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Updated over 1 year ago on . Most recent reply

User Stats

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Travis Wiggins
  • Dillon, MT
4
Votes |
4
Posts

New to RE investing, and looking to invest out of state in Cleveland

Travis Wiggins
  • Dillon, MT
Posted

Hello Bigger Pockets, I'm new here, and just became a pro member. I live in Dillon Montana.  I am looking to start investing in rental properties in the Cleveland area. We will be staying in the Mansfield area for the winter.   I have been learning about RE investing for the past few years. I have been paralyzed by fear of what the economy is doing, and whether or not this is a good time to start buying rental properties because I have never done it before.  I have decided to move forward and take action. I am 46 yrs old, have a wife and 3 children.  My wife and I are finally debt free,and looking to start investing. I would love advice from seasoned investors.  Thanks for any input that you may have.   

  • Travis Wiggins
  • Most Popular Reply

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    1,453
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    Patrick Drury
    • Real Estate Agent
    • Columbus, OH & Cleveland OH
    1,967
    Votes |
    1,453
    Posts
    Patrick Drury
    • Real Estate Agent
    • Columbus, OH & Cleveland OH
    Replied

    @Travis Wiggins
    If you are looking at investing in Cleveland I would recommend being in areas on the West Side of Cleveland like West Blvd, Cudell, Old Brooklyn, Clark Fulton, Edgewater, Jefferson, and Brooklyn Centre. The reason is the rent-to-price ratio is good so you can cash flow, and most of the West side doesn’t have a Point of sale inspection which is really annoying.


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