Calling All Cleveland Agents/Investors

[Thomas O'Donnell]

I'm looking to connect with agents/investors that reside in the Cleveland, OH area. I currently live in Columbus but have recently been thinking about buying a rental out there for some cash flow to offset some of my living costs over here. But I am also looking for general info about the cleveland market and if it would be a solid place to invest for a lower cost. And if so, where are some of the better areas to pick up a rental at or possibly BRRRR?

[James Wise]

Quote from @Thomas O'Donnell:

Quote from @Bob Stevens:

Quote from @Thomas O'Donnell:

Quote from @Jack Tulloch:

Ohio in general has some solid investment opportunities. The median price of homes in Cleveland is pretty low compared to the rest of the US which can present a good opportunity but also can make for more of a headache.  

 Yeah I moved out here from California not too long ago and got my first duplex. I see Ohio as a place a lot of people and companies are moving to 

 You should have started buying in Cleveland ,7 8 9  years ago, You could have gotten all in pricing from 30kish ( MF at 10k per door, now 40- 60)  with 25- 30% net caps, Now pricing is about 100k with 10% net caps, Still going strong. Amazon taking about 2.5 mill sq ft did not hurt

All the best 

9 years ago I was 15 lol. I wish I could have been buying at that age.  

 When I was 15 I was twice divorced with 6 rentals and a hernia the size of Texas.