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Updated about 10 years ago on . Most recent reply

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1,391
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Dan Mackin
  • Real Estate Agent
  • Erie, CO
511
Votes |
1,391
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Looking for opinions on northern Ohio

Dan Mackin
  • Real Estate Agent
  • Erie, CO
Posted

I am coming to a point in my decisions for where to begin looking for properties and my home state is not seeming like the most friendly place to start since the market is so hot. My next preferred market is a bit further east in Ohio where I was born. I still have enough family connections in the state and feel comfortable there. I'm looking for some insight into the Akron Canton area. I'm most familiar with the Fairlawn/Bath region so figure I should check my comfort zone first. The goal for the first is buy and hold with a sub 100k home that could get some nice forced appreciation. 

What's the overall market like around there for sales and is the rental market worth it? 

  • Dan Mackin
  • 720-466-3378

Most Popular Reply

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301
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111
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Zoran M.
  • Real Estate Investor
  • Cleveland, OH
111
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301
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Zoran M.
  • Real Estate Investor
  • Cleveland, OH
Replied

@Dan Mackin 

Rents depend on the neighborhoods. For a 3/1 in cities like Garfield and Euclid, you're looking at $800-900/mo.  That's the lowest end of my comfort range...there are other areas when you can buy much cheaper and get slightly less rent, but I don't want to buy a gun to collect rent. 

My SFRs are in B markets are doing about $1,200/mo +.

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