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Updated about 3 years ago on . Most recent reply
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Looking to invest in Cleveland, OH ! What should I look out for ?
Hello,
I am in the Phoenix, AZ market looking to branch out to Cleveland, OH. Is there anything I should look out for ?
I want to start fix n flipping, any state regulations I should look out for ? Is Cleveland strict with rehab permits ?
Is it a flood zone area ?
How about for rentals, anything I should look out for being a landlord ?
If your in Cleveland market lets connect shoot me a message.
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Originally posted by @Connor Kerr:
I live in Akron, OH, about an hour south of Cleveland. I don't know a ton about the CLE market but I do know that @Marc Rice is spot on, the neighborhood is crucial. There's tons of bad areas in and around Cleveland. You just have to connect with someone who really knows the area. I'm not sure why someone would tell you, you can't do it, considering 100s and 100s and 100s of investors do it all the time. Don't take advice from naysayers, they're the ones who have never done it.
Makes total sense I have read it is a really rough city, but like any other city it has its class A cities. I have doing research and I have read that these neighborhoods are some of the top Lakewood and Ohio City. I also found this guide below that shows its grading.