All Forum Posts by: Nadeem Alamgir

Hey Arzola, Cleveland would be a great market if you are looking for flips and rentals. 

It has the highest rents on average in all of Ohio for major cities and the median income is not even in the top 3. That creates a really nice price/rent ratio which is favorable for investors looking for cash flow. The median home price is also very low nationwide which creates a low barrier to entry. You can get solid cash-flowing single families in the 90-120k price range and duplexes in the 130-180k price range.

Hey Alec, the mid-market is a pretty hot and affordable. Check out Zillow hottest housing market of 2024: https://www.axios.com/2024/01/10/zillow-ranking-hottest-real...

Cleveland is what  I focus in, it's great market to focus on for cash flow and specific pockets have gone up 2x and upwards of 4x in the last 5-10 years even!

Examples:

44109 (median home price went from roughly 50k to 125k in 8 years)

https://www.zillow.com/home-values/77009/cleveland-oh-44109/

44102 (median home price went from roughly 30k to 120k in 8 years)

https://www.zillow.com/home-values/77002/cleveland-oh-44102/

44106 (median home price went from roughly 100k to 200k in 8 years)

https://www.zillow.com/home-values/77006/cleveland-oh-44106/

If you are on a budget, I would hold onto that and first try to pick pockets of areas you are trying to focus on in your market. Once you picked some pockets, I would pull the addresses of each house one by one. Once you have anywhere from 100 to 150 leads, I would find their names in the county auditor and try to use free online software to skip-trace them. This may sound like a long task, but if you focus 2 hours and have the tabs opened next to each other side by side, you can pull upwards of 100-150 leads in 2 hours.

Hey Logan, Cleveland is a great market to focus on for cash flow and specific pockets have gone up 2x and upwards of 4x in the last 5-10 years even!

Turnkey single family are anywhere around 100k, and turnkey duplexes are anywhere around 150k.  

Hey Michelle, I used to live in NYC as well, and one of the reasons I moved to Ohio is because of the Real Estate. If you are looking for cash flow I would take a look at the Cleveland market. 

Cleveland, Ohio is a great market to focus on for cash flow and specific pockets have gone up 2x and upwards of 4x in the last 5-10 years even!

Hey Haim, 

If you are looking for flips I would recommend the west side of Cleveland. Pockets such as Jefferson, West Boulevard, Cudell, Old Brooklyn to name a few. I can help you find single family anywhere from 60-90k that can use a flip.  

Would love to connect to chat more. 

Best,

Nadeem.

Hey Brandon, there are certain pockets in Cleveland that has potential.Take a look at Fairfax, some parts of Hough and Cleveland Heights.

Check this map when you get a chance - https://www.google.com/maps/d/u/0/viewer?ll=41.4306305326429...

Hey Allen,

ROI and what to expect depends on where in Cleveland. I'm finding duplexes on the west side for 80k-130k. Investors love this area for the cash flow they can make, and I find a ton of off-market deals that are below market value, so they expect a better return.

Some are turnkey, and some are value-added. I would love to know what strategy you are trying to take and help you position it for the Cleveland market.

Best,
Nadeem

Quote from @Account Closed:

Quote from @Nadeem Alamgir:

I'm not referring to who to call. I'm referring to mojo phone numbers.

 Well I'm one of the people who block people like you, so I'm glad it's not easy on your end. 

 I'm not sure what the point of this was but thanks 

I'm not referring to who to call. I'm referring to mojo phone numbers.