When he became ill with pancreatic cancer and passed away in 2020, my sister and I executed an asset sale with the help of a business broker and leased the property to the purchaser of Larry's Auto Clinic, a man named Larry, if you can possibly believe that!

When he became ill with pancreatic cancer and passed away in 2020, my sister and I executed an asset sale with the help of a business broker and leased the property to the purchaser of Larry's Auto Clinic, a man named Larry, if you can possibly believe that!

I was overseeing a 60,000 sf medical clinic remodel during the 2 year construction phases and I was on site once a week, all day. 

Hi, looking to possibly get started in Cleveland and hoping to find a 2-4 unit to rehab and MTR so need to be relatively close to Cleveland Clinic, etc.We’re OOS and just started looking so haven’t reached out to any pro’s on the ground there, but when I look on Zillow, realtor, etc I’m seeing a lot of distressed properties that look like they have potential… However, what I’m not seeing are many comps for ARV. i’m seeing a couple around $150,000, but they’re all dated and not even all that nice.

Sounds like they are trying to book all thru the gals Clinical Rotations for PT school.

It is hard for people to separate out the emotion of the whole thing, but after having been burned a few times you will learn to look at each tenant pretty clinically. 

This is more niche than airbnb and am unsure what sort of demand there would be for this in Cleveland apart from maybe University Circle area where you could rent to visitors in town for Cleveland Clinic/UH and Case around there.

Signed up to Cleveland Clinic's internal housing office last year and paid the $300 fee per property for the year - did 3 properties.

Hi Rami, I have found value investing in Cleveland, OH because it is home to Cleveland Clinic, lot of good neighborhoods, landlord friendly laws, stable appreciation and good cash flowing properties.

my san francisco home of ~30 years is about to close (under contract for ~$2M+) and i need to shelter about half for a 1031, since we rented the downstairs & the cottage. the SF home is ~95% paid off, so i'll have about $900k for the 1031 and about the same in cash. my wife and i will use our $500k homeowners exemption to offset the tax hit for the non-rental portion. i'm now living in marin county, near my primary care medical office, but home prices here are astronomic compared w/ elsewhere. i won't have time to do the management myself (even locally) for quite a while, so i'll need somebody to do that, whether i buy locally or not. the only RE investment i've ever made is the SF house in the 1980s, which i bought for about a fifth of the purchase price. but since i won't be practicing forever, and don't have much saved, i'll be relying on the ~1.8M+ as retirement income someday. needless to say, the free clinic didn't offer a 401k ;^) triple nets seem a little scary, since i don't have a feel for them. my dad was a contractor, and i helped him take care of tenants in the few small MF buildings he built, and i've been a landlord (for the tenants in my SF house).