Newbie just arrived in Cleveland, Ohio

[Gwen Fyfe]

Hey folks!

I have just arrived back in the USA after nine years living in the UK. Because I hopped a plane just a couple days after high school graduation, I basically have no idea how to do adult life in the USA... so clearly the thing to do in this situation is get involved in real estate investing, ha! I'm a huge numbers nerd, at least, which seems like it will help.

I landed in Cleveland with no leads or connections a few weeks ago and am starting an exciting job on Monday, so from my perspective the economy here is pretty promising. I'm going to give myself a year to get to know the city, study and save up. After that I'll be hoping to buy a multifamily, live in it myself and rent out the other units. I should have about $20-$25k cash to play with at that point which seems very workable in Cleveland.

I'm interested in buy and hold for rental cash flow. Props to all you flippers, but it just seems way too high stress for me!

I picked Cleveland purely because my elderly grandma lives nearby and I want to be available for her. I know absolutely nothing about the city, or anyone in it, other than the fact that it was easy for me to get a good job. I would love to get to know people in the area and would appreciate any advice.

[Matt Motil]

Hi @Gwen Fyfe. Welcome to Cleveland! Such a great place to work and live. I am originally from the area, but moved away for a while and then chose to come back. I am a local agent and investor and love Cleveland and hope you do too. If you need any help with the Cleveland market, many BP users have found this post valuable.

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