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Updated 5 months ago on . Most recent reply

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Jonathan Feliciano
  • Accountant
  • Miami, FL
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What's it like managing a rental property in East Cleveland?

Jonathan Feliciano
  • Accountant
  • Miami, FL
Posted

Hi Cleveland BP Community,

I've noticed a lot of cheap houses for sale in East Cleveland that could make great cash flow given their list price. However, I heard East Cleveland is a D to F class area.

For those of you with rental properties at or near East Cleveland, what is it like managing rental properties over there? Are the tenants hard to deal with? Do you experience break-ins / theft? Do you deal with squatters?

Knowing the good and bad would be much appreciated.

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James Wise#4 All Forums Contributor
  • Real Estate Broker
  • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
19,549
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James Wise#4 All Forums Contributor
  • Real Estate Broker
  • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
Replied
Quote from @Jonathan Feliciano:

Hi Cleveland BP Community,

I've noticed a lot of cheap houses for sale in East Cleveland that could make great cash flow given their list price. However, I heard East Cleveland is a D to F class area.

For those of you with rental properties at or near East Cleveland, what is it like managing rental properties over there? Are the tenants hard to deal with? Do you experience break-ins / theft? Do you deal with squatters?

Knowing the good and bad would be much appreciated.


 It's the hardcore ghetto bro. The tenants are savages. Junkies, hookers, felons etc....That is your tenant base in East Cleveland.

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