Buy and Hold Cleveland Duplex

[Ryan Alexander]

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $103,000
Cash invested: $25,000

This is a buy and hold duplex. Bought it and did slight rehab and now fully rented.

[Shane Kelly]

Quote from @Lynn Berg:

@Ryan Alexander

Hi Ryan, I am looking into the Cleveland area as well. What do think of appreciation there? I heard the cash flow is good. Do you use a property management company?

 Cashflow is solid across most of the greater metro, however appreciation is not known for being great. If you want a mix of both, Columbus is a good market to look into, but if you are a cashflow-focused investor, Cleveland can take you far.