When investing in real estate, many people focus on finding the perfect property and securing the best financing. However, one of the most common mistakes is underestimating the importance of effective property management.

Here's why you should never overlook this crucial aspect of real estate investment. Why Property Management Matters Maximizing Rental Income: A good property manager knows how to set the right rent level to attract tenants while maximizing your income.

They are also skilled at marketing your property effectively to minimize vacancies.

Tenant Screening: Proper screening of tenants is essential to ensure reliable and responsible occupants.

Property managers have the experience and tools to conduct thorough background checks and select tenants who are likely to pay rent on time and take care of your property.

Legal Compliance: Real estate laws and regulations can be complex and vary by location.

Property managers stay updated on these laws, helping you avoid legal pitfalls related to tenant-landlord disputes, evictions, lease agreements, and property inspections.

Efficient Maintenance and Repairs: Regular maintenance and timely repairs are vital to preserving the value of your property and ensuring tenant satisfaction.

Property managers have a network of reliable contractors and can often secure better rates due to their ongoing relationships.

Time and Stress Management: Owning rental properties can be time-consuming and stressful.

By hiring a property manager, you can focus on other ventures or personal activities, knowing that your property is in capable hands. Choosing the Right Property Manager When selecting a property manager, consider the following factors: Experience and Reputation: Look for managers with a proven track record and positive reviews from other property owners. Fee Structure: Understand their fee structure and ensure it aligns with your budget and investment goals.

Communication Skills: Choose someone who is responsive and keeps you informed about your property's performance and any issues that arise.

Contact Brett 216-703-5740 Key Realty Property Management

Investing in rental properties can be a lucrative venture, but it's crucial to understand the real net numbers involved. Here, we'll explore the key financial metrics and considerations that can help you evaluate the true profitability of a rental property investment.

1. Gross Rental Income

Gross rental income is the total amount of money you receive from tenants before any expenses are deducted. This figure serves as the starting point for determining the property's earning potential. To calculate gross rental income, multiply the monthly rent by the number of months the property is rented each year.

2. Operating Expenses

Operating expenses encompass all costs necessary to maintain and manage the rental property. These can include:

3. Net Operating Income (NOI)

Net Operating Income is the income remaining after all operating expenses have been deducted from the gross rental income. It is a critical metric for assessing a property's profitability. The formula is:

Net Operating Income (NOI) = Gross Rental Income - Operating Expenses

4. Cash Flow

Cash flow refers to the net amount of cash being transferred into and out of your investment. Positive cash flow means the property generates more income than expenses, while negative cash flow indicates it costs more to maintain the property than it earns. Calculate it by subtracting both operating expenses and any mortgage payments from the gross rental income.

5. Return on Investment (ROI)

ROI is a percentage that tells you how much profit you've made on an investment relative to its cost. For rental properties, ROI can be calculated by dividing the annual cash flow by the total investment cost, then multiplying by 100.

ROI = (Annual Cash Flow / Total Investment Cost) x 100

Conclusion

Understanding these real net numbers is essential for making informed decisions in rental property investment. By carefully evaluating gross rental income, operating expenses, NOI, cash flow, cap rate, and ROI, you can better assess potential investments and maximize profitability.

Go to https://realincomeproperties.blogspot.com/ and see our real net numbers for our clients. 

Then contact Brett 216-703-5740 Key Realty and Property Management 

1200+ Homes and Counting-Everything under 1 roof

Click to Schedule a 15 Min Meeting w/Brett

 Click here to view After Pictures 

This Property was originally purchased as a wholesale deal. It was purchased for $80,000 before rehab. There were many issues on this property the buyer did not know about. 

5147 Case Update 1/10/25

Here is a list of properties we are currently working on. I visit these properties all during the week to ensure the work is being done and done currently.

Check out the details and if you want this type of service for your investment real estate 

Contact Brett 216-703-5740 Key Realty and Property Management

 

Click here for a 15 min meeting to see what we can do for you 

 

In recent years, short-term home rentals have soared thanks to online services such as Airbnb and VRBO. Renting your property to short-term guests can be easy to earn cash to build home equity. But there are six things you should consider before becoming a short-term rental host.

Guests who damage property: yours and others

You could have a guest who damages your property or the property of another guest or a neighbor. For example, your guest could back his car into your or another guest's parked car. Or, if your rental is in a condo building, your tenant could leave water running and flood both your home and those of your neighbors. 

Guests who get hurt on your short-term rental property

Bodily injury is always a risk when you have any visitors to your home. But you elevate your risk when you increase the volume of visitors by renting your property. Airbnb and VRBO each offer $1 million in liability protection insurance. But this insurance has extensive terms and conditions that could ultimately leave you liable for damages. You should read these policies carefully before signing up and talk to your homeowners' insurance agent to determine whether you need additional coverage.

Guests who hurt you or others on your property

You are inviting strangers to stay in your home and need to know their temperament or level of responsibility. A guest could cause injury, either intentionally or accidentally, to you or other guests. A guest may also become a squatter.

Potential violations of your obligations as a renter or owner

If you are a renter, your landlord may bar short-term rentals. Homeowners associations may as well. If you violate these policies, you could pay stiff fines or be ordered to stop your rentals. 

Potential violations of local ordinances

Cities and counties impose different restrictions on Airbnb usage in some areas because of neighbors' opposition to the practice. Some municipalities require short-term rental hosts to register with the city and/or collect and pay a hotel-motel tax. Airbnb and VRBO often handle this for you, but they may not manage all taxes and fees. Your municipality may require you to obtain a business license, restrict the number of Airbnb units you rent out or even ban the permits you need to use your property as an Airbnb. You may be subject to building and housing standards, zoning rules and landlord-tenant laws. You must protect yourself by carefully researching local laws before renting out your property. Reach out to your municipality or a local attorney if you have questions.

Potential violations of your short-term rental tax obligations

If you rent any part of your property for more than 14 days, you must report the income on your federal taxes. It's always a good idea to consult a tax professional to ensure you don't run afoul of state or federal tax laws.

In recent years, short-term home rentals have soared thanks to online services such as Airbnb and VRBO. Renting your property to short-term guests can be easy to earn cash to build home equity. But there are six things you should consider before becoming a short-term rental host.

Short term rentals rules are always changing. In Phoenix Az they have got very strict on them because of neighbors complaining about parties and rude guests.

Long Term Rentals are not as sexy but really generate a consistent income without all the headaches 

Contact Brett 216-703-5740 Key Realty

You Investment Real Estate Expert  

Schedule a 15 Min Meeting w/Brett 

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

30027 Robert Rd update 1/03/25

 

5147 Case update 1/03/25

Click here to Schedule a 15 Min Meeting

 

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:

1. Choose the Right Real Estate Agent

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.

Benefits of a Good Agent

• 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.

2. Set a Realistic Budget

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.

3. Conduct Thorough Research

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.

4. Prepare Your Home for Sale

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.

5. Stay Organized

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.

6. Be Prepared to Compromise

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.

7. Keep Communication Open

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.

#RealEstate2024 #PropertyManagement #MarketReport #RealEstateInvestment #IncomeProperty #HomeManagement #PropertyCare #ClientSuccess #RentalIncome #InvestmentTips #RealEstateGrowth #PropertyMarket #RealEstateTrends #InvestmentProperty #PropertyInvestment

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

5147 Case Update 12/27/24

 

30027 Robert Street Update 12/26/24

 

Click here to Schedule a 15 Min Meeting

  Leasing in December ?: Smooth Sailing or Major Headache?

Create any more value in properties sometimes takes adding more on the Construction, but that needs to stay in budget when you're doing it.

This property created a great income for the client over the last four years. But the market is good right now for selling so he wants to sell it and make great money on it.

 ​    December there's always a lot going on for the holidays. The key is keeping your nose on the grindstone and getting things done because it's important to Investor to keep these things humming as far as renting real estate and finishing real estate.

Check out this video see how we do and give us a call for your investment real estate and property management needs. Thanks.

Call me (Brett) 216-703-5740, Key REALTY, and Property Management

#listingagent #realestateagent #leasing #propertymanagement #ohiorealestate #realtor #realestateagent #marketingdigital #marketing

   Click here for a 15 Min Meeting to discuss your Real Estate Needs 

Create any more value in properties sometimes takes adding more on the Construction, but that needs to stay in budget when you're doing it.

this property created a great income for the client over the last four years. But the market is good right now for selling so he wants to sell it and make great money on it.

this property we paid $60,000 for and 2019. We will be putting this property up for sale for $180,000 after we're finished with the updates.

this property was purchased in a very good area and is going to make this client very good profit but the construction must be on in budget and makes sense for this client. You can't get through half of them then go oh no I have to pay the contractor more a lot more.

Having the rehab team around us that can take care of our real estate and keep it a budget is the key to our success into our client. Success. Remember, you have to keep things in budget for you to make money.

taking all the classes you want will never teach you how to get 24 years of construction experience behind you in Cleveland, Ohio. We have the team we have the consistency and we have the resume.

Call me 216-703-5740 Brett, Key REALTY, and Property Management

 Click here to View Before Pictures

Click here to View After Pictures 

Buying income/Investment real estate requires a Realtor that has done many properties and understands the work it will take to accomplish the clients final goal.

Click here for Before pictures

Click here for After Pictures 

This property was purchased April 2023 for $106,000 and rehab $10,675 for a total of $116,675.  

This property was leased in May 2023 in 8 days for $1350 a month. 

Let's look at the returns Net lease deposits after taxes, insurance and Property management

2023            $5925

2024            $7751 Total $13,676 Net deposited in Owners account

That means the 1st tenant stayed for 16 months and paid their rent on time and took care of the property. We had to add $2200 in the property to get it back on the market. Quality tenants create easier income and less money out of our clients pockets.  

The new lease on this property was from am existing tenant that has stayed in a property for over 4 years and wanted to stay with our property management. The relationship with the tenants and being consistent on keeping our properties nice really creates income for our clients.

We also got another $150 a month or $1800 a year.

Let's look at the new approximate numbers.  Lease $1500 Tax $222 Insurance $60 P/M $125 Net $1093 or $13,116 a Year 

Approx net worth $165,000 Let's look at the Approx numbers now 

Worth $165,000-$116,675 (cost of home and rehab) - $2200 rehab to lease = $46,125

Approx Equity $46,125 + $13,676 Net proceeds from rent = $59,801

Need Real Estate that is Profit Ready and in already established areas?  Call me (Brett) 216-703-5740 Key Realty and

Property Management 

Understanding the best ways to purchase real estate and creating both income and equity is the Key to Success. Check out these properties call Need help with Real Estate Call me: ? Brett: 216-703-5740 (Also on WhatsApp) Key Realty and Property Management

Click here to book a meeting

A new generation of paints gives you the rich colors you want without the pungent smells of traditional paints. Known as low-VOC paints, they are safer for the environment and your health. Let's learn more.

What are VOCs?

Volatile organic compounds (VOCs) are chemicals in traditional paint that contribute to the strong smell you associate with a fresh paint job.

The word volatile means the chemical evaporates at room temperature. Organic simply means it contains carbon molecules, whether it is a natural or synthetic material. These elements are combined with a resin in the paint that causes it to adhere to the surface being painted. VOCs are found not just in paints, but in many building materials and household products.

Not all VOCs are toxic, but some can be and produce pungent off-gassing smells when used. Environmental studies have shown that the interiors of many buildings have as much as two to five times the levels of VOCs found outdoors.

What are low-VOC paints?

Advances in chemistry have made it possible to create paints that are low in VOCs. The Environmental Protection Agency considers paints to be low VOC with up to 250 g/l for water-based paint and 380 g/l for oil-based paint. Non-governmental organizations such as Green Seal set more rigorous standards for low-VOC paints. There is no established industry standard, but low-VOC paints generally contain less than 150 grams of VOCs per liter, and ultra-low-VOC paints have less than 50 grams. There are even paints known as zero VOCs. Although in reality they actually contain VOCs, the level is less than 5 g/l.

Advantages and disadvantages

Low- and no-VOC paints have evolved so that they are durable, provide good coverage and dry quickly with a nice variety of colors. Several manufacturers carry them, including Behr, Benjamin Moore, Sherwin Williams, Concho and others.

Keep in mind that the reduction of VOCs doesn't mean that the paint is entirely toxin free. Many low-VOC paints still contain other chemicals that can be toxic. For example, some of the color-tinting chemicals that are added at the store can also be harmful. Consult your paint professional to know exactly what you are buying.

Alternative paints

The safest paints of all are ones made with completely natural ingredients such as milk, beeswax and natural latex. These paints are not readily available in stores, so you will probably have to shop for them online. Perhaps the best low-VOC alternative is ceramic-based paint, which contains tiny ceramic beads that make the paint stain resistant and very durable. Ceramic-based paint also washes well.

Standard bearers

The testing agency known as Underwriters Laboratory owns an industry-independent organization called the Greenguard Institute, which evaluates and promotes environmentally safer products for both industry and consumer use.  Its online catalog lets you shop products by category to find environmentally safe consumer goods.

Cost of low-VOC paints

Do you have to pay a premium to buy low-VOC paint? Perhaps surprisingly, the answer is no. Low-VOC paint ranges from $12 to $50 per gallon, prices that are comparable to traditional paints. No-VOC paints are priced a little higher.

We have a contract with Sherwin Williams that allows our clients to get the best proces on the planet on paint and much more. 

A new generation of paints gives you the rich colors you want without the pungent smells of traditional paints. Known as low-VOC paints, they are safer for the environment and your health. Let's learn more.

What are VOCs?

Volatile organic compounds (VOCs) are chemicals in traditional paint that contribute to the strong smell you associate with a fresh paint job.

The word volatile means the chemical evaporates at room temperature. Organic simply means it contains carbon molecules, whether it is a natural or synthetic material. These elements are combined with a resin in the paint that causes it to adhere to the surface being painted. VOCs are found not just in paints, but in many building materials and household products.

Not all VOCs are toxic, but some can be and produce pungent off-gassing smells when used. Environmental studies have shown that the interiors of many buildings have as much as two to five times the levels of VOCs found outdoors.

What are low-VOC paints?

Advances in chemistry have made it possible to create paints that are low in VOCs. The Environmental Protection Agency considers paints to be low VOC with up to 250 g/l for water-based paint and 380 g/l for oil-based paint. Non-governmental organizations such as Green Seal set more rigorous standards for low-VOC paints. There is no established industry standard, but low-VOC paints generally contain less than 150 grams of VOCs per liter, and ultra-low-VOC paints have less than 50 grams. There are even paints known as zero VOCs. Although in reality they actually contain VOCs, the level is less than 5 g/l.

Advantages and disadvantages

Low- and no-VOC paints have evolved so that they are durable, provide good coverage and dry quickly with a nice variety of colors. Several manufacturers carry them, including Behr, Benjamin Moore, Sherwin Williams, Concho and others.

Keep in mind that the reduction of VOCs doesn't mean that the paint is entirely toxin free. Many low-VOC paints still contain other chemicals that can be toxic. For example, some of the color-tinting chemicals that are added at the store can also be harmful. Consult your paint professional to know exactly what you are buying.

Alternative paints

The safest paints of all are ones made with completely natural ingredients such as milk, beeswax and natural latex. These paints are not readily available in stores, so you will probably have to shop for them online. Perhaps the best low-VOC alternative is ceramic-based paint, which contains tiny ceramic beads that make the paint stain resistant and very durable. Ceramic-based paint also washes well.

Standard bearers

The testing agency known as Underwriters Laboratory owns an industry-independent organization called the Greenguard Institute, which evaluates and promotes environmentally safer products for both industry and consumer use.  Its online catalog lets you shop products by category to find environmentally safe consumer goods.

Cost of low-VOC paints

Do you have to pay a premium to buy low-VOC paint? Perhaps surprisingly, the answer is no. Low-VOC paint ranges from $12 to $50 per gallon, prices that are comparable to traditional paints. No-VOC paints are priced a little higher.

We have a contract with Sherwin Williams that allows our clients to get the best proces on the planet on paint and much more. 

Click here for After Pictures 

The properties only had one tenant meaning that Tenant has been in that property for 54 month's.

The rehab on this property was approximately $19,000. Let's look at the income let's look at what we deposited in the owners account

2020 there was $8657 net

2021 there was $12,091 net

2022 there was $6730 net 

2023 there was $5596 net 

2024 there was $7392 net .

For a total total of $40,465 so far for this property. 

We had to replace the heater and some plumbing which would be taken care of but this particular property doesn't have the warranty on it. But if it did, it would save this investor a lot of money. The good news is they still made a time of money

The rents were increased in 2022 $1250 a month and in 2023 they were increased to $1300 a month. 

We will be increasing the rent to $1350 a month at the end of this year. 

Let's look at what the properties worth today per MLS

The property comps at $195,000 

Let's look ? at the blended return

Rent $40,465 + $195,000 - $95,000= $100,000 

Net total approx net return $140,465 or a 30% return 

Call me (Brett) 216-703-5740 Key Realty and Property Management 

When you are shopping for mortgages, you may come across the term "conforming loan." Is that something different than a conventional loan? Does this matter to you as a borrower? Here's a quick explanation of conforming loans.

Fannie Mae and Freddie Mac

Although all conforming loans are conventional loans, not all conventional loans are conforming. A conforming loan is any conventional loan that meets certain criteria set by the Federal Housing Finance Agency. The main feature of these criteria is the limit on loan size. In most areas of the country in 2020, that limit is $510,400 for a single-family home. In higher-cost markets such as San Francisco and New York, the cap is $765,600. Loans that exceed these dollar caps are called non-conforming or jumbo loans.

Each year the FHFA surveys lenders to gather current data on home sales prices, interest rates, and terms, then calibrates the conforming loan standards accordingly. Price caps vary down to the county level.

The size of a loan is not the only factor that makes it conforming. Other criteria set parameters on the loan-to-value ratio, the borrower's debt-to-income ratio and credit score, and the amount of the down payment.

Two quasi-federal agencies, the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Association (Freddie Mac), will agree to insure conforming loans offered by private lenders. Fannie and Freddie often purchase these loans from lenders to offer to the private investment markets in bundles. This replenishes money to the lender to loan out to other borrowers. Jumbo loans are not eligible for Fannie or Freddie backing.

What is the benefit of a conforming mortgage?

Conforming mortgages typically offer lower interest rates than non-conforming loans because they are less risky. Additionally, with a conforming mortgage, you may get some wiggle room on the down payment amount and the credit score needed to qualify. Keep in mind, though, that If you put down less than 20 percent of a home's purchase price, you'll be required to buy private mortgage insurance (PMI) to protect the lender in the event you default. A monthly PMI payment uses money that could otherwise be used to build equity in the house.

Because they are relatively easy to qualify for and offer lower interest rates, conforming loans can offer substantial benefits to borrowers.

I can assist in getting a Great Mortgage resource for your real etsate or real etsate investing 

Click here for After Pictures 

The properties only had one tenant meaning that Tenant has been in that property for 54 month's.

The rehab on this property was approximately $19,000. Let's look at the income let's look at what we deposited in the owners account

2020 there was $8657 net

2021 there was $12,091 net

2022 there was $6730 net 

2023 there was $5596 net 

2024 there was $7392 net .

For a total total of $40,465 so far for this property. 

We had to replace the heater and some plumbing which would be taken care of but this particular property doesn't have the warranty on it. But if it did, it would save this investor a lot of money. The good news is they still made a time of money

The rents were increased in 2022 $1250 a month and in 2023 they were increased to $1300 a month. 

We will be increasing the rent to $1350 a month at the end of this year. 

Let's look at what the properties worth today per MLS

The property comps at $195,000 

Let's look ? at the blended return

Rent $40,465 + $195,000 - $95,000= $100,000 

Net total approx net return $140,465 or a 30% return 

Call me (Brett) 216-703-5740 Key Realty and Property Management 

This is another great example of how our properties are left from our tenants. We are very careful who we put in our tenants because that creates a lot of costs to the clients and me as an investor if I put the wrong people in a rental property . This video shows you how someone just left one of our properties They've lived in for almost 2 years. We have less than $1000 that we have to do the property to get it back up to snuff. We will have this on the market in 5-7 days. Imagine the opposite of that if you have a bad Tenant ? A lot of investors don't understand that every time someone moves out you're gonna have some rehab how much rehab are you gonna have? It's all according to quality, tenant and quality ofproperty you purchased That's why I am very careful what I buy and where I buy it. It's not always just the purchase price and the rehab up front. It's the after effects of the property and the tenants in it that's how it's gonna really produce income for a client. Good news for our clients we get 24 to 28 months stay for tenants with our properties on average. Need someone who really watches out for your good I've done over 1200+ houses and understand what's needed in a good property. Better Real-Estate exceptional results Call me (Brett) 216-703-5740 Key Realty and Property Management

Finding a home that supports remote work has become increasingly important for those who embrace flexible work arrangements. Several factors can significantly impact your productivity, comfort, and well-being when searching for a home that caters to remote work. Here's a guide for what to consider when finding a home that effectively supports remote working.

1. Room for a Dedicated Workspace

The first priority when looking for a home to support remote working is to ensure it has room for a dedicated workspace. This could be an extra bedroom, a converted basement, or even a well-positioned nook in a larger living area. Having a separate space to work is essential for maintaining focus and separating work from home life. Ideally, this space should be quiet, with natural light and enough room for a desk, ergonomic chair, and other necessary equipment. Avoid shared or multi-use spaces where distractions may be common.

2. Internet and Connectivity 

A fast and reliable internet connection is non-negotiable for remote workers. Before deciding on a home, check the availability of high-speed internet in the area. Fiber-optic connections or high-speed broadband are ideal for video conferencing, large file transfers, and cloud-based applications. Some remote locations may have limited internet access, so investigate this thoroughly by speaking with the service providers in the area or checking online availability tools.

3. Ergonomics and Comfort

When you work from home, comfort becomes more crucial. Consider homes that allow you to create an ergonomic setup with proper desk height, adjustable chairs, and enough room for multiple monitors if needed. You might also want a home with temperature control to maintain a comfortable working environment year-round. A home with efficient heating, good insulation, and enough natural light is crucial in colder climates. Similarly, air conditioning or good ventilation prevents discomfort during long work hours in warmer regions.

4. An Accessible Location

Location matters even for remote workers. While you may not need to commute daily, you'll still want to be close to essential services like grocery stores, medical facilities, gyms, and parks. Easy access to these amenities can make your life easier and less stressful. Moreover, consider how often you must travel for in-person meetings or work events. Living near an airport or major highway can be a plus if your job requires occasional travel. If you're considering a more rural setting, be mindful of how far away you'll be from these conveniences.

5. Quiet and Privacy

If your job involves phone calls, video meetings, or creative thinking, noise and privacy can be major factors. Look for a home in a quiet neighborhood, away from busy streets or construction zones. If you live with others, consider the layout of the home. Does it allow you to close a door and work without interruptions? Homes with solid walls, soundproofing, or larger lot sizes that distance you from neighbors can be beneficial for maintaining a peaceful work environment.

6. Support for Work-Life Balance

It's easy for work to bleed into your personal life when both take place in the same space. Finding a home that helps you maintain a healthy work-life balance is crucial. Look for a property with outdoor spaces, such as a balcony, patio, or backyard, where you can take breaks and recharge. Stepping outside and enjoying fresh air can significantly improve your mental health and productivity. Also, consider the proximity to leisure activities like hiking trails, bike paths, or community centers to ensure you have ways to unwind after work hours.

Finding the right home for remote working involves balancing practical needs with comfort and well-being. Focusing on these elements allows you to create a living space that enhances your productivity and happiness while working remotely

Creating a better office setup creates more productivity. Which in turn creates bigger profits. 

​    You need updated successful ways to create your own successful real estate business.  

We leased seven properties this month at full price rent or over $9000 a month for our clients. These are awesome properties that we found rehabbed and leased. The homes leased in under 18 days thanks to our awesome marketing company.

We also sold a property for a Client hd leased already for four years. We just sold that property for $175,000. We paid $90,000 for the property in 2020. I'll be getting all the numbers on that property in my website and my blog. We also just got another property under contract for Client . He leased that one for the last four years. Numbers on that one when it closes. All these properties have done very well and that's why I'm in business, but the market is still moving pace. There's a better time to purchase real estate before interest rates go down. Call me (Brett) 216-703-5740 Key Realty and Property Management Better properties exceptional results: https://realincomeproperties.blogspot.com/

We leased seven properties this month at full price rent or over $9000 a month for our clients. These are awesome properties that we found rehabbed and leased. The homes leased in under 18 days thanks to our awesome marketing company.

We also sold a property for a Client hd leased already for four years. We just sold that property for $175,000. We paid $90,000 for the property in 2020. I'll be getting all the numbers on that property in my website and my blog. We also just got another property under contract for Client . He leased that one for the last four years. Numbers on that one when it closes. All these properties have done very well and that's why I'm in business, but the market is still moving pace. There's a better time to purchase real estate before interest rates go down. Call me (Brett) 216-703-5740 Key Realty and Property Management Better properties exceptional results: https://realincomeproperties.blogspot.com/

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

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

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?

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

1. Boost Curb Appeal 

First impressions are crucial, and the exterior of your home is the first thing potential buyers will see. Start by refreshing the landscaping with new plants and ensuring the lawn is well-maintained. Adding modern outdoor lighting and updating pathways or driveways can further enhance the home's appearance. A fresh coat of paint on the exterior, especially the front door, can also make the property feel inviting and new.

2. Update the Kitchen

Kitchens are a major selling point, so this is one of the first spaces to consider updating. Although replacing your cabinets will best appeal to buyers, painting them or replacing the hardware can make a big difference if replacing them isn't feasible within your budget. Swapping old countertops for quartz, marble, or granite can also give a more luxurious feel. Energy-efficient appliances, like an induction cooktop or convection oven, are additionally strong selling features appealing to modern buyers. For a sleek touch, brighten the space with new lighting, such as pendant lights over an island or under-cabinet lighting.

3. Modernize the Bathroom

Buyers love updated bathrooms. Start by replacing outdated faucets, showerheads, and towel racks with modern, stylish versions. If the bathroom tiles are old or worn, consider replacing them or at least the grout for a cleaner look. New vanities with space-saving designs are appealing, as are contemporary mirrors and lighting that enhance the overall brightness and size of the room.

4. Create Open Spaces 

Older homes often have smaller, compartmentalized rooms. Opening up spaces by removing non-load-bearing walls can create an open-concept layout, which is highly desirable. This can make the home feel more spacious and modern, as newer homes tend to have this type of layout. If major structural changes aren't an option, replacing doors with sleeker designs, like sliding barn doors, can still help to modernize the space.

5. Replace Carpets

Old carpets can make a home feel dated. Replacing them with modern flooring options like hardwood or luxury vinyl plank can give the space a clean look. If the home already has hardwood floors, refinishing them can restore their original beauty and instantly update the home's appeal.

6. Add Fresh Paint and Neutral Colors

One of the easiest and most effective updates is painting the home in light, neutral tones. Colors like soft greys, whites, and beiges create a clean, airy feel that will appeal to many buyers. An accent wall in a modern color can add a touch of contemporary design without overwhelming the space.

7. Upgrade Lighting and Electrical Systems

Replace old light fixtures with modern designs. Recessed lighting in key areas like the kitchen or living room can create a bright, welcoming atmosphere. Smart home technology, such as smart thermostats or lights, adds appeal for tech-savvy buyers. Plus, don't forget to update old outlets and switches for a seamless, modern look.

8. Improve Energy Efficiency

Energy-efficient homes are highly sought after these days. Consider replacing old windows with energy-efficient models and improving insulation, especially in attics and walls. These upgrades can save buyers energy costs, making your home more attractive. Additionally, swap outdated incandescent bulbs for energy-efficient LED lighting.

9. Fix Structural Issues

Before listing your home, ensure that any major structural issues, like roof repairs or foundation cracks, are addressed. Neglecting these can turn buyers away, even if the home is otherwise updated and modern.

10. Focus

Focusing on these key updates allows you to transform an older home into a modern, desirable property. Not only will it attract more buyers, but it can also boost your asking price, making these investments well worth the effort.

Spending the right amount of money that adds to your value is a huge factor in what type of upgrades you should choose. 

Getting a property Leased and keeping the tenant for the long term is the Key to Success. Our average for homes is 24-28 months per tenant.

Getting it leased is an average of 18-30 days with our unique Marketing System. Get Success with our Property Management System

Call me (Brett) 216-703-5740 Key Realty and Property Management Better Management creates Exceptional Results

There's a lot of real estate out there for sale and there's a lot of people talking about you buying their real estate or their system. But do they really know what they're talking about? 

I see one set of videos that talk about different areas that are totally completely different in the way you do business there and you need to know what that city requires especially in the Cleveland metro area.

The Home I'm standing in is getting another bathroom in the basement installed. That will get more rent and it's in a great area I have , the property just down the street I purchased.

after 1200+ properties I've seen about everything I can see with real estate and how you can profit from it or lose from it. Just because it looks good on paper doesn't mean it is

Get experience they completely changes your real estate profits and income through the life of your property.

Please call me​ (Brett) 216-703-5740 Key Realty and Property Management you can also WhatsApp me at the same number

Go to https://realincomeproperties.blogspot.com/ and see our results 

Click here to see the Newest Edition 

Top Story : Creating Income from Real Estate isn't as easy as?

Why I changed Brokerages (Serve my Clients Better)

FREE info on our Low Stress Real Estate Services

Name:

Email:

Discription:

We respect your email privacy

Powered by AWeber Email Marketing