because if you have cash and are looking to acquire multiple properties you don't have to pay Retail numbers. There are lots of good off market deals out there that make a lot more sense, and put you in a solid equity position. Let me know if you have any question, I invest in the Cleveland region and have an extensive network.
Good luck!