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Updated over 1 year ago on . Most recent reply

User Stats

34
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14
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Jake Burkons
  • New to Real Estate
  • Austin, TX
14
Votes |
34
Posts

Investing in the east side of Cleveland and suburbs

Jake Burkons
  • New to Real Estate
  • Austin, TX
Posted

Hello Bigger Pockets, 

I am currently looking for a relatively cheap(25-50k) single family home on the east side of Cleveland and surrounding suburbs. I know the home probably won't be in the nicest area however there are some decent areas in Cleveland and suburbs like Maple Heights and Euclid that I'm considering.

Do y'all have any recommendations of what areas in particular to look in?

Also is there anything in particular I should look out for when buying a home in these areas. I know crime isn't great but are there any other outlying factors that would be detrimental for an investor?


Sincerely, 

Jake Burkons 

Most Popular Reply

User Stats

383
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361
Votes
Shane Kelly
  • Real Estate Agent
  • Cleveland, OH
361
Votes |
383
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Shane Kelly
  • Real Estate Agent
  • Cleveland, OH
Replied

If you're looking for a home that cheap, you're going to be priced out of Maple Heights and Euclid for sure. I'd say you'd be pressed to even find any good C- neighborhood houses for that price. With that being said, there are a select few C-/D+ areas that have some things going for them. Some are already upcoming, some I expect to be in the next few years, but just to name a few: North Collinwood/Waterloo Arts District, Fairfax, Hough, Woodhill Homes, Lee Miles, and maybe North Broadway. I do want to preface though by saying all of those areas are street by street right now and likely will be for some years to come. Having someone who really knows the blocks will be crucial to not getting a trap house in a warzone. Best of luck.

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