Description
In California, strict rent control laws can make raising rents complicated. In Ohio, landlords have more flexibility, and that creates opportunities for real estate investors looking for cash flow. During this episode of The Investment Properties For Sale Show, James Wise of HoltonWise showcases a beautifully renovated turnkey rental property at 414 Bacon Avenue in Akron, Ohio. This property has been renovated from top to bottom with premium finishes, has an established tenant paying $1,125 per month, and offers the potential to increase rent toward $1,350 per month, subject to applicable notice requirements and tenant protections. The real opportunity? Buying a property where someone else has already paid for the renovations and the existing tenant has good reasons to stay, potentially saving thousands in vacancy and turnover expenses. Whether you're an out-of-state investor from Los Angeles, San Francisco, San Diego, New York City, or Chicago, HoltonWise can help you purchase, finance, insure, and manage rental properties throughout Northeast Ohio. Interested in making an offer? Email Sales@HoltonWise.com and let our team help you build your real estate investment portfolio.
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