Posts from October 2024
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9
Investing Smarter, Not Bigger in Metro Cleveland Ohio
When I started in Real estate I never thought to get what was the best investment? It wasn't how to get rich quick it was how to get steady and get wealthy as I go and to create income for myself and my family
Investing smarter means you'll get assets that you can make great money on and be able to liquidate great profit in the future. That's what I do here in my business and system. I create income and let the asset grow. if you go to
In metro Cleveland. You have a lot of challenges on some of the properties. Some of the buildings are older and need to be updated to become less maintenance and just a better operating property.
After about 800+ homes in Cleveland understand that there are many things that can happen with plumbing, electrical, roofs, basements, and heating. You need to know, what is needed and what is not needed in order to rent a property and be smart with your money there and you also need to know what ad value to the property.
Adding value to the property creates more rental income and equity. That's where the smarter Investor goes, they don't want headaches they want assets that create income at a more comfortable level and less stress.
That's all we do here we have everything from purchase, rehab, lease, property management, selling the property. We basically do it all as I mentioned in one of my videos were the multivitamin of Real estate.
Instead of buying money for expensive classes purchase with professionals and understand and learn how to be a smarter investor. Being a smarter investor means a happier investor.
Remember the old saying Location, Location, Location it still applies today!
Call me, (Brett) 216-703-5740 Key Reaty and Property Management
1200+ Completed properties and counting
5
Tired of spending money on Real Estate courses
Talk to people all the time this literally spent over $100,000 just on courses to buy investment real estate. Think about that for a minute you could almost pay for cash flowing property for $100,000. If you're looking for real income real estate that produces for you in have someone behind you with a résumé of over 1200+ properties That we have finished from top to bottom No need for courses here we just buy good solid real estate that our clients love and profit from. Check out my website https://realincomeproperties.blogspot.com/
See our results and then call or WhatsApp me (Brett) 216-703-5740 Key Realty and Property Management
2
Getting Income and Equity Is Easier Than You Think
This property was leased February 2021 for $1225 a month. In 2024 the rent was raised to $1325 a month. The owner wanted to keep the tenant and their budget would only fit so much for this property but it is about a $1500-$1600 rent amount property
Looks to look at the rental deposits over the years. This is the approximate net amount that was deposited in the owners account directly. After all repairs were taken out of this also so this is a proximate net to Owner.
2021 we deposited $10,997
2022 we deposited $7050 (replaced the furnace)
2023 we deposited $8462
2024 we deposited $6365
That's approximate net of $32,874 that we deposited in their account so far.
Let's look at the approximate value per MLS
If we added a bathroom for this one which would be about $12,000 and some rehab this property be worth approximately $190,000. Without the bathroom it's worth about $165,000.
Another great property with exceptional results.
Want to get the real numbers and the real profit?
1
How to Value Add to Real Estate
Understanding what adds value to a property and what does not is crucial to your pocketbook. In this video you see one way to add value to a home.
After 1200+ homes and 2000+ rehabs I can usually pick what a property most needs and assist investors in understanding what is needed in a property. Need that type of advisor for your real estate ? Call me (Brett) 216-703-5740 Key Realty and Property Management Better Properties Exceptional Results
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