New to Real Estate · Member since 2020 · 1 post · 2 votes
Looking for my first investment opportunity. Long term rental, out of state. Is Euclid Ohio still a good place to look? Has the Amazon distribution center actually made it more appealing since it was added? Would you still classify it as B and C mixed area? I looked at Parma but it’s kinda hard to have positive cash flow now with the conventional loan route. Is Euclid a better choice for cash flow rate then? Thank you for your insights in advance!
If you're looking B to C mixed area I would look into Cudell, Old Brooklyn, West Boulevard, Jefferson and Clark Fulton. These areas cash flow pretty well, with deals hitting 1% or higher.