Updated over 4 years ago on . Most recent reply
First out of state property in the Cleveland area
Hello! I'm an investor from Colorado, looking to make my first foray into out-of-state investing in the Cleveland area. I own several properties here and am looking to purchase a multi-family unit out of state. Up until now, I've self-managed all of my properties. I've got my funding in place, and I've found an agent to work with, but I'm struggling to find a great property manager and lender. I would love to connect with others investing in the area who would be willing to chat about their experience of finding great team members or investing out of state.
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I'm out of state as well. I just sold my duplex in Euclid, OH (just northeast of Cleveland) and closing on a SFH in the same area with a 1031 exchange on this transaction. I'm working with Flagstar Bank right now, with a loan officer based nearby. Cleveland and the surrounding areas are on fire right now. My realtor just finished hosting several out of state investors and homes there don't stay on the market very long. It wasn't like this 5-6 years ago when I first started investing in the area. Incredible turnaround.