Cleveland Heights - Cleveland OH
Does anyone have a general range on what a 4 BR 2.5 BA would rent for in Cleveland Heights OH? Our PM told us that they would rent it for $1100 but from all the other properties for rent in the area this seems very low. Our property needs a small amount of work (which we're currently doing - normal unit turnover work and a driveway sealing). Any help/color is greatly appreciated!
What's the square footage? What street is it on?
Rough estimate would be around $1-$1.50 per square foot off the top of my head. BP calculator or rentometer is a decent starting point and you can drill down on what's listed in the area online and begin to gauge what the price should be.
Sounds like the PM wants to get the unit filled as quickly as possible.
Cleveland Heights has very classes of property. It can be a B- all the way up to a B+ or A-. If you're in the lower of the classes (more by East Cleveland) then somewhere around $1200 to $1600 is the range you'll be in. If you're right by parts of University Circle/Little Italy or the really nice parts of Shaker Heights, you could get anywhere from $1600 to $2000. There are a lot of variables missing for me to give you an exact number, but hopefully these ranges help. $1100 is a very low guess from the PM.
That does seem low. A 4 bedroom in CH should start $1,300 in most locations unless I’m missing something. Take a look at what’s currently available for rent and see how it matches up.
Where is your house? Give us a few more details so we can give you good info.
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Real Estate Agent
- The Boardwalk Group
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Hey Benjamin,
I'll be able to give you rental comparisons if you're able to provide me with more details on the property.
Let me know, I look forward to connecting
Quote from @Erin Dorsey Robinson:
Where is your house? Give us a few more details so we can give you good info.
Yes, no problem. The address is 1960 Revere Rd Cleveland Heights OH. Thanks!
Quote from @Muhammad Amawi:Yes, no problem. The address is 1960 Revere Rd Cleveland Heights OH. It's a 4 BR 3 BA SFH in average condition (if you need any pics let me know). Thanks!
Hey Benjamin,
I'll be able to give you rental comparisons if you're able to provide me with more details on the property.
Let me know, I look forward to connecting
Quote from @Bob Okenwa:
What's the square footage? What street is it on?
Rough estimate would be around $1-$1.50 per square foot off the top of my head. BP calculator or rentometer is a decent starting point and you can drill down on what's listed in the area online and begin to gauge what the price should be.
Sounds like the PM wants to get the unit filled as quickly as possible.
The address is 1960 Revere Rd Cleveland Heights OH - 4 BR 3 BA 2463 SF. Thanks!
Quote from @Benjamin Seibert:I sent a PM with my thoughts. Seems low for sure though
Quote from @Bob Okenwa:
What's the square footage? What street is it on?
Rough estimate would be around $1-$1.50 per square foot off the top of my head. BP calculator or rentometer is a decent starting point and you can drill down on what's listed in the area online and begin to gauge what the price should be.
Sounds like the PM wants to get the unit filled as quickly as possible.
The address is 1960 Revere Rd Cleveland Heights OH - 4 BR 3 BA 2463 SF. Thanks!
Quote from @Benjamin Seibert:
Quote from @Erin Dorsey Robinson:
Where is your house? Give us a few more details so we can give you good info.
Yes, no problem. The address is 1960 Revere Rd Cleveland Heights OH. Thanks!
Lowest comp is right around $2000 a month, highest is right around $2500. Assuming that yours is in market condition, it will depend on what you offer that will decide where you are in that range. If your PM is suggesting $1100 a month, you may want to find a new PM.
We are a full-service property management company here in Cleveland with roughly 2000 doors under our management. I ran a rental analysis for you on your property and looks like you should expect (in market-condition) a rent price around $ 1770.
I would love to connect to discuss our PM services with you, and I can send over the report!
***Fake mortgages are being filed against properties in Cleveland and they are targeting out of state investors.
Our signature was forged as the "borrower" and the notary notarized the signature of the supposed lender-for $98,000. We were getting ready to close with an end buyer, but now we can't sell because of a fake mortgage that we are forced to legally remove with due process at our expense. How many people of thousands to throw at attorneys to defend property rights?
Cuyahoga County said they just record. Notary says they just notarize. Neither the county recorder or the notary reviews documents for validity or enforcement, they said.
We found out about the fake mortgage when reviewing title work in preparation of closing with an end buyer. No notice was sent to our office or any addresses for our LLC that owns the property. It's possible notice of the fake mortgage recording was just sent to the property and the tenants brushed it aside because it wasn't addressed to them.
Financial Crimes Unit for Cleveland has had the report for almost two months and the case has yet to even be assigned. They do not return phone calls and we aren't even sure they exist.
We have almost $3,000 into attorney fees so far and Cuyahoga County has blocked the emergency hearing so that we can all get on a call and kindly ask the fraudulent lien filer, Garrett Neal of San Diego (dba Neal Aviation), to please remove the mortgage lien. What a joke.
Garrett Neal filed the fake mortgage under an LLC, which was formed in Wyoming May 15th. The fake mortgage was filed under the LLC as the supposed lender earlier May 15th-before the company was even formed. The notary notarized the signature for fake lender LLC with no signing authority, resolutions....because the company didn't exist yet. The notary is in NJ and his name is Bipin Sabharwal. Bipin provided his log showing that the person signing started to sign my name, then crossed it out and signed as Garrett Neal. No red flags here???
We found Garrett Neal and called him and left a voice message. The returned phone call was a phone number associated with Neal Aviation out of San Diego and to that of Garrett Neal.
Garrett states that someone owes him money and he trying to get to the bottom of it, so he filed a fake mortgage, forged signatures and is now refusing to release it. We even explained that we had nothing to do with any loans or debts associated with him.
We found several other fake LLCs of Garrett's set up around the same time with names like Adios LLC, Adios G LLC, Adious LLC and similar names filed in Wyoming and Florida. The organizer information was left off of the other LLCs leaving other property owners to fight a ghost with additional fraudulent mortgages filed, it seems.
Garrett Neal is also a pilot listed on FAA website. Sounds like there are several unhappy customers of Neal Aviation (Garrett Neal is the owner of the company on record) for being sold bad parts and they're burning suppliers with hot checks for parts for privately owned aircraft (in their more recent business reviews).
I've been a real estate investor for almost twenty years and I never thought this was even possible, but here we are. Other investors may have seen a quitclaim deed filed where there were no mortgages or liens.
If we drafted a release and had it notarized and recorded, we'd be facing felonies for fraud.
Quote from @Gabrielle Gratz:Hi Gabrielle, I am looking to invest in the Cleveland area, but feel very lost about the areas and the properties I must select. Looking to purchase cash but no luck, are you able to help me in my search? 8138690081
We are a full-service property management company here in Cleveland with roughly 2000 doors under our management. I ran a rental analysis for you on your property and looks like you should expect (in market-condition) a rent price around $ 1770.
I would love to connect to discuss our PM services with you, and I can send over the report!
Quote from @Benjamin Seibert:
Does anyone have a general range on what a 4 BR 2.5 BA would rent for in Cleveland Heights OH? Our PM told us that they would rent it for $1100 but from all the other properties for rent in the area this seems very low. Our property needs a small amount of work (which we're currently doing - normal unit turnover work and a driveway sealing). Any help/color is greatly appreciated!
Didn't see the date on this one...
Quote from @Nikki Dupoux St Jean:
Quote from @Gabrielle Gratz:Hi Gabrielle, I am looking to invest in the Cleveland area, but feel very lost about the areas and the properties I must select. Looking to purchase cash but no luck, are you able to help me in my search? 8138690081
We are a full-service property management company here in Cleveland with roughly 2000 doors under our management. I ran a rental analysis for you on your property and looks like you should expect (in market-condition) a rent price around $ 1770.
I would love to connect to discuss our PM services with you, and I can send over the report!
Did this work out for you? Are you still looking to invest in Cleveland? What's your status?
Quote from @Gabrielle Gratz:
We are a full-service property management company here in Cleveland with roughly 2000 doors under our management. I ran a rental analysis for you on your property and looks like you should expect (in market-condition) a rent price around $ 1770.
I would love to connect to discuss our PM services with you, and I can send over the report!
Can you send me PM info too, I have three houses in Cleveland heights, but need someone good with lead inspections
Quote from @Benjamin Seibert:
Does anyone have a general range on what a 4 BR 2.5 BA would rent for in Cleveland Heights OH? Our PM told us that they would rent it for $1100 but from all the other properties for rent in the area this seems very low. Our property needs a small amount of work (which we're currently doing - normal unit turnover work and a driveway sealing). Any help/color is greatly appreciated!
Hey there, did you find a good PM please? I'm looking
Quote from @Jemma Jacques:
Quote from @Benjamin Seibert:
Does anyone have a general range on what a 4 BR 2.5 BA would rent for in Cleveland Heights OH? Our PM told us that they would rent it for $1100 but from all the other properties for rent in the area this seems very low. Our property needs a small amount of work (which we're currently doing - normal unit turnover work and a driveway sealing). Any help/color is greatly appreciated!
Hey there, did you find a good PM please? I'm looking
I can put you in touch with CLE Premier Property Management Services.
Do you have experience with them? I have been so burned by a terrible PM that I am very reluctant unless someone personally recommends them
Quote from @Jemma Jacques:Yes. Two properties with them, rehab and rental. The SFR is done and rented out at $1875. The triplex should be done next month. Also, charges a flat rate for monthly PM fee, not a percentage.
Do you have experience with them? I have been so burned by a terrible PM that I am very reluctant unless someone personally recommends them
Quote from @Eric Prescott:
Quote from @Jemma Jacques:Yes. Two properties with them, rehab and rental. The SFR is done and rented out at $1875. The triplex should be done next month. Also, charges a flat rate for monthly PM fee, not a percentage.
Do you have experience with them? I have been so burned by a terrible PM that I am very reluctant unless someone personally recommends them
Ok if you could pls put me in touch m, thank you
#2 General Landlording & Rental Properties Contributor
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- Cleveland
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#2 General Landlording & Rental Properties Contributor
- Real Estate Consultant
- Cleveland
Quote from @Benjamin Seibert:
Does anyone have a general range on what a 4 BR 2.5 BA would rent for in Cleveland Heights OH? Our PM told us that they would rent it for $1100 but from all the other properties for rent in the area this seems very low. Our property needs a small amount of work (which we're currently doing - normal unit turnover work and a driveway sealing). Any help/color is greatly appreciated!
I would get 1500 all day, maybe more
#2 General Landlording & Rental Properties Contributor
- Real Estate Consultant
- Cleveland
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#2 General Landlording & Rental Properties Contributor
- Real Estate Consultant
- Cleveland
Quote from @Jemma Jacques:I know them all, I have reached out to you on PM several times but no response.
Quote from @Gabrielle Gratz:
We are a full-service property management company here in Cleveland with roughly 2000 doors under our management. I ran a rental analysis for you on your property and looks like you should expect (in market-condition) a rent price around $ 1770.
I would love to connect to discuss our PM services with you, and I can send over the report!
Can you send me PM info too, I have three houses in Cleveland heights, but need someone good with lead inspections
#2 General Landlording & Rental Properties Contributor
- Real Estate Consultant
- Cleveland
- 3,013
- Votes |
- 5,153
- Posts
#2 General Landlording & Rental Properties Contributor
- Real Estate Consultant
- Cleveland
Quote from @Jemma Jacques:
Quote from @Gabrielle Gratz:
We are a full-service property management company here in Cleveland with roughly 2000 doors under our management. I ran a rental analysis for you on your property and looks like you should expect (in market-condition) a rent price around $ 1770.
I would love to connect to discuss our PM services with you, and I can send over the report!
Can you send me PM info too, I have three houses in Cleveland heights, but need someone good with lead inspections
I have personally had 100s pass the lead inspections, happy to help
#2 General Landlording & Rental Properties Contributor
- Real Estate Consultant
- Cleveland
- 3,013
- Votes |
- 5,153
- Posts
#2 General Landlording & Rental Properties Contributor
- Real Estate Consultant
- Cleveland
Quote from @Nikki Dupoux St Jean:
Quote from @Gabrielle Gratz:Hi Gabrielle, I am looking to invest in the Cleveland area, but feel very lost about the areas and the properties I must select. Looking to purchase cash but no luck, are you able to help me in my search? 8138690081
We are a full-service property management company here in Cleveland with roughly 2000 doors under our management. I ran a rental analysis for you on your property and looks like you should expect (in market-condition) a rent price around $ 1770.
I would love to connect to discuss our PM services with you, and I can send over the report!
I know dozens of cash buyers from around the world that have been buying in all the Cleveland markets for years, happy to offer advice.