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Updated about 2 years ago on . Most recent reply

User Stats

5
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4
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Ibram Gaston
4
Votes |
5
Posts

Looking to invest in the Cleveland market

Ibram Gaston
Posted

Hello, I am starting my investment journey and I've set my eyes on Cleveland, OH.  I wanted to reach out to the community for advice, tips, or pointers. I wanted some thoughts on the following questions;

1. I've done the research and established the good vs bad areas of the city and some of the challenges.  If anyone is familiar with the city, I'd appreciate your take as well.

2. What are your thoughts on investing in cities with declining population and high unemployment rates? Cleveland would fit this bill as its been declining since the 1950's. 

Thank you to all who respond and if you have anything else to add outside of these points, I'm all ears. 

Most Popular Reply

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3,673
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3,451
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Steven Foster Wilson
  • Rental Property Investor
  • Columbus, OH
3,451
Votes |
3,673
Posts
Steven Foster Wilson
  • Rental Property Investor
  • Columbus, OH
Replied
Quote from @Ibram Gaston:

Hello, I am starting my investment journey and I've set my eyes on Cleveland, OH.  I wanted to reach out to the community for advice, tips, or pointers. I wanted some thoughts on the following questions;

1. I've done the research and established the good vs bad areas of the city and some of the challenges.  If anyone is familiar with the city, I'd appreciate your take as well.

2. What are your thoughts on investing in cities with declining population and high unemployment rates? Cleveland would fit this bill as its been declining since the 1950's. 

Thank you to all who respond and if you have anything else to add outside of these points, I'm all ears. 


 Hey Ibram, I have multiple units in Cleveland giving me steady returns, if you need help finding a good neighborhood to start on, let's connect and discuss how I can help you out.

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