All Forum Posts by: Timothy Murphy III

@Matt Goudreau

Do your homework on both the market and your boots on the ground team up front. If have questions about Cleveland, Ohio, PM me.

@Timothy Swindle

Welcome to BP.

@Carli Ferrante

Welcome to BP.

@Jeb Brilliant

IMO that's a D caliber area, if not an F caliber area. I'd have to visit the specific street to know for sure how I felt about it. I'm quite certain it's worse than a C area though.

Feel free to reach out with other questions.

@Ben Kunzel

Welcome to BP.

@Jake Oreskovich

There's a lot of investment activity in the Cleveland area, presumably because rents are strong but acquisition prices are still low. Some investors stick to suburban areas where they are finding mostly "B" caliber neighborhoods. Others go into the city where they deal primarily with "C", "D", or "F" neighborhoods. The returns can be higher here but these investments come with their own unique challenges and risks. If this is the strategy you choose, I'd recommend coming to town to get a firsthand feel for your target areas. Feel free to PM me with any questions.

@Laura Gianiotis A lot of investors in your situation choose Cleveland or other midwest cities for their investments. Feel free to PM me if you have questions about our local market.

@Jaron Smith

Congrats on taking the leap.

@Dave Raney

Welcome to BP.

@Dave Raney

Welcome to BP.