Building a Cleveland team (focus: agents & property managers)

[Sandy Metivier]

Hi Cleveland folks!

We are a queer married couple from San Francisco looking to expand our REI portfolio in Cleveland. We led with that detail about our identity as lesbians because we want to build a gay-friendly team and avoid any friction in this area down the road. Another important value for us is that they not be racist, which sadly comes up a lot in real estate.

Okay, on with the actual ask... We have REI history in vacation rentals, and now want to focus on long term buy and holds for cash flow. We are interested both SFH and multi-family properties. To start we looking for good deals on properties that would not need much improvement to rent out. Later down the line as we have a good team in place we may be interested in trying the BRRRR strategy on a property that would need more TLC.

If y'all have any recommendations/referrals to build out a great Cleveland team, we'd greatly appreciate it! Our current focus is to find investor-friendly agents and property managers.

Thanks in advance!

-Sandy & Carrie

[Brian Garlington]

Hi Sandy! I’m right across the bridge in Oakland and I have rentals in Cleveland as well as the East Bay. If you have not done so already I strongly recommend you add to your “list” to get preapproved with a lender. Even if you are paying cash. The first time I flew out to Cleveland I had cash in hand (actually the bank) and was ready to deal.... silly me.... thinking I would be taken seriously out there.... apparently too many agents have been burned by tire kickers from out of state that are “cash buyers” that end up doing nothing.  If you need a lender out there I know one that will do mortgages on properties as low as $45K.