All Forum Posts by: Jared Lichtin

@Account Closed you're  right, a lot of the 2-3 unit buildings especially just get minor paint and carpet touch-ups, as many investors try to do the bare minimum just to get by without any major repairs. I flip in Cleveland and have a few rentals. Definitely hard to cashflow in suburbs on the east side because of the high taxes, but in the suburbs, west side and even rural areas to medina and akron have serious housing shortages. Rentals in good school districts can cashflow nicely.

Hi @Levent Caglar, I am an attorney (licensed in TX) and do a lot of flipping in Cleveland. Why is the seller backing out? Have you already procured a loan and ready to close? What's the deal?

Hey @Michael W. Stout, I flip a lot in Cleveland and I'm up there every few weeks checking on my projects. Originally from there but live in southern california. If you ever want to talk shop, hit me up. I can give you some insight into the neighborhoods.

Jarid what's up man, nice name! I flip a lot in Cleveland, and am usually in town every few months to check on my projects. If you ever want to talk shop I'm down, hit me up.

@Account Closed Hi Alec, I do a lot of construction up in Cleveland. Feel free to reach out if you pick something up or have questions. 

@Alana Nevares  

Agree w @James Wise. Most asbestos removal is expensive and unnecessary. If it's on boiler pipes, and you wrap it properly you should be okay. But if they are tiles you should probably remove them. Each situation should be treated with caution, but going directly to hiring a removal company will be super expensive. 

I'm from Cleveland and flip there still. It's definitely more of a blue collar vibe there, it's got some hipster pockets just like anywhere else, but I love it. I travel back from California every few weeks, and if it weren't for the weather I'd probably be there full time.
 

Things are about to be CRAZY this year since the Browns will be better. There's nothing like a Cleveland Sunday when the Browns are good.  Whole city is on fire.

@Nick Wilson i’m in Cleveland. I mostly left, but there’s a ton of good opportunities in up-and-coming areas to pick up a single or double in that price range and have a cash flow nicely. If you have any questions feel free to reach out.

I would say Ohio is pretty landlord friendly. most of the time evictions happen within 30 days of court filing. Outside of cuyahoga county, like medina, geauga, etc. it's very owner-friendly. They take bad tenants very seriously, especially in nicer suburbs. But the former owners/tenants do get fair notice, and plenty of time to leave. If you ever get a property under contract that's occupied the best thing is to send them a letter and offer them $ for moving expenses, and get them on the phone to build some rapport. 

@Ludmila Hill Hi I flip in Cleveland a lot and I run my construction company here after things have grown for me last year. We have started picking stuff up for other investors if it makes sense. I am actually in town from California as well, until Monday. Feel free to reach out if you want to discuss.