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Updated almost 3 years ago on . Most recent reply
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How do I classify a nieghborhood if I’m a out of state investor?
I’m looking into Cleveland OH and I see many potential properties to invest in. I would like a rental or try the brrrr method but I’m having trouble committing to a house when I can’t really figure out the neighborhoods. Besides flying out to Ohio is there anyway I can identify the class of a neighborhood?
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Originally posted by @Cesar Perini:
I’m looking into Cleveland OH and I see many potential properties to invest in. I would like a rental or try the brrrr method but I’m having trouble committing to a house when I can’t really figure out the neighborhoods. Besides flying out to Ohio is there anyway I can identify the class of a neighborhood?
Hey Cesar! I live in California as well, but I have been investing in the Cleveland area for years! I currently own 8 rental properties there.
I've gathered a ton of information on investing in the Cleveland area, and would be happy to share it with you if you are interested. It includes, among other things, a comprehensive map of the Cleveland area, grading each area from A+ down to F, using a consistent, objective and transparent methodology using publicly available data. The thing about Cleveland neighborhoods is that they vary dramatically, even within the same zip code or suburb sometimes, so it is important to dig down really deep (like I have done).
Feel free to add me as a connection and drop me a private message!