SA996 | Simplify Your Journey to Owning and Managing Turnkey Rental Properties with Steve Yoak episode artwork

EPISODE · Jul 10, 2024 · 27 MIN

SA996 | Simplify Your Journey to Owning and Managing Turnkey Rental Properties with Steve Yoak

from How Did They Do It? Real Estate · host Seyla and Aileen Prak

Why thorough due diligence and property inspection is crucial to a successful turnkey rental business? Listen to Steve Yoak as he speaks about his humble beginning from house hacking to guiding aspiring investors to start building monthly cash flow!Steve talks about his focus on the Ohio market, the importance of having criteria when purchasing a property investment, and the mistakes every investor must avoid in turnkey investing.Key Points & Relevant TopicsHow Steve started house hacking his first property and investing in turnkey rentalsThe importance of doing inspections and due diligence when buying a propertyThe Ohio market for turnkey rentals and investingThings out-of-state investors should know about the Ohio marketMistakes to avoid when buying turnkey or single-family propertiesSteve’s transition from being a teacher to a full-time investorHow to identify a good deal for turnkey rentalsResources & LinksApartment Syndication Due Diligence Checklist for Passive InvestorAbout Steve YoakSteve Yoak is the owner of Akron Turnkey, which specializes in turnkey properties in Ohio.  He is on a mission to help individuals succeed in real estate investing. With a deep-rooted passion for the industry, he dedicated his career to empowering others to achieve their financial goals through strategic investments. His journey in real estate started as a savvy investor, specializing in multi-family properties and pioneering innovative house-hacking strategies. Alongside his thriving real estate ventures, he has a background as a dedicated teacher and coach, where he positively impacted the lives of thousands of middle school students. He scaled various businesses over the years, and one of his proudest achievements was launching a construction contracting business with just $5,000.00. In three short years, it evolved into a multi-million-dollar enterprise. Flipping over 100 homes, he honed his skills in strategic investments and the art of property transformations. Despite his diverse business ventures, he remains committed to sharing his knowledge and coaching others to excel in the dynamic real estate arena. He stands as a testament to the harmonious blend of entrepreneurial success and a passion for education. He believes in making a lasting impact both in business and in the lives of those he mentors. Get in Touch with SteveWebsite: https://akronturnkey.com/ Email: [email protected] To Connect With UsPlease visit our website www.bonavestcapital.com and click here to leave a rating and written review!

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Why thorough due diligence and property inspection is crucial to a successful turnkey rental business? Listen to Steve Yoak as he speaks about his humble beginning from house hacking to guiding aspiring investors to start building monthly cash flow! Steve talks about his focus on the Ohio market, the importance of having criteria when purchasing a property investment, and the mistakes every investor must avoid in turnkey investing. Key Points & Relevant Topics How Steve started house hac...

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SA996 | Simplify Your Journey to Owning and Managing Turnkey Rental Properties with Steve Yoak

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