Chinese Buying US Real Estate | MLS Search & Analysis; 97 – 7937 Lorain, 317 Center & 2020 w 89

The Chinese buying us real estate has become very popular in recent years. Thanks to the great prices and global economy Chinese investors are seeing a huge return on their investment when they US rental properties. In the 97th episode of The MLS Search & Analysis Show James Wise is running due diligence on three Cleveland, Ohio area rental properties for his client Angus. Angus is a foreign national living in Hong Kong, China. He has approximately $3 Million that he would like to invest in the Cleveland, Ohio market. Angus is looking towards multi family properties that would benefit from the BRRRR method. He’d also like these properties to be in C-Class or better neighborhoods and feature a high price to rent ratio. The three properties James has identified for Angus all hit some, but not all of Angus’s boxes. Tune in to see what types of opportunities are available for Chinese investors looking to invest in the United States real estate market.

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🎙️ MENTIONED ON THE SHOW

Hong Kong, China
https://en.wikipedia.org/wiki/Hong_Kong

Cleveland, Ohio
https://en.wikipedia.org/wiki/Cleveland

MetroHealth Transformation
https://www.metrohealth.org/transformation

With $1 Billion in Development Coming to Clark-Fulton, Latino Leaders Want Progress On Their Terms
https://www.clevescene.com/cleveland/1-billion-in-development-is-coming-to-clark-fulton-and-latino-leaders-want-it-on-their-own-terms/Content?oid=31464230

MetroHealth announces $60 million investment in Clark-Fulton neighborhood apartments
https://www.cleveland.com/business/2019/06/metrohealth-announces-60-million-investment-in-clark-fulton-neighborhood-apartments.html

MetroHealth announces initiatives around housing, healthy food, job readiness and more
https://www.crainscleveland.com/health-care/metrohealth-announces-initiatives-around-housing-healthy-food-job-readiness-and-more

Section 8 is GREAT | Investing in Low Income Neighborhoods – This Is #HoltonWiseTV (Highlights)

Bedford, Ohio
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Holton-Wise FAQ
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The Ultimate Guide to Grading Cleveland Neighborhoods
https://www.biggerpockets.com/blogs/4704/42419-cleveland-neighborhood-grades

The Ultimate Guide to Grading Birmingham Alabama Neighborhoods

The Ultimate Guide to Grading Kansas City Missouri Neighborhoods

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