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Updated about 5 years ago,

Catalin B.'s profile image
Catalin B.'s profile image
Catalin B.
  • from Bellevue WA
  • Member since Sep 2, 2018
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4
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Catalin B.'s profile image
Catalin B.'s profile image
Catalin B.
  • from Bellevue WA
  • Member since Sep 2, 2018
Connect
Catalin B.
  • Bellevue WA
4
Votes |
20
Posts
Buying & Selling Real Estate

BRRRR-ing in Cleveland market?

Catalin B.
  • Bellevue WA
Posted

Wondering if anyone is doing BRRRR strategy in the Cleveland market...I have found attractive off the market properties with potential good rentals in decent neighborhoods ($900/mo and up), but after crunching the numbers, the net cash flow after refi, dwindles considerably due to the very high taxes in the Cuyahoga County townships...it seems that $250/$300 net cash flow per door is far fetched in these markets.

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