Getting Better Real Estate Services

Monday, November 30, 2015

Selling your Home? Don't wait til next year!



If your looking to sell your property then this is an excellent time to do it.  Even being December there are a lot of buyers and they are serious.

Remember buyers are looking during the Christmas season because they have the time. I have some my best months in December for home sales.  There are a lot of people shopping and running around and while they are doing that they will look at properties.

I sold 2 properties last December to a Dentist and 2 Doctors that wanted homes in Beachwood.  Both of those properties were sold right before Christmas and closed earlier this year.  You also have the advantage of less competition and your properties will be easier to market.

A lot of properties will sell during this busy season in December.  Having the right Realtor and marketing plan will help ensure that your property will sell faster and for more money.

Getting ahead of the others that are listing their properties is also an advantage to you.  The less the listings in your area the better chance yours will be the home they buy!

Selling your home?  Do it in December call Brett 216-703-5740 Howard Hanna


 I want my 100% Free Listing Report




We respect your email privacy
-->

Existing-Home Sales Keep Up a Brisk Pace in October



Yet another story about the tightening inventory and the inability for buyers to find their dream home.  Both are getting harder to find. This story from http://www.realtor.com/ byBobby Calvan talks about just that.

“The No. 1 issue reported by would-be buyers on realtor.com in October was the inability to find a house that meets the buyer’s needs,” Smoke said."

We have seen that in our area with buyers not being able to find their dream homes. Expecially in the higher and medium priced homes. There is a great market for people who want to sell their homes and investors that want to flip homes. 

The sales are growing but the inventory is not and that is causing the higher prices according to this story. 

"The tight supply, he said, will continue to put upward pressure on home prices. Indeed, the median price for an existing home rose to $219,600 in October—a 5.8% increase from a year ago. That’s the 44th straight month of year-over-year gains, NAR reported."

The future looks great also with all the pent up demand from people who want to buy a home. Looking at selling a home this is a great time to do it. 

“Tight supply is an impediment to future growth, and we are not seeing new construction grow enough to fill the void,” Smoke said. “As a result, we should expect to see tight supply remain a factor for the months and year ahead—moderating gains in sales but also providing firm support for home values.”

The home values are also stable and growing.  Rememeber there are some areas that cannot build new construction. They are basically land locked and no new builds can happen unless you demolish a property. 

Anyway you look at it the trend looks good and remaining stable in 2016. Call Brett 216-703-5740 Howard Hanna

I want to know more about your properties and services



We respect your email privacy
Powered by AWeber Email Marketing Services
-->

Sunday, November 29, 2015

ARE YOU LIKE MOST HOME SELLERS?



Another story that I thought was really interesting and what they are saying.  The reason it is very interesting is that they are saying the same thing all the other news stories are saying.  Low inventory is creating more equity in owners real estate!

"One of the factors for rising home equity is low supplies. With homebuilders failing to add significantly to supplies, many sellers are waiting for bigger gains."

The lower inventory is adding pressure to home prices and there equity positions. The prices are going up and in some areas double digits.  Just think about this market there are a lot people wanting to buy a new home, but they are waiting to see if prices still go up.  These type of buyers will end up paying top dollar for their property. That is why now ia the best time buy a home.

"The top reason sellers gave for selling their homes was that the homes were too small. Nearly 90 percent of sellers hired a real estate professional. Only eight percent of homes sold in 2015 were for-sale-by-owner. That is the lowest share ever recorded since the annual survey debuted in 1981."

The other thing you need to have is a real estate professional that see's all the new properties on the market daily.  Sometimes properties sell in days and almost always by a Realtor.  We have the resources that keep us updated daily of al the new properties that our clients my be interested in. Having that knowledge as a buyer helps you move quickly on properties you may want to purchase.

"When their homes were purchased made a notable difference in equity gains. Seller who purchased their homes between one to seven years ago sold their homes for $30,000 to $35000 more than they paid. But equity gains fell to $3,000 for owners who bought between eight and 10 years ago. Homes sold after 21 years showed price gains of $138,000."

Lastly the story is also consistant with other similar stories that the equity position is growing for home owners. The longer the ownership the more equity.  It shows that buying and selling real estate is a great way to create wealth.  Even if your a home owner you can get your real estate today and build great equity over time. The market is trending to selling and to me as a real estate professional that is exciting.  

Call Brett today to help you navigate your real estate or real estate portfolio.  Understanding this real estate and how you can profit from it is all I do.  Call 216-704-5740 Howard Hanna


 I want my 100% Free Listing Report



We respect your email privacy
-->

Wednesday, November 25, 2015

6 Turkey Farms You Can Buy to Spread Thanksgiving Cheer



I thought for Thanksgiving I would find a story that had something to do with Real Estate and Thanksgiving.  So I found this story from http://www.realtor.com/ by Angela Colley

This story is showing the best Turkey Farms for sale.

"Thanksgiving is the holiday when you give thanks for all that you have in your life—like that luscious, gravy-laden turkey on your plate that will soon plunge you into a tryptophan-induced stupor. But have you ever wondered what it would be like on the other side of the table, running a bona fide turkey farm? Well, here’s your chance: We scanned Realtor.com’s listings and found six prime turkey farms for sale. Not only could they turn into great investments—fancy you, turkey king/queen of your town—but just think of all the fun you could have spreading holiday cheer in a whole new way!"

It shows the farms for sale that are in the turkey business.  I mean if you really like the Holiday these properties might be the ones for you.  They are not cheap though and there in areas that seem a bit remote.

Here is one that is an $600,000 one in Elkins Arkansas http://www.realtor.com/ 

Hope everyone enjoyed this story and has a great Thanksgiving!  If you don't need a Turkey Farm and want to live in the Cleveland Metro area call me first 216-703-5740 Howard Hanna if you would like to email Click Here

Happy Thanksgiving


Cleveland Investment Real Estate Magazine Black Friday Edition

Cleveland Income Real Estate

Making Money with Real Estate

 

New Duplex for sale

 


Great Duplex that is located in a great area.  It is currently getting $1575 a month.  The two units are both 3 bedroom units. The net is $8900 a year after expenses according to the present owners.  This duplex was recently remodeled in the downstairs unit and has tenants already in both units.

This city is great to rent in and has a light Point of Sale. The area is also a great place for anyone to live in. 

Excellent location close to Lake Erie and there are a ton of amenities.  Lets look at the approx detailed numbers.

Offer__________$95,000

Rent__________$1575
Tax__________$  205
P/M__________$ 158
Insurance______$ 100

Gross Net Proceeds  

$1112

Call Brett 216-703-5740 Howard Hanna

 

New Cash Flow Deal

 

 

This property is in another great location that will rent quickly.  The property has 3 bedrooms upstairs and 2 in the basement. It also has 2 full bathrooms and a double car garage. Central Air and a large living area in off the kitchen.  Lets look at the approx numbers on this property.

Offer___________$34,000
Rehab__________$28,000

Total___________$62,000

Rent___________$  975
Tax____________$ 196
P/M___________$    98
Insurance_______$   60

Net Proceeds      $ 621

Call Brett 216-703-5740 Howard Hanna I will get you a great deal and we have 4 property mangers to choose from. Get going with the pros!
.

What is the days on market for your home

 

 

When you are ready to sell your property you need to know first what the price is and what it takes to get to that price.  Let me explain.

When you Comp or look at the sold properties in an area you need to look at the upgrades and all the little details that might effect the price of your home. For example look at the kitchens and bathrooms first. Look to see if they have been remodeled or just updated. Do they have gas cooking or electric? Bathrooms are important also.  Do you have a master suite in the home?  That is a bedroom that has a private bathroom. The amount of bathrooms also 2-3.  It makes a difference on the price in most cases.

Sometimes you can really add value to your property if you so proper updates that reflect the sold property updates in your area.

Other items to check: Square Footage, Number of bathrooms, Central Air, Windows (age of them),Flooring, lot Size and the Garage.

In Ohio they have a lot of basements and finished ones usually help the value.  If you have a door from the basement to the outside that square footage can usually be added to your living area at the property.  Thus helping it sell for more money.

I also like to do my inspections before we get a buyer.  That way you can tackle the issues before they become issues for your buyer.  They do not have to accept the inspection, but most do if you use a licensed inspector.  You will also be able to get a warranty that does not have any pre-existing conditions.

All this and more effects the time your property will be on the market. Having the best chance to sell faster requires an Rel Estate Agent that understands the market and marketing.  Call Brett 216-703-5740 Howard Hanna.  

Sign in below and see what the best price you may get for your property.
 

 

Getting the personal touch in real estate

 

 

 


When your looking a purchasing real estate your going to spend a your hard earned money make sure your with a personal Realtor.  Looking for a property and getting the right one takes time.  When you buy that property you need to make sure that you have a company that will be with you for the life of your property. Realtor's have small companies and can detail a plan that meets your investment needs.  You want to also make sure they have been in the business more than 10 years( I've been in the business for 30 years).  Lets go over some other questions that people have about our business.

1. Do you also have to go to investment seminars that take all weekend and say they will find you the best real estate available?
     No you do not local Realtor's that are in the business are easy to find on the internet.  You need to have what you are willing to spend and compare the returns on your rent or flip and the trend of the area.  The trend shows you the area is going up in price not down. A seasoned Realtor should be able to send you a CMA of the area to show you the price structure of that area.

2. Does joining large groups get you a better deal on buying your property?  No spending your weekend asking questions is just not the way to buy real estate.  Dealing with one of the local Realtor that have knowledge and success in the area are easy to find.  Think about it all you have to do is browse the internet and find that Real Estate Company you may like and interview them.  The large companies also tend to send you to areas that they get paid for (they call it recommended areas).

3.  What type of market are we in? We are in multiple types of markets. In some cities you have a sellers market and others you do not.  You always want to look at the days on market in the sellers areas.  I like to see 60 days or less.  Those may also be the best areas to buy Cash Flow or Move in yourself if you can to have a great equity position in your home.

4. Buying Owner Occupied foreclosed homes is better for me why? Foreclosed homes always have to be offered to a home owner or someone who wants to make the home their own.  This allows home owners to get the best deal and have equity after the rehab is complete. I personally am getting $30,000-$60,000 equity for my clients for this type of real estate.

Getting you the personal touch in real estate can only be done with Realtor's who are in the business. They must know all the ins and outs and understand their clients needs and get them the best deals.  That is what I do and I am very excited about this market.  I am a Realtor and I will serve your needs well. Please call me and interview me.  Brett Young 216-703-5740

Howard Hanna
Please Click here to email me 

 

 

Changing Markets,Making Decisions on Real Estate is Important today

 

 

 
 
When your looking to buy any type of real estate today you need be ready to write and make an offer.  Let's look at the investment side of real estate. With the inventory shrinking and more investors than homes you need to have your pen ready sign a contract if you want to be in this market.

The professional Realtor's have there eyes on the market daily for their investors because of the uptick on investors.  I was looking at one property in a city that had great numbers on Friday and before I knew it, it was sold! There are multiple offers and bidding wars to be won.  The market is differently heating up and if you want to be in it you have to be ready.

To be ready you should have your proof of funds or financing ready to go.  That will allow the Realtor to write the offer on the spot to help get the property tied up asap. This really gives you the advantage on the best deals and give the Realtor more of an advantage.

If you want to buy a home to live in then you need to be ready to go on that also.  Have all your financing ready and when you see a home you like look at it ASAP! I had 2 homes to show two different buyers today that went pending today! They were great deals and they sold quickly.One was under valued and the other was remodeled and priced right.

This is now a sellers market and with the low inventory that means that the nice homes in that mix will sell very quickly.  They are moving in days not weeks in the Cleveland market.  Days of being able to think about buying is shorter than in the past.

Getting a great property requires you and your Realtor being ready to get the property you need.  Having all the financing ready and knowing what you want.  When you see it grab it. 

So I am very excited about this new market.  You have to ready to buy when you are wanting real estate, but you turn properties much faster.  Having all that and the right numbers to profit or a house you want to live in is going to be a much faster pace! Get ready with the right Realtor for this type of market.  Call Brett 216-703-5740 Howard Hanna
 

 

 

Silcon Valley is coming to Cleveland?

 

 

 
 
With the affordable living and the upgrades the downtown is doing at a rapid pace, some Silicon Valley companies are expanding to Cleveland. Here is a story from http://www.cleveland.com/ by Marcia Pledger that talks about one of those companies.

""We thought a lot about how we're going to grow and scale our business. Silicon Valley is not a great place to build a sales force. We looked at a number of locations and Cleveland stood out as the clear choice for BrightEdge"

BrightEdge is not a small company.  Look at what this story says about their sales.

" BrightEdge clients include both small, mid-size companies and major corporations. Clients range from an online retailer with $25 million in sales to a tech company with about $150 million in sales, to household name brands such as Microsoft and Home Depot."

This is a company that is tired of the high priced markets and is looking for an area that will both benefit them and their employees.  This is what type of industry that the Cleveland metro area is attracting with all the modern facilities and fantastic living.

""We thought a lot about how we're going to grow and scale our business. Silicon Valley is not a great place to build a sales force. We looked at a number of locations and Cleveland stood out as the clear choice for BrightEdge."

Having the employment in all types of industries makes Cleveland a mega arena for new types of employment and a great place for these companies employees to live.  
 

 

Joint venture could add new neighborhood downtown Cleveland

 

 

 

This Story comes from http://www.crainscleveland.com/ by

More luxury suites and shopping are getting looked at for the downtown Cleveland area. The downtown already has a waiting list of 1800 potential tenants wanting to live in suites downtown.

" Walsh said the plan takes a big step toward transforming the city and can be supported by the strong downtown apartment market, where some 1,800 people are on waiting lists for suites to live downtown. Long term, the plan could add the type of luxury apartments that will attract pension funds and institutional investors to the Cleveland region, he said."

That means that the prices and rents will continue to be strong in the Cleveland Ohio market. When you have people waiting for their properties to be built in the downtown area that really opens up the surrounding cities.  I know that the cities we purchase income properties in will benefit from this type of addition in the downtown.  We are already seeing that with the very low vacancy rates. We have a very strong rental market and it will continue to be that way. Usually we get a property is rented within two weeks.

Cleveland and the surrounding cities have a very limited amount of real estate.  This is because most of the cities in this area are land locked.  You can't build something until you tear something else down.  This really helps existing properties to rise in price. Having that type of format can be very profitable to real estate investors.

We have 4 property management companies for you to choose from.  If you have your own that's great, we just like to have them available if you need them. Let's look at what they want to build:

" First up in the Weston-Citymark plan is a 23-story apartment building on the northwest corner of West Sixth and West St. Clair. The glass-walled tower would be surrounded by an eight-story brick building that would provide a transition to neighboring low-rise commercial buildings in the city’s Warehouse District. It would incorporate 352 suites, 22,000 square feet of retail space and parking for 390 cars."

The first part of this plan are planning to break ground in early 2016.  Get in with the solid growth areas that we have in the Cleveland Metro area.  Getting you properties that will get your portfolio both income and equity.  Call Brett 216-703-5740 Howard Hanna

 

 

 

6 Turkey Farms You Can Buy to Spread Thanksgiving Cheer

 

I thought for Thanksgiving I would find a story that had something to do with Real Estate and Thanksgiving.  So I found this story from http://www.realtor.com/ by Angela Colley

This story is showing the best Turkey Farms for sale.

"Thanksgiving is the holiday when you give thanks for all that you have in your life—like that luscious, gravy-laden turkey on your plate that will soon plunge you into a tryptophan-induced stupor. But have you ever wondered what it would be like on the other side of the table, running a bona fide turkey farm? Well, here’s your chance: We scanned Realtor.com’s listings and found six prime turkey farms for sale. Not only could they turn into great investments—fancy you, turkey king/queen of your town—but just think of all the fun you could have spreading holiday cheer in a whole new way!"

It shows the farms for sale that are in the turkey business.  I mean if you really like the Holiday these properties might be the ones for you.  They are not cheap though and there in areas that seem a bit remote.

Here is one that is an $600,000 one in Elkins Arkansas http://www.realtor.com/ 

Hope everyone enjoyed this story and has a great Thanksgiving!  If you don't need a Turkey Farm and want to live in the Cleveland Metro area call me first 216-703-5740 Howard Hanna if you would like to email Click Here

We are the #1 Real Estate Blog

 

 

Happy Thanksgiving! Thank you for making us the #1 Blog for Real Estate on NetworkBlogs.com I will continue to bring you up to date information on Investment Real Estate and Real Estate in general.

Please email me and let me know if you need any information on real estate.  I am servicing northern Ohio and will also have Arizona up and going next year.  I am very excited about the coming market and will look out for all the news and trends that will effect this market.

I have changed my business format to a leaner meaner profit center and have been forming relationships with professionals that are in this local market. It is very interesting and fun to hear from all the different types of professionals and how they view this market.

I have also got my Real Estate License in Ohio and I have hung my License with the largest sells volume office in this area.  Howard Hanna has great resources and Agents that network and get properties sold.  In October that office produced over $20 million dollars in closings alone.   If you are an licensed agent in another state and have buyers for the Cleveland then call me I will pay a 25% referral fee to you for your lead.

Interviewing new property managers so that clients will have more chooses. Meeting them and helping them rent their properties is also a business I enjoy.  If you need a property rented I work with all the different property managers and their credit system.  We get all the paperwork filled out and let the property manager do the rest.

Having all this knowledge of this market will only help you in getting a profitable real estate portfolio. Having an agent that has been in the business since 1985 is priceless.  I appreciate your readership and look forward to serving you in the future.  Brett Young Howard Hanna 
 

 

 


We are the #1 Real Estate Blog



Happy Thanksgiving! Thank you for making us the #1 Blog for Real Estate on NetworkBlogs.com I will continue to bring you up to date information on Investment Real Estate and Real Estate in general.

Please email me and let me know if you need any information on real estate.  I am servicing northern Ohio and will also have Arizona up and going next year.  I am very excited about the coming market and will look out for all the news and trends that will effect this market.

I have changed my business format to a leaner meaner profit center and have been forming relationships with professionals that are in this local market. It is very interesting and fun to hear from all the different types of professionals and how they view this market.

I have also got my Real Estate License in Ohio and I have hung my License with the largest sells volume office in this area.  Howard Hanna has great resources and Agents that network and get properties sold.  In October that office produced over $20 million dollars in closings alone.   If you are an licensed agent in another state and have buyers for the Cleveland then call me I will pay a 25% referral fee to you for your lead.

Interviewing new property managers so that clients will have more chooses. Meeting them and helping them rent their properties is also a business I enjoy.  If you need a property rented I work with all the different property managers and their credit system.  We get all the paperwork filled out and let the property manager do the rest.

Having all this knowledge of this market will only help you in getting a profitable real estate portfolio. Having an agent that has been in the business since 1985 is priceless.  I appreciate your readership and look forward to serving you in the future.  Brett Young Howard Hanna 

Silcon Valley is coming to Cleveland?

With the affordable living and the upgrades the downtown is doing at a rapid pace, some Silicon Valley companies are expanding to Cleveland. Here is a story from http://www.cleveland.com/ by Marcia Pledger that talks about one of those companies.

""We thought a lot about how we're going to grow and scale our business. Silicon Valley is not a great place to build a sales force. We looked at a number of locations and Cleveland stood out as the clear choice for BrightEdge"

BrightEdge is not a small company.  Look at what this story says about their sales.

" BrightEdge clients include both small, mid-size companies and major corporations. Clients range from an online retailer with $25 million in sales to a tech company with about $150 million in sales, to household name brands such as Microsoft and Home Depot."

This is a company that is tired of the high priced markets and is looking for an area that will both benefit them and their employees.  This is what type of industry that the Cleveland metro area is attracting with all the modern facilities and fantastic living.

""We thought a lot about how we're going to grow and scale our business. Silicon Valley is not a great place to build a sales force. We looked at a number of locations and Cleveland stood out as the clear choice for BrightEdge."

Having the employment in all types of industries makes Cleveland a mega arena for new types of employment and a great place for these companies employees to live.  

I want to know more about your properties and services


We respect your email privacy
Powered by AWeber Email Marketing Services
-->

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...