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Updated almost 8 years ago on . Most recent reply

Ian Kurela's profile image
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Ian Kurela
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  • from Charlotte, NC
  • Member since Jul 4, 2016
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Ian Kurela
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  • from Charlotte, NC
  • Member since Jul 4, 2016
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Ian Kurela
  • Specialist
  • Charlotte, NC
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Cleveland Real Estate Forum

First potential deal, what does everyone think?

Ian Kurela
  • Specialist
  • Charlotte, NC
Posted

Hi all,

Property is a duplex in a college town that is also on a very popular main road. 6 bedroom with average rent around $400/room, probably can get it for around $155k. Currently I am a broke college student but very passionate about REI. Any ideas or suggestions for my first deal, finding financing, or investing in college towns? Thanks everyone

Cleveland, Ohio
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Andrea Hauserman
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  • Member since Jan 8, 2017
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Andrea Hauserman
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  • from Chagrin Falls, OH
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Andrea Hauserman
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  • Chagrin Falls, OH
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Andrea Hauserman
  • Real Estate Agent
  • Chagrin Falls, OH
Replied

Ian, if you're in Kent there are new city ordinances that prohibit more than 2 different last names on a lease so be aware that a 3 BR can't be leased to 3 different tenants. 

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