All Forum Posts by: Saleh Riazi

Hi zach, I think you are on the right track. Just to add to other peoples comments, there are a lot of good areas in Cleveland to invest, you need to run your numbers and find the area that gives you your desirable cash flow with a decent tenant base. I think there are a lot of cash flowing areas on the west side that lack the good tenant base and there are some areas on the east side that you get better tenants but the cash flow is not as great. Like Riggies mentioned, University H. is one of the more decent areas of the Cleveland but the Tax can sometime eat up your cash flow. 

Hello Johnny,

I am having a hard time following your table here. Maybe a PDF with defined line would be easier. but does your app take the CAP Expenses, maintenance, property management,insurance and etc. into consideration. Also, I am not sure how Zillow API compares to Rentometer API, but you might want to look into that as well.

Good luck  

Hello Jessica

Check out Barbera Home Improvement. I used them last year to provide me with a quote on the roof project and they were pretty good,look them up online and ask for John

Good luck

Hey @Ricardo Romero, I agree with @Maxwell Ventura. It would be easier for you to do fix and flip where you live. Managing that out-of-state would not be fun. But if you do decide to do that your best bet is probably some real estate agent who has a lot of connections in the area. Connect with @@Remington Lyman.

Good luck

Hey @Greg Z. 

To add to everybody else's comments, @Katrina Razavi, is correct. It all depends on "How well". It is also a number's game. The more you look at, the more numbers you run, the higher your chance of finding one that cash flow in a reasonable range. Also, make sure you consider the Tax for some of those A and B areas. Taxes in some of the nicer areas could totally kill your cash flow.

Good luck

Hey @Gardy Saturne, I have been investing in the area for couple of years now and out of that list only know a decent PM company. Message me and I can put you in contact.

I was there few months back, so hopefully next time we can meeting up. have fun and stat safe.

Hello BP community,

I am an out-of-state investor who is interested in participating in networking events in Cleveland OH. Before COVID time, this was not possible, since it required to be physically present. But now with most of the networking events and investor meetings going online and virtual, I was wondering if anybody here is aware of similar REI groups in Cleveland, OH market who might be holding virtual meetings.

Thank you @Alex Bekeza,  @Simmy Ahluwalie and @Reginals Trusss

I will message you the information. 

Thank you

Hello BP community,

Anybody knows of any bank(s)/lender that does cash out finance on rentals? My properties are in Cleveland OH.

Any help would be greatly appreciated.

It all depends on the expectations. You can't expect the same turn around in Cleveland than some other parts of the country. My experience has been 20 to 30 days on average. Also it depends on the time of the year and location of the property. I am using IIP Management and so far have been happy with them.  PM me for direct contact.