James WisePoster
#4 All Forums Contributor
#4 All Forums Contributor
- Real Estate Broker
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Cleveland Section 8: Cash Flow First, Gentrification Second
James WisePoster#4 All Forums Contributor
#4 All Forums Contributor
- Real Estate Broker
- Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
Cleveland Section 8: Cash Flow First, Gentrification Second
In Cleveland, you don’t have to choose between strong Section 8 cash flow and long-term upside. I like targeting affordable rental neighborhoods near areas like University Circle, Little Italy, Tremont, Ohio City, and Gordon Square—places where development, new construction, and investment are already happening nearby. The deal still needs to work based on today’s Section 8 rents, but if that growth eventually spreads into your neighborhood, the appreciation is just icing on the cake.
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Cleveland, Ohio