All Forum Posts by: Eric DeVito

Thanks for the replies. Can anyone tell me about the Cleveland Heights area & Euclid area?

Hello all, I am interested in getting into apartment complex investing in either Cleveland or Columbus Ohio areas. I would say between 15-50 unit size. Can anyone locally recommend which areas to focus on and which to stay away from? Also any other advice would be great! Thank you. 

@John Hickey Way easier said that done my friend.  

@John Hickey I will be using the VA loan again to buy a multi family after I sell the home I'm in now. If I want to stay close to home in terms of investment properties perhaps I can look in Newark and PA. Hard to break into NYC market

@Chris Martin Your made it clear I'm a newbie and I know this already. So that being said what advice can you share if you were in my shoes. 

Hello all! As the subject states, where are some good places to invest in multi-family near NYC? Which markets are the best in terms of cash-flow. 

@Andrew 

@Andrew Johnson I understand your point. I wouldn't do that. I am looking for something towards 15+units. 

@Chris Martin I understand what your saying and I have been through the forums for a while now. I was looking at 3-4 family units within an hour drive from me but I don't feel the returns is worth it. I bought a SFH home using the VA Loan and I got a great deal. I am hitting the two year period shortly on this house so I want to sell because I got an apprasial and can make a nice turn around on the house. I also have to wait 2 years to avoid property gains tax.

The plan is to use the VA Loan again locally and house hack, and then use my profits from selling my original home to buy an investment property (preferably multi-unit).

@Gary Swank that would be great. I would like all the knowledge you can give me. Thank you.

@Alex Deacon Yes that would be great. I would like all the knowledge you can give. Also what areas are best to look into for apartment complexes?