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All Forum Posts by: Christopher Mooney

Christopher Mooney has started 11 posts and replied 43 times.

Did you realtor show comps in the area to justify rental price? Just curious how you arrived at your advertised rental price. Would you consider month ot month? One thing I've learned about trying to rent a property during the winter months in Cleveland is that there are extra costs/efforts that you don't incur during the summer. For example, you'll have to pay to (or do on your own) winterize the property. Snow removal on sidewalks is another one. I've got a vacancy coming up Dec 1 and will offer month to month in the hopes of being able to find a long term tenant in the spring/summer when rental rates are higher anyway and more people are looking to move. 

Quote from @Michael Swan:

Hi @Nick Allison

I prefer Lake County, Ohio.  Really nice area like Mentor.  Lake county is Landlord friendly, newer buildings comparatively and great rents, often higher than Lakewood and some of those sexier west side areas.  Purchase prices are about 25-35% lower there too.

I have 57 units in Mentor and about 110 units in Painesville too!! Don’t be fooled by the hype!! I’m in California like you too.  I live in San Diego.

Swanny

BP Guest Podcast 238