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Updated over 7 years ago on . Most recent reply

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7
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Aadil Saeed
  • Toronto, Ontario
2
Votes |
7
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New to REI, looking in Cleveland, OH.

Aadil Saeed
  • Toronto, Ontario
Posted

Hi everyone,

I am a student from Toronto, ON, and I am looking to become a real estate investor. 

The area in which I am currently interested in starting is in Cleveland, OH in a B or even C class neigbourhood. The ratings of the neighbourhoods are based off of this article: The Ultimate Guide to Grading Cleveland Neighborhoods. I would like to initially fix and flip to generate some quicker income, and then buy and hold for passive long term gain with minimal money to put down. I'm looking mostly at SFH, but duplexes would also serve if they are within the right price range.

What I am looking for is advice from anyone who is familiar with this area or knows where I should start. 

To help me, I have mentors that have been in real estate for 10+ years both in Canada and in the United States. They advised me to come on to the Bigger Pockets Forums and I've just been trying to soak up as much information as possible. So if anyone has any leads, advice, or help that they can give me, I would be grateful. 

Thank you for your time, 

Aadil.

Most Popular Reply

User Stats

653
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768
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Ryan Evans
  • Rental Property Investor
  • Cleveland, OH
768
Votes |
653
Posts
Ryan Evans
  • Rental Property Investor
  • Cleveland, OH
Replied

Definitely soak up as much as you can here in the forums and then I'd say start mapping out what sort of team you're going to need. Start reaching out to some agents, PM's, contractors, turnkeys, etc., then load up 5 hours worth of BP podcasts and drive down for a weekend to check out some neighborhoods and properties to get a real feel for the place. 

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