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Updated about 1 year ago on . Most recent reply
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New member with an interest in flipping houses and buying rental property
I am interested in buying property out of State to flip or to purchase for rent.
Most Popular Reply
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Hey Arzola, Cleveland would be a great market if you are looking for flips and rentals.
It has the highest rents on average in all of Ohio for major cities and the median income is not even in the top 3. That creates a really nice price/rent ratio which is favorable for investors looking for cash flow. The median home price is also very low nationwide which creates a low barrier to entry. You can get solid cash-flowing single families in the 90-120k price range and duplexes in the 130-180k price range.
- Nadeem Alamgir
- [email protected]
- (216) 677-0585
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Key Realty.
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5.0 stars