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5
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1
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Jesse Farquhar
1
Votes |
5
Posts

Looking for help understanding Cleveland heights

Jesse Farquhar
Posted

Hi all,

I would like to put an offer down soon a specific property in cleveland heights, Oh. I have a few reservations about it, mainly the high tax rate and rental estimation. The rental estimation is just above the mortgage, tax, and insurance costs put together and I am confused. It looks like a really beautiful house 

I could use some help to work through the possibilities. My parents are not the best at property investment so I could really use some guidance. 

I appreciate any help.

Thank you.

Most Popular Reply

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511
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345
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Christopher Blanco
  • Real Estate Consultant
  • Cleveland, OH
345
Votes |
511
Posts
Christopher Blanco
  • Real Estate Consultant
  • Cleveland, OH
Replied

I would also understand the Orthodox Jewish Community housing there and be careful when pulling comps, houses within walking distance to temples will sell for more.

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