Turnkey in Cleveland during Covid 19 should I keep or ...

[Itay Heled]

Hello fellow investors!

"to sell or not to sell? this is the question."

I have 4 SFH at the moment 3 turnkeys in Cleveland (west side) and one property for retail in Euclid.

turnkeys are around 70k each and Euclid house around $110 k all after full rehab .

should I try to market them right now  or hold them for a while  and wait till i can get a full price? 

in other words ,  is the potential cut in price worth it in order to be ready with cash to look for great deals in the next few weeks months? ?

two  notes:

1 I am a cash buyer only.

2 I have time - I am not in a position i have to sell now.

3 the sale is done by a local partner, usually for out of town investors .

would love to hear your opinion particularly from active investors in the Cleveland market

Thanks so much!!

Itay

would love to hear your opinion particularly from active investors in the Cleveland market

[Itay Heled]

Originally posted by @Erin Dorsey Robinson:

@Itay Heled  Inventory is low and people are buying. 

Thanks for your feedback Erin and yes that is what i am hearing from other Cleveland investors at this point inventory is still low and some buyers are still active