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Updated over 6 years ago,
Looking to meet up with Cleveland multifamily investors
I have been investing in the greater Seattle area for the last 3 years with my wife and have accumulated 29 doors across 3 properties (and sold another 6 doors). We are now looking to invest in the Cleveland market and are underwriting 10+ unit multifamily for BRRRR.
We are just diving into learning the market and the little nuances like point of sale inspections and snow. (I hear it’s white and fluffy and you shovel it?) One thing I have found is that 10+ unit apartments appear to be a rare breed.
I would love to hear from other investors in the are who currently own 10+ unit multis in the greater Cleveland area as to what your experience has been with operating in Cleveland and anything in particular to look out for. We are looking into Garfield Heights, Lakewood, Brook Park, Brooklyn Heights.
We will be flying into Cleveland the morning of Friday 8/10 and staying until mid day 8/12. If any multifamily investors in the area would be willing to meet up and chat, we would love to share our experiences and pick your brain over a beer or coffee.
Thanks in advance!