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Updated almost 7 years ago on . Most recent reply

User Stats

19
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7
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Quincy Adams
  • Investor
  • Saint George, UT
7
Votes |
19
Posts

Cleveland Ohio investing

Quincy Adams
  • Investor
  • Saint George, UT
Posted

What is the scoop on Cleveland Ohio.  I've only looked today and noticed a lot of good inventory in the Garfield Heights area.  I would love to hear from a property manager and real estate agent that could give some good feedback.  I've been looking at Kansas City MO, but if what I'm seeing in Cleveland is accurate it looks better.

  • Quincy Adams
  • Most Popular Reply

    User Stats

    255
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    248
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    Jad Boudiab
    • Real Estate Broker
    • Cleveland, OH
    248
    Votes |
    255
    Posts
    Jad Boudiab
    • Real Estate Broker
    • Cleveland, OH
    Replied
    Originally posted by @Quincy Adams:

    What is the scoop on Cleveland Ohio.  I've only looked today and noticed a lot of good inventory in the Garfield Heights area.  I would love to hear from a property manager and real estate agent that could give some good feedback.  I've been looking at Kansas City MO, but if what I'm seeing in Cleveland is accurate it looks better.

    Garfield Heights is your average C grade neighborhood. Not a big fan of how multi-family performs here, but plenty of single family inventory that makes for good investments.

    Familiarize yourself with their point of sale system, and try to keep the purchase price low as the 4.22% tax rate will eat into your cash flow at the higher price point. Neighborhoods are average, some streets are better than others, preferably south of Garfield Blvd.

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