Investing in Cleveland/Akron, OH areas
Hi! I'm a relatively new investor (2 small multi-family units) located in St. Louis, MO. My family and I are considering a move to northeast Ohio (likely somewhere between Akron and Cleveland) in the next year. We are growing in our love for real estate and very much desire to invest wherever we live (not 100% sure I want to go all-in on the long-distance game just yet).
For those who live/work/invest/sell in northeast Ohio, I would love your input!
- What trends have you observed in the area over the last decade? (population movement, rents, property values, etc.)
- What asset classes have found to be most profitable? Price point within that asset class?
- Things you would have done differently if you were starting over in the area.
Thanks in advance for your input!
Mark