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All Forum Posts by: Federico Gutierrez

Federico Gutierrez has started 568 posts and replied 2017 times.

Post: Cleveland Ohio market

Federico GutierrezPosted
  • Realtor
  • Cleveland, OH
  • Posts 2,081
  • Votes 856

Just post them on here and get group opinions

Post: West Side Cleveland SFR. 12% COC. Finished Basement.

Federico GutierrezPosted
  • Realtor
  • Cleveland, OH
  • Posts 2,081
  • Votes 856

********! Join my MAILING LIST !**********! Join my MAILING LIST !*************

Charming Brooklyn Bungalow awaits your finishing touches! Thoughtfully designed with newer carpets throughout while maintaining vinyl flooring in all 3 entryways to keep your carpet fresh! Enter through the front where you are greeted by your large living room, or enter through the back from the deck to your eat-in-kitchen with skylight and automatic motion sensor light, open to the formal kitchen with exposed brick walls! The kitchen has been equipped with proper GFCI outlets and awaits your personal touch! Also on the main level, you have 2 good sized bedrooms with 2 closets in one bedroom, and newer carpet in both! The second floor has been finished with tasteful woodwork on the walls and ceilings, and built in storage/closet space! The partially finished basement with glass block windows and half bath has endless potential for a possible man-cave, workout room, or space for your favorite hobby! The spacious detached garage with remote opener and electric is located on the rear of the home, with the paved driveway being on the side street for convenience! Don't let this one pass you by! Wonderful investment or awesome starter home with a bit of TLC!! 

Assuming 4.5% interest, 30 year mortgage & a 25% down payment.

  • Down payment $ 17,475.00
  • Up Front costs $ 2000.00
  • Estimated Yearly Rents $ 11,400.00
  • Estimated Yearly Expenses $5,700.00
  • Yearly Debt service $ 3,187.56
  • Net cash flow after expenses & debt service $2,512.44

CASH ON CASH RETURN 12.9 %

Holton-Wise Realtor of the Year for 2016, to set up your FREE real estate consultation about investing in the Chicago, IL or Cleveland, Ohio market. Don't sleep on your opportunity to build WEALTH through passive income and reduce your taxable income. All through BUY and HOLD properties.

Holton-Wise Property Group - Cleveland -

Century 21 Universal - Chicago -

Have helped many Bigger pockets members build passive cashflow. Read how I've helped fellow BP members acquire CASH FLOWING investments. What's stopping you from investing? LET'S TALK

Read my Zillow Profile and my outstanding work ethic for my clients

*Featured properties is listed by the office/agent presenting this brochure

Post: 3rd Major Kitchen Renovation Down to the Studs!

Federico GutierrezPosted
  • Realtor
  • Cleveland, OH
  • Posts 2,081
  • Votes 856

Do we get before and after pictures? Cause that's what I came here for...

Post: Very Large Parma Double. 3bed/1bath per unit! RARE FIND

Federico GutierrezPosted
  • Realtor
  • Cleveland, OH
  • Posts 2,081
  • Votes 856

********! Join my MAILING LIST !**********! Join my MAILING LIST !*************

Spacious 6-bedroom Duplex ** Over 2,400 sq.ft. ** Excellent opportunity for Investor or Owner-occupant. Up and down units with central-air. Units are identical with Eat-In Kitchen, Living Room, 3 Bedrooms, Full Bath and a Laundry Room. Plenty of storage. Down unit has enclosed porch, Up unit porch is open. Separate utilities; Kitchen Appliances stay. Newer roof on house and 2.5 car garage. Additional paved parking area in back. Furnace, Hot water, & A/C replaced 2-yrs. ago in second floor unit. Unit is currently renting at under-market due to long-time tenants. Don't miss out on this great investment opportunity!!

Assuming 4.5% interest, 30 year mortgage & a 25% down payment.

  • Down payment $ 39,975.00
  • Up Front costs $ 1000.00
  • Estimated Yearly Rents $ 19,800.00
  • Estimated Yearly Expenses $9,900.00
  • Yearly Debt service $ 7,291.71
  • Net cash flow after expenses & debt service $2,608.29

CASH ON CASH RETURN 6.4 %

Holton-Wise Realtor of the Year for 2016, to set up your FREE real estate consultation about investing in the Chicago, IL or Cleveland, Ohio market. Don't sleep on your opportunity to build WEALTH through passive income and reduce your taxable income. All through BUY and HOLD properties.

Holton-Wise Property Group - Cleveland -

Century 21 Universal - Chicago -

Have helped many Bigger pockets members build passive cashflow. Read how I've helped fellow BP members acquire CASH FLOWING investments. What's stopping you from investing? LET'S TALK

Read my Zillow Profile and my outstanding work ethic for my clients

*Featured properties is listed by the office/agent presenting this brochure

Post: Brick Double in Cleveland. 50% occupied. Under Market Rents!!

Federico GutierrezPosted
  • Realtor
  • Cleveland, OH
  • Posts 2,081
  • Votes 856

********! Join my MAILING LIST !**********! Join my MAILING LIST !*************

WELL KEPT BRICK TWO FAMILY, 2 bedrooms each unit, newer furnaces, updated windows, 2 car garage. Currently one unit is Vacant. Other is rented UNDER MARKET PRICE at $525. Rents in this area are around $600-700/month.

Assuming 4.5% interest, 30 year mortgage & a 25% down payment.

  • Down payment $ 21,875.00.00
  • Up Front costs $ 1000.00
  • Estimated Yearly Rents $ 14,100.00
  • Estimated Yearly Expenses $7050.00
  • Yearly Debt service $ 3,990.15
  • Net cash flow after expenses & debt service $3,059.85

CASH ON CASH RETURN 13.4 %

Holton-Wise Realtor of the Year for 2016, to set up your FREE real estate consultation about investing in the Chicago, IL or Cleveland, Ohio market. Don't sleep on your opportunity to build WEALTH through passive income and reduce your taxable income. All through BUY and HOLD properties.

Holton-Wise Property Group - Cleveland -

Century 21 Universal - Chicago -

Have helped many Bigger pockets members build passive cashflow. Read how I've helped fellow BP members acquire CASH FLOWING investments. What's stopping you from investing? LET'S TALK

Read my Zillow Profile and my outstanding work ethic for my clients

*Featured properties is listed by the office/agent presenting this brochure

Post: SFR in A Neighbourhood. Cleveland Heights. 15% CoC.PRICED TO SELL

Federico GutierrezPosted
  • Realtor
  • Cleveland, OH
  • Posts 2,081
  • Votes 856

********! Join my MAILING LIST !**********! Join my MAILING LIST !*************

Super Brick Colonial On Corner Lot...Neat, Tidy & Ready to Move In! Features Fresh, Neutral Interior Paint, Hardwood Floors, & Updated Kitchen & Bath. Extra Room Off Kitchen & Dining Room Gives a More Open Floor Plan. 3 Bedrooms On 2nd Plus a Bonus Room. Newer Furnace & AC! Younger 2 Car Garage! Full Basement. All Appliances Including Washer & Dryer. This Home Is Priced To Sell!

Assuming 4.5% interest, 30 year mortgage & a 25% down payment.

  • Down payment $ 17,475.00
  • Up Front costs $ 1000.00
  • Estimated Yearly Rents $ 12,00.00
  • Estimated Yearly Expenses $6,000.00
  • Yearly Debt service $ 3,187.56
  • Net cash flow after expenses & debt service $2,812.44

CASH ON CASH RETURN 15.2 %

Holton-Wise Realtor of the Year for 2016, to set up your FREE real estate consultation about investing in the Chicago, IL or Cleveland, Ohio market. Don't sleep on your opportunity to build WEALTH through passive income and reduce your taxable income. All through BUY and HOLD properties.

Holton-Wise Property Group - Cleveland -

Century 21 Universal - Chicago -

Have helped many Bigger pockets members build passive cashflow. Read how I've helped fellow BP members acquire CASH FLOWING investments. What's stopping you from investing? LET'S TALK

Read my Zillow Profile and my outstanding work ethic for my clients

*Featured properties is listed by the office/agent presenting this brochure

Post: Maple Heights SFR. RENTED @ $850/month. Newer mechanicals

Federico GutierrezPosted
  • Realtor
  • Cleveland, OH
  • Posts 2,081
  • Votes 856

********! Join my MAILING LIST !**********! Join my MAILING LIST !*************

This 3 bed 1 bath cape cod home is an excellent investment property. In the sought-after city of Maple Heights, it is conveniently located near schools, restaurants, entertainment and a nature reservation. There is a spacious living room, a eat-in kitchen with plenty of cabinet and counter space, 3 bedrooms and a full bath on the main floor. The basement is unfinished but perfect for storage and a laundry area with utility sink. The home also has a front porch, a large single car garage with covered patio area and a newer driveway. Tenant occupied with a lease through 08/01/19 and with a monthly rent of $850. Buyer to assume POS violation.

Assuming 4.5% interest, 30 year mortgage & a 25% down payment.

  • Down payment $ 15000.00
  • Up Front costs $ 2000.00
  • Estimated Yearly Rents $ 10,200.00
  • Estimated Yearly Expenses $5,100.00
  • Yearly Debt service $ 2,736.10
  • Net cash flow after expenses & debt service $2,363.90

CASH ON CASH RETURN 13.9 %

Holton-Wise Realtor of the Year for 2016, to set up your FREE real estate consultation about investing in the Chicago, IL or Cleveland, Ohio market. Don't sleep on your opportunity to build WEALTH through passive income and reduce your taxable income. All through BUY and HOLD properties.

Holton-Wise Property Group - Cleveland -

Century 21 Universal - Chicago -

Have helped many Bigger pockets members build passive cashflow. Read how I've helped fellow BP members acquire CASH FLOWING investments. What's stopping you from investing? LET'S TALK

Read my Zillow Profile and my outstanding work ethic for my clients

*Featured properties is listed by the office/agent presenting this brochure

Post: 6 UNIT Brick Building in Rocky River. A+ Area! FULLY OCCUPIED

Federico GutierrezPosted
  • Realtor
  • Cleveland, OH
  • Posts 2,081
  • Votes 856

Asking price is $520,000 @Mike G. & @Bram Klein

Gross rents $4400/month
Other Income $100/month


Expenses
Electricty $75/month

Sewer/Water $150/month

Trash $40/month 

Post: I Have 10K . How can i get started in RE????

Federico GutierrezPosted
  • Realtor
  • Cleveland, OH
  • Posts 2,081
  • Votes 856

Keep the money and save.

Partnering up with someone you don't even know and you're on the other side of the world. Chances of this relationship working out...slim

When you come back, you'll have more cash. You can then vet people to see if they speak what they preach. Lot of people talk good game on forums. 
IF you don't find anyone you could then buy your own property with an FHA loan

Post: Five Bedroom House in Garfield Heights. $900/month. 17% COC

Federico GutierrezPosted
  • Realtor
  • Cleveland, OH
  • Posts 2,081
  • Votes 856

********! Join my MAILING LIST !**********! Join my MAILING LIST !*************

This spacious colonial home is an excellent investment opportunity. With over 1500 sqft, the house has a living room, formal dining room and large kitchen. The kitchen has been updated with newer cabinets and countertops, and has a walk-in pantry. The dishwasher and stove will come with the home refrigerator does not. On the ground floor there are 2 bedrooms and upstairs are 3 upstairs, including 2 that are tandem bedrooms. There is 1 full bath, and a half bath in the basement that could add more value with a little work. There is newer carpeting on the main floor and vinyl and laminate throughout the remaining rooms. It is tenant occupied with a lease through September 2019 at $900 a month, and with some updates could be rented for more in this popular neighborhood. Additionally, the house has updated electrical, vinyl replacement windows throughout most of the house, aluminum siding and a 2 car garage with a newer roof. Don’t miss the opportunity to add this home to your investment portfolio!

Assuming 4.5% interest, 30 year mortgage & a 25% down payment.

  • Down payment $ 14,625.00
  • Up Front costs $ 1000.00
  • Estimated Yearly Rents $ 10.800.00
  • Estimated Yearly Expenses $5,400.00
  • Yearly Debt service $ 2,667.70
  • Net cash flow after expenses & debt service $2,732.30

CASH ON CASH RETURN 17.5 %

Holton-Wise Realtor of the Year for 2016, to set up your FREE real estate consultation about investing in the Chicago, IL or Cleveland, Ohio market. Don't sleep on your opportunity to build WEALTH through passive income and reduce your taxable income. All through BUY and HOLD properties.

Holton-Wise Property Group - Cleveland -

Century 21 Universal - Chicago -

Have helped many Bigger pockets members build passive cashflow. Read how I've helped fellow BP members acquire CASH FLOWING investments. What's stopping you from investing? LET'S TALK

Read my Zillow Profile and my outstanding work ethic for my clients