All Forum Posts by: Sam Stout

Selling a portfolio of 5 SFR and 2 Duplexes and 1 Triplex. 10 out of 12 doors are occupied, with leases accepted on the last two. Seller is willing to make sale contingent upon filling the last two doors. All units are professionally managed and have little deferred maintenance. Some units are freshly rehabbed. For a list of all addresses, taxes, insurance and work done, please email:

[email protected]

@Kenneth Webb Details are 25% down, 7% amortized for 5 years.  Or 60k cash.  

Recent updates include all new plumbing, new floors, vanities, appliances and more.  Under professional management.  Contact [email protected]

Located in the well-established neighborhood surrounded by forest preserves Cedar Ranch can be your home! Spacious foyer leading to the open layout floor plan starting with the huge and bright living room with hardwood flooring. Dedicated dining room area with a slider to the enormous deck and large eat-in kitchen with a center island. White kitchen cabinets, granite counters, under-mount sink with a modern goose-neck faucet, and stainless steel appliances are only a few features of this beautiful home. All spacious bedrooms with carpet flooring and modern plank flooring in the kitchen, foyer and baths. Master Suite featuring private bath and his & hers closets. Full unfinished basement is waiting for your finishing touches. Relax in the shade of mature trees on the huge deck overlooking fenced yard. Attached 2 car garage and plenty of parking space. Ready to move in!

Contact: [email protected]

Thanks for your answers guys.  Always looking for ways to maximize.  

Hey!  Can anyone explain to me the new rules under the new tax plan about the limits of writing off mortgage interest, specifically on your primary residence?  I've hear it may be really beneficial to switch to an interest only loan for 10 years because then 100% of that payment will be able to be written off??   Below is what I am referring to.

Thanks!

"In addition, it may be beneficial to refinance your home using an interest-only mortgage. For example, if you refinance $1 million of pre-TCJA home acquisition debt with a new $1 million interest-only loan, you can continue to deduct all the interest under the grandfather rules. In contrast, if you gradually make principal payments on your $1 million of pre-TCJA home acquisition debt, you won’t be able to treat any portion of an additional home loan taken in 2018–2025 as home acquisition debt because your existing loan will absorb the entire $750,000 TCJA limit."

@Daniel Thomas I've got a 3-plex and duplex in Akron I'd sell.  Send me a message if interested.

Paul Vincent Esquire got the job done for me!

UPDATE: I had PM go over to do an inspection, and no leaks were found.  They didn't replace any flappers or such.  The bills are consistently $200-250 for one side of the duplex, and $80 for the other side.  It's been that way for the last year....I will agree with some of you here, Akron has crazy high water fees.  Most of it is for the "Sewer Recovery Tax"

Hey there,

    I have a duplex in the Highland square area and the water bills are confusing me.  One side of the house is 80-100 per month, and the other side is 250/mo. but most of the charges are for Akron Waterways Renewed.  Does anyone else have such high water bills??  Thanks