CONSIDERING HOW INVESTMENT PROPERTY OWNERSHIP COULD CHANGE YOUR LIFE?

What Investors Can Expect

So you’re considering jumping into the world of investment property! I know I caught the bug more than 17 years ago and haven't looked back.

There is much more to consider and at stake when buying and selling investment properties compared to traditional residential real estate -- which is why I’m here to coach you through every step to make sure you don’t miss any details or opportunities and you do maximize your goal-specific investment.

If this is your first time purchasing for pure investment purposes, click through the icons to learn more about what you might expect in the process.

Going Shopping

Once those preparations are out of the way, it is time to find the right property for your investment goals!

Start Your Search

Start broad when initially looking for investment properties. For first time investors, budget will most likely be the driving factor of your search area and criteria. With that said, your agent should be somewhat of a property matchmaker and offer creative suggestions to maximize rental income (for example renting out a garage(s) on the property as storage units for additional revenue streams).   

Time to Buy

Most investment properties require curb or sight unseen offers because the seller does not want the Tenants to be disturbed. This is called Tenant’s rights which protects Tenants under the Landlord-Tenant code in the state of Ohio. This is also a seller strategy to weed out non-serious investors. Once in contract, you will have the ability to view all units, leases, and any other pertinent documentation before legally committing to the investment. Your agent should be able to help you navigate language for this in your offer and include a clause for termination if the units are unsatisfactory. An agent that has experience with investors will be able to help you prepare for potential costs and expenses for the property. In addition, they should advise on market rent versus rent potential.

Try the Map Search!

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