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Rentals in Berea : Real Estate Advice

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Activity 3
Fri Apr 5, 2013
James Gordon ABR SFR SRS answered:
Are you sure you want a lease option property? Are you listening to the current hype? The normal amont to put in an option contract is 5% of the purchase price in my area in SW Ohio.Are you willing to lose that money if for some reason you can not exercise the option and purchase the property at the end of the option?
Most people are better off renting and then looking at homes for sale when they qualify for a loan. There is a person in my area that has made a very good income offering homes on a short term lease option and then when the tenant can not exercise the option the option fee by contract is his. Some people call him a scammer but he is living by the contract that all parties agreed to up front.
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Wed May 23, 2012
Michelle Stanifer answered:
Hi, Linda. Nearly all apartments have their own property manager in charge of rentals so real estate agents don't have these listings or access to much information about them. You would need to call each building individually and inquire of the property manager whether they allow pets. There are some single and multi-family homes available for rent that may accept pets. If you are interested more information about these types of rentals, please let me know. I live and work in Berea and would be happy to assist.

Kind regards,

Michelle Stanifer
(440) 391-1304

Get Listed. Get Sold. Move!
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