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Updated 23 days ago on . Most recent reply

User Stats

3
Posts
8
Votes
Lucas DeAndrade
8
Votes |
3
Posts

Ohio Rookie Next Deal

Lucas DeAndrade
Posted

Hello fellow rookies!

Current situation I have a primary residence in MA and a SFH home LTR in Akron currently on a 1 year lease.

My question is… do I look in the same area Akron for my next deal? Either SFH or small multi? I could move over to Cleveland to use the same property management for a similar deal? I'm comfortable with these areas for now. Low entry and breakeven deals +- some cashflow. I'm in it for the long haul.

What would yall do? Open to suggestions.

Little about me I have a relatively higher paying public service job. My buy box is turnkey sfh 3/1 or small multi newer major utilities and roof. Purchase price max 120k$

Looking to purchase in the next 6-12 months

TIA

Most Popular Reply

User Stats

1,181
Posts
1,496
Votes
Samuel Diouf
  • Real Estate Agent
  • Columbus & Cleveland, OH
1,496
Votes |
1,181
Posts
Samuel Diouf
  • Real Estate Agent
  • Columbus & Cleveland, OH
Replied

Hey Lucas, if you already have built connections and a solid foundation of knowledge in Akron, I would keep building the portfolio there! 

If you don't feel too established there yet, I would look into the Cleveland maerket as well. I like Cleveland because of the huge amount of volume. It makes it easier to scale and build a super team, in my opinion.

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