Out of state investor - Cleveland

[Garrett Jenkins]

Hello,

I am looking to invest in some multi families in the Cleveland area from out of state. In general what areas are best to avoid as I will not be visiting these areas prior to purchasing. Also who are the good property management groups that are trustworthy?

Thanks

[James Wise]

Originally posted by @Garrett Jenkins:

Hello,

I am looking to invest in some multi families in the Cleveland area from out of state. In general what areas are best to avoid as I will not be visiting these areas prior to purchasing. Also who are the good property management groups that are trustworthy?

Thanks

 I don't like phrasing things like best placed to avoid or best to invest etc....Best for what? For what strategy? All the areas are different and will be good or bad for you depending on your goals, budget, risk tolerance, expectations etc...

So with that said you should check out The Ultimate Guide to Grading Cleveland Neighborhoods where I have graded these neighborhoods on an A-F scale based on price and risk level. From there you can determine what's best for you and your business.