All Forum Posts by: Eric Western

We are going to stick with selling it at this point. Thank you both for your feedback.

@Matt Motil and @James Wise any thoughts/feedback on the above info?

House is in Willowick.

Mortgage info:
balance: $139,614.07
interest rate: 3.875%
payment: $1,154.27 ($251.37 principle, $451.65 interest, $468.48 insurance and taxes)

House:
3br, 2.5 bath, 1637sq ft, full base partially finished basement
http://www.zillow.com/homedetails/329-E-320th-St-W...

Prices:
Zillow: $161,455
Realtor: $160k - 175k
Management Company I spoke with: $1,350-$1,450

Originally I dismissed the idea when they gave me the quote for the rent and I put it up for sale. I recently got a newer job and we have much more disposable income.

@Matt Motil - I tried using the calculator but I wasn't positive on everything to put in. Should I put that information in the another post or pop it in here. I'm interested to hear what everyone has to say, especially people from the Cleveland area like your self and @James Wise

@Bryan C. We moved to Amelia.

@C. Timothy Murphy III - Thanks for the tip about @James Wise

@Coleman Nelson - I'm open to either but am leaning towards starting with a turn-key or something require little fixing up.

Thanks for the welcomes.

Hi there, my name is Eric. I'm 34, wife, three kids, one on the way. I work in IT and recently moved from Cleveland to the Cincinnati area.

I've been listening to podcast and decided to take the plunge. I'm sold on real estate investing but completely new. I am primarily interested in single family rentals and am hoping to own a rental property in the next year. I currently still own my house in Cleveland and have it on the market to sell though I've discussed renting it out with my wife. I'd appreciate thoughts/feedback on that and recommendations for a property management company in the Cleveland area.

I'm looking forward to learning more and moving forward with real estate investing.