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All Forum Posts by: Donald Miller

Donald Miller has started 1 posts and replied 2 times.

Short-Term & Vacation Rental Discussions

Post: AirBnb in Cleveland OH

Donald MillerPosted
  • Posts 2
  • Votes 0

Hi Everyone,

Trying to gauge the demand for short term rentals in Cleveland OH.  I would need to gross $1200 per month on a 2 bedroom condo in Detroit Shoreway to break even ( due to the high taxes in Cleveland and $150 per month condo fees). 

Anyone doing AirBnb in Cleveland with success?  Which site do you recommend using for Cleveland vacation rentals?  

0 Votes
Buying & Selling Real Estate

Post: How would you rate this market analysis data?

Donald MillerPosted
  • Posts 2
  • Votes 0

I live in Cleveland and own a condo in Detroit Shoreway.  There is a lot of segregation in Cleveland.  I would never live with my family in most of the neighborhoods.  Still the rents are high because of Section 8 and Eden government assisted rent programs that pay $$$ (think $885 for a 2bd) for properites with very little appeal.  You can get nice cash flow, but you are stuck with very little appreciation because you are going to have to sell to another investor who will be looking for a deal on your property......Just my opinion.

0 Votes