Updated about 3 years ago on . Most recent reply
Getting to know Cleveland
Hi! I'm an investor out of Chicago looking to invest in Cleveland. I know the area varies by block like Chicago, so does anyone have any recommendations? I'm a new investor so I appreciate any word of advice
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#4 All Forums Contributor
- Real Estate Broker
- Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
I suggest reading The Ultimate Guide to Grading Cleveland Neighborhoods. Biggest mistake I see out of state investors make here in Cleveland is overpaying for a property because they compared it to where they lived and thought there was no way they could lose since it was so cheap....You can still lose on a cheap deal if it's not as cheap as the comps and coming from Chicago you'll probably be shocked at how cheap some properties can be while still being overpriced.