Running the Numbers on Investment Property in Lorain Ohio | MLS Search & Analysis 386 - 1022 W Erie
Channel: HoltonWiseTV
Date: 21/07/2021

If you've been looking for the best cash flow rental markets in the United States you've probably come across the Cleveland real estate market. The Cleveland, Ohio real estate market is one of the most popular turnkey real estate investing markets due to low housing prices and the high amounts of passive income that can be made by real estate investors who buy them and rent them out to tenants. What you probably have not come across during your research on real estate investing in Cleveland Ohio is Cleveland's lessor known neighbor Lorain, Ohio. In vesting in Lorain Ohio for cash flow can sometimes be even more profitable then investing in Cleveland Ohio for cash flow due to the Lorain real estate market's lower housing cost than Cleveland. In the 386th episode of The MLS Search & Analysis Show James Wise is helping a couple out of state real estate investors quickly run the numbers on some multi family rental properties in Lorain. These out of town investors need to move on these Lorain properties quickly because they are getting their investment capital from a 1031 exchange which is nearing the end of it's investment property identification period. James Wise thinks that the multi family properties in Lorain would be a very good fit for these long distance rental property owners given the short amount of time they have to work with to identify their next investment property. Once the sale of the Lorain rental properties closes HoltonWise can act as the out of town turnkey investor's boots on the ground team in Lorain just as HoltonWise would be able to act as the out of town turnkey investor's boots on the ground team in Cleveland. If you've ever wondered if Cleveland or Lorain is a good place to invest in rental properties for long term buy and hold investing, HoltonWiseTV is for you.


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