Summit County / Akron, OH

5 Replies

Anyone have any insight on Summit County or Akron area? I have been looking at some SFR and small-multi opportunities. I have a couple of good leads for Barberton, but I am not sure on the area. Any locals have any input? Good place for buy and hold? Good area for fix and flip? Thanks! Any input is appreciated.

- Matthew

@Matt B. I invest in Summit County. I know a guy through our local REIA that invests entirely in Barberton. I know it is lower end, so maybe not a good, solid flip market. Or maybe not without an airtight team and model. I know there isn't strong demand for people to move there.

This guy does only buy and hold and I know he does well in that market.  He has been investing there since '84.

If you need anything else just let me know.

Ryan

I have a few homes in Barberton/kenmore and they are great rentals. I personally would not buy to flip as I doubt there is much profit margin there. I'm actually closing on two houses in Barberton this month. 

I live just outside Barberton and have a bunch of houses in Akron and one in Barberton. I use a property manager on many of them but they are still not hands off.  Lower end properties (and tenants) like here in Akron and Barberton are hands on even with a good property manager.  I deal with these houses in person constantly.

Barberton is an area I get a ton of calls for rentals, along with Wadsworth, but not many listings to show. For an investment, I would say it would be a good place to buy and hold for a while. Currently the hot action for flipping/sale is in the northern Akron area and 'burbs. 

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