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Updated about 4 years ago on . Most recent reply

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2
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4
Votes
Tyrone Medrano
  • Investor
  • San Mateo, CA
4
Votes |
2
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Starting out any advice would be great !

Tyrone Medrano
  • Investor
  • San Mateo, CA
Posted

Newbie here looking at the Akron Ohio area for first purchase. Would like to BRRRR the property. Any ideas, thoughts, concerns would be appreciated.

Thanks in advance

Most Popular Reply

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21
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10
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Alexander K.
  • New to Real Estate
  • Cleveland Ohio
10
Votes |
21
Posts
Alexander K.
  • New to Real Estate
  • Cleveland Ohio
Replied

@Tyrone Medrano

I live in the Akron Ohio area. Akron and Cleveland have some great off-market deals. The concern here is making sure you are in the right neighborhood. Like the Cleveland market, there are some bad neighborhoods, but there are also a lot of good neighborhoods that will be growing. Because there are so many hospitals and medical students in the Akron and Cleveland areas, there is strong demand for rentals near hospitals. Akron also has a solid base of blue collar jobs. 

Hope this was helpful,

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