All Forum Posts by: James G.

Ultimately, What did you guys end up doing? I would like to buy a duplex in Cleveland and want to bill the tenant. I know I wouldn't be able to evict them over water but I would like to try and bill to reduce expenses. 

I've been told to steer clear of areas like Cleveland Heights in the past due to high property taxes as well as stringent POS but would love to hear from investors in the area what have your experiences been? I don't see POS as an absolute thing I should avoid if the cashflow is strong. POS is there to keep homes to a city standard and that isn't necessarily a bad thing.

I am concerned however as a first time out of state investor if it would make it incredibly difficult starting out. Having enough for a down payment and some minor repairs is good but then having to put extra money in escrow for a list of POS repairs seems daunting. 

@Cale Hutcherson

Can you share your tenant questionnaire? I would be interested in learning how to better screen tenants.

@Tyler Smith

Would love to find a 4-plex for that price haha. Tell me which market were you looking in?

 Would you happen to know the top buying agents in Cleveland Ohio? I'm looking for a team who has access to really good deals.

I'm very interested in a JV especially for a four-plex but would want cashflow forever. Not just 1 year. I'm interested in long-term buy and hold. I do have cash I could use as a downpayment.

@Chad McLeod

That's what I figured. It's more of an assumption based on ignorance. Turnover can happen in both sfh or duplex.

@Chad McLeod

I'm not constantly running the numbers yet but I see some in Tremont and upcoming cities and am hoping to get them under asking price. Is that unrealistic? I figure for 100 offers if I get 1 then it's a win. I'm hoping for 10-15% off asking price in some of those areas. Parma, Euclid, Tremont, Garfield heights etc...

@Carlos Gonzalez

How much does a 4plex go for?? I would definitely consider the Arizona market if it's better for me.

@Tyler Lyren

I'm looking everywhere but of course the b class neighborhoods. Lately been considering b/c like Garfield heights. I want cashflow and I want the best bang for my buck. I have about 50k I want to invest and was wanted to get a decent cashflowing property. Maybe Cleveland is not the right market?