Best Cleveland Markets for Cash Flow?
For those based in Cleveland.
Which markets do you think are the most promising and which areas look the best for cash flow investing?
I am trying to narrow my search down to maybe 3 promising markets and look within those for a multi-family deal. I want to spend my time scoping out areas in great detail.
Thank you! I really appreciate any insight.
Ben Sulka, aspiring real estate investor
Most Popular Reply
Hi Ben - @Shane Kelly pointed out some great areas to scope out.
One thing to consider- You had mentioned in the forums previously that you had the goal of house hacking. If that is the case then you could even consider getting into a more premium neighborhood like Lakewood. If you buy a duplex using FHA financing then you only need 3.5% down and the rents are skyrocketing in Lakewood. Your cash on cash still ends up being amazing and you are living in a more desirable neighborhood with better tenants and a higher chance for appreciation as well.