Cleveland Real Estate Investing from the West Coast

[Jared Lichtin]

I am hosting a meet-up with some California investors at my apartment clubhouse in Newport Beach on Thursday evening. I'll be providing food and drinks, so come network and wrap your head around the Cleveland landscape!

If you are interested in investing out of state in places like Cleveland, you should definitely try to make it down. I have been flipping in Cleveland since 2012, and I own a few rentals in the suburbs. There is still a serious inventory problem in Cleveland, and with big business and the pharmaceutical industry expanding there, the housing market is consistently favoring sellers.

You are welcome to come early and hang with us if it makes sense for you to beat traffic down to Orange County. 

Feel free to contact me at (440) 840-4382 or [email protected] if you have any questions.

A bit about me: 

I'm Jared, and I'm originally from Cleveland, Ohio. My partner and I have built our construction team over the past two years. We are getting into the 3-4 unit multifamily space now, and we know our construction crew is capable of doing anything. We only do high-end rehabs, and at the moment, we have two that have over a 100,000 rehab budget. 

I lived in Cleveland for 25 years, and have been investing there since I graduated law school in 2012. Our construction team is centered around our general contractor, John, who had an impressive 15 year run, in charge of fire and flood rehabs for Allstate insurance. We now have 10 full-time employees, dozens of subs, and we are finally hitting our stride. We do 3-4 flips at a time, wholesale, and kept a few of our flips as rentals. We own a few airbnbs, and have been expanding that part of our portfolio.