This story comes from https://www.news5cleveland.com/ Cleveland Ohio came up as the #5 top housing markets in America according to Forbes.
"According to compiled data, available for-sale inventory stood at 8,364 homes in October 2019, a number that barely changed from October 2018’s inventory of 8,724. However, in October 2020, Cleveland’s inventory was down to 4,876 homes available."
Inventory is an issue and where you buy your income real estate will also be a big part of making a lot of money or losing a lot.
Over the past 36 years of investing in real estate and buying investment real estate for my clients I have learned that quality real estate is the best way to make money with real estate.
I have been purchasing in the Cleveland Real Estate Market since 2010 and there are huge differences in buying income real estate from city to city in the Cleveland Metro area.
Investors need a team of professionals to Purchase, Rehab, lease and Manage a property. If you have anything in that mix missing it can become a problem.
I have personally done 100's and 100's of homes. Call me I'm Brett 216-703-5740 Fathom Realty or Go to BrettaYoung.com
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Thank you