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Brett Young
REALTOR®
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Posts in category 'Cleveland Real Estate'

Cleveland Real estate

 

Investing in real estate is more than just a financial decision; it's a pathway to personal happiness and fulfillment. Whether you're purchasing your first home, securing a vacation property, or diversifying your investment portfolio, real estate can provide both financial rewards and emotional satisfaction.

Reasons to Invest in Real Estate

1. Financial Security

Real estate is often considered a stable investment. It tends to appreciate over time, offering the potential for long-term wealth accumulation. Unlike other investments that might be volatile, real estate provides a tangible asset that can be leveraged for future financial stability.

2. Passive Income

Owning rental properties can generate a steady stream of passive income. This additional revenue can ease financial burdens, fund leisure activities, or be reinvested into other ventures, all contributing to a more fulfilling lifestyle. (We have property management that gets you the income,).

Tips for a Happy Real Estate Investment
Know Your Goals

Before diving into real estate, clearly define what you want to achieve. Are you looking for a place to call home, a rental income source, or a long-term investment? Your goals will guide your decisions and ensure your investment aligns with your personal and financial aspirations.

Key Realty Gets you there Faster with 1200+ homes already under our belt.

Research Thoroughly

Understanding the market is crucial. Research different locations, property types, and market trends to make informed decisions. Consider factors such as proximity to amenities, future development plans, and neighborhood safety. Location, Location, Location is everything in Real Estate. 

Budget Wisely

Set a realistic budget that includes not only the purchase price but also maintenance, taxes, and unexpected expenses. A well-planned budget minimizes stress and ensures your investment remains a source of happiness rather than anxiety. (we handle all that for you). We get your property inspected and get a detailed quote before closing)

Seek Professional Advice

Consult with real estate agents, financial advisors, and legal experts to navigate the complexities of property investment. Their expertise can help you avoid common pitfalls and maximize your investment's potential.

Conclusion

Investing in real estate offers a unique blend of financial opportunity and personal satisfaction. By setting clear goals, conducting thorough research, budgeting wisely, and seeking professional guidance, you can ensure that your real estate investment is a source of happiness and fulfillment. Embrace the journey, and enjoy the many rewards that real estate has to offer. Getting a professional with 1200+  properties under their bely gets you better results 

 

Get going today Contact Brett 216-703-5740 Key Realty and Property Management 

https://realincomeproperties.blogspot.com/

 



 

 

 

 

Click here to view Before Pictures

Click Here to View After Pictures

This property was purchased in August 2021 for $95,000. We added $13,150 in rehab for a total of $105,150.

We leased this property in Sept 2021 for 16 days for $1250 a month . This is the only tenant for this property and they are still there today 42 months later. No updating on this property going on 4 years which lets the income roll. 

Let's look at the approx net rents that were deposited in this client's bank account so far.
 
2021 $  1750
2022 $10,705
2023 $10,362
2024 $10,696
2025 $  1,125 (Paid Property Taxes)  
 
Total deposit in Owners Account $34,639
 
The Approx Equity adding a bathroom and updating  ($20,000) is Approx $175,000
 
$175,000 + 34,636-105,150 (paid and rehab) -20,000= $84,486 Approx profit 
 
That is approx 23% return on their investment. 
 
Currently has a New Tenant/Owner since Since Oct 2023 let's look at the New Numbers 
 
Lease $1450 a month Tax $195 Insurance $60 PM $125 Net $1070 or $12,840 a year 
 
Need properties that perform like this one? 
 
Contact Brett 216-703-5740 Key Realty and Property Management
 
99.5% Success rate and 1200+ properties and Counting  
 



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