All Forum Posts by: Michael Dodd

@Norense Iyahen $650 per unit and a $100,000 duplex? If that’s what they’re stating then you’ll definitely be in some rougher areas. Those deals are out their but they’d be in C- or D neighborhoods.

Any duplex in a decent neighborhood below $140,000 is most likely going to need some work.

you can see rents in those areas from $700 -$1,000 for 1BR/1BA, and $850-1250 for 2BR/1BA.

Also if you’re out of town remember that the houses/ duplexes in Cleveland are usually 100+ years old. Don’t let this deter you, just something to think about when doing due diligence on a property.

A lot of good cash flowing priories available in good areas, especially if you don’t mind taking on some rehab.

@Brian Garlington overall a good experience with them?

@Jim Truman some are updated nicely and others a priced very low to where updates can be made.

Try to find someone you trust to do walk throughs, preferably someone with contractor level knowledge.

Even when having inspections done, I found things that inspectors missed. Overall there’s plenty of very structurally sound homes that are that old. I wouldn’t let age of the home deter you from looking.