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Updated about 6 years ago on . Most recent reply

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Cassandra Wolff
  • Cleveland, OH
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Lakewood, OH Real Estate

Cassandra Wolff
  • Cleveland, OH
Posted

I interested in becoming a new rental owner, and am looking into buying a rental property near the Cleveland/Lakewood border. I know the crime rate is higher here than other areas, but am curious:

-Is the area improving? Lakewood, in general, is drawing many more couples, but I'm not sure if they are only moving to more centrally located areas and the Rocky River/Lakewood border.

-Do these properties often have lots of vacancies?

Any information related to Lakewood, OH rentals would be great, thanks!

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Jack Rosenfeld
  • Lender
  • Seattle, WA
9
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Jack Rosenfeld
  • Lender
  • Seattle, WA
Replied

One thing to consider in Lakewood versus Cleveland, is that the property taxes are higher.

That being said, I have heard nothing but good things about Lakewood rental market. My property manager focuses on Lakewood and the Westside of Cleveland.

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