Investor · Long Island, NY · Member since 2021 · 39 posts · 24 votes
Hey guys. I have 55k total to put down on a rental in the Cleveland area. What is my best bang for my buck in the area?(new to the area) Thanks in advance.
Hey guys. I have 55k total to put down on a rental in the Cleveland area. What is my best bang for my buck in the area?(new to the area) Thanks in advance.
It's really going to depend what you are looking for. Things like your appetite for risk, pain tolerance etc... From there what you'll want to do is match that with properties that fit it.
Hey guys. I have 55k total to put down on a rental in the Cleveland area. What is my best bang for my buck in the area?(new to the area) Thanks in advance.
All the burbs, All you need to do is connect with someone that provides properties 100% hands off, 10% net caps are to be had. However you need closer to 100k, Cash buyers are the most dominate in the Cleveland markets,
Hey guys. I have 55k total to put down on a rental in the Cleveland area. What is my best bang for my buck in the area?(new to the area) Thanks in advance.
It's really going to depend what you are looking for. Things like your appetite for risk, pain tolerance etc... From there what you'll want to do is match that with properties that fit it.
Real Estate Agent · Cleveland, OH · Member since 2021 · 383 posts · 361 votes
3y
I will admit. It's a cash buyer's market here. But I've still had some luck with financed offers if you try hard enough. @James Wise linked a great resource in the neighborhood grading map. I'd recommend using that in combination with opinions of others and some on-market browsing to find your target areas. Best of luck!
Lender · OH · Member since 2022 · 113 posts · 77 votes
3y
Hey, Cosmo, that is a great question. There are plenty of good areas in and around Cleveland. I am pretty analytical so I would like to know more about your situation if you'd like to connect!