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Updated over 4 years ago on . Most recent reply

User Stats

19
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4
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Chelsea Jeffers
  • Investor
  • Tehachapi, CA
4
Votes |
19
Posts

Cleveland: Investing under the current conditions

Chelsea Jeffers
  • Investor
  • Tehachapi, CA
Posted

Ive read that Cleveland is usually a good market to get into for cash flow. The prices seem to make sense given that the tenants pay rent which could be questionable due to COVID. There is a lot for sale right now, any opinions as to whether or not its still a smart market? or are people trying to get out of it right now because of the current condition. 

Most Popular Reply

User Stats

184
Posts
253
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Michael Kiley
  • Real Estate Agent
  • Cleveland, OH
253
Votes |
184
Posts
Michael Kiley
  • Real Estate Agent
  • Cleveland, OH
Replied

@Chelsea Jeffers

Definitely NOT getting out of the Cleveland market! Still one of the best places to invest for cash flow. My rents are coming in as expected... I mostly rehab homes doing BRRRR and cash on cash returns of 20-30% are not uncommon but 10-15% can be expected for turnkey. DM me and I'll tell you where I invest and share my agent contact info.

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