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Updated over 8 years ago on . Most recent reply

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10
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2
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Ronald Green
  • Atlanta, GA
2
Votes |
10
Posts

Out of state Investing in Cleveland Ohio. Agent or firm?

Ronald Green
  • Atlanta, GA
Posted

Im a newbie investor looking to get started in the Cleveland, OH market. Ive heard that most people getting solid ROI's are purchasing Single Family Homes in the west side of Cleveland. Would it be smarter to look into both SFH's and higher volume multi families like 8-plexes and skipping out on the duplex and 4-plex market? or to just focus on SFH's in that area?

Also, for those Do it yourselfers, have you seen a significant difference in finding the properties, running the metrics, and vetting out the market yourself or would you recommend jumping in with an established local investment firm? **Im out of state so the whole boots on the ground method is out of the question at the moment. So, my options essentially are finding a local individual agent and work it out with that person or use an investment group.

Thanks in advance for the input! 

Cheers!

Most Popular Reply

User Stats

260
Posts
162
Votes
David Terbeek
  • Property Manager
  • Cleveland, OH
162
Votes |
260
Posts
David Terbeek
  • Property Manager
  • Cleveland, OH
Replied

My pleasure.  There are some opportunities near Case Western Reserve University & University Circle.  The only word of advice is that the streets can change very quickly  That might be an area that you want to come see for yourself - I know that is not logistically ideal but just a thought due to wild variance block to block.

  • David Terbeek
  • 216-926-2900
business profile image
Re/Max Haven Realty

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