All Forum Posts by: Jørgen T.
Jørgen T. has started 0 posts and replied 2 times.
Post: Cleveland OH investing?
- Stockholm, Stockholms län
- Posts 2
- Votes 1
Thanks for the feedback all! And @Marc Ramsay thanks for the offer to contact. I think I'd stay away from (east) cleveland for now. Specially also because it's far away and I've no sense of the area, it might be really hard. @James Wise thanks for the insight on prices and budget.
Post: Cleveland OH investing?
- Stockholm, Stockholms län
- Posts 2
- Votes 1
I'm wondering; did Cleveland and specially East-Cleveland got safer in the last 3-4 years or is it still the same or even worse?
I got an investment opportunity(or not) to buy a SF for around 30-35K or a duplex for around 54K in east Cleveland. Everything will be taken care off;
- finding
- closing
- renovation
- finding tenants (they say it takes about three months)
- property management (10%)
I saw in the thread that 3-4 years ago you could also buy in West Cleveland for these prices, but not sure if that is still the case? And how big is the chance to get into problems property vandalism?
Especially wondering what @Christian Carson and @Jorge Garcia have to say about this.