Looking to invest in Cleveland

[Roman Ladijensky]

Hi Everyone,

My name is Roman, and I am new to real estate investing. Did my research and decided to invest in Cleveland.

My plan is to start out by purchasing SFHs, in a C class (and above) areas with a budget of 60K$ (All in)

and continue with that tactic after completing the first deal.

Can anyone provide some tips for me?

Any special or unusual RE rules that I should be aware of, for Cleveland?

What are the best neighborhoods to invest in for buy&hold or flip?

What are the worst areas that I should stay away from?

I would love to connect with agents and wholesalers that work with investors.

Thanks for the help

Roman

[Tom Ott]

Originally posted by @Roman Ladijensky:

Hi Everyone,

My name is Roman, and I am new to real estate investing. Did my research and decided to invest in Cleveland.

My plan is to start out by purchasing SFHs, in a C class (and above) areas with a budget of 60K$ (All in)

and continue with that tactic after completing the first deal.

Can anyone provide some tips for me?

Any special or unusual RE rules that I should be aware of, for Cleveland?

What are the best neighborhoods to invest in for buy&hold or flip?

What are the worst areas that I should stay away from?

I would love to connect with agents and wholesalers that work with investors.

Thanks for the help

Roman

 Cleveland is a great place to jump in. If you are looking to buy the property in cash, you may have a hard time finding something decent for $60k. If you are going to leverage it, I would stick to the Eastside suburbs such as Euclid, South Euclid, Cleveland Heights, Bedford, Willowick, Eastlake, Mentor, Maple Heights or Warrensville Heights.