All Forum Posts by: Zubin Lalani

The one thing I am not seeing are the closing costs associated with the property. Closing cost, inspection and appraisal all get added to the list price which ends up bumping the price of the property. 

Second is when you decide to see, you will pay about 6% of the price. 

Lastly, the numbers I am seeing don't account for a big expense in the 10 year excel. Unless, rent is 1% or more of the property, you chances to actually make money looks slim. 

Thanks - this post helps. 

I recently started looking and talking for a cudell area property (listed for about $75K) - EDEN tenant occupied. However I feel like I need to explore the city more to find a better area and better return.  

I have got some queries about rental properties on sale (Tenant occupied) in Toledo primarily in Western Avenue and Earl street area. Most of them range in $35 K range that also needs some TLC with rent ranging from 500-700. Some of the houses on sale look good to me but I wanted to hear from expert to get a general opinion. I live in NJ so obviously these properties would be managed by somebody else. How is the market in general and are these prices too high or reasonable.