Updated almost 3 years ago on . Most recent reply
Small multi-family investing.
Yet another beginner looking to invest in the Cleveland area. I would like to invest in small multi-family houses. Since I'm just starting out I would like to concentrate on cash-flowing properties in C areas. Any areas that have cash flow and have appreciation would be a bonus. I'm going to be in Cleveland on the 29th and 30th of this month with my pre-approval in hand hoping to get lucky. I would like to connect with an investor-friendly agent while I'm there to help minimize my missteps. What areas should I be looking at? How worried should I be about the lead paint testing?
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- Real Estate Agent
- Columbus, OH & Cleveland OH
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@Anthony Roberts
I would recommend being in areas on the West Side of Cleveland like West Blvd, Cudell, Old Brooklyn, Clark Fulton, Edgewater, Jefferson, and Brooklyn Centre. The reason is the rent-to-price ratio is good so you can cash flow, and most of the West side doesn’t have a Point of sale inspection which is really annoying.
- Patrick Drury
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