All Forum Posts by: Emily Baratta

@Joe Ventresco @Bill Pate Thank you both! This is great to know. I did not realize it would be dependent on town. Most properties I was looking at are in South Euclid, Parma or Cleveland Heights. I will take note of the neighborhoods you mentioned and look in to them!

Hi Everyone!

I'm considering Ohio for my first rental property investment, since it seems to be a market with strong cash flow. I have heard, however, that there are mandatory inspections of rental properties by the city, and it can often turn in to a headache because of constant fining, and demanded upgrades.  Does anyone have experience with this? Would you recommend avoiding the Cleveland market because of it? Or is it relatively smooth process? Any insight in to the process, cadence and cost would be appreciated!

@Tom Ott Thanks for this info! Good to know on Ohio. I'm really interested in the market, but wanted to make sure I don't get in over my head!

Hi Everyone!

I am new to Biggerpockets and looking to invest in my first rental property sometime in the next six months.  I live in New York City so I am planning to invest out of state through a turnkey. So far, I really like Homeunion and Roofstock. They each have a different strengths. In terms of markets, I am thinking about Cleveland area, Memphis, Pittsburgh area, Indianapolis, or Georgia. I would like to purchase a property for no more than $100,000, and cash flow is what I would like to prioritize. 

I would love to hear any advice from people who are in these markets or have worked with a turnkey provider that brought them a lot of success! Or I would love to hear about what markets people think I should also be considering!

Also more specifically, Cleveland seems to be great for cash flow, but I have heard required inspections from the city can be incredibly frustrating, eating up time and money. Does anyone have experience with this? If so, would you recommend a first time investor avoid Cleveland? How should I approach this?

Additionally, if anyone has experience in these markets and is based in New York City, I would love to have the opportunity to meet up!