This article comes from https://magazine.realtor/ and it has the rankings of the cheapest places to live. Cleveland comes in at #30 for the larger cities. Think about that for a minute and realize that Cleveland is on of the top economic areas in America #12.
That is the secret sauce to the success of investing in Cleveland, you can make money and keep most of it. This article says that it cost $1751 a month to lease a one bedroom apartment. That includes food and utilities. That's just $21,012 a year to live eat and sleep in Cleveland.
That is why real estate is so hot here, and getting hotter. Income real estate does so well here, because of the quality of real estate and the returns. You also have a large population that leases n Cleveland metro.
When you looking to live and or invest in real estate you want Jobs, Amenities, Good education, and a growing economy. Cleveland has all that and then some.
In today's ever moving world a lot of people want to lease their home. They do not know if they will stay and want to settle for a while before purchasing a home. They do not mind spending the money on leasing a nice home.
Our average rents for our homes is $1000-$1300 a month, these are homes we purchased for under $100,000. Think about the 1% rule for rentals and you will see that Cleveland has some of the best income real estate in the nation.
So if your looking to buy a home or income home we have all the resources for you to purchase that perfect. Contractors, Property Management, and a lot more services.
Get with the professionals and let me send you a FREE REPORT on it today! Text information to
1-937-500-0745 we have done 100's of these types of homes
You can also call me I'm Brett Icon Agent at EXP Realty 216-703-5740
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Thank you