How do you evaluate potential real estate partnerships?
This property was purchased in February 2019 fpr $60,000. Since that date the property has had only 3 tenants. This is the 1 yr anniversary of the current tenant.
This property has produced excellent income to date over $60,000 has been deposited in this owner's account. The property has a lot of equity to boot. The property today with a few updates is worth approx $185,000-$190,000. The rents started at $1250 a month and are now up to $1600 a month. This is a great example of how we have been a great partner for this investor. Need a great partner in your real estate needs? Contact Brett 216-703-5740 Key Realty and Property Management Mega Million Dollar Producer and Award Winning Realtor 1200+ Properties and counting Go to https://realincomeproperties.blogspot.com/ to view what our clients make with our real estate Need Property Management? Go to https://pmohio.org/ Go to Clevelandincomerealestate.com for my Blog
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Cleveland Metro is #2 Undervalued U.S. Housing Markets
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Buying Real Estate as an investor has a lot of moving parts and one of them is cost and how good the property produces.
Cleveland Metro can be a great place to do real estate if you have the right partners.
Here is a article from https://realestate.usnews.com/
Cleveland was #2 to 19.1% undervalues for home prices.
"For our rankings of overvalued and undervalued markets, we look more closely at local per-capita incomes instead of household income, as that's often considered a better measure of an area's wealth. An undervalued market is one in which local households spend far less on housing costs as a share of income than the national average"
This basically means that a lot of people in Cleveland Metro incomes and expenses. Not just a little either a lot according to this report.
Over the years and 100's and 100's of properties that we have purchased, and just living here myself costs are much less.
Understanding the markets and properties that fit that mold and will make the best returns is why we are a great partner for your success.
Get successful professionals on your team to choose the best properties and do 100% of all the details needed to get the property producing the most income for you.
Contact Brett 216-703-5740 Key Realty and Property Management
Mega Million Dollar Producer and Award Winning Realtor 1200+ Properties and counting and a 99.5% Success rate
Go to https://realincomeproperties.blogspot.com/ to view what our clients make with our real estate
Need Property Management? Go to https://pmohio.org/
How to be successful in Income Real Estate
Buying Income Real Estate is just the beginning. You need a partner to keep your property Humming..
That is all we do is keep your property moving! We had 20 Applications in just two days..... Getting the best tenants at the top rents is all we do.
Mega Million Dollar Producer and Award Winning Realtor 1200+ Properties and counting Contact Brett 216-703-5740 Key Realty and Property Management Go to https://realincomeproperties.blogspot.com/ to view what our clients make with our real estate Need Property Management? Go to https://pmohio.org/
