Cleveland 1st Rental

[Chris Robinson]

Hey guys, I'm looking to invest in a turnkey or a BRRR (slammer scale) in Cleveland. I am in Michigan however I do have two brothers that live in Cleveland. Does anyone have a good lead on an Agent in the area that has experience with investors? Does anyone have any advice about the areas? I have made a spread sheet of rental costs per bedroom, but which neighbor hoods are good vs bad to invest are still unknown to me. I am also wondering if there are any rental certifications you need to have to rent a property, can anyone fill me in on those if any?

I will be in Cleveland this weekend and would like to try and meet up with an Agent or an Investor on Sunday. I appreciate all the help that you guys have.

Here is some of the information I have acquired. If I a wrong or looking in the wrong areas a heads up would be nice!

B Neighborhood	Median Income	Tax Rate	avg. sq foot	Studio	1 Bedroom	2 Bedroom
South Euclid (44121)	59000	3.16		620	750	930
Cleveland Heights (44118/44112)	53000	3.8		660	790	970
Parma	49000	2.31		565	675	830
Berea	49000	2.55	772	560	660	820
Lakewood	42000	2.93	737	590	710	870
Garfield Heights	39000	4.13	685	610	730	900
Brooklyn	39000	2.44	725	520	620	770
Euclid	35000	3.11	719	543	643	797
Cleveland (44113)	24000	2.79		569	678	836
Ohio City				498	516	682
Tremont				530	640	820
Industrial Valley
C Neighborhood	Median Income	Tax Rate	avg. sq foot	Studio	1 Bedroom	2 Bedroom
Lorain	48000	1.67		500	593	737
Elyria	46000	1.78		530	630	780
Cleveland (44111)	40000	2.79		520	620	770
Cleveland (44144)	39000	2.79		520	620	770
Bedford	39000	2.67		600	710	880
Cleveland (44135)	38000	2.79		539	644	794
Bedford Heights	37000	2.68		602	718	885
Maple Heights	36000	3.7		630	750	920
Warrensville Heights	35000	3.7		602	718	885
Cleveland (44109)	30000	3.04		490	580	720
Newburg Heights	28000	3.37		602	718	885
Garfield Heights	28000	4.13		539	644	794
Cleveland (44122)	28000	2.79		602	718	885