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

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Manage episode 428154269 series 2798164
Content provided by Seyla and Aileen Prak and Aileen Prak. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Seyla and Aileen Prak and Aileen Prak or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

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 hacking his first property and investing in turnkey rentals
  • The importance of doing inspections and due diligence when buying a property
  • The Ohio market for turnkey rentals and investing
  • Things out-of-state investors should know about the Ohio market
  • Mistakes to avoid when buying turnkey or single-family properties
  • Steve’s transition from being a teacher to a full-time investor
  • How to identify a good deal for turnkey rentals

Resources & Links
Apartment Syndication Due Diligence Checklist for Passive Investor

About Steve Yoak

Steve 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 Steve

To Connect With Us

Please visit our website www.bonavestcapital.com and click here to leave a rating and written review!

  continue reading

1006 episodes

Artwork
iconShare
 
Manage episode 428154269 series 2798164
Content provided by Seyla and Aileen Prak and Aileen Prak. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Seyla and Aileen Prak and Aileen Prak or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

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 hacking his first property and investing in turnkey rentals
  • The importance of doing inspections and due diligence when buying a property
  • The Ohio market for turnkey rentals and investing
  • Things out-of-state investors should know about the Ohio market
  • Mistakes to avoid when buying turnkey or single-family properties
  • Steve’s transition from being a teacher to a full-time investor
  • How to identify a good deal for turnkey rentals

Resources & Links
Apartment Syndication Due Diligence Checklist for Passive Investor

About Steve Yoak

Steve 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 Steve

To Connect With Us

Please visit our website www.bonavestcapital.com and click here to leave a rating and written review!

  continue reading

1006 episodes

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