James WisePoster
#4 All Forums Contributor
#4 All Forums Contributor
- Real Estate Broker
- Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
- 20,438
- Votes |
- 30,310
- Posts
Bay Area Investors: This $155K Duplex is NICE
James WisePoster#4 All Forums Contributor
#4 All Forums Contributor
- Real Estate Broker
- Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
Bay Area Investors: This $155K Duplex is NICE
Bay Area investors, this is the kind of out-of-state rental property that actually makes sense. During the 2,917th episode of The MLS Search & Analysis Show, James Wise breaks down a fully renovated side-by-side duplex in Lorain, Ohio listed around $155K with two townhome-style units, in-suite laundry, strong tenant appeal, and projected rents around $2,150 per month. With only about $37K down, this deal has the potential to produce roughly a 20% return while giving Bay Area investors access to a lower-risk, long-term Ohio rental in a market where Holton-Wise loves managing properties.
Offering
San Francisco, California