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Updated almost 5 years ago,
Buy & Hold- Cleveland Heights, Lakewood, and Euclid
Hi!
My name is Tyler Scruggs, I am a soon to be college graduate (May 2020) that will be working in Sales Management upon graduation. I am originally from a suburb in Cleveland (Solon), and plan to begin my initial investments in the Cleveland market as it is the most comfortable market to test in my opinion.
I have been doing research predominantly on Zillow looking at the listing prices of 3-4 bdr homes for sale, along with the rent prices as well. I have specifically been looking into Cleveland Heights, Lakewood and Euclid. I read the Cleveland guide to real estate that was posted in some of the forums and graded the cities from A-F, and decided that I would like to stick with B range areas.
I plan to make my first investment soon after graduation, and want to see what successes/failures, advice, etc that people have been experiencing in these areas. Also, if you would recommend these cities, do they cash flow well, or are there any other cities that you would recommend. I would appreciate any and all advice!