All Forum Posts by: Nick Gory

$45000 / 3br - 1071ft2 - 3/1 Single Family Home Rental

3 bed, 1 bath Single Family Home
Square Footage: 1,071
Market Rent: $900/mo

All you need to do is find tenants and start making money! This property is currently vacant and ready for you to make this your next rental property. This house sits on a quiet street in one of Cleveland's best rental neighborhoods. The property is in good condition and just needs lipstick cosmetic work to be rent ready. We estimate this property to rent for $900 per month!

*How quickly you can close is heavily valued!

Title is free and clear and seller pays any back taxes or liens at closing.
Buyer to pay all closing costs.

All contracts sold for cash or hard money.
Non-refundable earnest money deposit of $1,000 and signed contract to secure the deal.

Realtors are important
to our business
We understand you have buyers and the knowledge to help your buyers make an informed decision. We are a Realtor friendly investment company, and encourage our clients to seek the advice of a good Realtor.

Add your commission to our price
when presenting to your buyers.
Our properties are priced with DEEP discounts,
and there is room to add your commission on top.

Send us your REO or other distressed property listings!

We're happy to make an offer so you receive both sides of the commission!

PLEASE MESSAGE ME WITH YOUR EMAIL ADDRESS and I'll forward all the details!!

Ready for the next investor to start collecting mailbox money!

Price: 325k

$6,400/mo GROSS

$3,613/mo NET INCOME

13% CAP RATE 

For more details including over 100 photos, inspection details, and yearly expenses: PLEASE REPLY VIA EMAIL, and we're happy to email you everything.

Thanks for reaching out!

Ready for the next investor to start collecting mailbox money!

Price: 325k

$6,400/mo GROSS

$3,613/mo NET INCOME

13% CAP RATE

Many have you have been asking for more info on this smoking hot deal from ole St Nick... And now we finally have due diligence docs!

New roof! New boiler! This brick building is BULLETPROOF turnkey asset.

For more details including over 100 photos, inspection details, and yearly expenses: PLEASE REPLY VIA EMAIL, and we're happy to email you everything.

Thanks for reaching out!

632 East 185th Cleveland Oh 44119

New roof! New boiler! This brick building is BULLETPROOF turnkey asset.

$6,400/mo GROSS

$3,613/mo NET INCOME

13% CAP RATE *when full

Commercial Rents $2,730/mo

624 - $950 630 - $850 - $1,000 (unoccupied, market rent) 632 - $900

Residential Rents $3,700/mo

1 - $500

2 - $550 3 - $550 4 - $550 5 - $550 6 - $500 7 - $500

Operating Expenses are $2,787/mo

$780 utilities and trash

$597 taxes

$640 10% vacancy

$640 10% management

$130 2% Repairs and Rent Registration

Besides the immaculate condition, this asset has a LOT going for it:

- LOCATION. This section of the street is a commercial district - walking distance to bars, restaurants, coffee, etc. Low Cleveland taxes.

- Brand new boiler JUST installed two weeks ago ($17,000.00)

- New roof three years ago

- 3 commercial units, one of which is ready for a new tenant paying a solid rent fee.

- Amazon distribution center being built 5 minutes away...

- Chipotle and Starbuck's recently opened up 2 minutes away

- Near Lake Erie

This is an old, tired landlord who has had this building since the 70s. He hasn't kept stellar historical records, but he has keep some.

Please respond here with any interest. Thank you!

Hey buddy! Can you please email me some photos of this and all details? [email protected]

Hey buddy! Can you please email me some photos of this? [email protected]

As a wholesaler, I always get realtors telling me stop selling real estate without a license and to get my realtor's license.  I usually respond "I'm not marketing the property, I'm marketing the assignable purchase agreement". 

What's your BEST response when realtors tell you this?

Hey all, what are some good resources for learning how to raise private money?

not that the debt isn't mine. It's that I have some late payments that are showing from 8+ years ago, and they should not show after 7 years. Any idea how to get them removed?