Thoughts on Lorain as a place to invest?

Question

I'm looking at a few deals in Lorain and am curious to hear your opinion. I know the area, but not from the perspective of a rental property owner. I'm specifically looking on the affordable housing side, east side of Lorain. Any insights on vacancy rates, etc would be greatly appreciated. As well as general thoughts on the area.

Steven Taylor · Answer

@Pete Abilla

Hi Pete I have about 200 homes is Lorain and manage about 600 more in the city

Lorain has great parts to be investing in. But it does have a few spots that you will loose in.

Where are you looking at

Angel Vargas · Answer

@Steven Taylor hey Steven I'm about to close on a duplex in the east side near Colorado ave is that a good area or a area I will lose?

Steven Taylor · Answer

Sure make sure if your going to buy out of town get with someone you trust so you dont buy in a bad area

Donald Sinclair · Answer

Hey Steven, I am looking to purchase a rental in Lorain, any insight you can provide on good/bad areas of town would be greatly appreciated. Thank you

Thoughts on Lorain as a place to invest?

Thoughts on Lorain as a place to invest?

Most Popular Reply

4 Replies