Investing in Cleveland Ohio

[Davere Currie]

Is East & west Cleveland Ohio good places to invest Into rental properties ? ( resident of nyc).

[Ryan Daigle]

@Tom Ott local knowledge can certainly outweigh market-level statistics, but here's what it looks like for the Cleveland MSA as a whole (which is Cleveland proper + surrounding areas):

Still not good. Declining population.

Perhaps there are underlying trends that are more promising for the area, but from a high level it doesn't look great. The cash flow available in that market also indicates it's not a strong market. You don't get 14% CoC in an area with a lot of growth and appreciation. Economic dislocations like that just don't occur (at least not for long if they do).