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Saturday, October 31, 2015

Unlimited Real Estate Magazine 103015

Unlimited Real Estate Magazine

Trends in the real estate markets and how to profit from them

Excellent Duplex Luxury property

 

Click to view property

This property is a duplex and is 1662 SQ Feet 1 unit is a 3 bedroom 1 Bath and the second unit is a 2 bedroom 1 bath. Large 2 car Garage for 3 bedroom 1 Car garage for 2 bedroom area in the back and tons of parking. Call me at 216-703-5740 Lets go over the approx numbers.  They have a lease on the 3 bedroom that is low.  These approx numbers reflect the lower rent.  I believe we can get another $175 a month on the 3 bedroom.

Purchase Price_________$184,900

Rent_______$    1600
Tax_______$      328
P/M_______$      160
Insurance__$       60

Net Profit
__________$      1052

I think when the 3 bedroom lease runs out we will be at $1227.  These will be longer term tenants because the area is so desirable. Call Brett 216-703-5740
 

New Flip Property

 

​This is another example of the homes we buy to flip.  This one is very nice and will sell for $185-$190K.  It needs a new kitchen and cement work.  We also have to ​finish the enclosed patio area.  There are some $300K-$500K homes in that neighborhood also. Let me know what you think. I have the pictures and comps on this property below. I also detail out the construction after we get it under contract. Our main focus is the bathrooms and kitchen.  We also have an interior decorator come in and give us a pallet of colors. This process on this home from start to finish and sold will be 90-120 days. 


​ This flip opportunity in Westlake OH. It is a very nice 3 BR, 1-1/2 BA on a great street. Homes on that street go for $400,000+. It needs general rehab, a new driveway, new kitchen and baths, plus adding a bath, estimate rehab $25,000. Based on comparables the estimated resale is $185,00-$190,000 with low days on market. You will see the comps I sent sold in 10-15 days. This is a very hot area. Walking distance to Huntington Beach and Hyland Software (employer) and close to Crocker Park 
 
    
  
   Click to view Property
           
 
 

Ask - $137,900

Suggested offer - $115,000

Est rehab - $25000

Our fee - No Charge

Est total investment - $140,000

Est resale - $190,000
Est closing cost including commissions - $15,000

Est net Profit $35000

Cash flow Real Estate Avaliable

 

I actually got this property by accident Sunday from a client that is looking for a home. This property will rent for a least $1,000 per month and is on a great street in a great neighborhood.  This property is a 4 Bedroom 2 1/2 bath with a double car garage.  It will rents easy and have a quality tenant to boot.  Lets go over the approx numbers:

Offer_______$35,000

Rehab______$25,000

Rent_______$   1000
Tax________$    213
P/M_______$     100
Insurance___$      60

Net Profit___$ 627 per month

Call Brett 216-703-5740 Howard Hanna
or Click here to email me

 



Click to view this Home


 

Duplex in Awesome area

 

Click here to view
 
I went out and looked at three Duplex's yesterday and I want to share the Approx numbers with you on these properties. The first property is one of the ones that this is the only one available on the market in that city.  I have also taken picture of these units.  They are all close to great amenities and locations that people really want to live in. Tenants tend to stay multiple years in these type of properties.

This property is a duplex and is 4212 SQ Feet 1 unit is a 3 bedroom 2 Bath and the second unit is a 2 bedroom 1 bath. Large Garage area in the back and tons of parking. I actually went to the Polo Store to pick up some Black Cologne after I looked at this property.  Call me at 216-703-5740

Lets Go over the first property

Offer_______$189,900
Rehab______$  10,000

Rent_______$     2300
tax_______$        254
P/M______-$        230
Insurance
___________$       100

Net profit
___________$     1716
per month

 

Listing your property just got Great

 

 

 


I am always looking for better ways to serve my clients and get their properties rented or sold as fast as possible.  We have really done well with the flip market this year. I have decided to move my real estate license to Howard Hanna.  Although Coldwell Banker is a great company and I really enjoyed my time there.

 If you are wanting to sell your property I can do that for you.  Howard Hanna listings have a strong presence in this market and that gets properties sold. They have a great network of top notch Realtor's that get properties sold.

Howard Hanna creates a better network system and the strongest marketing for listings in Northern Ohio.  In fact the office I am in does $200 million a year in residential sales.  I look forward to getting all there tools working for my clients. They have so many and I will be meeting with there marketing guru next week to get all the tools available working for us.

I look forward to getting your properties sold faster with the new tools I have.  Call me today 216-703-5740 

http://brettayoung.com

Ohio home sales rose in September

 

 

This report comes from http://www.cleveland.com/ by Michelle Jarboe, The Plain Dealer

That talks about the increase in sales from September 2014 to September 2015 by 16.6% that is a solid number.  The sales prices are also seeing an great uptick.

"Through the three-quarter mark of 2015, the Ohio housing market has been able to display continued strength in the overall level of sales activity, along with healthy growth in pricing," Greg Hrabcak, the group's president, said in a blog post on the organization's website."

The good news is a steady slow growth in sale price in the Ohio market makes homes still affordable and your equity positions are much more solid.

" In September, the average sale price for a new or existing home was $156,811, up 3.5 percent from a year before."

I personally like the home prices going up modestly, it keeps everything affordable and prices consistent.  The key is staying in the areas that sell in under 60 days and buying in the high quality areas.  You can also look at picking up some income properties or lease options in these areas.

Anytime prices are steadily going up Lease options can really make you some money.  The time on those options should be up to 2 years.  The option should also be tied to the lease payments being current during the option period. This gives you leverage to be able to collect your rent on time.

The year 2015 is looking good for Ohio real estate " Based on nine months worth of data, the Ohio Realtors predict a nearly 9.5 percent increase in statewide home sales this year."

I think the trend for the next 2-5 years will be a 9%-15% growth in the real estate market in Northern Ohio.  I base that on the the Cleveland downtown maturing and getting finished (prices are growing very fast in that area).  It is a great area and will get better in the future. Get your portfolio going with the pros call Brett Young 216-703-5740 http://brettayoung.com/
 

Who's running your Cash flow turn key system?

 

Having any income property in your portfolio can make you a great income . Having a turn key system for that property is crucial to your success.  A turn key system is really the people that you have around you, that have your best interest in mind.

Before you look at a turn key system from anyone you must first look at the cost of the property and how the company you are using is making their money.  Let's go over two types of companies that offer Turn Key Systems.

First the smaller companies that have a track record and know the areas they buy in inside and out.  usually the homes are purchased from banks and REO's. These companies have licensed Realtor's that usually purchase the property and job out the rest of the work. They usually also have their own people or know a lot of people that are in the business that their clients benefit from. Contractors, Property Management, Etc Etc

The second kind is the larger company that spends a lot of time doing seminars and has a staff that usually has no resume in investment real estate themselves. They are there to collect the money and get you to their seminars.  The larger firms in turn go and find smaller real estate investment firms that will pay them for the clients they give them to buy investment homes. I know that some larger firms that charge $4,000 a home. So the larger firms can sell a ton of properties and make a great return for themselves. The problem is their turn key system is that it stops after your purchase with them.  Yes they answer the phone and have people that call the smaller firms they deal with, but they have little or no influence in long term care of your property. They also have no boots on the ground.

I have always thought that there is a happy medium that can make investors far more money.  A turn key system has to have someone who has done many properties in the areas they are buying in.  They must have purchased investment properties and had success in the area.  Having a track record and clipping that $4,000 charge from a large firm is what you want to look when your looking for investment real estate.

I personally have a full construction crew and 3 property managers I work with. We also help keep your real estate rented with our marketing service. Sometimes my clients need assistance from me after I am finished with the property. We are currently doing 3 properties for clients that needed are assistance.

Let me give you an example.  I just finished a property a client has had rented for the last 4 years.  He got a quote from the management company (he was happy with their management of the property) that was high.  They also quoted a lower rental price.  I am getting a $100 more a month for this client and saving them money on their rehab.  That is called a turn key system that works for the life of an income property.

Here is an email I just received from one of my first clients that want to see about the value of their property. Notice though they love the stable income of their property.

"       I am checking in with you to see what your thoughts are about us selling the rental house we own .  It is rental and the income is stable.  The lease ends March 2016.

Looking forward to your opinion."

This property makes $650+ a month and they have owned it for almost 6 years.  They are great clients and are checking on the value of their property which I will be happy to do.  I also helped get the perfect fit for a property management that they really have profited from.

Looking for a turn key system? Look at the resume and how that company makes their money and are they going to be there in the future for your investment.  I have been doing this for 30+ years and understand how to make money in real estate.  Call Brett 216-703-5740 http://brettayoung.com/ and get a personalized plan to grow your portfolio. 

Existing home Sales Up

 

 

The sales in September 2015 for residential home sales was up 4.7% from last September 2014. The story comes from http://www.realtor.org/.  The other news in this story that will effect home buyers is that the Inventory is low.

That story comes from http://www.msn.com/ 

It talks about the inventory being 2.6% lower.  The inventory is low and that means that homes will sale faster especially remodeled homes.  

"Meanwhile the number of existing properties on the market decreased 2.6 percent to 2.21 million, the fewest since April. At the current pace, it would take 4.8 months to sell those houses compared with 5.1 months at the end of August."

This story is also predicting that October will have a 10 year high on new home starts.


"Those fundamentals are making homebuilders more confident about the outlook, with the National Association of Home Builders/Wells Fargo sentiment gauge climbing in October to a 10-year high.
 
That optimism is helping drive construction, with housing starts rising 6.5 percent to a 1.21 million annualized rate last month, the second-highest level in eight years, figures from the Commerce Department showed last week."
 
That is great news for the real estate world and the market is getting more and more to being a sellers market.  I can say that the market in the Cleveland area is very hot.  The nice homes (remodeled) sell very fast.  
 
Ideal time to get into Flip Real Estate Call Brett 216-703-5740 Coldwell Banker   
 
 
 

 

 

Helping Investors make there property more Income

 

 

 

Making sure that your property is performing at its top peak is what we do. I have successfully got the top rents for my clients for the last six years.

We are currently seeing a little demand for both renting properties, rehabbing and getting them back into shape for reasonable price. We have set up a new system to help ensure that that happens for clients. On one of these types of properties we got $100 more per month than was quoted by the property management. That is because of both the property and marketing system that we have set up for our clients investment Homes.
 
Another good example, I just finished two houses for a gentleman out of Toronto Canada that needed some assistance getting his houses back to cash flooring and understanding the tenants and making sure that they were paying on time.

I restructured the new property management for them and got them back on track with both the tenants paying on time and keeping their properties income high. I personally met the tenants and and property management to make sure there was a smooth transaction.
 
So if you're having problems with your property and want an affordable option to get your property back on track Call Brett 216-703-5740 http://rentexpresspro.com/

 
 
 
 

Getting high prices on your repairs

 

If you need our services to help you keep your repair cost down, we have the people who can do that.  I was at a property last evening that we were finishing up to make sure all inspections would pass.  We had to finish some stairs in the front of the home. Here are some pictures



These stairs match all the codes the city requires and we got them done in one day.  We also had to replace the roof on this home.  You have to give the color of the shingles to the city for approval. We will be getting our final inspections for this home early next week. The stone on the steps are made out of are all you can use in this city. 

 We can handle all the major or minor work you need and pull all the permits that each individual city requires. We also can work with your property management to get your property rented for the top rents in your area.  Call Brett 216-703-5740 RentDirectPro.com

 

 


Friday, October 30, 2015

Listing your property just got Great



I am always looking for better ways to serve my clients and get their properties rented or sold as fast as possible.  We have really done well with the flip market this year. I have decided to move my real estate license to Howard Hanna.  Although Coldwell Banker is a great company and I really enjoyed my time there.

 If you are wanting to sell your property I can do that for you.  Howard Hanna listings have a strong presence in this market and that gets properties sold. They have a great network of top notch Realtor's that get properties sold.

Howard Hanna creates a better network system and the strongest marketing for listings in Northern Ohio.  In fact the office I am in does $200 million a year in residential sales.  I look forward to getting all there tools working for my clients. They have so many and I will be meeting with there marketing guru next week to get all the tools available working for us.

I look forward to getting your properties sold faster with the new tools I have.  Call me today 216-703-5740 http://brettayoung.com/

ld. 

 I want my 100% Free Listing Report




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Thursday, October 29, 2015

Ohio home sales rose in September



This report comes from http://www.cleveland.com/ by Michelle Jarboe, The Plain Dealer

That talks about the increase in sales from September 2014 to September 2015 by 16.6% that is a solid number.  The sales prices are also seeing an great uptick.

"Through the three-quarter mark of 2015, the Ohio housing market has been able to display continued strength in the overall level of sales activity, along with healthy growth in pricing," Greg Hrabcak, the group's president, said in a blog post on the organization's website."

The good news is a steady slow growth in sale price in the Ohio market makes homes still affordable and your equity positions are much more solid.

" In September, the average sale price for a new or existing home was $156,811, up 3.5 percent from a year before."

I personally like the home prices going up modestly, it keeps everything affordable and prices consistent.  The key is staying in the areas that sell in under 60 days and buying in the high quality areas.  You can also look at picking up some income properties or lease options in these areas.

Anytime prices are steadily going up Lease options can really make you some money.  The time on those options should be up to 2 years.  The option should also be tied to the lease payments being current during the option period. This gives you leverage to be able to collect your rent on time.

The year 2015 is looking good for Ohio real estate " Based on nine months worth of data, the Ohio Realtors predict a nearly 9.5 percent increase in statewide home sales this year."

I think the trend for the next 2-5 years will be a 9%-15% growth in the real estate market in Northern Ohio.  I base that on the the Cleveland downtown maturing and getting finished (prices are growing very fast in that area).  It is a great area and will get better in the future. Get your portfolio going with the pros call Brett Young 216-703-5740 http://brettayoung.com/


I want to buy Income Real Estate



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Wednesday, October 28, 2015

Helping Investors make there property more Income



Making sure that your property is performing at its top peak is what we do. I have successfully got the top rents for my clients for the last six years.

We are currently seeing a little demand for both renting properties, rehabbing and getting them back into shape for reasonable price. We have set up a new system to help ensure that that happens for clients. On one of these types of properties we got $100 more per month than was quoted by the property management. That is because of both the property and marketing system that we have set up for our clients investment Homes.

Another good example, I just finished two houses for a gentleman out of Toronto Canada that needed some assistance getting his houses back to cash flooring and understanding the tenants and making sure that they were paying on time.

I restructured the new property management for them and got them back on track with both the tenants paying on time and keeping their properties income high. I personally met the tenants and and property management to make sure there was a smooth transaction.

So if you're having problems with your property and want an affordable option to get your property back on track Call Brett 216-703-5740 http://rentexpresspro.com/

 

I would like you to Call me on my property

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Tuesday, October 27, 2015

Existing home Sales Up



The sales in September 2015 for residential home sales was up 4.7% from last September 2014. The story comes from http://www.realtor.org/.  The other news in this story that will effect home buyers is that the Inventory is low.

That story comes from http://www.msn.com/ 

It talks about the inventory being 2.6% lower.  The inventory is low and that means that homes will sale faster especially remodeled homes.  

"Meanwhile the number of existing properties on the market decreased 2.6 percent to 2.21 million, the fewest since April. At the current pace, it would take 4.8 months to sell those houses compared with 5.1 months at the end of August."

This story is also predicting that October will have a 10 year high on new home starts.


"Those fundamentals are making homebuilders more confident about the outlook, with the National Association of Home Builders/Wells Fargo sentiment gauge climbing in October to a 10-year high.

That optimism is helping drive construction, with housing starts rising 6.5 percent to a 1.21 million annualized rate last month, the second-highest level in eight years, figures from the Commerce Department showed last week."

That is great news for the real estate world and the market is getting more and more to being a sellers market.  I can say that the market in the Cleveland area is very hot.  The nice homes (remodeled) sell very fast.  

Ideal time to get into Flip Real Estate Call Brett 216-703-5740 Coldwell Banker   



How Do I get started in your flip program?


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Sunday, October 25, 2015

Who's running your Cash flow turn key system?



Having any income property in your portfolio can make you a great income . Having a turn key system for that property is crucial to your success.  A turn key system is really the people that you have around you, that have your best interest in mind.

Before you look at a turn key system from anyone you must first look at the cost of the property and how the company you are using is making their money.  Let's go over two types of companies that offer Turn Key Systems.

First the smaller companies that have a track record and know the areas they buy in inside and out.  usually the homes are purchased from banks and REO's. These companies have licensed Realtor's that usually purchase the property and job out the rest of the work. They usually also have their own people or know a lot of people that are in the business that their clients benefit from. Contractors, Property Management, Etc Etc

The second kind is the larger company that spends a lot of time doing seminars and has a staff that usually has no resume in investment real estate themselves. They are there to collect the money and get you to their seminars.  The larger firms in turn go and find smaller real estate investment firms that will pay them for the clients they give them to buy investment homes. I know that some larger firms that charge $4,000 a home. So the larger firms can sell a ton of properties and make a great return for themselves. The problem is their turn key system is that it stops after your purchase with them.  Yes they answer the phone and have people that call the smaller firms they deal with, but they have little or no influence in long term care of your property. They also have no boots on the ground.

I have always thought that there is a happy medium that can make investors far more money.  A turn key system has to have someone who has done many properties in the areas they are buying in.  They must have purchased investment properties and had success in the area.  Having a track record and clipping that $4,000 charge from a large firm is what you want to look when your looking for investment real estate.

I personally have a full construction crew and 3 property managers I work with. We also help keep your real estate rented with our marketing service. Sometimes my clients need assistance from me after I am finished with the property. We are currently doing 3 properties for clients that needed are assistance.

Let me give you an example.  I just finished a property a client has had rented for the last 4 years.  He got a quote from the management company (he was happy with their management of the property) that was high.  They also quoted a lower rental price.  I am getting a $100 more a month for this client and saving them money on their rehab.  That is called a turn key system that works for the life of an income property.

Here is an email I just received from one of my first clients that want to see about the value of their property. Notice though they love the stable income of their property.

"       I am checking in with you to see what your thoughts are about us selling the rental house we own .  It is rental and the income is stable.  The lease ends March 2016.

Looking forward to your opinion."

This property makes $650+ a month and they have owned it for almost 6 years.  They are great clients and are checking on the value of their property which I will be happy to do.  I also helped get the perfect fit for a property management that they really have profited from.

Looking for a turn key system? Look at the resume and how that company makes their money and are they going to be there in the future for your investment.  I have been doing this for 30+ years and understand how to make money in real estate.  Call Brett 216-703-5740 http://brettayoung.com/ and get a personalized plan to grow your portfolio. 



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7505 MYSTIC RIDGE RD, CHAGRIN FALLS, OH — 4 Bedroom 5 Bathroom

This 4 bedroom, 5 bathroom Single Family for sale is located at 7505 MYSTIC RIDGE RD, CHAGRIN FALLS, OH 44023. View 31 photos, price histo...