I have a property Under contracts in Cleveland Ohio the ARV is 97K and under contract for 40K.

Hello All,I am currently searching for knowledgable real estate agents in the Cleveland, OH area that can assist me as a buyer. 

I have rounded up a few investors and we'd like to purchase Multifamily Properties in Cleveland or Jacksonville.

MonthSale Price, AverageOct 2017$177,803Nov 2017$177,121Dec 2017$157,664Jan 2018$151,357Feb 2018$165,454Mar 2018$160,812Apr 2018$175,215May 2018$186,830Jun 2018$188,939Jul 2018$182,399Aug 2018$187,821Sep 2018$184,097Not for Ohio: here is the average sale prices in Cuyahoga county (Cleveland with some suburbs).

I spent a weekend looking at their business processes, build quality and the neighborhoods they were in.In my experience the two most important things when investing out of state is to know the market (over 1 million in population with consistent growth, a business friendly government, inexpensive houses, and plenty of jobs) and get to know the team enough to trust them (Do they have construction and property management under 1 roof, how do they acquire their properties, do they know neighborhoods street by street, what is their screening process, etc)Even though i live in ohio and there are some great markets in Cleveland and Columbus, because i have found a great team in Indy, i’ve Been investing with them over the past 5 years and now have 10 units with them.I’ve used leverage in my local markets for growth and SDIRA with the turnkeys to grow my retirement.

I can connect you with a Cleveland agent or consider Detroit you can get at least $400/door if not more

I am in northeast Ohio so I was hoping to find one within the Cleveland area or Ohio.  

I know north of Chattanooga in Cleveland they have a lot more multi-family properties that might be worth exploring.Best of luck to you and your wife and look forward to following your journey!

I took a trip to Youngstown, Cleveland, and a few other markets there.

In Cleveland it's one month rent to place a tenant and 10% of groos rent PM fees.