All Forum Posts by: Account Closed

So my initial plan is to invest in multiple single family rental units with a low entry cost. I think I’ve found some good opportunists in OH and MI where I can get some great ROIs and decent cash flow, and finally like I’m ready to be one of you guys :) My biggest fear is, of course, having an empty property sit for an extended period of time. But I assume that’s the biggest fear for all cash flow investors. So to alleviate that fear, I’ve found a number of properties that fit my criteria and have tenants already in place. So I was thinking that would give me an instantly producing property that I can hand off to a property manager. Do you any if you have an opinion as to whether this is a good strategy? Or is it better to rehab the property first and then put up for rent? Thanks in advance!

@Stone Jin appreciate the info!

@Stone Jin I’m in New Jersey and would definitely use a property manager.

@Andrew Fidler Definitely not looking to go at it alone or do any managing myself, but definitely looking for those returns you mention!

@Stone Jin Basically looking to buy low-cost single family homes for rental income.

@James Wise Thanks, James...very helpful!

@Addison @dale Do you guys have any opinions on the GarfIeld Heights (Cleveland) and Toledo rental markets?

Hey, everyone. New to this community...loving what I’m reading so far. Does anyone here have any experience in buying rental properties in Toledo and Garfield Heights (Cleveland)? Seeing some opportunities and wondering if these are good areas for rentals.