All Forum Posts by: Efrem Debesay

Thank you Gladimir!! I will. 

Brother Efrem,
Sounds like you are trying to gauge Cleveland for investing. You should check out www.greatlakesreia.com, they host focus group meetings for buy & hold and flipping.

You can connect directly with experienced investors who are active in Cleveland. In fact, they get many out of state investors seeking insight into local investment strategies, best practices, neighborhoods, pitfalls. Even had a couple folks from Columbus, PA and Florida in the last meetings. You will be able to build a strong understanding of the Cleveland real estate market based on others’ real-life experiences and mistakes. Hit me up if you want a free pass. Good luck.

Thank you James!! I will read it.

 Better is a loaded word. Better for whom? Better for what? It's all subjective to what you want. What your budget is. What your goals are. 

My suggestion is to give The Ultimate Guide to Grading Cleveland Neighborhoods a read. It should help you identify the types of neighborhoods, costs, risks, rents, etc....From there you can figure out what is "better" for you.

Efrem, there are many sites and comparison charts online to do this:  Metal vs Shingle roof?  :)   Either way, "workmanship" counts for a lot!  Especially in metal or specialized materials.  Where the materials are great, but the workmanship in putting it all together then becomes more important (because the materials are already a non-worry element).  But yes, OF COURSE the labor should always be a big consideration! lol

If I/we can help with any Roofing issues or questions in the future, just let me know!

@Efrem Debesay 
It might depend on the kind of rental you have. For example, it might not make sense to ball out and put a new metal roof on a Hilltop duplex when you could just put an asphalt roof on and it will do the same job for cheaper, even if you are holding for a long time. The life expectancy of a metal roof is admittedly longer than asphalt, but I think this all goes back to the debate of leaving the CAPEX as is and replacing items when broken, or do you like to prepare and rip out everything old and replace it all to make it last for a long time from the start. Just depends on how you view it in my opinion.

@Efrem Debesay  Metal roofs do not seem to be as common in the city but, they do last longer and are less likely to have any leaks with one. The only disadvantage I can think of is that they can be a bit noisy when it is raining really hard but at least you won't have a waterfall in the house. I'd compare prices of metal vs shingle to see which one actually cost more before picking which one to use.