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Updated 7 months ago on . Most recent reply

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Blessing Uzoma Mbamalu
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Contractors, electricians, plumber,pms to reccomend for MTR/LTR duplex

Blessing Uzoma Mbamalu
Posted

Hello all, I am from NYC and currently closing on a duplex in Marion village. This is my first investment property and although I know Columbus is better for appreciation vs cashflow, I would like to atleast net positive as I hold onto the property. I am closing at 372k for a 2.5bd and 1ba per side. Mortgage running around 2900 for 15% down. 

I am considering adding a bath for one side to do MTR not so much STR because I hear it is difficult to find a good pm (unless anyone has suggestions) and do some light cosmetic updates on one side for a LTR (median $1760/mo) for consistent/passive income.

I wanted to know if there are any contractors/handymen/women (looking for quotes this week), property managers (STR/MTR/LTR), electricians that you would reccomend for the beginning of this process. Thank you!

Also curious if anyone has experience doing a different strategy per side of a multifamily, any pros or cons to share? Thank you.

  • Blessing Uzoma Mbamalu
  • Most Popular Reply

    User Stats

    295
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    Austin McClain
    • Real Estate Agent
    • Ohio
    553
    Votes |
    295
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    Austin McClain
    • Real Estate Agent
    • Ohio
    Replied

    I have a list that I can send to help. I'll reach out on your DM's to share it 

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