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Updated about 5 years ago on . Most recent reply

User Stats

14
Posts
7
Votes
Nithin K.
  • Bartlett, IL
7
Votes |
14
Posts

Cleveland, Ohio

Nithin K.
  • Bartlett, IL
Posted

Hi guys, I am deciding between different cities to buy a rental property.

This is going to be my first and I am thinking in terms of cash flow and ease of finding renters, Cleveland is a good option. I would like it to cost the least possible leaving some capital and cash leverage to buy others later on. Anyway, I have been torn between the east and west side as I see neighborhood grading differs vastly. I would like to stick with a B or B- is possible.

I did look at the various turnkey offerings- the impression I got was they are majorly C/D areas with mostly 1-1.25% rent/price ratio; or otherwise overpriced- i am sure they need to make money too, no judgement there. 

So anyway its time I got some boots on the ground help. 

1. Have you guys got any recommendations- I guess what I need is an investor friendly agent  with a very good knowledge of the market. Someone who don't mind doing the initial screening and send me only the potentially good opportunities. 

2. If I were to buy a property that needs repair- how do you guys go about getting estimates prior to making an offer? Do you guys know any reliable contracting companies/pros?

Most Popular Reply

Account Closed
  • Contractor
  • Cleveland, OH
115
Votes |
123
Posts
Account Closed
  • Contractor
  • Cleveland, OH
Replied

Nithin -

I'm an investor in Cleveland, not a Realtor/Broker. That said, I have multiple crews and contractors that do repairs and work with 2 very investor friendly agents on my flips. I know areas very well, as do my Realtors. If interested, connect with me and we can discuss what you are looking for. I may be able to help.

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