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Updated almost 3 years ago, 01/06/2022
Looking to move into the Cleveland market.... but....
Hello all! I'm an Ohio native who's primarily invested in Detroit, MI and doing acquisitions for larger funds doing 5-7 deals a month. I'm wanting to replicate this in the Cleveland area. If anyone has some insight into the market it would be greatly appreciated.
- What areas/zip codes are best for rentals?
- Desired cap rate from those of you investing currently?
- Month-to-Month leases or multi-month?
- The average price of a unit w/ a good tenant? Average preferred rent?
Looking forward to hearing your thoughts and connecting with you all!