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This $68K Akron Rental Has Two Different Tenant Bases
#4 All Forums Contributor
- Real Estate Broker
- Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
This $68K Akron Rental Has Two Different Tenant Bases
During the 2,964th episode of The MLS Search & Analysis Show, James Wise breaks down a $68,000 Akron rental that gives investors two strong tenant strategies: Section 8 tenants and University of Akron students. With the property located near the university, investors can potentially benefit from government-backed Section 8 rent or target college students with parent cosigners, creating multiple ways to keep the property occupied and producing income. James runs the numbers, estimates the rent, expenses, cash flow, financing, and potential cash-on-cash return, and explains why a cheap turnkey rental like this may make more sense than taking on a complicated BRRRR project. Access the full deal breakdown with a VIP PLUS Membership.