Buying homes at Ridiculous prices smart?

I recently flew up to Cleveland Ohio to look at some new areas. Tim my realtor in Cleveland had been looking at some new areas for me and my investors to purchase in. There were two areas we looked at. West Cleveland and the East side of Cleveland (not east Cleveland).

The west Cleveland area homes had some great looking neighborhoods. The homes purchase with the fix up needed would be between $25,000-$30,000. The rents were $800+ a month and the homes were worth around $65,000. These homes are gems and are easy to rent. I really appreciated the size of the homes in this area. This area had my generous support and we sold 3 immediately. Check out the area in this Video

The East side of Cleveland prices were considerably less. These homes would run you between $15,000-$18,000. The rents range $550-$650 a month and the homes are worth around $40,000. The neighborhoods are not as nice as the west Cleveland homes but they do cost less. The neighborhoods are pretty nice and the homes are roomy and light fix up. We have a property management that really knows that area and that is important to have with these type of homes. Check out the area in this video

I think these type of homes create a great cash flow that will grow in the future. Cleveland has a great inventory to choose from. On top of the great selection we also have all the tools set up for our success. Construction, Property Manager, Realtors, and other maintenance people. We gage all areas for rents and values. Having 70 properties on our resume there (450 overall) gives us great insight on property values and rents. So Ridiculous prices can mean riches for you as long as your part of a Rooftopprofitmax team.

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Brett young
Valley Realty
Owner/ CEO Roof Top Investment
Real Estate Investment
http://www.rooftopprofitmax.com/