Akron for an out of state investor

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Realtor · Akron, OH · Member since 2023 · 56 posts · 40 votes
1y
Quote from @Kerlous Tadres:
Quote from @Konstantinos Lembesis:

Hello all,

I have been monitoring the Akron market for a few months and I was wondering if anyone had recommendations for neighborhoods to avoid. Any information is appreciated!


Hey Konsatntinos, I have a neighborhood map that I can send to you. But the two main cities I would avoid in Akron is Firestone park, Elizabeth Park, and Cascade Valley. 


 Why on earth would you eliminate Firestone Park over several other areas in Akron? I guess an out of towner might have a different idea of where "Firestone Park" is.

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  • Developer · Cleveland / Akron, OH · Member since 2008 · 922 posts · 399 votes
    1y

    @Konstantinos Lembesis If you search for posts using the city as your search term you will find many discussions that should give you more context than you might gather with a single post.

  • Shawn AckermanPro Member
    Real Estate Entrepreneur · Mid West, East Coast · Member since 2015 · 3k+ posts · 1k+ votes
    1y

    Hi @Konstantinos Lembesis When Settling on a market develop some metrics that you can not only measure the market you are interested in but others that you havn't considered yet.  This will help guide your decision opposed to investing somewhere for a novel reason.

    for example for me it was cash flow, price to rent ratio, land lord tenant laws and availability of multi-families(Just to name a few).  Figure out what is most important to you and measure markets against your metrics.  All the best!

  • Kerlous TadresBusiness Member
    Realtor · Columbus, OH · Member since 2023 · 1k+ posts · 1k+ votes
    1y
    Quote from @Konstantinos Lembesis:

    Hello all,

    I have been monitoring the Akron market for a few months and I was wondering if anyone had recommendations for neighborhoods to avoid. Any information is appreciated!


    Hey Konsatntinos, I have a neighborhood map that I can send to you. But the two main cities I would avoid in Akron is Firestone park, Elizabeth Park, and Cascade Valley. 

    Kerlous Tadres | Reafco Real Estate541 Reviews
    • Realtor · Akron, OH · Member since 2023 · 56 posts · 40 votes
      1y
      Quote from @Kerlous Tadres:
      Quote from @Konstantinos Lembesis:

      Hello all,

      I have been monitoring the Akron market for a few months and I was wondering if anyone had recommendations for neighborhoods to avoid. Any information is appreciated!


      Hey Konsatntinos, I have a neighborhood map that I can send to you. But the two main cities I would avoid in Akron is Firestone park, Elizabeth Park, and Cascade Valley. 


       Why on earth would you eliminate Firestone Park over several other areas in Akron? I guess an out of towner might have a different idea of where "Firestone Park" is.

    • Member since 2023 · 1 post · 0 votes
      1y
      Quote from @Kerlous Tadres:
      Quote from @Konstantinos Lembesis:

      Hello all,

      I have been monitoring the Akron market for a few months and I was wondering if anyone had recommendations for neighborhoods to avoid. Any information is appreciated!


      Hey Konsatntinos, I have a neighborhood map that I can send to you. But the two main cities I would avoid in Akron is Firestone park, Elizabeth Park, and Cascade Valley. 


       Would also like to see this map if you don't mind sharing.

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