This property was remodeled for $8090 after over 3 years and the rent was raised to $1500 a month and leased in just 10 days. Happy Investor 

Now the owner can enjoy even more monthly income

Click here to View After Pictures

We purchased this property for $90,000 in February 2021. Rehab was $11,100 for a total of $101,100 invested.

Let's' Look at the Approx numbers on this property. Rent  $1100 Tax $103 Insurance $60 PM $88 Net $849 x 12 Months = $10,188 We added a little money to update $2000 The next tenant moved in and has been there ever since May 2021. Let's look at the approx income Rent  $1200 Tax $142 Insurance $60 PM $92 Net $906 x 15 Months = $13,590 The rent was raised to $1250 a month in Oct 2022 Let's look at those approx numbers  Rent  $1250 Tax $199 Insurance $60 PM $100 Net $891 x 12 Months = $10,692 The lease was raised to $1300 a month in 2023 Let's look at the approx numbers  Rent  $1300 Tax $200 Insurance $60 PM $125 Net $915 x 10 Months = $9,150 That is a total of $43,620 in net proceeds. During the last almost 4 years a approx total in repairs $4500 (Part of this is a new heater)  making the Approx Net $39,120 Let's look at the approx value from the MLS is $199,000.  That gives this client approx $98,000 in equity + $39,120 in approx rental proceeds  The grand total is $137,120 Approx Blended Return  Call me (Brett) 216-703-5740 Key Realty and Property Management

# # #BrettsRealtyGroup #ClevelandRealEstate

See how we purchase real estate for our clients

Having a steady cash flow on Real-Estate as an investor needs to have a couple things to ensure that each property has a better chance of steady cash flow.

The first thing is the location, of course, and how the properties are managed through the process of rehabbing and leasing.

After 1200+ homes, I've learned that we have to get good real estate in order to get them leased to quality tenants and give our clients steady cash flow. Why is that?

Generally good steady cash flow property is in appreciating areas that people want to live in and see their future in that area. That means there needs to be amenities that attract tenants for example, restaurants, grocery stores, shopping you get it.

During the life of the property, you also have to have good property management that understands what is needed to continue getting the rent and keeping the tenant. With our company we have a 24 to 28 month average for tenants. Why is that?

Our Property management works hard to ensure that we get the tenant upfront and when they do have a hiccup or an issue, we get in contact with them about what is going on. Keeping the rent coming in.

Most of the time we can get stuff worked out and the rent keeps pouring in for our client.

Most Tenants keep our real estate nice and a lot less rehab when they move out. 

This takes a lot of work, effort and experience. That's what we have. 24 years being a realtor and being a Investor since 1985 I understand Properties better than most people. We have a 99.5% Success Rate on making money for our clients. 

What kind of people are on your team when you're investing your hard earned money?

Call me, 216-703-5740 Key Realty and Property Management 

Having a steady cash flow on Real-Estate as an investor needs to have a couple things to ensure that each property has a better chance of steady cash flow.

The first thing is the location, of course, and how the properties are managed through the process of rehabbing and leasing.

After 1200+ homes, I've learned that we have to get good real estate in order to get them leased to quality tenants and give our clients steady cash flow. Why is that?

Generally good steady cash flow property is in appreciating areas that people want to live in and see their future in that area. That means there needs to be amenities that attract tenants for example, restaurants, grocery stores, shopping you get it.

During the life of the property, you also have to have good property management that understands what is needed to continue getting the rent and keeping the tenant. With our company we have a 24 to 28 month average for tenants. Why is that?

Our Property management works hard to ensure that we get the tenant upfront and when they do have a hiccup or an issue, we get in contact with them about what is going on. Keeping the rent coming in.

Most of the time we can get stuff worked out and the rent keeps pouring in for our client.

Most Tenants keep our real estate nice and a lot less rehab when they move out. 

This takes a lot of work, effort and experience. That's what we have. 24 years being a realtor and being a Investor since 1985 I understand Properties better than most people. We have a 99.5% Success Rate on making money for our clients. 

What kind of people are on your team when you're investing your hard earned money?

Call me, 216-703-5740 Key Realty and Property Management 

This video is an update video that we are doing on a recent property. We've actually finished this one. But the owners are updated on a weekly basis. But before all this happens, you have to have a third-party to inspect the property.I see people trying to show people how to look at properties, but all you need to do is look at the numbers on the properties and see if the properties are in decent shape . What do you do when you have a property under contract?

You hired a license inspector to go out and check the property. Again it's not good for someone who's trying to sell you a property to do the inspection because that could be very biased. They are making profit!I see this a lot with wholesalers and people trying to get partners in real estate. Make sure and get a licensed inspector out there to get a list of things that needs to be done and be added to that rehab, they and licensed. Important items then can be listed on the rehab cost. In this property it needed a new roof and that was brought up on the inspection report. I looked at the roof and thought it had a little time left, but the inspector recommended that it be replaced so that's what we did.Other items were brought to our attention by the inspection report for electrical and other minor issues. We also had to take care of the driveway and garage on this property too, but that was seen before and after the inspection.

So looking at a property and trying to understand all the repairs and fix up is really an art and you need to do many many properties. I've personally rehabbed over 2000 properties and understand what needs to be done. But I can't always catch everything. That's why I have a license inspector go out and check the property for my client. That gives me a third-party that knows what they're doing, opinion of the property and what needs to be repaired.Trying to reinvent the wheel investment real estate is really not always the best way to go.

Having someone on your team that's been doing it for many years and understands the pitfalls and the ups and downs of it. All is another reason why if you're looking for a real estate advisor.I've been in business for a very long time and I've done 1200+ properties purchase wise and understand what needs to be done. If you can find somebody who has done more, I'd be shocked

.The last part of it is they need to be successful. What are they doing? Do they have numbers you can expect on a property? You can sit around and have a good meeting with other investors and everything looks great. But do they show the actual results after they are finished? I do!The key to everything is staying with System that actually works. Don't try to reinvent it.

See a lot of people trying to do that and believe me it's been tried already and failed.Need experience with the résumé?

Call me 216-703-5740 or WhatsApp me.I'm Brett with Key Realty and Property ManagementPlease go to https://realincomeproperties.blogspot.com/ for all the results