Investing in the Cleveland market
What's your input about the Cleveland market? And locations to invest for SFR or duplexes, triplexes and quads? Thank you
Most Popular Reply
Yes, Cleveland is a great untapped rental market that not a lot of people really know about. I see a lot of investors looking for multi-family properties, and they're out there, and I can find them for you. But you shouldn't overlook the single family rental market in this area, it's outstanding. I'm finding properties regularly, I just found one two minutes ago, that are selling for 50-60k, in viable rental neighborhoods, getting $800-$1000 a month. That's like a 20% ROI, you can have the house paid off in 5 years and be collecting straight profit for however long as you want, not to mention the increase in the home values over time. Feel free to contact me and I can send you some properties I'm talking about.