[Calc Review] Help me analyze this Cleveland deal

[Jezelle John]

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*This link comes directly from our calculators, based on information input by the member who posted.

[John Nachtigall]

I own 4 duplexes in Cleveland.   They are fully managed by Holton-Wise who are active in these forums @James Wise.   I have been very happy with the management.  I have to take care of the utilities, they take care of everything else.   You should be aware you have to pay for water/sewer yourself, they bill to the owner not the tenet in Cleveland.   

I would suggest you check out their website Link and The Ultimate Guide to Cleveland Neighborhoods guide UGCN Link.  James will do a personalized analysis of a property for you for a small fee, I put a link to one of the analysis he did for me below.   I found them invaluable given I am remote and he understands the market so well.   A little money up front was well worth the very in-depth analysis.  Even if you don't use them there are hundreds of videos analyzing properties in Cleveland and you can learn a lot.  

Good Luck

YouTube Link

I forgot to include my numbers for water/sewer.   I paid $2705, $1340, $2336, and $1338 for the 4 properties I own for 2020.  You can see that it is very variable depending on how many people live in the properties (families vs no kids etc.)