All Forum Posts by: Itay Heled

Quote from @Colleen F.:

@Itay Heled  larger properties are not something that is popular with the furnished finder searchers from what I have seen. Health professionals are generally looking for 1-2 bedrooms and even travelers in other professions look for that size unit. For a 4 bed you are likely looking for insurance placements 

I agree .I  would love to know if someone has experience working with  insurance company  that are looking for a placement. Are there any  other effective  platform to list  the house for that purpose ?

Quote from @Colleen F.:

@Itay Heled  larger properties are not something that is popular with the furnished finder searchers from what I have seen. Health professionals are generally looking for 1-2 bedrooms and even travelers in other professions look for that size unit. For a 4 bed you are likely looking for insurance placements for a family or temporary relocation. Maybe a corporate group looking to house multiple workers like for construction or power projects. 

Some people in your situation do decide to rent by the room but it is location based.  You will get people willing to share in high demand areas and you will see this in high rent areas but you are keeping up the common areas and it is a bit harder.

Collen, thanks so much for your reply!

I got my first mid term rental in south Euclid about 2 weeks ago and list it on furnished finder.

4 bedrooms 2 bath. So far I got only individuals with a rent limit of 1200-1600

is it  common to let  2 - 3 individuals who don't know each other rent the house?

if so do you just connect them and see if they ok to rent it and share the common spaces?

Thanks James,

you would know what a specific tenant voucher pays during the screening process correct?

Hello members !

I have a 3 BDR one bath  house in Maple Heights Ohio that I am considering renting to section 8 tenant .CMHA chart for the house zip code showing a max rent of around $2000 for 3 bedroom.

I know market rent of my house is approximately 1300-1400 $

I am adding efrigerator and oven.

The house is older but in decent shape. Can someone who is expirienc with section 8 estimate what would  get ?

thanks!

itay

Thanks Michael 

thats the type of info I was looking for.

I feel I need to clarify.

having a local agent is not the issue.its the fact city forced this local agent to be liable . So let's say out of state landlord fail to make a payment , bankrupt pass away etc the agent is responsible. 

that is the problem and that is why I mentioned most property managers would not do it.

Hello fellow investors.

I read a new decision to force out of town landlords to hire a local agent passes in Feb in Cleveland 

(see below)

https://nlihc.org/resource/cleveland-passes-ordinance-streng...

would like to know  what it actually mean?

I heard some believe no local agent that knows what they are doing would  sign this and on the other hand some are very skeptical the city would even  enforce this given the domino effect it may create. 

since I am considering buying a new investment property in Cleveland I  would like  to know: 

are there any solution if the city decide to enforce this?

Hello investors,

I have two long term sfh in Cleveland and considering purchase a third one for short term rental.

Anyone with experience operating short term rental near hospitals in Cleveland for traveling nurses/ staff /patients that can provide a feedback? 

thanks so much !

itay