BP energy company has just announced that they will be drilling for natural gas in the Cleveland area. This is supposed to create over 4000 jobs and Cleveland area has some of the biggest natural gas reserves in the world. 15.7 trillion cubic feet to be exact. Energy is always a great paying industry for this area for years to come. Natural Gas is one of the energies of the future and the Cleveland area has plenty of. My cousin Tina and Chris live in Perry Ohio and have a gas well on their land. They not only get free natural gas to Energizer their home but even get a little bit of money every month from the well. So natural gas is a very abundant energy and creates high-paying long-term employment. BP also set up a brand-new industry that will complement the ever-expanding base of employment in the Cleveland Ohio area.
One of the new storefronts coming to Cleveland Ohio area is in South Euclid Ohio close to Shaker Heights and Cleveland Heights Ohio. Walmart we building a 117,000 ft.² supercenter in this area. This will complement the new 325,000 square-foot mall already being built this will generate $1.7 million in taxes for the city. It will also create 300 part-time and full-time employment opportunities. So with all this new employment and storefront come into Cleveland area real estate is in high demand in this area.
Rooftopinvestment saw is coming four years ago and positioned our clients Real Estate portfolio to include these areas. These areas cash flow right now at over 15% or more. The quality of the neighborhoods is a huge factor and the great school systems in the area (Ohio ranks 5th in the nation for schools). Time is running short for you to get in on one of the best real estate opportunities in America and prices are still very affordable. So what you waiting for prices go up?
Check out some of those we've done on rooftopvideos.com. Also wanted to leave you with a video the week. This home is in Cleveland Heights Ohio were just finishing it up so please view it and enjoy it. This home will rent for $1100 per month when completed. The cost of this home was $52,000, that's purchase and rehab. Brett Young Valley Realty