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Updated 2 days ago on . Most recent reply

User Stats

13
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Sakheni Dlamini
3
Votes |
13
Posts

Hello, about to do my first deal and I’ve got cold feet

Sakheni Dlamini
Posted

Hello folks

Out of state first time investor here. Nervous and second guessing myself as a first time investor and about to invest in Ohio market. 
Can someone who knows this area please give me the 411 beyond  what I can find online and what an agent can legally say. 
Here’s the address I’m looking at 

1615 E 47th St Cleveland, OH 44103

https://redf.in/CzpDH1

I know this is perhaps a C+ area. Curious about your opinions. Also a reputable property management company told me they don’t service the area because of high vacancy, break ins and other such things they can’t legally disclose.  😳 Would you invest in this area? 

Please feel free to DM me if you’re not comfortable chatting here, but I really wouldn’t want to make a mistake on my first deal. Eeek 😨 

Thank you so much

Best

Sakheni

  • Sakheni Dlamini
  • Most Popular Reply

    User Stats

    29,090
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    James Wise#4 All Forums Contributor
    • Real Estate Broker
    • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
    19,977
    Votes |
    29,090
    Posts
    James Wise#4 All Forums Contributor
    • Real Estate Broker
    • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
    Replied
    Quote from @Sakheni Dlamini:

    Hello folks

    Out of state first time investor here. Nervous and second guessing myself as a first time investor and about to invest in Ohio market. 
    Can someone who knows this area please give me the 411 beyond  what I can find online and what an agent can legally say. 
    Here’s the address I’m looking at 

    1615 E 47th St Cleveland, OH 44103

    https://redf.in/CzpDH1

    I know this is perhaps a C+ area. Curious about your opinions. Also a reputable property management company told me they don’t service the area because of high vacancy, break ins and other such things they can’t legally disclose.  😳 Would you invest in this area? 

    Please feel free to DM me if you’re not comfortable chatting here, but I really wouldn’t want to make a mistake on my first deal. Eeek 😨 

    Thank you so much

    Best

    Sakheni


     Not a C+ area. It's the Ghetto. D/F.

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