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Updated about 2 years ago on . Most recent reply
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Cleveland housing market
I’m an invested in mass, I’m thinking about investing in Cleveland Ohio. I see houses as low as 15 to 30k. Are these price accurate, do homes sell out there for decent price. If there any people who got any deals going on out there. Would like some insight with some hard money deals or regular cash buyers from or familiar with that area.
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Hi Cliff! I can at least answer the initial question. Homes do and can sell for prices that low. However, some of the areas that those houses are located in is an example of getting what you pay for. A lot of those areas would have a high turnover rate due to tenants constantly moving out of some of those areas or due to evictions because some of the tenants have rents for 2-3 months and then that would be it. Also, good tenants would prefer not to live in most of those areas.