Getting Better Real Estate Services

Friday, May 30, 2014

Brand New Weekly Ad: Cleveland Heights Beauty






  Beautiful all brick 4 Bedroom Colonial on a gorgeous tree lined street in Cleveland Heights. Hardwood Floors & Wood Trim Throughout * Living Room* Two fireplaces * Dining Room has Built In China Cabinets  * Third story * Huge backyard * Sun Room * Beautiful Curb appeal. * Partially finished basement* Two car detached garage.

Property #’s Below:

Purchase Price ---------------------------------------------- $ 35,000

Rehab cost -------------------------------------------------- $ 30,000

Rehab and Purchase Price -------------------------------- $  65,000

Approx Market Value------------------------------------- $ 95,000-100,000


After Expenses Positive Cash Flow $678

Rent ------------------------------------------------------- $ 1150

Taxes -------------------- --------------------------------- $   335

Prop Management -------------------------------------- $   92

Insurance ------------------------------------------------- $     45

Positive Cash Flow ------------------------------------- $ 678

Return ---------------------------------------------------     13 %

Call Brett 602-363-6551


Real Estate Investors need to think


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Thursday, May 29, 2014

Brand New Success Story



This is a very nice 5BR 1.5BA single family home in Bedford Ohio. This home is being completely remodeled. Updates include new/refinished flooring, new electrical plugs covers switches and light fixtures, new and repaired drywall, new paint and so much more.

Here is a property we just finished in Bedford.  This property rented out before we were even done with the property.  This investment property rented for what was quotes and a double digit return.  We are seeing a huge growth in potential tenants wanting to pay the higher rents.  Inventory continues to shrink which is a great sign for higher prices. Brett Young

 

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Tuesday, May 27, 2014

There's a lot of dough in cheese


 

I wanted to show on this great Memorial Day some of the cool foods that are made in the Northern Ohio area.  One is Cheese and this story from http://www.crainscleveland.com by DAN SHINGLER.

it is one of the largest privately held companies in America according to forbes No 213.

"It will be the company's fifth “super plant” — the name Great Lakes gives to its largest operations that also serve as major distribution hubs — and its ninth plant overall. The company employs about 2,400 people nationally, including about 600 at the Hiram plant and corporate headquarters, its largest single facility. "

The Great Lakes Cheese Factory has it;'s largest facility in this area. The companies sales are 2.4 Billion dollars per year.

Middlefield Cheese

We also have another Cheese Factory in Middlefield Ohio Called the Middlefield Cheese Factory.  That is a very Amish area and I personally know one of the owners.  It is unique because the original founder is Swiss.  They do have one of the finest tasting swiss cheese on the planet and I always get some when I'm out there.

When I was a kid we would go over to the owners old home behind the cheese factory and have cheese for breakfast. 

Their website is  http://www.middlefieldcheese.com.

They are also a privately held company in Ohio

I just wanted to show some more great reasons why Real Estate investors and people area flocking to the Northern Ohio Area.  Brett Young



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Sunday, May 25, 2014

Millennials Moving to Cleveland


Here is a video Kelly found on you tube that talks about what people love about Cleveland and why they are moving here. The Video was made by  http://www.globalcleveland.org.  It is a short and very good information.



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Friday, May 23, 2014

Weekly Ad: Flipping out!






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Thursday, May 22, 2014

Another Success Real Estate Story

This Single-Family Home located at 3195 Whitethorn Road, Cleveland Heights OH sold on Mar 15, 2006. 3195 Whitethorn Rd has 3 beds, 1 bath, and approximately 1,536 square feet. The property has a lot size of 7,590 sqft and was built in 1908. The average listing price for similar homes for sale is $85,280 and the average sales price for similar recently sold homes is $87,217. 3195 Whitethorn Rd is in the 44118 ZIP code in Cleveland Heights, OH

This Property was rented for the quoted rent and is a certified double digit return property. It was rented right after completion of rehab.  Great locations get great tenants and high rents.


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Monday, May 19, 2014

Dollar steady as housing data stem U.S. yield drop



Here's a story from FOREX and Reuters the talks about the dollar means that he because of the housing starts which rose 13.2% since last November 2013.

With new builds being a hole for the last eight years this is truly is a great sign that the flip coming back.

There's no way they can build enough new homes to meet the demand of the housing market coming. People of been on the sidelines for almost 7 years already to purchase a home.

The last and final piece to the puzzle will be the loosening of lending for home buyers. When that happens the floodgates will open for people to buy owner-occupied real estate.

Read many reports on lending and the rules will start changing by the end of this year. So that is where watching for. The higher and Homes are still selling very well though.

 Keep watching I will keep you updated on the flip market and the opportunities available for you the real state investor. Brett Young Rooftopinvestment.com

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Pepper Pike 4 Bed 2 1/2 bath $309,900

Call Brett for a Private showing or if you have any questions  4 Bedroom 2 1/2 Bath 2494 Sq Ft Finished basement  Motivated Sell...