1992 Ormond, Columbus, OH 43224

This property is located on the Northside of Columbus in a very nice Bread and Butter area. Located North of Cooke Rd, and West of Cleveland Ave, this property features 3 bedrooms, 1 bath and a basement. It has a HUGE backyard and deck! This would be a great lease option property!

ARV- $86,500

Rehab- 8-10k (Depending on contractor used)

Purchase Price- $34,000!


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866 Heyl Ave- 4 bedroom Cheap Cash Deal! (SOLD)

By Jeff Kowalczuk · May 3, 2009 · Filed in Uncategorized · No Comments »

This 4 bedroom house is located seconds away from Children’s Hospital. This should be a piece of cake to rent after rehab is complete, especially figuring Children’s just did a 23M expansion that will occur over the next couple of years. The exterior is in good shape for the most part it may need some gutter work and a small siding repair. The interior will need carpet and paint throughout, a few new windows, new kitchen and bath, a hot water tank, and some new CPVC plumbing.

ARV- 70k-80k  Zillow- 96k

Rents- $600-650

Purchase Price- $9,900

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895 S 22nd St- Very light rehab, cheap! (SOLD)

By Jeff Kowalczuk · April 29, 2009 · Filed in Franklin County Investor Deals · No Comments »
This investment will not need alot of rehab, replace the plumbing with CPVC, carpet, and paint and few windows, its rent ready! Jeff, Let’s get going it’s your time!
Bedrooms: 2
Bathrooms: 1
Square ft: 1,133
ONLY $12,900

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1327-1333 E 24th Ave- 4 unit money maker!

By Jeff Kowalczuk · April 25, 2009 · Filed in Franklin County Investor Deals · No Comments »

Each unit has 2 bedrooms, 1 bath and a full basement. These are very large units with lots of living space. The best part about this deal is the rehab is minimal. Three of the 4 units just need some minor cosmetic touch ups. All of the major mechanicals are in good working order. You should not have to touch the electrical, plumbing, furnaces or hot water tanks. The basements all have solid foundations and are not damp at all. A few of the units still have all the appliances!!!

The unit that will need some work is the 1333 unit. The roof over this unit was leaking after a huge wind storm we had here in Columbus, which caused some water damage on the back wall upstairs and downstairs. The leak has since been fixed and should be fine now.

Rehab estimates on everything should be in the 10k range, but may vary depending on the contractor used. Do the work yourself and this will be an extremely cheap rehab.

Its your turn to step into the game and start ca$h flowing like crazy. This one should pay your own house payment each and every month.

Rents- $400 per unit
Rehab- 10k (depending on contractor used)
ARV- 120k

This one can be all yours for only $59,900!
Part 1
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Part 2
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2086-2088 Grasmere Ave, Columbus, Ohio 43211 (SOLD)

By Jeff Kowalczuk · April 2, 2009 · Filed in Uncategorized · No Comments »

This double has 3 bedrooms, 1 bath per side and the building is almost 2,000 sq ft.  Located in the Linden area, this property will rent for $550-600 per side.  Only light rehab needed on this one, just start cashing those rent checks!

Rehab- 4-7k

ARV-90k

Purchase Price- $27,800