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Updated about 1 year ago on . Most recent reply

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Evelyn Allasi
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Is investing in University area of Akron a good idea?

Evelyn Allasi
Posted

Hi, I am new here, new in RE in general, and I have a question, if there is anyone local from Akron I would highly appreciate the input. I am in FL looking to buy an investment property in Akron, the University area called my attention because of the need for housing for the students but in the neighborhoodscout crime website it tells me that area is so high in crime that makes me think twice about investing there. The fact that I am out of state makes it even more difficult because I am a single mom of 2 toddlers so I can’t go there physically before making a decision. I got a RE agent (referred by the lender) but she doesn’t seem Knowledgeable at all. So I need to find another one but in the meantime would like opinions, ideas. I basically wanna know the rental occupancy rate in that area. 

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Melanie P.
  • Rental Property Investor
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Melanie P.
  • Rental Property Investor
Replied

There are plenty of affordable investment properties in Florida. Why are you shopping for property in Akron, Ohio? And if you're truly serious about purchasing real estate in Ohio it would be a good idea to take a trip out there to learn the cities and neighborhoods, visit them at night, see if it's a good fit for you 

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