First turnkey rental in Ohio

[Callum Cameron]

Hi, I am a UK resident and am thinking of purchasing a turnkey rental property in Cleveland via Global Investments. I would appreciate any advice from people who know the local market. The properyt I am currently looking at is on Linn Drive Glenville, is this a war zone? Any advice greatly appreaciated

Thanks

Callum

[Dulcey Barr]

Hi and possibly welcome to Cleveland! I’ve been a landlord and GC for over 25 years in Cleveland and serviced the lending industry when the foreclosure crisis was in full swing. I’m also a licensed real estate agent. I have a couple of investors who only look for opportunities in this area because they have a contractor who owns property himself in this area. It works great for them. I don’t own in this neighborhood myself and I have almost 30 units. I would absolutely not recommend purchasing in some parts of Cleveland as a first time investor because you don’t have people that talk the talk and walk the walk of that particular neighborhood. I own all over Cleveland and in Euclid. I would proceed with Cleveland, but I would proceed with caution. I would talk to as many investors as possible who own in Cleveland, and if they don’t self contract I’d find out who is contracting for them and who their property manager is. All day every day I hear stories — some good and a lot horrifying. I would like to see you avoid the latter. You can PM me if you would like to chat further.