Still investing in Cleveland/sub-markets?

[Jhamari Hogan]

Anyone still seeing 1% or above cash-flow and appreciation in Cleveland and/or submarkets around it? I.e. Euclid, Maple Heights, as far east as Lorain or even as far south as Akron? (Looking to spend 130 or less)

Just looking for advice, this would be my first property and I'd like to get cash flow while being in a non crime filled area, and being able to count on at least some future appreciation.

[Samuel Diouf]

Hey Jhamari, you can still find deals like this. With a budget of $130k I would make sure that you still have at least 6 months of reserves after the purchase.

I would also be careful in certain areas where the cash-flow looks too good to be true.. The property will probably be a money pit for a variety of different reasons. The main one being the location. A good way to check the reliability of a property is to see how many times it's been transferred throughout the years. If a property is being sold every year, there's probably a reason no one wants to hold on to it.