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Updated about 8 years ago on . Most recent reply

User Stats

23
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6
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Markian Sich
  • Rental Property Investor
  • Oceanside, CA
6
Votes |
23
Posts

8 SF homes in the Maple Heightd / Garfield Heights Ohio area

Markian Sich
  • Rental Property Investor
  • Oceanside, CA
Posted

So here is yet another Ohio package I'm looking at... 

8 single family 3b/1b homes in Maple Heights / Garfield Heights / Euclid area, all selling for about 50k with about 850-950 in rent. Some are section 8, some are not. I can split up the deal I am pretty sure. They are completely rehabbed and look great, inside and out. 

I got some negative feedback recently on Cleveland Heights multi-family properties and so I decided to explore single family properties in other areas. 

Is anyone familiar with these areas? How do you feel about section 8 in these areas in particular? The numbers seem pretty good, any Ohio specific things I should consider? 

Thank you all, I appreciate it!

Markian

Most Popular Reply

User Stats

209
Posts
83
Votes
Isaac Rowe
  • Rental Property Investor
  • Cleveland, OH
83
Votes |
209
Posts
Isaac Rowe
  • Rental Property Investor
  • Cleveland, OH
Replied

@Markian Sich

Welcome to BP.  Unfortunately a lot of investors I work with avoid Maple Heights.  They are very picky on inspections and there rental inspections every time you re-rent can be very painful.  Because of how difficult the city is to  work with the whole city is basically being transformed into a rental city, and the city is also having major financial difficulties.  Garfield is preferred by most of my investors as the city is much easier to deal with.  

Feel free to reach out with any specific questions.  

  • Isaac Rowe
  • [email protected]
  • 4408228422
  • Loading replies...