Rent $1700 Tax $331 Insurance $60 Property Management $125 Net $1,184
Purchase $158,000 Rehab $25,000 Total $183,000
Approx Worth Per MLS $220,000 that is a $37,000 Equity Position
Exciting update: We've added a new full bathroom to this home, transforming it into a 3-bed, 2-bath gem. With all the necessary permits secured and approved, we're in the final stages of completing the renovations, set to hit the leasing market this week.
Situated in an area experiencing steady appreciation of approximately 4%-6% annually, this property promises a sound investment opportunity. Our meticulous work over the past 6 weeks has kept the project well within budget and on schedule, reflecting our commitment to a stress-free real estate experience. Personally overseeing each property visit ensures not just completion but also financial efficiency.
Nestled in a prime A area, this home is poised to attract quality tenants seeking the best. The upcoming Meijer's addition nearby adds to the appeal of the location. Our properties boast quick returns, with tenants typically staying for 25+ months, minimizing the need for frequent renovations and maximizing your profits.
Additionally, we offer warranties covering most interior items for the first year, providing added peace of mind. Experience a hassle-free approach to building wealth and income for your portfolio with us. While many investments may look promising on paper, our real estate ventures deliver success for our clients 99.5% of the time.
For more information, contact Brett at 216-703-5740, Key Realty and Property Management. Let's make your real estate journey a smooth and lucrative one.
I went to four houses yesterday and four different cities. The snow was heavy and the roads are bad, but I still had to go check the properties and make sure that everything was going correctly for my clients.
Check these updates out does your License Realtor do this for you?
See how Real Estate Investing is done
Contact Brett 216-703-5740 key Realty and Property Management
9295 Dorthy Update 1/02/25
Purchasing or selling a investment property can be one of the most significant decisions of your life, and the process can often be overwhelming. However, with the right approach and preparation, you can ensure that your real estate transactions are as smooth and stress-free as possible. Here are some key tips to guide you through the process:
Selecting an experienced and reliable real estate agent is crucial. They can provide valuable insights into the market, help you find the right property, or ensure your home is marketed effectively.
Expert Market Knowledge: They understand current trends and pricing.
Negotiation Skills: A skilled agent can secure the best deal.
Streamlined Process: They handle paperwork and logistics efficiently.
Before you start house hunting, it's essential to have a clear understanding of your financial situation. This includes getting pre-approved for a mortgage if you're buying, which helps you know exactly what you can afford.
Whether buying or selling, research is your best friend. For buyers, investigate neighborhoods, schools, and amenities. Sellers should study recent sales in their area to set a competitive price.
If you're selling, make sure your home is in its best possible condition. This might involve decluttering, staging, and making necessary repairs. A well-presented home is more likely to attract buyers and achieve a higher price.
Real estate transactions involve a lot of documentation. Keeping all your papers organized in a dedicated folder or digital file will make it easier to track everything and reduce stress.
Real estate can be unpredictable, and sometimes you might need to adjust your expectations. Whether it's accepting a slightly lower offer or opting for a different location, flexibility can ease the process.
Maintain open lines of communication with all parties involved, including your agent, mortgage lender, and legal advisor. Prompt responses can prevent delays and misunderstandings.
By following these strategies, you can make your real estate experience as stress-free as possible, allowing you to focus on the excitement of finding your new home or moving on to your next adventure.
This is 2024 year in real estate market report. This comes from the multiple Listing service, which is an audited website for real estate.
1200+ home's I've done this 3500 videos in my YouTube channel. There's a lot of work that goes into income real estate. If you deal with the right people that ensures that that it goes smoothly and more importantly you make money.
Start your 2025 up right get the right properties and help ensure that you get everything else done correctly.
Call me, Brett 216-703-5740 key Realty and Property Management
9297 Dorthey Streetsboro Ohio Update 12/27/24