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Updated 8 months ago on . Most recent reply

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Timothy Zuehl
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Considering Akron OH for first deal

Timothy Zuehl
Posted

hello, I have been researching like crazy to make my first deal. I was wondering if buying a long term rental property with tenants already in place in a market that is up 20% yoy is a good investement or not. the rough numbers ive been running seem to have a decent cap rate but the house is about 15k more than the zipcode average.

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I have a duplex in Akron that I would like to sell. I'm going to focus on STRs instead. Great paying tenants in place and it cash flows even with my almost 10% DSCR loan. Feel free to reach out if you'd like more info.

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