All Forum Posts by: David Arendt

@Dave Poeppelmeier

We tried Airbnb on one of our nicer apartments in Sylvania Township. It stayed rented pretty consistently and ended up making about double what we get in rent for long term rentals. In the long run, it wasn’t worth our headache of having to change over the unit between guests. I think if you had the people in place and more units then it’s a very lucrative business model but just a little too hands on for us at the time. We ended up renting it furnished to a long term tenant.

It doesn’t hurt to try it though especially if you have the time or know the people to turn it over between guests. You’ll have some cost in furnishing it but it’s only a 1/1.

@Blake Jones healthcare.gov marketplace has different options. It is based on your income but was cheaper for our family and better coverage than what our insurance broker had to offer

@Nathaniel Walker I would be interested in joining. I own several multifamily buildings in Toledo and a few single families as well.

@Alma Bagaoisan we self manage our properties. 

I have four SFH homes available for sale with long term renters in them in the 43612 zip code. I have been buying apartments lately and want to shift my focus to multi family. Contact me for more details!

I have the following properties available for sale in Toledo, Ohio:

Single Family Homes: 

2130 Perth Street (Duplex currently being rented by 1 family for $900/month)

2144 Airport Highway (Rent = $825/month)

3326 Bellevue Road (Rent = $800/month)

3418 Bellevue Road (Rent = $835/month)

3434 Bellevue Road (Rent = $800/month)

3645 Lincolnshire Woods Road (Rent = $850/month)

3708 Watson Avenue (Rent = $750/month)

3856 Hoiles Avenue (Rent = $850/month)

4313 Jackman Road (Rent = $850/month)

6133 Herst Road (Rent = $895/month)

5203 Janet Avenue Sylvania, OH 43560 (Rent = $925/month)

Multi-Family:

1612 Berdan Avenue (4 Unit)

3465 Cheltenham (7 Unit)

3522 Douglas Road (4 Unit)

If you are interested in any of these please message me and I can give you more information/financials. 

Currently rented for $850.00 with long term tenant. 3 bedrooms, 2 bathrooms. 1 car garage with basketball court in backyard.

We bought these properties distressed and fixed them up. They are currently rented and turn key now. Only reason for considering selling them is to 1031 the money into a multifamily unit.

I have 6 single family homes in Toledo and Sylvania, Ohio. All properties are currently rented. For more information on these properties please email me at [email protected].

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