All Forum Posts by: Tom Kuhen

@Bob Collett 

I too am curious to see how many landlords actually allow inspectors inside. As stated in the article, the landlord can refuse entry into their property. Chances are the courts aren't going to force entry into each rental, primarily because they're likely occupied, secondarily there isn't enough manpower for that. Landlords will be given 3-4 week notice prior to the inspection, seems reasonable enough. The dozen or so items that were listed off all seem pretty fair in my opinion. Certainly issues are going to arise from these changes, but it also has great potential to weed out slumlords. I get that you're thinking on a much larger scale, but if landlords/investors are doing what they're supposed to be doing, and keeping their units in a habitable condition, they shouldn't be running for the hills, leaving their properties behind.

Here's another link, to complement yours (the last 10 paragraphs or so are interesting) :

http://www.cleveland.com/healthfit/index.ssf/2017/...

@Brad Fausett 

Thanks for sharing that. I figured 12k into my numbers, as a safe bet for a 1 car attached. Good news is, it seems like it would be a bit less expensive than that.

Jeff Brower Thanks for the information. I have talked to the head of the building department and building a garage is not mandatory, whether there was one previously or not. Also, their pos only pertains to sidewalks, aprons, driveways, sewer dye, and smoke/CO detectors. However, they are pretty strict on those items as you stated.

From my understanding, the buyer of a HUD home is allowed to choose the title company. Does anyone know of a title company, in the Cleveland area, that has a strong relationship with HUD? I've heard of recommendations to Fireland Title, Cleveland Home Title, and a few others for investors. I'd like a company that knows the ins-and-outs, and has professional relationships with Sage's Philadelphia office, to help keep the process moving forward, as I've heard plenty of horror stories on the closing process.

Thank you.

Thanks for the help @James Wise

James Wise I figured as much, thanks for verifying. What's an estimate for an attached unfinished 1 car garage including a new pad, eight grand or so?

@David Terbeek @Brad Fausett

Thank you for the responses. There's a property in Willowick that doesn't have a garage, but most, if not all, the houses surrounding it do have one, whether it be attached or detached. I'm not sure if they are mandatory (more or less) there, as they are in Lakewood, but because the city has a lower price point, I was curious if it would still be marketable/ profitable without one.

Recently, a mentor of mine did a flip in Lakewood and the property didn't have a garage or pad. He had both constructed (2 car), but said he didn't get much out of it as far as ROI is concerned. It seems that most houses in the Cleveland area have some sort of garage and I can only imagine that they sell easier, my question is, does a property need to have one in order to sell quickly? I know that anything can sell for the right price, and having a garage is nice to have, but are buyers willing to purchase a sub 150k property without one? Does anyone have numbers on this? (Percentage of houses that have garages in Cleveland, price difference of identical houses with/without a garage, etc.)

Option B. The color scheme as well as the font size helps to make the text stand out more, making it more legible. I am partial to the small section of the building on the right (in the rear of the building) to be the same color as the main section, as option A has it.

@Patsy Waldron There's a shop in North Olmsted, on the corner of Dover and Lorain, called Jesri Stone that I used to work for. They'll have a few dozen remnants sitting around at any given time, and since they're all leftovers, they'll practically give them away. Depending on how many sq.ft. you need and the price/color(s) you're looking for, they may be a good fit.