All Forum Posts by: Julien Raynard

Hello,

I invest mostly around University Circle (Glenville, St-Clair, Collinwood, ...). Houses are affordable but need rehab (that's my choice). Cap rate around 10%. Very interesting market.

Thanks

Hi,

In my case, mostly single-family homes (sometimes multiplex of 4-6 units) which need rehab and generally occupied.

Hi,

I'm looking for a local bank in Cleveland area for financing and/or refinancing commercial buildings. Do you have any ideas ?

Thanks

Hi Jordon,

neighborhoods near University Circle are great (Buckeye-Shaker, St-Clair) but I'll avoid East Cleveland.

Hope it will help you.

Hi, 

I've already invested in Cleveland and it's a great place for cashflow (+12%). If you have any questions concerning Cleveland, don't hesitate to reach out.

Hello Anne-Marie,

my investments are in Cleveland too. Cleveland is great for cashflow and houses are affordable. If you have any question, don't hesitate to reach out.

Investment Info:

Single-family residence fix & flip investment in Cleveland.

Purchase price: $600,000
Cash invested: $600,000

17 single family homes located in Cleveland East Side (Collinwood, Glenville, Slavic Village). Rental between $700 to $1000, PM in house. Cape rate ROI net before tax +13%

Hi Jay, I bought an office and some SF near the same area (North Collinwood). I would say that it's good for cash flow, home are affordable and with rehab you can rent it around $700 (SF with 3 BR). 

Investment Info:

Single-family residence fix & flip investment in Cleveland.

Purchase price: $600,000
Cash invested: $600,000

17 single family homes located in Cleveland East Side (Collinwood, Glenville, Slavic Village). Rental between $700 to $1000, PM in house. Cape rate ROI net before tax +13%