 How did I do? (by DonV [OH]) Jun 15, 2018 2:52 PM
 How did I do? (by DonV [OH]) Jun 15, 2018 2:53 PM
How did I do? (by plenty [MO]) Jun 15, 2018 3:26 PM
How did I do? (by Vee [OH]) Jun 15, 2018 5:43 PM
How did I do? (by Deanna [TX]) Jun 15, 2018 6:02 PM
How did I do? (by NE [PA]) Jun 15, 2018 6:20 PM
How did I do? (by AllyM [NJ]) Jun 15, 2018 6:46 PM
How did I do? (by Dave [MO]) Jun 15, 2018 7:35 PM
How did I do? (by Robin [WI]) Jun 15, 2018 7:59 PM
How did I do? (by Lynda [TX]) Jun 15, 2018 8:01 PM
How did I do? (by BRAD 20,000 [IN]) Jun 15, 2018 11:05 PM
How did I do? (by DonV [OH]) Jun 16, 2018 7:05 AM
How did I do? (by DonV [OH]) Posted on: Jun 15, 2018 2:52 PM
Message:
I bought a house for cash an fixed it up. It is a double, up and down in a suburb of Cleveland. Rent should be $900 & $850 (maybe $25 less worst case).
I have brand new: furnaces, AC units, Hot water tanks, kitchens, bathrooms, allure flooring, paint.
Roof is ok. large detached garage - shared between tenants. Both tenants have their own washer and dryer in the basement and separate storage areas with deadbolt locks.
With buy price and repair costs (95% complete now) I am into the house for $80k, no mortgage. $80k includes my speeding ticket going there, utilities, 6 months taxes, everything. It will be only 2 months from buy to rented and occupied.
How did I do? I hired out 90% of work.
--65.185.xx.xx |
How did I do? (by DonV [OH]) Posted on: Jun 15, 2018 2:53 PM
Message:
And there area is ok not ghetto and can get good tenants that stay for years. --65.185.xx.xx |
How did I do? (by plenty [MO]) Posted on: Jun 15, 2018 3:26 PM
Message:
You are a rock star in my book! Go! Rent on! Get them rented! --99.203.xx.xxx |
How did I do? (by Vee [OH]) Posted on: Jun 15, 2018 5:43 PM
Message:
Gotta get the water bills separated legally so like dairy store or the filling station they pay for what they pour. Get a couple years rent on direct deposit without too many complaints and you are on your way, rent on... --76.188.xxx.xx |
How did I do? (by Deanna [TX]) Posted on: Jun 15, 2018 6:02 PM
Message:
Happy for you! --96.46.xxx.xx |
How did I do? (by NE [PA]) Posted on: Jun 15, 2018 6:20 PM
Message:
How do you think you did? How does it compare to your other ones?
I like the speeding ticket expense! :) --50.32.xxx.xx |
How did I do? (by AllyM [NJ]) Posted on: Jun 15, 2018 6:46 PM
Message:
Sounds like you did everything right. Now keep coming here with any issues that may come up if you need help. With all new furnace for an Ohio winter, you are doing very well. --73.178.xxx.xx |
How did I do? (by Dave [MO]) Posted on: Jun 15, 2018 7:35 PM
Message:
It's all relative to your area but a quick glance at your numbers for all in and the rent amount, the numbers look good. --159.118.xxx.xx |
How did I do? (by Robin [WI]) Posted on: Jun 15, 2018 7:59 PM
Message:
Those are some great numbers, especially because you won't have much expense in the way of repairs for many years (minus the roof). Two months from purchase to lease signing is a sign of good management. Go get yourself another one! --204.210.xxx.xxx |
How did I do? (by Lynda [TX]) Posted on: Jun 15, 2018 8:01 PM
Message:
Congratulations,Don! --108.87.xx.xxx |
How did I do? (by BRAD 20,000 [IN]) Posted on: Jun 15, 2018 11:05 PM
Message:
Go DonV GO!
(Can we write off speeding tickets? Asking for a friend...)
BRAD --68.50.xxx.xxx |
How did I do? (by DonV [OH]) Posted on: Jun 16, 2018 7:05 AM
Message:
It might be my best one ever. Water & elec & gas are already separate. Got it at sheriffs sale and heard a couple guys muttering this is Ohio thinking I made a mistake. I doubt anyone realized it was a double - legally - with separate utilities etc. They thought I paid to much.
Thanks guys! Cleveland suburbs are best rental market in the country IMO --65.185.xx.xx |
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