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Updated about 4 years ago on . Most recent reply

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Kyle Castaneda
7
Votes |
14
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New to Cleveland market - hoping for advice

Kyle Castaneda
Posted

Hi Everyone,

I am a CA investor/resident looking to expand my portfolio to Cleveland. This is my first time venturing into out of state properties, so I had a few questions about the Cleveland housing market.

I am looking for ideally a MFH turnkey property, but will also consider SFH if the numbers and cashflow are there. I plan on holding the investment long-term

My initial questions:

  • What neighborhoods are good areas for turnkey investment properties? 
  • What neighborhoods do you typically see the best ROI for long-term rentals?
  • Where have you personally had your best experience with investment properties in Cleveland?

Thank you and I appreciate all the answers!

Most Popular Reply

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2,350
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Brian Garlington
  • Realtor
  • Oakland, CA and a Real Estate Investor with Multi-Family Units and a Self Storage Facility
2,389
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2,350
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Brian Garlington
  • Realtor
  • Oakland, CA and a Real Estate Investor with Multi-Family Units and a Self Storage Facility
Replied

What part of California are you in? I'm in Oakland. First thing you should do is get pre-approved with a lender. Even if you intend to pay cash for properties out there. You will be taken much more seriously. I know of some very good, investor friendly agents out there as well as PM's etc. If you need a lender also, let me know.

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