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Updated 19 days ago on . Most recent reply
neighbourhoods to focus in cleveland for multifamilies
Hi Everyone,
I'm relatively new to long-distance investing and am exploring the purchase of multifamily properties in Cleveland. My primary focus is on the BRRR method, with a greater emphasis on appreciation over cash flow.
For those with experience investing in Cleveland, I’d greatly appreciate any insights on neighborhoods worth focusing on. My budget is in the $200-250K range.
Please feel free to let me know if additional details would help, and thank you in advance for your time and advice!
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Quote from @Srikanth Kumar:
Hi Everyone,
I'm relatively new to long-distance investing and am exploring the purchase of multifamily properties in Cleveland. My primary focus is on the BRRR method, with a greater emphasis on appreciation over cash flow.
For those with experience investing in Cleveland, I’d greatly appreciate any insights on neighborhoods worth focusing on. My budget is in the $200-250K range.
Please feel free to let me know if additional details would help, and thank you in advance for your time and advice!
In general duplexes will be less than $200k in most Cleveland neighborhoods. Give The Ultimate Guide to Grading Cleveland Neighborhoods a read to see which neighborhoods fit your appetite for risk.