New to BP and investing in Cleveland

[Zachariah Hays]

Hey everyone,

I joined BP about 1 month ago and have been soaking in all the info I can. Watching webinars, became a PRO member, reading forums in my spare time and listening to podcasts during my drive time.

Just wanted to introduce myself as a new investor in the Cleveland, Ohio market. I am primarily trying to get my investing career started with a House Hack deal (duplex or greater). This way I can lower my cost of housing and gain capital to save in effort to look for my second deal.

I have lots of questions in terms of financing and renovations to gain equity. I am looking for fellow investors with helpful hints or willing to meetup in the Cleveland market.

I look forward to hearing back from some other members.

Thanks!

Zach

[Irina Belkofer]

@Michael Swan you should open a new topic for OOS investors in Cleveland.

I can't stress enough how it's dangerous - to invest just trusting some words of people who make money off you. 

Every time I look at a building or a duplex-triplex which was severely overpaid for, the tax address is in California, Texas, New York etc.

Cleveland Hts is not the same every where: even in best parts it has pockets. Noble north from Monticello does have good places as well but it's East Cleveland schools with Cleveland Hts property taxes (notoriously high)

Leave these areas for local investors, don't get yourself into trouble. It's very expensive lessons to learn