All Forum Posts by: Jason Pabon

Biotech in Cleveland? What's this about @Dori Arazi

Hi there - I just invested in my first rental in Cleveland. Great market. So far, so good. Let me know how I can be a resource!

Welcome @Tim Uy! I just bought my first rental in Ohio. I thought about doing the MFH strategy in the Bay Area at one point however with prices so high and the more I learned about the business, it just made sense for me to seek cash flow. Why put all your eggs into one basket (market) when you can diversify? Good luck to you!

@Account Closed how's it going? We've got an agent referral program for Realtors that are looking for ways to earn more business. Let me know if you're interested!

Hi fellow investors - I'm in escrow for a Single Family rental in Euclid, Ohio and wanted referrals on what property managers folks recommend. 

I'm currently looking at All Star Management, Howard Hanna, and Avalon Escrow. 

What management companies do you recommend in Euclid and what has been your experience thus far? Thanks in advance!

Man, I just noticed this. Late to the party. Are you having another one?

Initial Investment: $82,000 (includes closing cost)

Cap Rate: 5.6%

Total return in 5 years: $86285

Please email/call me for any additional information. Happy to be a resource!

Great opportunity to own cash flowing rental in Euclid, OH!

Market Rent: $1,1,00/month

Cap Rate: 8.5 % (includes management fees)

Cash Flow: $3,027 annually

Hi @Shaun Draughn the 32k includes the 25% down payment ($29,250) plus your loan/acquisition fees, and closing costs ($2925). This of course varies depending on your financing method. Both units are tenant occupied. 

Here is the link for more information:

https://www.roofstock.com/investment-property-deta...

Initial Investment: $28,875

Current Rent: $1,150

Cap Rate: 6.2%

Estimated total return (5 yr projection): $13,307

Great Neighborhood single family home for sale! Near the Euclid hospital with lots of potential!