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Updated almost 8 years ago on . Most recent reply
Cleveland neighborhoods to target and those to avoid
I am researching investing in buy and hold rentals in the Cleveland area through turn-keys. I was hoping for some suggestions from the BP forum followers. My goals for these transactions are B/C grade SFR properties (3bd/1ba typically), positive cash flow (obviously), CAP rate 10+, purchase price <$70k.
My asks:
Top three neighborhoods to target.
Top three neighborhoods to avoid.
Top three tips for vetting out turn key companies.
Thanks!
Kevin
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James Wise
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James Wise#3 All Forums Contributor
#3 All Forums Contributor
- Real Estate Broker
- Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
Originally posted by @Kevin D.:
I am researching investing in buy and hold rentals in the Cleveland area through turn-keys. I was hoping for some suggestions from the BP forum followers. My goals for these transactions are B/C grade SFR properties (3bd/1ba typically), positive cash flow (obviously), CAP rate 10+, purchase price <$70k.
My asks:
Top three neighborhoods to target.
Top three neighborhoods to avoid.
Top three tips for vetting out turn key companies.
Thanks!
Kevin
Give The Ultimate Guide to Grading Cleveland Neighborhoods a read.