Finding a home today's takes a Professional that knows the areas

Friday, August 31, 2018

Under the Roof News Letter: Real Estate news eXPLAINED 08/31/18 Edition

Under the Roof News Letter: Real Estate news eXPLAINED

By Brett Young Multi Million Dollar Producer

Serving Clients Since 2000

Call    216-703-5740  or  602-363-6551

 

Getting our Clients more options through experence

 

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Brettyoung.exprealty.com

Weekly Newsletter 8 Years and Running

 

 

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Multifamily Properties Vs. Single-Family Rentals which is best? 

 
This article comes from https://www.forbes.com/ by Keven Amolsch that discuss's the great debate about Multi and Single Family properties as rentals. I will look at what the article says and share some of my own experiences.
 
"• No tenant-tenant conflicts: The problem I have run into with owning apartments is that eventually the tenants won’t get along. When this happens, it is common for the landlord to get a call from one of the tenants asking for them to get involved. That is a difficult call to take because there really is not much a landlord can do. When I get a call like that, I will commit to sending a letter to the resident about following the rules in the lease and respecting their neighbors, but outside of that, I cannot do much about small grievances."
 
Multifamily units need more management and tenants can have issues getting along. I help run 2 properties like that. A 5-6 plex that are in separate parts of the city. One is in a great area and the other not so great. I did help this client purchase in the better area and I am assisting in the not do great area. 
 
Both complex's are fully rented and you really have to be able to create community and be very careful on tenants you let rent the units. For example just putting the trash cans to the curb is an issue and you have to schedule which tenant will do that or pay to have it done. 
 
In multi units you have more maintenance and upkeep in the building. A lot of owners have tenants take care of some issues and pay them. No matter what you do it cost money. The better the area and higher the rents usually means better success. 

" • Less maintenance: Apartment tenants tend to be are much harsher on the property than those that live in houses. There is also little to no common area to maintain with single-family homes. If there is, such as in a townhome or condo complex, there should already be an association or manager in place to take care of it. Finally, with single-family homes, it is common to have several owner occupants in the complex, or neighborhood, who care about and take care of the property more than a building full of renters."
 
Apartment tenants are much harder on properties because they usually pay less rent. In homes the tenant has to maintain the home and yard. The better the neighborhood a home is in the better the tenants. I have noticed that higher rent tenants have better credit and have better jobs. In apartments you have 1 bedroom to 3 bedroom. Unless you are on water or golf course the tenants are a mixed bag. 
 
"• Single family homes are Easier to manage: This is not always the case — fighting tenants is a good example of when it is not — but overall, having everyone in one location makes managing multiple units easier. In some cases, the building can afford an onsite manager who helps keep it clean, can help show units and meet contractors."
 
Buying income properties that are in good locations helps make management easier in most cases. Homes that we have leased for clients in good areas have almost no issues. In the last 24 months those homes have been rented and have had no evictions or late payments. Those tenants have jobs and love their neighborhood.
 
I have helped and purchased over 1000+ properties and the key to success is understanding the asset your are buying.  I like areas that are nice and have a lot of amenities in or around them. We always shock our clients when we get the higher rents. 
 
A lot of leasing agents go for lower or average rents and that is easy to do. We help our clients get the highest rents through the rehabbing and services we provide. Marketing and getting a property ready is the key to owning and profiting with income property.
 
We have all the services you will need to get great income properties and top dollar for them. I'm Brett please call 216-703-5740 EXP Realty Ohio and 602-363-6551 EXP Realty Arizona.
 

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Tired of being a Landlord and need to Sell your home? 

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Call Brett 216-703-5740 or

Lori 440-695-3379

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Family of Services we offer our clients for Buying and selling Homes 

 

 

 

Getting Real Estate Estate Done is not rocket science with a Seasoned Agent. We get you home sold quickly with our No Stress Listing Package. We SOLD 100's of homes just like yours.

 

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Real Estate and Managing Portfolios is Key to your Success 

 

 

 

Always having Real Estate services was something I always did for my clients and that helped them both save money and find the hard to find real estate for their home or portfolio.

 

Since that time I have realized that the real estate services that are offered through me must be my own companies. So that is what I have done for me and my clients. Setting up my own services that answer to me and my clients.  Changes can me made quickly if needed for any services.

 

For example I have dealt with some property management companies that had their profits more in mind than mine. So I changed that and started two different property management companies in Ohio and Arizona that have very happy clients that get their income checks and have quality tenants.  Income property should be exciting and profitable for real estate investors. Having property management and quality real estate allows that to happen for my clients.

 

Another example is repairing or rehabbing real estate. In most cases I am the same price or less, but the big factor is the job is done right! Having licensed electricians, HVAC Techs, Plumbers, and general contractors that work for me gives my clients top priority for their projects. It also allows them freedom to get what they need done to their real estate without worrying.

 

Marketing your real estate to buy,sell, or rent is done by me and Lori.  We have real estate licenses in Ohio and Arizona and  understand both markets. That saves my clients both money and time looking for real estate. We also have discounted listing rates for our clients to save them money selling their property. We have cutting edge marketing that gets your home seen. 

 

All our construction projects have a catalog of pictures and videos that are taken weekly to update our clients on their projects. We keep these records and our clients can use them when they need them. Also it helps when you sale the property, appraisers like to see the upgrades and we always get our appraisals.

 

Lastly you get people who care about your success and work hard to make it happen. We do not mark properties up, or make huge profits on each property.  We just get the best deals available and have all the services you need at your fingertips.

 

Need a home or investment real estate?  Call Brett 216-703-5740 EXP Realty and 602-363-6551 EXP Realty 

 

 

 

Welcome home! to this lovely 4 bedroom 2 1/2 bath meticulously maintained home 

 

 
5171 Hickory Dr Lyndhurst Ohio-Lovely cared for home in Lyndhurst Ohio. This home used about 2 to 3 months a year as a second home for this family. This 2326 sq ft four-bedroom 2 1/2 bathroom floor plan is gorgeous The home sets on a huge lot and has a large deck in the back for you to enjoy your lush yard in the summer,spring and fall days. The home also has a very large finished basement area that has plenty of room for entertainment. Call 216-703-5740 for your private showing 
 

Click here to view this home 

  
 
 
You want a complete list of available homes in Cleveland Metro? That are not alread
 

 
 

Need owner financed homes? Do they work for the buyer and seller? 

 
 
 We have them call 216-703-5740 EXP Realty    
 

 

Foreclosed Homes in Cleveland and Surrounding Areas...I think you'll be shocked

 

Well the economy is doing better, but there are still great deals to be had. Look at the Website I created with all the Foreclosed Homes and listed homes

Click here to start your journey 

 

You have a problem home let us help.......

 

 
Sometimes when you purchase a property for income there are issues. I get calls from Investors that need help selling or getting their portfolio's of real estate cash flowing and or sold.

Just recently I had a client that needed two homes sold and was having issues with the tenants and wanting to sell those homes. We got involved and sold both homes in matter of a couple of months, We dealt with the tenants and sold the properties to another investor that wanted some homes in the area. This client was an international client.
 
Another international client does purchase a lot of homes from us and we keep them leases and managed. We work hand in hand with the management company until the home is rented. The tenants are carefully screened and we get the top rents with our rehab company that gets the homes looking great. 

We also have the marketing company to get these homes rented as soon as possible. Our averages are over the market averages because we really work on getting the top rents. One client could not believe the amount we got for their home. It is because of the quality of work and the cutting edge of marketing. We spend $1000's of dollars a year on marketing software 

We have literally done 100's of properties and the ones we have helped manage have been a success. In the last 22 months we have collected rents on 100% of our homes we purchase for our clients. 

It's not rocket science when you do this everyday......need to buy or sell a home? I'm Brett 
216-703-5740 EXP Realty Ohio and 602-363-6551 EXP Realty Arizona. Let us help your real estate get done right. 
 

Sunday Brunch:Consider the day Sunday in Cleveland in the summer

 

  

 
Sundays in Cleveland is a day that most people look forward to here. I personally go the the early church service and maybe a brunch at Flour or a round of Golf. The cities are always having a festival or two. There are literally 100's of festivals that headline cites across Cleveland and surrounding cities.
 
If the weather is good and it is most of the time you can really enjoy Sundays in Cleveland. We also have a Baseball and Football. Football on Friday nights is pretty intense in the high schools. Every parent wants their kids team to be the best. I sometimes go to the local games to see the crowd and watch the games. The food is usually great and so it the community. 
 
There are many places to shop in Cleveland that are 30 mins away from the downtown. For example Beachwood, Aurora, Strongsville, Westlake, North Olmsted, and Fairlawn have excellent shopping areas and all the stores. My favorite is Croker Park it has all the shopping and you can ever want and you can even live there.  The mall is really a city built inside a city (Westlake), it even has a fire department. It is not cheap to live there, but if you can you would have no issues finding a restaurant, shopping, or Coffee house. 
 
Let's not forget the Metro parks and all they have to offer.  Metro parks surround Cleveland Metro and it's surrounding cities and are a great place to hike or fish. The woods are full of critters waiting for you to take a picture of. I do that all the time and have even seen a musk rat swimming in a pond. There is a lot of different types of species that the metro parks house. You can even camp in most of the Metro Parks. 
 
Lastly you can cap the night off with a nice night at Playhouse Square and or one of the many movie theaters across Cleveland Metro. I personally do Playhouse Square during Christmas and enjoy the holiday shows that are at Playhouse Square. If you are dining in that area make reservations before you go.
 
Sundays in Cleveland can really be fun and so can where you live. Need a place that has fun around it I'm Brett call 216-703-5740 EXP Realty  

Chagrin Falls Homes listed today.......Get your Chagrin Falls home here

 

1st Floor Master Bedroom Homes Available

 

 

 

 
Support independent publishing: Buy this book on Lulu.
Brett’s media company generates a six figure income every year for the last 17 years, with no cold calling. His media company gets over 600,000 hits a year, creating a steady stream of clients. That is what this book is all about getting Realtors the information they need to set up their own media/marketing and branding company.
Support independent publishing: Buy this book on Lulu.
 

BRAND NEW Listings in Strongsville OHIO Get them here 

 

RECENT NEWS:

 

Brand new Listed Real Estate in Cleveland Metro 

 
 
There are 245 newly listed homes to choose from or you can look at all the 5394 homes available in Cleveland Metro.....We also included 1020 homes that have JUST BEEN REDUCED....When you see a home you might like contact me for a private showing 216-703-5740 EXP Realty #cleveland #realestate #income #residential #investment

Click here to view the Freshly listed homes in Cleveland Metro

Call 216-703-5740 EXP Realty 
 
 

Millions of Homes Mapped 

Want to see all the homes listed in your area on your Cell phone?????
http://millionsmapped.com/?lead_id=377%3AU%3A36893%3A1574824&leadid=377%3AU%3A36893%3A1574824&agent_id=377%3AU%3A36893&_branch_match_id=440469709802891920

Click here to get your FREE APP and go and explore

 

Check out this weeks New Video

 

 

 

1000+ Homes and Counting

3+ BEDROOM Homes 2+ Bathroom Homes Only for SALE

Thursday, August 30, 2018

You have a problem home let us help.......


Sometimes when you purchase a property for income there are issues. I get calls from Investors that need help selling or getting their portfolio's of real estate cash flowing and or sold.

Just recently I had a client that needed two homes sold and was having issues with the tenants and wanting to sell those homes. We got involved and sold both homes in matter of a couple of months, We dealt with the tenants and sold the properties to another investor that wanted some homes in the area. This client was an international client.



Another international client does purchase a lot of homes from us and we keep them leases and managed. We work hand in hand with the management company until the home is rented. The tenants are carefully screened and we get the top rents with our rehab company that gets the homes looking great. 

We also have the marketing company to get these homes rented as soon as possible. Our averages are over the market averages because we really work on getting the top rents. One client could not believe the amount we got for their home. It is because of the quality of work and the cutting edge of marketing. We spend $1000's of dollars a year on marketing software 

We have literally done 100's of properties and the ones we have helped manage have been a success. In the last 22 months we have collected rents on 100% of our homes we purchase for our clients. 

It's not rocket science when you do this everyday......need to buy or sell a home? I'm Brett 
216-703-5740 EXP Realty Ohio and 602-363-6551 EXP Realty Arizona. Let us help your real estate get done right. 

Check out our unique Real Estate Services and Advantages



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Just Listed homes in Cleveland and Surrounding Cities



Just Listed homes in Cleveland and Surrounding Cities Call 216-703-5740 To get your real estate needs done

Click here to view the newly listed homes 


Wednesday, August 29, 2018

House-price growth accelerates in Cleveland, with key index nearing pre-recession peak


This study comes from http://realestate.cleveland.com/ by Michelle Jarboe that shows a nice steady growth in Cleveland Real Estate.

"Nationwide prices surpassed their pre-recession peak in early 2017 and are up 10.8 percent, according to Case-Shiller's data. Among the 20 major metropolitan areas highlighted in the report, Cleveland still is lagging, with the most modest rebound of any market."

That shows strength in the Cleveland Market, great steady growth and quality housing stock. Let's face it a lot of local buyers have not seen a good home market for a while. Cleveland is unique because of the variety of residential homes. You can buy a nice ranch home for $100k or $1 Million and they are both in quality areas.

"Compared with a year before, Cleveland-area prices were up 5.1 percent in June. That compared with a 6.2 percent annual gain nationwide. Chicago, New York and Washington, D.C., posted slimmer growth than Cleveland, while prices in all of the other cities rose more rapidly."

I like the 5.1 percent growth and the lower priced homes effect on the housing price numbers. In the cities mentioned above I would dare you to find a nice home for under $250,000. Some of the cities in the surrounding Cleveland real estate marker are land locked and cannot build new homes to get the prices up. That also has to be considered when purchasing a home for equity growth.

Great time to look at buying a home or investing in one. New homes are being built and when they start reselling prices should spike again. I'm Brett 216-703-5740 EXP Realty Ohio and 602-363-6551 EXP Realty Arizona  Over 1000+ transactions and counting

Check out our unique Real Estate Services and Advantages


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Before You Purchase Home or Income Property you need to know all your options

I was talking to some potential clients that came through my Open House yesterday and they where frustrated. They had been looking at...