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All Forum Posts by: Joseph Finley

Joseph Finley has started 2 posts and replied 3 times.

Real Estate Deal Analysis & Advice

Post: [Calc Review] Help me analyze this deal

Joseph FinleyPosted
  • Louisville, OH
  • Posts 4
  • Votes 0

In a very solid class B neighborhood, North East Ohio small city.  500ft from police station, library and 1800 ft from large YMCA.  

Financial Information

Annual Taxes

$1916.74

Homestead Exemption YN

No

Net Income

$13,770.00

Gross Inc.

$18,660

Op Expenses

$4,890.00

Owner Pays

Sewer, Trash Collection, Water

Tenant Pays

Electric

View report

*This link comes directly from our calculators, based on information input by the member who posted.

0 Votes
Buying & Selling Real Estate

Post: It's Feeling a Lot Like 2007

Joseph FinleyPosted
  • Louisville, OH
  • Posts 4
  • Votes 0
@Nicole Heasley NEO here and confirming you’re assessment. Seems like most $$ spent in OHIO is 2 hours south on i71.
0 Votes
General Landlording & Rental Properties

Post: Things to consider on first property at busy intersection

Joseph FinleyPosted
  • Louisville, OH
  • Posts 4
  • Votes 0

Hi all.  Looking at a (3) possibly 4 unit property for $45k.  It's rough looking on a very busy cross-intersection with gross rent of $1200/month.  The 4th unit was described to need work before usable.  

The (3) tenants have been there 10+ years.  I'm visiting the unit next week as details were slim on website.  I know the area relatively well.  

What things should I look for & ask about when on-site?  Yes, this is my first foray into rental properties.

Appreciate your time.

0 Votes