Updated over 3 years ago on . Most recent reply
Best Cleveland Markets for Cash Flow?
For those based in Cleveland.
Which markets do you think are the most promising and which areas look the best for cash flow investing?
I am trying to narrow my search down to maybe 3 promising markets and look within those for a multi-family deal. I want to spend my time scoping out areas in great detail.
Thank you! I really appreciate any insight.
Ben Sulka, aspiring real estate investor
Most Popular Reply
Hi Ben - @Shane Kelly pointed out some great areas to scope out.
One thing to consider- You had mentioned in the forums previously that you had the goal of house hacking. If that is the case then you could even consider getting into a more premium neighborhood like Lakewood. If you buy a duplex using FHA financing then you only need 3.5% down and the rents are skyrocketing in Lakewood. Your cash on cash still ends up being amazing and you are living in a more desirable neighborhood with better tenants and a higher chance for appreciation as well.