All Forum Posts by: Jorge Garcia

This sale is happening this cheap because I need the funds to close on another deal ASAP! If you decide you want these two properties, you must be ready to close yesterday! Realistically we need to wait on city disclosures which is a day or two, then title work which buyer pays 50% of closing costs!

3439 - 3539 west 58th. - 3 bedrooms each house, electrical & plumbing done by me (veteran builder), house has been mine for 5 years now and and I hate to let them go because they are great money makers! Same tenants for over 3 years on one house and over a year on other house! Great tenants! Both of these homes are on the same street.

Please do not try to lowball me because I know exactly what I have and I know what its worth! This is a deal at 25K per house! These 2 houses easily sell for 37K each if sold on MLS. Both must sell together as package!

I can get you in to see them with proof of funds on hand!

Thanks!

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This sale is happening this cheap because I need the funds to close on another deal ASAP! If you decide you want these two properties, you must be ready to close yesterday! Realistically we need to wait on city disclosures which is a day or two, then title work which buyer pays 50% of closing costs! 

3439 - 3539 west 58th. - 3 bedrooms each house, electrical & plumbing done by me (veteran builder), house has been mine for 5 years now and and I hate to let them go because they are great money makers! Same tenants for over 3 years on one house and over a year on other house! Great tenants! Both of these homes are on the same street.

Please do not try to lowball me because I know exactly what I have and I know what its worth! This is a deal at 25K per house! These 2 houses easily sell for 37K each if sold on MLS. Both must sell together as package!

I can get you in to see them with proof of funds on hand! 

Thanks! 

This duplex is situated in the Gordon Square / Ohio City area of West Cleveland! Very nice area that has come about! 

This home was recently rehabbed about 4 years ago with all new drywall, insulation, siding, plumbing, electrical, HVAC, everything! 

Reason i'm selling is due to i'm downsizing my portfolio and want to retire. If you one of those shooting low ball offers please don't waste your time or mine! Do your homework and know what the property is worth and lets talk!

$1,350 total income

10% manage fee - 135.00

Insurance - 70.00 month

water & sewer - 100.00 month

 Taxes - 45.00 month

Total profit - 1,000

West Cleveland in Old Brooklyn area! Newly rehabed multi family, has all new electrical, plumbing, hvac, work done by veteran builder /owner. This house needs nothing as it functions fine, I rehabbed this place 4 years ago and did it the right way! The area is by far the best bang for your buck! 

This is a multi-unit bldg, total income is $1,600 per month! Below is a breakdown of the finances, you know what the ROI is on this purchase, it's a no brainer! This house is being offered only because i'm retiring from the business and i'm downsizing my portfolio, please don't waste your time or mine with crazy low ball offers because we will not entertain them! If you know the real estate market you will know this is a great deal!

MUST CLOSE WITHIN 2 WEEKS, MUST USE MY TITLE CO AT MT.MORRIS TITLE IN BROOKPARK, THEY HAVE GREAT INVESTOR RATES!

Taxes - 30.00 per month

10% manage fee - 160.00 per month

Water & sewer - 150.00 per month

Insurance - 80.00 per month

TOTAL EXPENSES - $420.00 per month

TOTAL PROFFITS - $1,180 per month

West side investment home! Single family with 3 bedrooms and 1 bath. House has a great tenant! 

House was rehabbed by me 4 years ago, i'm an experienced builder and house is done properly! 

House has huge fenced yard, close major highways, excellent rental! 

Price is 35K / buyer pays all closing costs thru Mt. Morris title at a discounted investor rate.

No low ball offers will be entertained, at 35K this investment home is a no brainer! Must show proof of funds before viewing property!

Rent - $700.00 per month

Taxes- 17.00 per month

insurance - 60.00 month

water & electric - Tenant pays

monthly profit - 623.00 per month / $7,476 per year.

No, I paid 27k total with rehab 6 years ago, no loan! 

Today you can pick these up for 20's to 35k and 8 to 10k rehab since prices have come up, I sell turn key multi family homes these days for 50 to 55k to investors, they come with new plumbing, electrical, updated heating, paint, paying tenants. 

@ Sunny, I really dont know where you are getting these better ROI numbers on east side because i'm a "on the ground " investor / contractor in all of Cleveland and own homes in Cleveland heights area where it's considered a great area and paid 80k for a multi-family where my max rent is 700.00 per unit and all new rehab!

Then I own on west side where I paid 20k + 7k rehab, my total investment was 27k and im getting the same rents with same quality tenant! My turnaround is actually better on west side! 

I now own 32 multi family homes in west side and 6 in Cleveland heights and wish I never put a dollar on east side! 

Sunny, you forgot to mention what a pain in the a.. the building dept out there is and crazy yearly inspections where they make you spend $ on stupid stuff not needed! 

I been in this game here on the ground 8 years now and ill stay on west side!

West Cleveland duplex for sale! 

New rehab by veteran contractor, new plumbing, new electrical, new everything! 

Good paying tenants that were with us at another property and they have an excellent pay history!

This home profits 900.00 after all monthly expenses!

Management is provided by a licdnced company we refer you to which actually manages my own properties. 

These properties are becoming scarce and more expensive every day! You will not see this kind of returns on your money anywhere! 

Please no low ball offers!

Email for more info or text 216-287-1726

3 Bedroom / 1 Bath single family home on Cleveland's West side! West 58th and Denison.

House has been a great rental for 5 years and I have already made my money here so i'm ready to move on now , house is rented with a stable tenant for 700.00 per month, tenant pays all utilities!

This house has a huge back yard and fenced in yard.

House has a good roof that not too old, all plumbing updated with all new MOEN faucets, newer electrical.

I priced this house for quick fast sale! Buyer pays closing costs!

If interested please text 216-287-1726

Expenses:

Taxes - 40.00 month

Insurance - 60.00 month

Management fee - 70.00

Your profit - $530.00 per month

This Duplex has been fully rehabbed by me which i'm a veteran contractor / builder and I do it all the right way! I have over 30 years experience doing this in this field! I own over 30 of these duplexes in this general area and this is by far the best area to invest in for the money! You will never get this return anywhere else! Also we will manage your property for 10% of gross rents and one thing a buyer for these properties needs is an experienced property manager, we do it all for you! 

2 family

3263 Fulton Rd

Cleveland, Ohio 44109

Lower unit rent - 625.00

Upper unit - 625.00

water & sewer - 75.00 month - owner expense

Taxes - 90.00 month - owner expense

10% manage fee - 120.00 - manage fee

owner profit - 915.00 per month

22% cap rate!

$49,000