Cleveland investment Newcomer

[Account Closed]

I’m very interested in starting to invest in a rental property in Cleveland, Ohio. I have zero experience with real estate or investments and I live out of state in California. Can anyone help guide me in the right direction? Who is the first person I should be talking to? I have ideas of what I’m looking for and neighborhoods I’m interested in, but no idea of how to execute!

Thanks :)

[Peter Mac]

@Brennan Hanrahan fly out to Ohio and make a list of people to meet and talk to. Drive to offices of real estate agents, property managers, and go to an investment club meeting (meeting people is important). Dont make any purchase yet - there may be better options than turnkey or if turnkey is what you want and it fits your goals then I'd suggest waiting a month or two to REALLY think about it and develop your criteria on what a cash flowing deal works for you.

While you're driving around to meet these agents and property managers, if you see any contractors working - stop by and introduce yourself and check out the work they're doing and ask questions about the cost and timeline for that rehab. Grab their card. Do this a lot to add to your database. Also, if you see any vacant properties - send them my way lol. Just kidding - write down the address and skip trace the owner and just call them up

Also, stay safe and watch your back. stay out of bad neighborhoods.