Is your Turnkey House in Cleveland a Good Deal? Let's Analyze it Together | HoltonWiseTV Highlights
Channel: HoltonWiseTV
Date: 2023-01-29

Turnkey real estate is most popular with out of state investors who want to earn a return on their money in the cash flow markets. The Cleveland real estate market is well known for being a great cash flow market. In fact, out of state investors from all over come to the Cleveland market in search of low cost housing that can be bought for pennies on the dollar. The idea behind buying these cheap turnkey properties is for investors to earn a great return on their investment by getting a lot of cashflow. Thing is, just because a house in Cleveland is cheap, that doesn't necessarily mean it's actually going to cashflow. Sometimes out of state investors buy properties in Cleveland that look like they are going to cashflow but they end up being money pits. Sometimes these Cleveland turnkey properties are in bad neighborhoods. Sometimes these Cleveland turnkey properties have bad tenants. Sometimes these Cleveland turnkey properties need a lot of repairs. Sometimes these Cleveland turnkey properties are overpriced. In order to ensure the turnkey property you are thinking about buying is a good investment you need to do the proper due diligence. But doing due diligence in a market you aren't familiar with is hard. If you live out of state you probably don't know a lot about Cleveland real estate. If you live out of state your probably don't know a lot about Cleveland housing. Luckily for you, James Wise from HoltonWise knows Cleveland housing like the back of his hand. Luckily for you, you can have James Wise analyze your Cleveland turnkey deal anytime you want. Luckily for you, you can have James Wise do due diligence on your perspective Cleveland real estate investments before you spend your hard earned money. Just like you'd never buy a turnkey property without a home inspection, you should never buy a turnkey property without a cashflow analysis from HoltonWise. Subscribe to HoltonWiseTV for more information on turnkey real estate investing in Cleveland, Ohio.

 
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