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Updated 8 months ago on . Most recent reply
I'm looking for tenant quality maps of Cleveland, Akron, and Canton, OH
I own some multifamily homes in Akron and Canton, OH, all MLS deals. I've read over James Wise's Ultimate Guide to Grading Cleveland Neighborhoods but at 7 years old it's surely a bit dated. I haven't found similar resources — dated or otherwise — for the Akron or Canton, OH markets where I currently invest. Can someone point me in the direction of a similar resource for Akron and Canton? An up to date tenant quality map would really help me make better decisions as I expand; I'm 100% remote from several states away.
I plan on expanding my Akron and Canton holdings, but I might be convinced to start picking up properties in Cleveland too if the numbers work better with similar levels of managed risk. Thanks!
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That is true Jack, there is no free lunch. But you can avoid these things by investing outside of the city proper. I don't know what Jeff's investment thesis is. The relative affordability of these markets scales to the suburbs as well, so you can succeed here without going straight to the city. You can even get exposure to C class in some suburbs.