All Forum Posts by: Trent Ecklar

@Amanda Roderick you’re so kind. 

@Brandon Sturgill this is great! Yes, we decided to buy this one for us. We should have a coffee. I'm sure we could connect some dots and help our clients. 

@Robert Leonard thank you for the feedback. We walked the four units last week and the units are all in great shape. All new furnaces and water heaters. The next anticipated Cap X expense would be the roofs and we have received a quote to replace the roofs for $4K in the next few years.

The closing costs are spot on with the Seller closing cost credits that are being given. The reason we sliced the pie this low for vacancy is that these units are 100% occupied with all current leases. Currently there is an affordable rental storage here in Columbus Ohio and we have experienced multiple applications to choose from even in the winter months. I generally account for 15% for PM 9%, Cap X, Vacancy and Repairs, however the pie is split. Even if we bump up to 20% total we believe this one will give us some good monthly flow.

We are closing in a few weeks, I be sure to update where the actuals land after a few quarters.

Do you have any properties in Columbus Ohio? Which markets have your focus?

Thank you,

Welcome to Bigger Pockets! I am a from Columbus Ohio. I have invested in properties in California, Chicago, New York City and Columbus Ohio. Always happy to assist.

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Trent Ecklar HER Realtors Columbus Ohio Deal Review January 2019

I am from Columbus Ohio. I have invested in properties in California, Chicago, New York City and Columbus Ohio. Building a local team is important, always happy to assist.

Welcome to Bigger Pockets! I am from Columbus Ohio. I have invested in properties in California, Chicago, New York City and Columbus Ohio. Building a local team is important, always happy to assist.

Welcome to Bigger Pockets Michael. I'm from of Columbus Ohio and I lived in Los Angeles for five years while working on Montana Avenue in Santa Monica. I have invested in properties in California, Chicago, New York City and Columbus Ohio. Building a local team is important, always happy to assist.

Welcome to Bigger Pockets! I am a from of Columbus Ohio. I have invested in properties in California, Chicago, New York City and Columbus Ohio. Building a local team is important, always happy to assist.

Welcome to Bigger Pockets! I am a from Columbus Ohio. I have invested in properties in California, Chicago, New York City and Columbus Ohio. Building a local team is important, always happy to assist.