Vacancy rate in Cleveland

[Leonard Davis]

Hi All!

I have owned duplexes in the greater Cleveland area since 2014 (mainly in Old Brooklyn, Shaker and Garfield Heights) and I have really been hurt by the fact that the vacancy rate has been ~35% on average (I am including the months where tenants would live in the property without paying). My properties are well maintained and I wonder if the challenge that is due to the areas where my duplexes are located. Questions for the BP community:

1/ How are your duplexes performing from a vacancy rate standpoint?

2/ What are the cities that have the lowest vacancy rates in the greater Cleveland area? My next investment will probably be in Strongsville or Solon in order to have much more stable tenants.

Would love to get your thoughts on this one!

Thank you!