Investing in real estate in the Cleveland area
I work with investors who mostly live out of state. They own properties in all areas of the greater Cleveland area. A trend I continue to see is investors who are unaware of the areas where they are purchasing properties. This is NOT an attempt to tell you where you should or should not invest. Rather, I'm advocating about educating yourselves as to the who, what, where, when, why, & how of buying that investment. While I understand it's not always practical, I highly recommend visiting in person to see the properties (plural) you're interested in. You are not just buying the property, you're buying the neighborhood. Are you aware of the condition of the properties around the target property look like. Property pictures are great but does it really show the full picture of the condition of the property? Is the 4plex you just spent 300k on located in the worst part of the city next to a property obviously falling apart with drug activit...