July 21, 2014 by admin

Income Opportunity: 551 Mistletoe Ave Youngstown

2 story, 4 bedroom , 2 full bathroom house with a basement. Recent renovations done and interior just painted. Has a tenant . Current rent is $550 per month, this is suitable for income seeking investors.

Listing Price: $29,900 + $2,000 Acquisition Fee

Area: 1,475

Year Built: 1940

No. Bedrooms: 4

No. Bathrooms: 2

Rent: $550 per month (Need to change and verify)

School: OK

Crime Rate: Very Low

Interior Photos Available On Request

Lease Available Upon On Request

Click Here For SpotCrime Data

Thomas Su

RWP Global Inc.

Email: rwpglobal@gmail.com

(469) 347 1839

July 20, 2014 by admin

Ohio Renovation: Melrose Avenue Boardman (Before)

Type: Bank Owned Property

Renovation Required: Total Rehab

Nice 2 bedroom ranch, fireplace in living room. Large back deck, 2 car garage. The property is located close to schools, shopping, employment and entertainment centers. This is a Fannie Mae Property.

Location Analysis: Boardman School is one of the best school districts there.

Property Analysis: 2 Bedroom House, small and functional house.

Floor Size: 720 sq.ft
Lot: 9,583 sqft
Single Family
Built in 1949
Cooling: None

Heating: Forced air

Contact Details:

Thomas Su

RWP Global Inc.

Email: rwpglobal@gmail.com

Phone: (469) 347 1839

July 18, 2014 by admin

Property Idea: 4012 Sunset Blvd, Boardman

Brick Cape Cod home with 3 bedrooms and 1 full bath, 1 half bath. It has a 2 car detached garage and porch. Property sold as is. No guarantees. No warranties. Must be pre-approved or show proof of funds.

This is a very nice property in Boardman School District.

Sq.ft: 1,667 (Excluding Basement)

Annual Tax: 1397.26

Layout: 3 bedrooms and 2 Bathrooms

Garage: 2 Attached Garage space

Basement: Yes

Built Year: 1957

Likely Rent: $775 to $850 a month.

We own a smaller house 1,100 sq.ft and rented out at $775 a month, this is a much better and solid home attending the same school.

Analysis:

This area is very popular for families, the 2 attached garage is a bonus for this property as most properties here only have 1 garage or even just carports. Brick homes are also better in terms of quality. Full 2 bathrooms are also a bonus, as most houses only have 1 bathroom here.

Little works required, however, roof needs to be inspected as there were previous water damage and stains on ceilings.

Please Click Here To Click On Photos

Financials

Property Listing Price: $39,600 (Negotiable)

Property Acquisition Fee: $2,000 to $2,300 (with inspection by inspector)

Likely Repairs – $3,000 to $6,000 (if roof needs to be replaced) – these are rough estimates only.

Likely Rent: $775 to $850 a month

July 17, 2014 by admin

OH Property – 1935 Cherry Hill Avenue Youngstown

This 760 square foot single family home has 2 bedrooms and 2.0 bathrooms. It is located at 1935 Cherry Hill Ave Youngstown, Ohio.

This property was fully renovated in May 2014 by our team, and had a tenant just moved in, the lease started on 1 July 2014 and paying $550 a month.

It is an older home but we had done a major update (inside out), we also added a new bathroom in the basement so it is now a 2 bedroom + 2 bathroom house.

Size: 760 sq.ft

Bedrooms: 2

Bathrooms: 2

Current Rent: $550 a month

Yearly Rent: $6,600 (Gross)

Value: $30,000 to $40,000 Range

July 16, 2014 by admin

Ohio Property: 917 E. Philadelphia Ave.,Youngstown, OH 44502

Immediate monthly cash flow from this tenant occupied rental home. Four bedroom brick cape cod. Rented for $500 monthly to a long-term tenant receiving housing assistance from the YWCA.

All utilities paid for by the tenant. Very low maintenance home that just passed the annual inspection.

Priced well below the ta assessment of over $50,000.

Listing Price: $29,500

Buyer’s Acquisition Service Fee: $2,000 to RWP Global Inc.

Other Services (optional)

1) Ohio Company Set Up and Registration

2) Renovation Project Management

3) U.S. Bank Account Set Up

Property Summary

Bedrooms: 4
Bathrooms: 1
Square Feet: 2,100
Year Built: 1946
Lot Size: 0.189 Acres
Renovation Required: None

Description

Area: OK, Low Crime Rate

School District: OK

Property Size: Very Large (2,100 sq.ft), larger than most properties in the area.

Tenancy: Tenanted at moment

Current Rent: $500 a month (below market rent)

Market Rent: $650 a month

Condition: Updated and renovated in 2013

Insurance: Approx. $400 a Year

Tax: $1,100 a Year

*Tax is higher as the assessed value is at $50,000.

Likely Strategy:

i) Keep the tenant for a long term – this is a long term stable Section 8 tenant

ii) Keep the tenant until lease expires later this year and re-let to other tenants at market rate.

Street View Link:

https://www.google.com/maps/@41.069321,-80.636481,3a,90y,177h,90t/data=!3m4!1e1!3m2!1s-ybzZCcRnRZMwPnF8fJHlg!2e0!6m1!1e1

Nearby Property Comparison:

712 E Philadelphia Ave, Youngstown OH	0.31	Single-Family Home	$23,400	04/16/14	2	1	1,494
1335 Douglas Ave, Youngstown OH	0.31	Single-Family Home	$32,300	05/28/14	3	1	1,332
857 Roxbury Ave, Youngstown OH	0.45	Single-Family Home	$30,000	10/18/13	3	1	912
359 E Lucius Ave, Youngstown OH	0.62	Single-Family Home	$30,000	11/26/13	3	1.5	1,680
173 Wychwood Ln, Youngstown OH	1.39	Single-Family Home	$23,800	11/27/13	2	1	1,144
3104 Idlewood Ave, Youngstown OH	1.52	Single-Family Home	$25,000	05/06/14	3	1.5	1,768

January 10, 2014 by admin

OH Investment: 2004 Pointview Avenue Youngstown

Property: 2004 Pointview Avenue, Youngstown

Current Rent: $400 per month

Bedrooms: 2

Bathrooms: 1

Basement: Yes

Size: 892 sq.ft

Year Built: 1926

Land: 2 Lots of land – 2004 & 2008 Pointview

The tenant moved in October 2013 and would like to renew the lease and stay in the property. It was renovated in 2010/2011, and we had made further improvements in late 2013 and early 2014.