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Updated over 4 years ago on . Most recent reply
Outside investor; 2-4 unit Cleveland.
Hi all,
I've been looking to invest in Cleveland for the last 2 years. I'm wondering, if the market still calls for good investment for cash flow.
Also, if anyone knows an agent please let me know. I'm looking to get more #s on 2-4 multi units to crunch some numbers.
I'm looking mostly in B areas and C areas that are appreciating.
Any other tips would be great.
Most Popular Reply
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Hi Greg, depending on what neighborhoods you're looking into, yes, it will cash flow just depends on "how well." Our properties are in Lakewood (in A type neighborhoods). Make sure to drive and take a look at the properties (or have someone do that) as things can differ street by street from my experience. Surprisingly, the market in Cleveland is still fairly strong (i.e. I was expecting prices to go down due to COVID, but they've maintained well, at least in Lakewood). But there are always deals if you're willing to look. Also this is a great site to get started w/ a bunch of referrals for folks you'll be looking for: http://www.clevelandinvestorpr...