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All Forum Posts by: Aku Thomas

Aku Thomas has started 7 posts and replied 34 times.

Post: Insurance on property

Aku ThomasPosted
  • Cerritos, CA
  • Posts 39
  • Votes 5

I hv 2 properties in Dayton OH

One is a 4 units, other is a 6 unit.

Need insurance on both properties 

Post: Insurance Coverage in Dayton Ohio

Aku ThomasPosted
  • Cerritos, CA
  • Posts 39
  • Votes 5

Thx so much.

Might use u as PM

Post: Insurance Coverage in Dayton Ohio

Aku ThomasPosted
  • Cerritos, CA
  • Posts 39
  • Votes 5

Need Insurance for 4 units in Dayton Ohio for loan.

Post: Collect $2,141/month - 4 Unit Apartment Building in Akron!

Aku ThomasPosted
  • Cerritos, CA
  • Posts 39
  • Votes 5

Is this of market listing.

Post: In Escrow in Dayton Ohio

Aku ThomasPosted
  • Cerritos, CA
  • Posts 39
  • Votes 5

Good idea. I was thinking of going down on price to 138k

Post: In Escrow in Dayton Ohio

Aku ThomasPosted
  • Cerritos, CA
  • Posts 39
  • Votes 5

Purchase 4 units in Dayton Ohio. Just did inspection. We hv some major issues.

Units is for 145k all occupies.Price at 148k we offered 145k. Want to offer 140k to fix issues.

Observed the front porch patio is sloping towards the house. This could be allowing moisture to drain against the foundation. 

As well as trip hazard.

Observed the bathroom shower in Unit #4 is plumbed backwards. The correct way for the plumbing is for the hot to be on the left side and the cold is on the right side. This shower has the hot is on the right and the cold is on the left. For safety reasons this should be plumbed correctly so as not scold someone’s hands accidently. 

Short on the main electric panel.

this issue.

Furnace for unit #3 was not operating properly at the time of the inspection. It appears to be “Short Cycling”, this is a major. As well as the fact thatMajor flame distortion was observed. When the unit turns on flames shot out of the Heat exchanger .

Need advice should l move forward .

Rents are 550 each tenants hv 1 yr lease paying on time.

Also it’s in a B Area

Post: Collect $2,141/month - 4 Unit Apartment Building in Akron!

Aku ThomasPosted
  • Cerritos, CA
  • Posts 39
  • Votes 5

Are the units still available 

Awesome. Looking for a commercial lender for a 10units 

Post: Scott’s park Toledo Ohio

Aku ThomasPosted
  • Cerritos, CA
  • Posts 39
  • Votes 5

How far is Dayton from Toledo ohio.

I was just in Dayton.

Prices are good but Invester’s take them as soon as they hit the market.

Do u hv pocket listing

Post: First Rental Property Investment

Aku ThomasPosted
  • Cerritos, CA
  • Posts 39
  • Votes 5

Awesome. l am looking in Dayton Ohio for my 1st buy and hold.

2 units prefer 4 units. 25% down, or if possible 20% down.

Any help will be grateful.

Thx