PURPOSE and new number 260-221-9673

2595 Broadway Toledo Ohio 43609 (multi family investment property)

1 of the 3 transient rooming units . Minutes away from the Toledo Zoo, Walbridge Park, The Toledo Sailing Club and many more attractions including Downtown Toledo.

Along with ACCESS To the Anthony Wayne trail as well as I-75 The City of Toledo main downtown area is 3.3 miles away making for an easy commute . Description of the Zoning District is RM multi-family (residence municipality) with city of Toledo permitted uses included as group living or group rental. This multi dwelling structure is 2400 sq feet above grade and nearly 1400 sq feet below grade.

All units have updated appliances including refrigerator and oven. The whole building runs on a highly efficient (and quiet) boiler system. 3 separate meters. Located on the Maumee River with 50 foot of spacious waterfront.

Also checkout the means of egress for each unit and you will see there is potential for a 4th efficiency inside. 5 bedrooms , 3 kitchens, and 4 full baths.

Helpful tip: Schedule a vewing or contcact 419-261-0237 for an exclusive appointment

Preventative Maintenance Tips

Every winter we get uplifted by Family freinds and good eats.

While those sweet potatoes are cooking and granny has nodded off the eggnog and grandkids are hovering there latest remote controlled UAV around her nostrils, your gradually missing out on protecting your investments.....https://www.houselogic.com/organize-maintain/home-maintenance-tips/home-preventative-maintenance-checklist-5-critical-tasks/

For example here are a few things to take into account for your home.  Below are pictures  (mostly incorrect) for proper run off away from your home.  We have included narrative to help understand the necessary corrections.  Water damage can be a danger to any home or building so making sure there is eb and flow of your downspouts at least longer than the roofline and away to the furthest most lowest point of the yard.

 a no no

 better but needs more out spout tailing away from building 

 very deceiving, notice , over time these heavy concrete peices will fall into the ground and the  water will be heading toward the foundation

 this is better

 Water damage can be a danger to any home or building so making sure there is eb and flow of your downspouts at least longer than the roofline and away to the furthest most lowest point of the yard.

The following pictures are indications of the vents in your foundation which are crucial for proper air movement in the hotter months. I have included pictures of open vents. They can be often times hiding beneath decks or landscaping so if you are unsure hire a professional to look into your crawl space....don't forget the flashlight and mask.  ALLso make sure the are closed in the winter and the screens are free from debris because you do not want tiny guests nesting in the house or building.

If you are leaving town for a period of time it isVERY IMPORTANT IF YOU HAVE ANY QUESTIONS ABOUT VACANT BUILDINGS MAKE SURE YOU CONTACT The Department of Public Utlities and Have the water shut off.

 Below is a link to THE DPU.
http://toledo.oh.gov/services/public-utilities

HAPPY HOLLIDAYS

WYNTK about Financing a HOME

Thinking of buying a new home?  Before beginning your search start saving, budgeting and planning because it is helpful to know how much you can afford and what type of home you would like to purchase.  Traditionally lenders will allocate approximately 28% of your gross monthly income to housing expense.  Below are some links perhaps may help:

https://www.credit.com/loans/mortgage-questions/how-to-determine-your-monthly-housing-budget/

https://www.quicken.com/how-much-should-you-spend-rent-when-budgeting

Housing expenses include PITI- which stands for Principal, Interest, Taxes, and Insurance.  To get an idea of how much you can afford to pay each month for a house, multiply your gross monthly income by 28%. furthermore when coupled with outstanding loans the total for your debt service should not include 36% of your gross monthly income.  To increase purchasing power contact me at 419-261-0237 for a list of lenders that may be able lower interest rates with more liberal requirements.

Also like and follow this page for more content👇

https://www.facebook.com/clickrobley.realtor/

Hopefully your lender will take the guesswork out of applying for a loan by figuring out the amount you can afford to borrow.  Easily they can email you a print out of the maximum mortgage amount you qualify for.  This Preapproval will establish your price range and give you buying power by letting the seller know you have already been approved for the loan.


http://www.co.lucas.oh.us/DocumentCenter/View/55221

The above link will be helpful in understanding current tax laws in Lucas County.

For helpful videos👇

 https://youtube.com/c/RobleyAlbright

Mortgage interest, property taxes, and loan fees, or "points" are currently tax deductible. Points are generally deducted in the year paid.   A point equals 1% of the mortgage amount.   If you are in the 28% tax bracket, this is equivalent to receiving a 28% discount on your mortgage interest and property taxes.   During the first year f your mortgage the tax saving are especially high because most of your monthly payment goes towards your loan interest.

Some limitations may apply when closing costs are equated and today some lenders may offer mortgage with npo closing costs. When determining the out of pocket cash at closing taking into account your down payment and escrow accounts for  taxes and insurance should be considered.

If you  liked this column of What You Need To Know about financing your new home then share with a friend or colleague by clicking on the search bar and copying and pasting.

First time buying a home?

First time buying a home?  I get it.  The amount of unanswered questions you have- They are keeping you awake at night, aren't they?  It can be overwhelming and that's just the unknown.  What is known is that you are going to be in the biggest financial decision of your life and you need back up.

So, I 've included two links to help you in your journey:

http://portal.hud.gov/hudportal/HUD?src=/program_offices/housing/sfh/203k


http://portal.hud.gov/hudportal/HUD?src=/topics/common_questions


What are you waiting for?! Contact me for future representation. 419-261-0237

Veterans/Military Money Skills

Perhaps you may find help in this content or know someone who may then to share it:
Just copy and paste this link: http://restatetoday.blogspot.com/2016/02/veterans-military-discount.html

One of the hardest thing you used to deal with once coming home from Military duty was not to spend the money you just earned.  There are programs out there now that help military personnel manage there money.

From Kiplinger's magazine: for your Saving or TSP Account you can invest up to $18,000  in your contribution or contribute 53k.

In the Roth Retirement Plan your contributions are all tax free with no restriction on income.

More Tax Free products that investments come in tax free and leave tax freee can be found at
http://www.kiplinger.com/article/taxes/T054-C000-S002-tax-breaks-for-military-families.html.

Or more appropriately:
http://www.irs.gov/publications/p3/index.html

IF YOU ALREADY OWN A HOME or your thinking of buying one?
No  Private Mortgage Insurance and NO down payment for military personnel...
BE AWARE however if there is a slight drop in value of the home then you could become upside down in your mortgage if you don not have enough equity.

Lastly take advantage of the Tax Free Housng Allowance where monthly subsidies cover all or part of  your rent/mortgage.

Most of these programs may depend on you rank and file.  Perhaps you have a question where I could assist in conveyance of a mortgage officer specializing in VA mortgages.  Email me at Robleyalbright@gmail.com  or Text me at 419-261-0237.

God Bless and Hope this is received well.

Veterans/ Military Money Skills

Perhaps you may find help in this content or know someone who may then to share it:
Just copy and paste this link: http://restatetoday.blogspot.com/2016/02/veterans-military-discount.html

One of the hardest thing you used to deal with once coming home from Military duty was not to spend the money you just earned.  There are programs out there now that help military personnel manage there money.

From Kiplinger's magazine: for your Saving or TSP Account you can invest up to $18,000  in your contribution or contribute 53k.

In the Roth Retirement Plan your contributions are all tax free with no restriction on income.

More Tax Free products that investments come in tax free and leave tax freee can be found at
http://www.kiplinger.com/article/taxes/T054-C000-S002-tax-breaks-for-military-families.html.

Or more appropriately:
http://www.irs.gov/publications/p3/index.html

IF YOU ALREADY OWN A HOME or your thinking of buying one?
No  Private Mortgage Insurance and NO down payment for military personnel...
BE AWARE however if there is a slight drop in value of the home then you could become upside down in your mortgage if you jdon not have enough equity.

Lastley take advantage of the Tax Free Housng Allowance where monthly susidies cover all or part of  your rent/mortgage.

Most of these programs may depend on you rank and file. Perhaps you have a question where I could assist in conveyance of a mortgage officer specializing in VA mortgages.  Please email me at Robleyalbright@gmail.com  or Text me at 419-261-0237.

God Bless and Hope this is received well.