All Forum Posts by: Christopher Walling

Are you in search of a commercial residential building or a different type of commercial (warehouse, restaurant, ect.)

update - Under contract *****

Hello! Here is a 2-family brick home recently renovated. Huge sect.8 potential or conventional renters. Big corner lot. Lots of space and egress window in the basement bedroom on the one side.
Ohio Licensed Realtor®
Chris Walling
Red 1 Realty
Lic# 2018001049

Listing Link: [click address]
Listing -

If you're interested please just click the link, fill out your info, it will pop up in my CRM, and I can reach back to you at my earliest.

Thank you! Sect 8 rents look like around 2k per side by the 2023 rental chart. 

Here's the listing description:

Discover the allure of 1125 E. 99th Street, Cleveland, Ohio – an
impressive two-family brick residence exuding charm and versatility.
This multi-level gem boasts a partially finished basement in one unit,
offering abundant space to tailor to your preferences. Each unit
features its own unique charm, with 7 beds and 2 baths on one side, and 5
beds and 2 baths on the other. Imagine the possibilities of dual living
or investment potential.



Outdoors, balconies on each floor and a spacious porch beckon you to
enjoy Cleveland's delightful seasons. The home recently underwent a
refreshing renovation, adorned with vinyl flooring that seamlessly
complements the painted light grey walls. The thoughtful upgrades
elevate the interiors while preserving the timeless character.



This property presents a chance to embrace urban living while enjoying
modern comforts. With its abundant bedrooms and bathrooms, versatile
layout, and newly rejuvenated interiors, 1125 E. 99th Street stands as a
captivating opportunity for those seeking a distinctive home with dual
residency or an investment potential.



Come see the investment potential for yourself.

Hello! I have an updated listing on the MLS sitting for 30 days approx. I don't know the advertising rules on here, but I'm going to attach my link to my site. If not allowed, please excuse my ignorance of the rules on here.

I'm a licensed Realtor® in Ohio (SAL.2018001049)

4 bed , 2 on the main floor.

2 full bath

granite counters in bathroom and kitchen

neutral greys

newer roof and updates throughout

asking price 197,500

5 minute walk to Lake Erie, short drive to the multiple wineries and golf courses and wedding venues as well.

This could be a great cash flow situation for someone! Thank you for checking it out!

MLS Listing - 1805 Aberdeen, Madison, OH

Love these events you guys put on! Great networking environment. 

Hi Dena,
*
I'm a Cleveland local, investment friendly Realtor®.
I work with out of state investors such as yourself and would say that yes, those areas have potential for a SFH rental. But, know that those areas also come with POS inspections which is something I help my investors navigate through when needed.
I'm currently working on a 5 home portfolio purchase with my investor from the West coast, all SFH and one vacancy at 82k per home currently. I will tell you up front if the home is trash or not. I do not try to sell you on anything, I try to inform you on everything.
If you have questions about the area, you can DM me. I cannot solicit business on this site.
Best of luck.

The Seller added the interest into the over pricing of the property. You do not get title transferred in your name until the final payment is made, depending on your agreement terms. You should have enough reserves to pay for at least 6 mo. of no tenant income to be safe and seek out a financed loan with a bank to pay off the Seller asap in order to take title, whenever your financial history allows for that. But most importantly, it's overpriced  if what the previous commenter said the home is comped at 280k. It's a risky deal. If you're buying in Cleveland and expect to turn a monthly cash flow profit, don't buy anything over 250k, I wouldn't. Best of luck, your Realtor if you have one should be privy to all this and if they aren't, feel free to PM me. It's exciting to start investing, but if the math is wrong from the jump, you'll be pinching pennies later on.

Read your HOA bylaws about pets. I know in mobile home parks it's typical for the owners to reserve the right to accept or deny any pet with no reasons given.
1. reach the dog owner and have a conversation to see if they can keep the dog inside if the kids are outside
2. notify the HOA of an aggressive (if that's the case) animal near kids.
3. check height limitations set by the HOA bylaws.
4. contact animal control if all else fails.

If the dog has ever bitten someone that will be on record if they reported it. I had a friend who had to put her dog in a 5 sided big cage in her fenced in back yard because he bit the mail man 2x. There are escalations to pets like these.
It's always best to try to settle it without getting government involved, offer these alternatives to the tenant before wasting money on a new fence.

"Agent not helpful" If the Agent overall is not being helpful, tell them you'd like to be released because their lack of attention to a time sensitive situation.

With the Buyer situation, if they didn't tie you up for too long where you've experienced a loss of some kind, just move on. But be sure, if under contract, there is either an expiration date in the contract or you have a mutual release signed with the Buyer and with your Agent.

Then think about investing in Cleveland OH area and call me about setting you up with some potential deals. lol

Good luck to you!

Called HUD and they said as long as it offers potable water and is a true full bathroom with shower toilet and sink, it doesn't matter which floor it's on. There ya go.