How is Toledo, OH Market Today?

[Shaqilia Palmer]

Hey!!

So I am a new investor in Toledo, OH. I am just curious about what locals and/or seasoned investor think about it? What title company would you recommend that is "investor" friendly? Any boots on the ground, contractors, real estate agents that you have connected with? Spread some wisdom! :p

 Thanks in advance!!

[Michael P.]

I think Toledo is on the right track, here are some recent snippets:

Finishing touches being put on massive new Amazon center in Rossford, Company leaders say it will create at least 1,000 full time jobs

Exercise equipment maker Peloton to build its first U.S. factory near Toledo. Exercise equipment maker Peloton will create 2,174 jobs as part of its $400 million investment in Wood County, near Toledo.

Fiat Chrysler proposes new $23M vehicle customization facility in Toledo. A new agreement between the city of Toledo and Fiat Chrysler Automobiles could bring hundreds of jobs and a new 250,000 square foot facility to support Jeep production in the area.

First Solar to build 3rd plant, add 500 jobs. First Solar Inc. said it will invest $680 million to build a third factory in the Toledo area by 2023, doubling its production capacity and creating 500 jobs.

Officials praise $1 billion iron plant. Iron briquettes made at the new East Toledo Direct Reduction Plant will be used by the company, and other customers, to make premium steel products.

Toledo Ranked No. 1 for New Business Investment. Toledo has been named number one in the nation among mid-sized cities for new business investment by Site Selection Magazine. There are approximately $2.2 billion worth of projects currently underway, or recently completed, that are expected to create nearly 3,500 new permanent jobs and 1,079 new residential units.

Toledo ranks among top 100 in WalletHub’s ‘2021 Best Large Cities to Start a Business’. Toledo earned high marks for cost of living, business environment and access to resources.

Toledo is America's second most-improved city for park access, study says.

Metroparks Toledo is named America's No. 1 park district for 2020 among large cities.