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Updated over 8 years ago on . Most recent reply

User Stats

139
Posts
71
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Steven Gillmer
  • Investor
  • Boerne, TX
71
Votes |
139
Posts

New to investing in the Cleveland area.

Steven Gillmer
  • Investor
  • Boerne, TX
Posted

Hello all! I recently purchased a duplex in Old Brooklyn thanks to Matt Motil and I am excited about adding to my portfolio. Just wanted to drop in and say hello to everybody!

I really like the BRRRR concept and have been scouring all of my deal sources for 2 - 4 units properties including emails I receive from a few providers and hope to find another that fits soon. I also am interested in 5+ units where I can add some value.

Hope to get to know you all soon.

Most Popular Reply

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4,766
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1,368
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Tom Ott
  • Equity Raiser and Turnkey Provider
  • Cleveland, OH
1,368
Votes |
4,766
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Tom Ott
  • Equity Raiser and Turnkey Provider
  • Cleveland, OH
Replied
Originally posted by @Robert Antinoro:

I am looking to invest in larger multifamily units in East Cleveland near the clinic within zip code 44112. Many posts refer to this area as a war zone. Should I avoid this area?

100%, unless you are feeling very risky. The area near the Cleveland Clinic in University Circle is amazing and has really turned around in the last 2 years. They are redeveloping a lot. However, the actual city of East Cleveland is not a really good city. They cannot even afford simple city services anymore. The city of Cleveland near the clinic is nice, the city of East Cleveland is NOT.

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