Outside investor; 2-4 unit Cleveland.
Hi all,
I've been looking to invest in Cleveland for the last 2 years. I'm wondering, if the market still calls for good investment for cash flow.
Also, if anyone knows an agent please let me know. I'm looking to get more #s on 2-4 multi units to crunch some numbers.
I'm looking mostly in B areas and C areas that are appreciating.
Any other tips would be great.
Most Popular Reply
Hi Greg, depending on what neighborhoods you're looking into, yes, it will cash flow just depends on "how well." Our properties are in Lakewood (in A type neighborhoods). Make sure to drive and take a look at the properties (or have someone do that) as things can differ street by street from my experience. Surprisingly, the market in Cleveland is still fairly strong (i.e. I was expecting prices to go down due to COVID, but they've maintained well, at least in Lakewood). But there are always deals if you're willing to look. Also this is a great site to get started w/ a bunch of referrals for folks you'll be looking for: http://www.clevelandinvestorpr...