Wednesday, December 28, 2011

Checking out our neighborhoods

Every City has Great, Good, and Bad areas! Check out this video to get all your information on our great city.



This is the home I was standing in front of in the previous video In Euclid Ohio Great Neighborhood that commands $950-$1100 per month in rent and generates $600+ a month in net income.


Another Home in Euclid


Here is a home in West Cleveland This area commands $800+ in rents. They have great neighborhoods and rent quickly. The cash flow is $550-$600 a month.


This Video is on Cleveland Heights another great area in the Shaker-University height high school area. The rents are $950-$1100 and a net cash flow $600+ a month. Great area and quality tenants. Close to John Carrol College.


This Video is of Bedford Ohio Great neighborhood it demands $950 and up in rent. Great Area and Neighborhood Nets $600+ a month.


Sunday, December 25, 2011

A Christmas Thought this year


A Christmas thought this year.........

I really thought about not writing anything for Christmas but I'm flying high in an airplane and got enthused. This is not a anything about Real Estate it's just a story for Chrismas.

There are families together today and enjoying egg nog and opening gifts not thinking of anything bad. Wow don't you wish everyone was like that every day of the year? Why is that not the case?

Maybe after Christmas people should make a New Years resolution to get happier in 2012. Learning to be happier with where you are today effects your future plans and ambishions. Being in business, I understand that there are highs and lows in life, but if you really look at things you're probably doing ok.

I know I need to work on being happier, and I'm sure most everyone else does too. Make a decision or New Years resolution that you will do what you need to do to move forward with your dreams, but be happy and enjoy the moments while your getting your dreams fulfilled. Doing that will heighten your dreams and your plans will be more successful. It sure worked for me.

Challenges with your dreams is a time to learn, and to move forward. Christmas teaches us to be kind to other people, which is really a great thing to do all year long.

I am inspired by my brother. He was hit by a drunk driver in 2005 and is now confined to a wheelchair. I'm amazed how he still enjoys his life ,even with all that he has to endure; many trips to the doctor and hospital. He still trys to keep everything in prospective, and enjoy's everyday he has with his family.

The lady that hit him obviously was not a happy person. Her dreams are over and really so are my brothers'. Her unhappiness effected not only her, but my whole family, especially my brother's wife, son and daughter. My brother was a cop. his dream job. The woman who changed my brother's dreams forever is spending 15 years behind bars, all because she didn't have dreams and enjoy her journey through life. Her unhappiness didn't just effect her, it effected others.

So after Christmas make a New Years Resolution to go after your dreams and ambitions, but make sure you enjoy every minute of the journey. Make everyday Friday! Life is Short as Caribou Coffee says. Merry Christmas and Happy Holidays! I'll get back to Real Estate next week.

Brett Young - Rooftopinvestment.com

Sunday, December 18, 2011

Cleveland in this Economy


The city of Cleveland in Ohio is one of the most populated counties of the state. The city has always enjoyed the reputation of being a great place to live in since it has a good infrastructure in terms of education, health facilities and employment. The region has a diverse economy spanning over a population of almost 3,253,000

I was talking to a broker in Phoenix Arizona this week that ask me about Cleveland's economy? I then realized I had not written an article on the economy in this area.

The area is loaded with industry and great companies. The first one we will mention is Progressive Insurance, they have their main corporate head quarters in this area. They employ thousands of people in this area.

Another big employer is Cleveland Clinic, in thier main campus they have their own police force and private air strip. Princes and other big people have their privacy protected in this private airport. In fact they are doing a $400 million addition to their faculty. They have many other campus's around this area. They Employ Thousands of professionals and are world renowned.

Another big hospital is University Hospital they just built a very large campus near Beachwood which is a suburb of Cleveland. They also have many other campus's around the city. They to emply thousands of professionals.

Their is also a large Ford plant here, they build the Ford Taurus there. They are also going to add over 600 new jobs after their addition is completed. They will be building transmissions for a new line of vehicles they are coming out with the new addition.

Cleveland also has a large steel plant that is adding over 650 jobs to it's employment. Solon another suburb has a large Stoffer's Frozen food plant that employs a lot of people. Other industries to mention is Nestles, Cargill, Alcoa, Hyundai parts plant, two large Cheese Factories, and great shopping.

The area boosts 25 Universities and Colleges including Case University, Kent State, Akron, Cleveland State, and John Carroll to name a few. They to area great employer to the area.

I sure I've missed quite a few other employers in Cleveland Ohio. The great thing to know is that unemployment rate is at 8.5% in November 2011, the national average in November nationally was 9.6%, so jobs are coming to Cleveland area.

With the new look of this city and the great boost in the economy makes Cleveland a great place to work and live in! Brett Young Rooftopinvestment.com

Wednesday, December 14, 2011

Look at these updated homes

We are doing dome great cash flow homes and I wanted to share some of the homes we are currently doing. Also remember we have that 6 months free Property Management if you purchase a home this month. Click here to see the Cash Flow Credit.

These homes will net cash flow $600+ a month in income. That's a 14%-16% return on your rental income. It does not include your equity in the property.

We specialize in finding the highest quality properties for our investors portfolio.

Check out these fresh update videos





Sunday, December 11, 2011

Winter Times are always good


People seem to think that renters take the winter off. They don't, in fact we've had 4 new tenants this week. Yesterday we had 5 appointments (27 for the week) viewing our properties. Having a great marketing machine for new tenants helps Rooftopprofitmax have a great winter.

Remember people are always needing places to live. Their are a lot of people who need rentals. With the way the mortgage market is the client base has grown larger than ever. That means higher rents and faster turn around.

We have also noticed that people are looking to start out the new year in a different setting. We had a family just lease option a home in Bedford. They just had their new baby and were ready to graduate to a home. They are very excited and are moving in LinkJanuary 1st. Companies always give this time off, what a great time to move!

Rooftopprofitmax agents are busy showing a lot of Rooftops properties. Lori has a potential client that is looking for a lease option (tenant buyer). She has looked at several properties and will be finalizing one very soon. Ed and Meshow also are working with several clients that are still making up their minds on some rentals and lease options. My point is that the market is always active. Not everyone is going to Holiday parties.

Winter times are always a great time to buy real estate and get tenants in them to make great cash flow. We average 14%-22% on our rental returns. We have a 4 bedroom 2 bath home in Euclid that will cash flow $700+ a month. If you would like to see it click here.

We also a great gallery of homes that we've done to view also. It's a brand new website Rooftopvideos.com Click here to see it! So remember that Winter is a great time to invest in!
Brett Young Valley Realty

Thursday, December 8, 2011

6 Months Free Property Management

Get the Great Holidays Wholesale Real Estate Buys


Buy a Home this year and get 6 months free Property Management next year. Want to make 13%-18% on your money???? Want an extra $7200 a year? Look at our great system that buys homes directly from the bank. This Video was taped at an actual ongoing property we are currently working on.




Sunday, December 4, 2011

Holiday Shopping


A lot of investors seem to take off the holidays from investing. That probably is not a great Idea. The less buyers the better the buys. http://www.blogger.com/img/blank.gif

I have personally been investing for 26 years and know that during the holidays there are some really great buys. You have a much better chance of getting these properties during the holidays. I personally made $75,000 in one December, because I was still looking for the best deals. Real Estate investing isn't an 11 month event, it is a 12 month event.

Think of real estate investing like you do with after Christmas Sales. That time of year is always more affordable than the rest of year and during the Christmas Season.

Real Estate today is really affordable because the banks do not want to lend to investors. Some people think that is a negative, when really it is a positive. Remember you can use your IRA to invest in real estate also.

With the way the stock market goes during the Holidays (up) you may want to cash your IRA in a Self Directed Ira. This allows you to purchase Http://www.blogger.com/img/blank.gifchase real estate through your IRA without penalty. Rooftopprofitmax.com make 13%-21% for our investors in yearly net rental income.

For a $40k-$55K investment we can generate you $500-$1100 per month in net income( after insurance,taxes, and property management). That's $6,000-$13,100 per year income to your IRA. That's what I call getting to retirement earlier!

So when your going to the mall or Holiday Party don't forget the great buys investment real estate deals you can get in December. Our gift to you is a great Cash Flow Credit Special. This will help maximize your net profit for the first 6 months of next year Click here to view it. Brett Young Valley Realty

Wednesday, November 30, 2011

Cash Flow Credit



With the Holidays here, and the New Year close at hand, Rooftop wants to fill your pocket book with a Cash Flow Credit.

Here is how it works: We pay your first 6 months Property Management Fees. That's right, you will not pay for any property management for the first 6 months of next year!

The only catch is, you need to buy the home now! We have a full selection of homes. Real Estate investing is often forgotten during the Holidays. That means you can get better deals. I have personally gotten some of my best deals in November and December.

So, not only will you get a great buy, but you will receive a Cash Flow Credit from us! We pay your first 6 months Property Management!

Contact us today to get started! loriyoung8@gmail.com

Watch the video below and get all the details about our properties!





 

 

Saturday, November 26, 2011

Football and real estate


Football and real estate

If you are a football fan you either have a winning or losing team. You proably could wager a bet for your team if they were a winner. I doubt you'd bet if you had a losing team. I know people who do but their not very successful.

If you want to be or are a real estate investor you need a winning team on your side. Winning is everything in real estate. Having a team that will find the best real estate available is a must if you are investing your hard earned money. A lot of companies say they know investment real estate, but do they have a system?

Rooftopinvestment does just that we've created a system that looks at spreads, quality areas, rental rates, taxes, and of course our investors net cash flows. Our systems help ensure our investors have a 15%-18% rental returns. That is not counting the equity position just the rate of return on your rent.

The other part of a winning team is keeping your investment in budget. We have a 99% success rate on keeping our investors projects in budget. We've done over 100 properties in this area and 600+ all over the united states.

Keeping your investment in budget is a huge bonus. We use licensed and bonded contractors to rehab our projects. All our homes are inspected by us and our property management company.
In the Point of Sale areas all permits and city inspections are done. This ensures 2 things, that your home was inspected and permitted through the city.

We also turn on your utilities, help you with your insurance, and help you lower property taxes with our legal team. We also have a private property management team. We collect over $1,000,000 in gross rental receipts.. The other important factor, we do is market your property to ensure it gets rented or lease optioned quickly and stay that way.

Our marketing system is state of the art and we have a full staff of people to show and close the deal. We have a strict background and credit check on your potential tenant.

The last thing you need to remember is the maintenance of your property. This can be costly if your not with the right team behind you. Our team keeps your property maintained at a great price. Remember when you buy with our team your with 100's of other properties that we manage. This helps us get you the best prices for your repairs.

Having a winning team Rooftopinvestment on your side helps your investment to produce a more consistent monthly cash flow. Check out some of our homes at rooftopvideo Brett young Valley Realty

Saturday, November 19, 2011

The top 5 reasons to buy with Rooftop


The top 5 reasons to buy with Rooftop


1. Rooftop Profit Max has the strictest standards. We look for the best investment homes on the planet. These homes cost only $35,000-$50,000 total with rehab and rent for $800-$1200 per month, and cash flow for $500-$600 net per month. That's an 18% return on your money. Wow!

2. Our recommended location, the Cleveland Metro area, has the only Point of Sale area in the United States. This keeps areas pristine and makes it easy to get top rents. Check our this area below.


3. The Rooftop Profit Max team are experts! We collect 1 million dollars per year in gross rent and lease option payments. Rooftop Profit Max is one of the fastest growing investment real estate company on the planet. Our investors get the best investment real estate in the market. Check out one home we just finished.

4. We offer a complete Turn Key System that includes everything -

A. Expert agents to find your investment home.

B. Utility turn on.

C. A private low cost maintenance crew

D. A state of the art marketing program that keeps your property cash flowing.

E. A private construction company

F. An insurance agent to save you money on your home and affordable legal help to assist in every business matter including lowering taxes and setting up an LLC, etc.

Rooftop Profit Max takes care of everything for you at very affordable prices! Making money with real estate requires a great team and we are here to help!

5. We make it easy to get into the cash flow game. Rooftop Profit Max makes our client's monthly income! We average 15%-20% net return on rent! And that's not counting your equity position!



Rooftop Profit Max strives to be your #1 solution for buying investment properties.
Sign in below to get started in the most exciting time in real estate investing!

Click here to Start Cash Flowing

Tuesday, November 15, 2011

Look at a great investment property



Want to create wealth in this economy? We have the system that can create $6000-$8000 a year in net cash flow (including taxes,insurance,and property management). The dirty little secret is these homes are as good as it gets.

We comb the areas and catch the best deals in this market. Rooftop does not mark up our homes, you purchase them directly from the bank! Our philosophy is that the client deserves the best deals and cash flow on the planet!

Our system really is for you the investor, we believe that you deserve the best service and monthly cash flow checks. So if you want to tap into the best market in our time, take a look at the video below and consider the future with Rooftopprofitmax.



Sunday, November 13, 2011

What real estate market is the best?


What real estate market is best? To me, this is an easy question. I definitely favor the Cleveland Market. Rooftop make 15%-18% return for our clients on their rental income in Cleveland. Let's look at the information on the Cleveland Market and then you can compare your market with our pick.

In Euclid, we buy homes in the $22k range. With rehab the final cost on these homes run $45,000. (I attached a link to a Euclid home we finished last month Click here). These homes lease option or rent very quickly. This home rented before we completed it. The rent is $950 a month. With taxes,insurance and property management, our client net cash flows $575 per month or $6900 a year. That's a 15% return just on the rent. These homes are valued at around $70,000-$75,000, so they also have a great equity position also.

All Rooftopinvestment areas are very similar to the last example.

The Second thing you need to look at is the area and neighborhood. Your home can only stay rented if the area and neighborhoods are nice. I see a lot of cheap homes in awful areas that get rented, but after your first renter, it's hard to get new ones. Click here to see one of our neighborhoods.

The third thing your should consider would have to be the maintenance. For a cash flow property, this may be the most important issue you should address before buying. I've talked to many investors that bought investment homes and have no clue who will manage or maintain their property. You must have quality in order to get checks every month. Rooftop has a giant maintenance team that gives our clients very reasonable cost on their properties. All quotes have to come through our office to be reviewed before they can start work.

So when your looking at each market, look at the numbers and the future of your property. Remember, you need at least a 13% return on your property in this market to make it worth your while. That's why I moved 3200 miles to Cleveland, I believe that Cleveland offers the best deals. Brett Young Rooftopvideo

Wednesday, November 9, 2011

Look at a great investment property



Want to create wealth in this economy? We have the system that can create $6000-$8000 a year in net cash flow (including taxes,insurance,and property management). The dirty little secret is these homes are as good as it gets.

We comb the areas and catch the best deals in this market. Rooftop does not mark up our homes, you purchase them directly from the bank! Our philosophy is that the client deserves the best deals and cash flow on the planet!

Our system really is for you the investor, we believe that you deserve the best service and monthly cash flow checks. So if you want to tap into the best market in our time, take a look at the video below and consider the future with Rooftopprofitmax.



Sunday, November 6, 2011

Cash Flow is misunderstood


I have traveled and looked at a lot of different markets in the United States. The term "cash flow" is used by a lot of experts. The bulk of them think that $200-$400 a month net cash flow is good(residential real estate). I personally believe in 15%-18% returns are needed. Lets look at why $200-$400 is not always good.

I believe that you need at least $450+ net cash flow a month to make great income on properties. The reason I say that is the maintenance and quality of tenants your property attracts. For example if you have a multi plex your turnover in tenants may be higher than a home. I know that is true in my company. Tenants stay an average of 18 month in a home. That means less maintenance and more cash flow. That means you have more cash flow with different types of properties.

I mentioned this before but it's worth mentioning it again, air conditioning is going to be a big cost if you need a new one. That is why I like the Cleveland area, most properties do not have central air in the home. That means less maintenance.

Cash Flow is not just the difference between your fixed costs and income. Properties vary a lot by what you have to keep up. You need to keep in mind that you will have maintenance and that cost can cost you a lot of cash flow. My system protects my investors from those high cost maintenance issues. We have a large network of people that work for us and give us great pricing.

Another consideration is if your buying one or two properties remember that your cost will be higher in maintenance, because you are not going to have steady work for those maintenance people. Bulk is always cheaper Rooftopinvestment.com has taken care of that for our investors. We have 145 homes and we give our people steady work. I personally watch all the cost put into each property.

Couple examples that I have noticed is we needed a new roof on a clients home. We have a vast menu of roofers and we get 3 quotes. One Roofer came in $1000 less than the other two. That saved my client a lot of cash flow! We also have a HVAC company that gives our investors preferred pricing, and that saves a lot of cash flow for our clients. It was almost 33% off retail prices. That's saving with bulk! Remember even if our clients only have a few homes they are in our 145 property network!

So when your ready to get into the cash flow game consider what that really means.....Brett Young check out some of our videos at Rooftopvideo.com

if you want more information Click here

Friday, November 4, 2011

Real estate just got more affordable

Check these 3 great homes and look at the cost! These videos will show you 3 great homes in 3 great neighborhoods. You will not believe the price of these homes. Better get investing!






Check out the downtown area



Sunday, October 30, 2011

Dealing with details makes you money




Making money in real estate requires a lot of detailed work. Example: We had a basement repair that was needed in one of our properties. I got a quote (from one of our contractors) which I thought was high. The contractor sent me the quote and I carefully examined the details. I called the contractor back and ask him if we could do the repair another way that I had done before. He said yes, and it saved the client 60% of what it could have cost.

The Rooftopinvestment system deals with a lot of the details in cash flowing properties. We carefully check the properties and have crews that cost a fraction of the price on maintenance issues than the regular retail maintenance people. Another example that I can give is the price on heater we get our clients. Usually this is taken care of on the initial rehab, but we get prices that save our clients 30%-50% of retail cost on the same heater. That saves our clients a lot of money!

Maintaining your property is a must, but so is cash flowing. These two things go hand in hand with each other. Doing over $1 million dollars a year in rent with our investors, allows us to get them better deals.

Another detail I want to talk about is buying the property. We've purchased over 130 homes in the Cleveland area and I've purchased over 600 homes. That makes us more likely to get you a better deal. Example: Realtors see our contracts they recognize our company. Why would that be important? We close our deals and they know that and they can tell the seller they have dealt with our company and have had great success with us. Other offers have people on them that they do not know. This allows us to get the better deals for our investors.

There are so many other details that helps investors to be successful. Knowing them can make you a lot more money in the long run. Brett Young Valley Realty and Rooftopvideo.com

If you want to get more information Click Here

Check out our new Video.......

Sunday, October 16, 2011

Two Bedroom homes cash cows?


Not many investors think of two bedroom homes being a great investments. There are a lot of empty Nester’s in today’s market(older families were the kids have grown up and left). There are also people looking to downsize their living area because of finances and kids just growing up.

I know our company purchased a two bedroom home for a client in Bedford Ohio and leased optioned it! We got $800 a month rent for it! Check out the home in this video.


These homes are less money and they cash flow great($450-$500 net per month). They are very easy to rent or lease option in the right areas. In the Cleveland area we can get one done for $30,000 to $35,000 purchased and rehabbed. These homes are in great neighborhoods and usually are in high demand.

So if you want to maximize you cash for investment properties, consider buying some 2 bedroom homes for your portfolio.

Remember to check out all your options in this ever changing real estate market. Everyone in the market for real estate have different needs. Filling those needs can make you a lot of money. Brett Young Rooftopprofitmax

Sunday, October 9, 2011

Understanding the total investment formula


There are a lot of real estate investment opportunities in this market. I've personally bought or sold 600+ investment properties in my career. I think that a lot of real estate investors should consider a lot more then just buying the right property. They should also consider the life of their investment property.

The life of your investment property is crucial to making money in the market place. Your property needs to produce cash flow every year. It also needs maintenance,property management, and marketing for as long as you own it.

Investors need to consider this when they invest. They need to be with a company that understands their goals and strategy in today's market. Rooftopinvestment.com has been doing just that for 5 years and their CEO Brett Young has been doing it for 26 years. We help our investors through the life of their investment real estate.

Just this weekend we needed to address a few maintenance issues on a few properties. This type of service keeps your tenants happy and giving you monthly cash flow.

The other issues are the maintenance cost and being with a company that understands what cost should be. Doing over $1,000,000 a year in gross rent allows us to get the best deals for your property maintenance. We have a full time staff that gets all our work as long as their cost stay in line. Investors understand that maintenance is an essential key to great cash flowing properties.

You also need a company that puts the client first not profit. Our company is committed to your success, and every property goes through a rigorous screening and has to fit all our parameters in order for us to recommend a property.

For example our realtor, property manager, and construction teams are consulted on every property we purchase. If one does not like it then we look at that problem and make a final decision on that property. Even if they do like the investment we still take a close look to make sure it fits in our turn key system.

Remember we want you to buy many investment properties with us and for that to happen every property we purchase needs to make your portfolio great cash flow and fit your needs not ours.
Check out our Rooftopprofitmaxsystem and see the way we do business. Brett Young Licensed Realtor

Sunday, October 2, 2011

Living in Financial Freedom


I'm always hearing how bad things are on the news, and I do agree that we are in a recession no doubt about that. I also think that you can make gold in this economy.

Our companies new website Livingwithnomortgage is made for the person who wants to make gold in this economy. We have set up a system that will allow most people to live without a mortgage.

Say you want to start that new business or travel more, what is usually your biggest expense? Your home in most cases. We have great areas to buy in and will be adding new ones soon. Our current crop of properties cost $45,000-$60,000. That includes all rehab on your property. These homes are 3 bedroom -4 bedroom homes. The schools and neighborhoods are pristine.

Coming soon will be homes that have great Lake Erie Views. These homes will have their own docks that come with them, and great private beaches you can entertain your family and friends in. Lake Erie is the 12th biggest lake in the world. it's so big that it looks like the ocean! Imagine getting up everyday with those types of views to enjoy with your morning coffee and catching your evening dinner.

Cleveland also offers a lot of amenities like snow skiing (10 minutes from my home 27 runs), Culture via Little Italy(tons of great restaurants to eat real Italian food in), Play houses, and great downtown fun. Cleveland also offers up all three professional sports teams.....Indians,Browns, and Cavaliers. Last but not least a limitless supply of festivals that you can attend, Strawberry, Pumpkin, and Barbecue to name a few. There are also many other things to do here.

So look at what you can get in today's market that is Gold, and live your dreams out even in this economy! Being financially free may be easier today then you think. Brett Young Valley Realty

Sunday, September 25, 2011

The quick money in real estate


I might make this a series on what stuff I see for sale in real estate investing on TV. This week I happen to see a guaranteed real estate return via buying tax certificates.

Let's start buy looking at is it guaranteed rate of return. Yes it is true the rate you bid and get you'll make at the end of the certificate. Why isn't it always the best thing to do? The ad claimed 16%-21% return which in some cases could be true. Usually though there is a bidding process that you need to go thru in order to get your rate of return. Basically you bid on what your interest rate that needs to be paid at the end of the certificate.

For example if you win the bid say for 18% and the amount on the tax certificate is $2200(it varies from state to state). The tax certificate you buy is what is owed in back taxes on a particular property. So when you win the bid an agree to the interest rate you have to pay $2200 in this example for the certificate to the tax authorities immediately.

You will get paid the 18%(usually this rate is a lot less), but not til the certificate is paid for by the owner. That could take a while, but you will not make anything unless the owner pays the back taxes. When they do they must pay the back taxes and your interest rate. That is when you will be paid your interest on that tax certificate.

If they don't then yes you do get the property. This does not usually happen though, but what if it does???????

If you do get the property which is rare, you are on the hook for all the properties liabilities. For example say you get a home. The home was also used cooking meth, the EPA has added a $50,000 clean up bill in order for the home to be livable. Your on the hook for that bill, in fact the EPA will probably knock on your door and personally hand it to you. You could owe thousands in utility bills. Basically everything that property encumbers your on the hook for. So getting the property is not always the best thing. You need to do research on every property you bid on.

Their is a lot to buying these type of certificates and I highly recommend you find someone in that type of business to help you if this is what you want to do.

I personally like buying the real estate and going through escrow. This is the safest investment for real estate investors. With prices as low as they are today why not go the safe route? You can take a look at homes we buy for our investors at Rooftopvideo.com.

I also believe my system is the safest to buy real estate with. Look at our system at Rooftoppofitmaxsystem.com . Brett Young Valley Realty

Sunday, September 18, 2011

How long will this market last?


I'm often ask when will the real estate market turn? Great question and I'm going to do my best to answer it in this blog.

The answer I believe is lending. People need to be able to get mortgages to buy homes right? Remember all the different loans they used to have to choose from? Interest Only, Buy Down, Stated income, Straight 30 year, 15 year, no doc and many other different types.

These types of mortgages would stimulate people to actually look for properties they could buy and know that they could get the money to do it. So to me that is the answer lending must to be more available. I not saying they need to go back to those bad loans, but lending needs to be more available. They could set up 4% down-10% down-20% down deals that would help people buy their own homes.

With the economy and job market the way it is it may take a while for that to happen. The great thing about real estate is people need a place to live. Even though they may not be getting a mortgage they still need a place to live.

That is why we are doing a lot of lease options for our investors. We are finding that people still want to buy real estate and own their own home. We require $1500-$2500 down, we also get a credit check to know how long before they can re finance the home. We base the length of time of the option on that data. For example if their credit report says it will take them 12 months to get their credit repaired, we give them 12-18 months on their option. A Lease Option will get you top of the market price on your home, and the optionee will pay top rental rates for the property. No realtor commissions at when you close your property. That saves you thousands of dollars. The monthly cash flow on our properties averages $600 net a month or $7200 a year.

We do have a website set up were you can see these types of properties www.Rooftopvideo.com . Go check out some of the properties we are doing and have done. This site is jammed packed with great information for you the investor! Brett Young Valley Realty

Sunday, September 11, 2011

Can you Learn Investment Real Estate in Three Days?


I always look at the different types of real estate courses that are offered in the market. I noticed one that claimed to teach you everything over a weekends retreat. That is just 3 days to learn how to do basically do everything......

I've done over 500+ homes for myself and investors, so I think I can speak as an expert on this matter. Their are so many facets in this business that have everything to do with if your going to make money in real estate in this market.

I'm going to give you a few examples that I've run into. I had an inspector in one of the cities that we rehab homes, that did not like investors. In fact he informed me it would be a very rough inspection. He wasn't kidding either..... We did get the home done on budget and time. The most important thing in this matter was we knew the city building codes and that was very important in this case. We dealt with the inspector in a very professional matter, but let him understand we know the codes. If we didn't it may have cost thousands of dollars more.

How much should it cost to ground an electrical panel? Sounds expensive doesn't it? We also had to get a Permit from the city on that. That meant we had to be licenced and bonded with the city. Prices vary, but knowing what it cost will help you not to be taken advantage of.

Another important issue is knowing whet type of property are you looking at. Rental, Flip, Lease option. Land contract property? What are the differences that you need to know to make an informative decision. What type of paperwork is needed to get the rental, Lease option, Land Contract done. Who does that? Who Picks up the your checks if you need that? What are the evictions laws? What are some things to look for in a potential tenant-buyer?

These are just a few things you will need to know to be successful in the real estate business. Seasoned investors know how to handle all aspects of these types of problems and paperwork.

So be very weary of learning everything over a weekend retreat. I'm not saying that is not a great place to start, but be careful. Look at the charges. Getting with the right company that knows what their doing should not cost you an unreasonable amount of money. Remember you can buy your own investment property for what some of these companies charge.

One last thing look at how much is it going to cost you to get a property. Most courses do not offer actually buying a investment property. That is why I set up Rooftopinvestment. We help you buy investment homes that make sense at very reasonable fees. Brett Young Rooftopinvestment.com

Sunday, August 28, 2011

Understanding the today market



I talk to a lot of so called gurus in this business and read a lot of articles. Their are many ways to invest in real estate and be successful. the key to your success is using the right formula for the market today. In the last 4 years the market has got much tougher and harder to navigate.



I always look for the quickest and best ways to succeed in every market. In 2004-2006 it was flip baby flip. The homes were being bid up over the asking price. In North Scottsdale the homes were going for more than the appraisals. This of course did not last and people lost their shirts in that market. We tend to focus on the massive wealth created but there was massive wealth destroyed also.



When the market stopped being a flippers market it starting being a buyers market. That means more homes than buyers. Since 2007 the market has been a buyers market.



Fast forward to today and you have a very low cost market. Prices have went down and their are some great deals out their. I have focused on the lease option market. With better than 1/2 of the buyers having bad credit the lease option was a great way to get those buyers to purchase. With a good down payment and great cash flow you can get close to the top of the market for your home.



You are really acting like a bank and they are your clients. In my area we tend to buy average priced homes and net cash flow $600 a month. We also get another $20,000-$40,000 on the spread with the lease option. All that means is the difference from what you paid versus the sales price.



Recognizing that flips are not a big part of this market and that people still want to buy homes, lease options get them homes and makes you a lot of money. Ever wonder why banks have large buildings and have great offices? They let people borrow money for a time and make interest on that borrowed money.



In lease option you play both Bank and Investor. You get the best of both worlds buy making a great cash flow(interest) and a great profit on your sale (exercised lease option). Making money in this market is possible if you understand it. Brett Young Rooftopvideo.com

Sunday, August 21, 2011

When will the Real Estate Market Turn?



Everyone is wondering when the real estate state market will get back to normal? I am often asked that very question and I also ask it myself.



There area a few variables to watch.



Have prices of homes bottomed out? I think in most markets they have. I know in the Cleveland market the prices have stayed consistent for a few years now. That probably means that the market in the Cleveland Area has stabilized (wholesale prices). So before buying watch the whole prices of the real estate your thinking of buying.



Unemployment will also be a great factor. I'm not talking nationally or small to medium sized city. The bigger cities is what you want to watch Cleveland, Phoenix. New York, Chicago Etc etc. They will have the biggest swing upward when the market turns. I know in the Cleveland area we are have an employment rate around 8%. Make sure the city your considering is under the national unemployment average.



Cost of living is another factor. What does it cost people to live in the area you are looking at. Cost of living in the Ohio area is very low. You can live in a nice home in a great area for $70,000-$150,000. The area will dictate where you spend the most.



The cost of living becomes a greater figure as unemployment goes up. For example I talk to a lot of people in the Phoenix area and they know people that have their boxes packed waiting for foreclosure. Very sad, but when your going to invest know the area and the employment will sustain the cost of living.



The last thing and I think the most important thing is Lending. The access to money will need to be loosened up for this market to turn. I not saying it needs to go back to the foolishness that they did in the big boom. The lenders will need to have 5%-20% down loans and lower the amount on mortgage for lower mortgage amounts. For example $40,000-$50,000 mortgages are hard to get. Banks have not done that yet.



A great way to get a watch the lending is to go to your local bank and ask them about the market and is it changing? I went as far as asking a small business man that I noticed changed his fast food restaurants name. It was a fast food place that I regularly frequent for coffee. I ask the owner why the name change? He informed me that even though he had excellent credit the bank would not give him any of the money he needed.



The upswing on a down market is the buys are great and the cash flow should be at least 18% or better. In my market that is the case and investors are patient with that kind of cash flow. When the market turns and it will you can decide to hold or sale. Brett Young www.Rooftopinvestment.com





Sunday, August 14, 2011

Better Know Where You Are Buying



Some real estate investment companies sell some very low priced homes that show some great returns. These property need some careful consideration before you jump in head first to buy them.



I have a potential client here from Australia, we picked him up on Friday to go some properties that we were recommending. He immediately showed a address of a property that was recommended to him(Tim is his name). We drove Tim over to the property that he had given us to see, he noticed a big drop in quality of the area. Yes he may get a great return (maybe), the problem would be the quality of tenant and the turn over of tenants in that area. Not to mention the constant rehab that will be needed to keep that property up to snuff.



That is always a bigger problem with having a these type of properties. The first and foremost is getting your cash flow consistently . The other would be maintenance of the property. That could eat up all your cash flow and be a big pain in the rear. When the market turns these types of properties tend do not sell very fast.



We had some more clients in and they were bragging how great a buy a friend of theirs got on Ebay. That is right Ebay! We drove them to the property and they too saw that it was a horrible area. In fact we had to leave a large person to guard our vehicle to even go get a peak of the property. I instructed them they would be better off to just write off the purchase.



When you are buying real estate keep in mind the area's you are buying in. There are great deals out there that get great cash returns. We have some that cost south of $40,000 rehabbed that will get a 18% return or better! We carefully pick our properties and understand what neighborhoods and schools will draw the best tenants.



Let me give you an example we have with a client. His property has been rented for 4 years and he has netted $620 per month over those 4 years. That's over $28,000 net profit. He only paid $40,000 for that property. We have many other examples but in the essence of time.



There has never been a better time to invest in real estate. Just make sure you understand what type of property you are buying and where it is.



Check out some of our properties at Rooftopvideo

Brett Young Valley Realty Rooftopinvestment.com

Saturday, August 6, 2011

Some secrets on picking good tenants


Having passion and smarts is not all it takes to a Real Estate Investor. You need to know what to know and look at on each property. You also need to know who to rent your property to.

We will be going over quality of potential clients in this post. When you have a rental property and want to have a quality tenant you need to look at a few things. The first thing we look at is their credit and background. Calling their last landlord is also a great idea. You can verify that they have been making their payments in their last property. Ask the ex landlord if they would rent to them again.

I also look at some other important details. For example I like to see their vehicle. That is not a protected class and it can tell you a lot. For example a dirty car will usually tell you how clean and tidy they are. My experience has been that junky and dirty vehicles means your property will look the same with them in it. If they have a clean car then you will probably be able to expect that tenant to take care of your residence.

Another way is to sign the lease at their home. You can really get a up and close look at the home they are leaving. Just tell them you would like to meet them for coffee at their place to get all the documents signed. This will give you a great way to see how your property will look like after they leave.

The last one we will talk about is a lease option client. Optioning your property is easy and they have to put more money down. Usually option clients make a great tenant. Even if they don't exercise their option they will probably stay their longer then a regular rental tenant because they fell more like it their home. If they exercise their option you stand to make a great profit at the end of the lease.

So there you go a few tips I've learned over the last 26 years of dealing with tenants and rental properties. There are many more that you can do, but this is a great start. Brett Young www.Rooftopvideo.com

Sunday, July 24, 2011

Get all your details done on deals


There are a lot of different things that need to be accomplished when your doing an investment property. The usual stuff is buying, closing, and getting the property ready to profit for you.

Their are other items you must consider when doing a property. For example make sure you or your contractors have the right permits. I have a home we are currently doing that has 7 permits! These must be pulled in order to get the home finished. On this particular home I had to go down and meet with the building commissioner to talk about an inspector who I thought was unreasonable. The building commissioner was a great guy and sided with me and we got the permit fulfilled! Sometimes you need to do this to save you or your client a lot of unnecessary money.

You will also need to know prices of items that go into your investment property. Example I bought a heater and the installer was really high on his work (price wise). I called him on it and explained what we were willing to pay for that installation. He agreed. Saved my client a couple hundred dollars. It all adds up at the end of the deal.

If you are an out of state buyer require that the contractor/Realtor send you videos on the progress of your property. I load all my clients videos/pics up on Rooftopvideo.com so not only can my clients see the videos, but people they know. The videos are also a great resource for insurance claims and helps with the he said she said scenario's.

The videos also help you with the history of your property and could be a great marketing tool for when you decide to sell your property (for a rental property).

The last detail I want to talk about is lawn care. Our company recently hired a yard improvement company. That really makes a difference on the look of the investment property. Especially in the summer time in Ohio. He simply puts some mulch and flowers in. Then he trims the yard and the bushes. Wow! that really makes a difference and can help your investment property really stand out from the crowd.

These are but a few things that are important in doing all the details on your investment property to make the most money on your portfolio. So remember to keep those in your mind when doing an investment property. Brett Young Rooftopinvestment

Saturday, July 16, 2011

Thinking of the life of your investment


I hear of a lot of investments that investors purchase. They get a great deal on a property and then try to figure out the details. Rehab cost is usually the first obstacle, getting reliable people that will get it your rehab done and done to your specifications isn't always easy. You must also keep it in the budget that makes sense for the property. The proper paperwork is need to ensure that they will not lien your property after construction.

You need to find the right areas to purchase in also. I personally always look at the retail, Schools, and vehicles in the area I'm considering. I do not like any boarded up properties at all in my areas.

For example Me and my clients buy in 5 different areas. They understand what the sales price, Option Price, or the rental rates in each area. We look at the taxes also in each area. All the above considerations have also been established.

Some investors get to this point, and then try to figure out they need some kind of property management for their investment. This can very time consuming and can cost you a lot of profit if your not with the right company. I would ask for references to at least see what their clients think of them. Always check to see if they are licensed in their field(Property Management).

Maintenance and upkeep are a virtual part of keeping your property healthy and getting the top rates in your area. Heaters, Plumbing, Roof, and general up keep is needed just to name a few things. Understanding the cost and keeping it reasonable is a very important component to you cash flowing. Unless you have 50+ properties you will need to hire new maintenance people for each new problem that arises. Make sure you have researched and checked these contractors out before you have a problem in that area. Understand their quality, Price and how long they take on getting items repaired.

What type of up keep cost will you have as the property gets older. Paint, windows and blinds are a few things. Keep all this in mind when you buy a property. This will cost you some money. That is why our company demands high cash flow properties with low maintenance. We have over 100 properties and make sure our cost are quality are controlled.

Keeping your properties updated at a reasonable cost makes you a great return for years to come.

One last thing make sure that your cash flow is 18%-24% on your investment properties. Having great cash flow really puts money in your account and you will have plenty for any up keep you may need. For example we just did a home that had a total cost with rehab of $40,000. Our client cash flows $600 a month net. That's $7200 a year! Wow that's great cash flow that they can bank on!

Planning for the life of your investment keeps you cash flow coming in over many years. Isn't that what is all about. Planning is a key component to your success in the real estate investment game. Brett Young www.Rooftopinvestment.com

Sunday, July 10, 2011

Worlds Greatest Real Estate Investments


Investors are always looking for the best investment real estate deals. They search the globe for properties that cash flow the best. Looking for these types of investments require time and energy, that is really the only way to find deals.

Finding the greatest investments requires a full time effort. Whether you hire someone to find your investments or you do it yourself it's a full time effort to find the best deals. Example: 58 Charles in Bedford Ohio a residential home that we had looked at 30 days prior. Liked the property but felt it was to expensive to buy at the time.

We got alert one morning that the home had been lowered to $22,000 which was a steal! We immediately put a bid on it and received it.

There were 6 other offers on the table for 58 Charles and we got it......you ask how? Our group of professionals personally called the sellers agent and followed up until we had that property secured.

Another example is 785 E 156th St. This property is a duplex. It was an estate sale and the seller knew we might like this property. They called us and we met them at the property. This property had a very high cash flow and was at the right price. We secured that property on the spot. We purchased that duplex for $20,000.

So finding the Greatest Real Estate Investments isn't just looking for them, but being their when you need to be. Some properties only available for an hour! The greatest properties go very quickly, and most investors never see them.

Yes you can find lot's of good real estate deals out their right now. Finding the greatest real estate deals is harder to do, but really makes a difference on cash flow and equity position.

I will be going over the backup system you need when your wanting to make sure your cash flow continues on your investment next week. If you want to see these properties go to Rooftopvideo.com. Brett Young Valley Realty

Sunday, June 26, 2011

Real estate is like a box of chocolates


Real estate is like a box of chocolates. There are a lot of different places that you can purchase very reasonably priced investment properties. The key is to know what is good deal and ones that are not.

You first need to know that homes versus multiplex's have some differences. As I'm sure you know multiplex's make more money per month...........on paper anyway. There are two key things to look at.
1. The quality of tenants that will be living in your property. Homes usually have way better quality of tenants then multiplex's. The tenants stay in the homes longer than tenants in multiplex's. So make sure you take that into your profit assumption. For example our company knows that a tenant stays in a home on average 12-24 months. In a multiplex it's 8-12 months.
2. The neighborhoods are important for two reasons. You get higher rents and they are easier to sale when you decide to do that.
3 You can run ads on some sites to see what rents are in the area. You can pick a property that you like and run ads for rent before you purchase it and confirm the projected rent!

Another key point to look at is the state it's in. Is it hot their? Cold? Hurricanes? Floods? Major issues that may effect your total profit and insurance cost. Just think of all the people that effected this year! Also air conditioning is a major expense, that can really wipe out your profit. I know I have a few in Phoenix, Arizona area.

You also need to look at the size of the area(I like a million plus) your buying in. Is their a steady supply on potential tenants? What is the percentage of renters to buyers in the area your looking at. For example in the Cleveland area 40% of the population rents.

The last thing I want to talk about is still the size of the area your looking to buy in. I like at least 1 million in the area and surrounding area. The size of your area will effect the cost to maintain your property. Smaller areas have fewer qualified people to do your work, that means it's going to cost you more to maintain your property and harder to find qualified people to do your work too. That's why I like 1 million or more in the areas I buy in.

Real estate is a box of chocolates and you need to make sure the one you pick has the right taste and fell for your portfolio. Brett Young Rooftopvideo.com

Sunday, June 19, 2011

Avoid the costly mistakes in real estate investing


I see a lot of investors and talk to them a lot. One of them called me this week and told me of an investor that had purchased 15 homes for $300,000(homes worth between $1,000-$5,000). They were all over the place, but most were in the Detroit Michigan area. I have drove through that area and decided to pass on buying investment real estate their.

After the investor purchased the homes he was left with finishing them. The company he was using left the deal high and dry. There was still rehabbing and getting the properties cash flowing. The areas he bought had a very high crime rate and that would add on to your rehab cost. Things tend to get stolen in those type of neighborhoods.

The other problem was the neighborhoods they were in. They were awful neighborhoods and need a lot more attention. When your looking at investment real estate make sure your neighborhoods are solid. You can do this by looking at the area or seeing the type of rents that people are paying in that area. In our area for example if a home is less then $750 a month red flags go up. That may not be all that good of area.

When your spending your hard earned money make sure you check out what that company has already done in real estate properties. I had a client fly in this week and spend a couple days looking at our portfolio(we encourage it) and the neighborhoods. He was very happy at what he saw, after seeing the areas he put a 5 bedroom home under contract for $26,500. It will cash flow $700+ a month.

Always remember that the real estate investment game takes some investigation on your part. Just because you find a cheap home doesn't always mean it's really that cheap. Check out some areas I like and see what you think? Click here to view Brett Young

Sunday, June 12, 2011

Riding on the right investment real estate train


If your looking at a real estate investment company to find some cash flowing properties, there are some things you should consider before deciding.

The first thing to look for is their track record. What have they've done and what are they doing now. Check what kind of cash flow their clients are getting. Make sure they have history in the business. In today's market you need to make sure they are adapting to it's standards. Also want to make sure they have a lot of examples to see of their past work.

The second thing I would look at is the organization itself. How big is their staff and can they handle all the properties you want. For example are they going to be able to grow and deal with all the new obstacles it brings. Our company just had a full training on Lease Options and how to sell them. We also thoroughly go through the properties and mark the upgrades and the main reasons someone would want those homes. This ensures the property will get the most money.

The third factor would be how much do they know the areas your interested in. The company you pick should have that rolling off their tongues. I had the chance to talk with another investment company and noticed that they didn't like that many areas. They had decided that certain parts of the city was not good enough for them or their clients. This type of attitude could loss you a lot of real estate that would not be presented to you. In defense their are some areas not to invest in, but don't be so critical that you miss out on some really good areas that have great deals.

You want to also make sure that they have a maintenance and construction team that sees to all your details and gets the property ready in a timely matter. You don't want a property taking to long to get rehabbed. Example on a home that needs rehabbing, even if it needs electrical and other major maintenance issues should take between 3-6 weeks tops. Our company regularly audits each home to ensure that the time line is being met. If it is not then we call the client and explain the reason why(95% of our homes get done in this time line). Remember time is money and the longer it sets the less you make.

The last thing you need to look at is the finished product. You need to physically see the property or at least pictures or video's of it. We have clients all over the world that need to see their finished product. We set up a website just for that www.Rooftopvideo.com. That site is for our clients to look at their finished property and all the others we have done and are currently doing. We like our clients to see all our work.

So if your looking at getting into the real estate investment game make sure you understand the real estate investment company your going to spend your hard earned money with. Brett Young Rooftopprofitmax.com

Sunday, June 5, 2011

Financial Freedom Act


I believe you can make a lot of money in this market. Some say this down market has a long way to go. Does it? 1 year ago 30 day late foreclosures were 16% of the market. Today it is 8% according to USA Today a story by Julie Schmit.

Her analysis says that delinquent homes are basically all down. What does that say to an investor or should say anyway, is better get going. Some people look at this market as awful and hopeless. As an investors we should look at it as an opportunity. Buying investment real estate has never been so affordable.

People need a place to live, that's why real estate is always a great investment. Real estate is really a commodity that you can purchase without any time limits. You can lease option it or rent it until the values start going up and then you can decide to sell or keep cash flowing. Like a commodity there are two things that need to happen before prices can go up.

Lending must be more available to good credit people. The mortgages have to be reasonable rates and reasonable down payments. In my opinion the rates need to stay under 8%-9% and allow buyers to put down 5%-20%. The higher rate will be OK because of the decrease of values on residential homes(the payments will still be reasonable). Homes that were $100,000-$250,000 are now a lot cheaper than the peak of the market, in some cases over 50% cheaper. The higher rates will bring in more investors into the market, that would want to get back into the mortgage game with those higher returns. So all in all a win win for the market more money more loans and better returns for lenders.

The second thing that needs to happen is the inventory of homes needs to decrease to the buyers in the market. The buyers need to have fewer options and have to make decisions to buy or start losing the good homes. Basically the days on market to sell a home will be 30-60 days at that point. In the peak of the market most homes would sell in 30 days or less. In a normal market 30-60 days is great. You say how will I know when inventory starts going down? Watch days on market. When it gets to 90 days or less the home market will definitely be on the up swing.

I know what your thinking what about the investors? What will they do when the market changes? Being a investor myself I would only say stay tuned to the market, and investors will always be in it.

I also want to share with you my new videos on Financial Freedom Act. Just click on the link and watch the different things you need to know to be a solid investor.

Thanks Brett Young www.Rooftopprofitmax.com

Sunday, May 29, 2011

Low Maintenance Investment properties


Maintenance is always a big issue when I'm buying investment real estate for me and my clients. I personally like rental homes that have no air conditioners. Those babies(air conditioners) can run you some big money.

I still have a few rental homes in the Phoenix Arizona area. You probably know that it's very hot their. In fact death can occur if their is no cooling present. So having tenants in those type of properties is a big responsibility. Keeping them running can cost you a lot of cash flow income.

If your flipping the property an air conditioner is a big cost to the construction if you have to replace it. In the Phoenix Area you needed 3-5 ton unit to cool a home. That cost could be as high as $5,000-$6,000 dollars a unit!

I have quite a few properties in the mid west. Those properties do not require central air (I might have a few window units in my properties. but the tenant has to pay an extra $25.00-$50.00 a month to have the window unit if we have to add one). I hear your question on well you have to have a heater, and your right. In homes and Duplex's the cost is 25%-40% of air conditioners.

Cash Flowing properties require you to consider all the big cost on your maintenance over the time you have the property when considering you cash flow position. In the Cleveland area we average $500-$800 per month net cash flow. When we have to replace a heater(we rebuild them if we can) it runs $2500 on average. At $500 a month net income, that would take 5 month's to cover the cost.

Let's consider the air conditioner cost at the same cash flow per month($500 per month net cash flow). That would eat up 10 months or double the time a heater would cost.

The repairs on older air conditioners are a lot more than a heater in our case. Compressors can cost up to $1200. We just rebuilt two heaters in a duplex and that only cost $785.00, the HVAC company gave my client a two year warranty with it also. That particular unit cash flows $775 per month net. So in a little over a month the units will be paid for. That's seems reasonable.

That brings up my last point. Consider your cash flow net monthly and maintenance cost on your property. If your making $100, $200, $300 a month net that could be costly in the long run. $1200-$3600 net yearly income does not cover the cost of replacing an air conditioner, and could take you years to cover the cost. Tax experts will tell you that is a tax write off, but it's still a cost and your write off is about 30 cents on the dollar on your taxes. Doesn't sound like great financial advice to me.

So when your looking at the different areas to invest in remember that air conditioners can eat up some or all of your monthly cash flow. if you want to look at some of the properties we do go to RooftopVideo.com Brett Young Valley Realty and Rooftopinvestment.com

Sunday, May 22, 2011

Videos tell you alot


I have been collecting videos and pictures for my business for a lot of years. Videos/Pictures can help you look at the property in a different forum. If you have a lot of people at the property when you are looking at it, you may not see everything during that time. The video will help you see it all again at your convince and pick up on some things you may not have seen before.

It's also a great place for history of projects you've done. I remember at one seminar I personally ran a video of some neighborhoods I liked. I noticed a great attention from the crowd on that video. It worked I sold 6 properties that night.

I also created a website for my videos. This site allows you to look at some of the properties we have done. It also allows my clients to always have a place to see their properties. They can also view some other properties in different areas that may interest them. I will be adding exciting new stuff to that site as it matures.

When I want to sell or land contract a home I post it on another site. This site is just for rent to own properties.
This lets my sales people have a place for potential buyers to go and view the video and pictures of the property before they see the property. This saves gas and time. It also makes you look professional and you can explain the details of each deal. The price and the down payment, this will screen your lookers out quickly.

The site also has all the other properties that are rent to own and their details. The potential client can view all our current properties and decide which one fits their needs and pocket book! So either way we get a sale for our client!

One last place I post videos is Facebook I have a special website with all my educational videos on that site Another resource for my clients and potential clients to see what Rooftopinvestment is doing.

I also post videos and Webinar's on this blog to help you see some of the great ideas in real estate investing we have. I hope you enjoy and learn from them.

So there you go Videos are a great source for you to be updated and keep others updated in what's going on their project. Brett Young Rooftopinvestment.com

Sunday, May 15, 2011

Keeping it real in real estate


When your remodeling a home the first thing you need to decide on is what your going to do with that property? Are you going to rent it? Sell it? Land contract it? This will make a huge difference on what you want to put into the property.

Rentals are usually always the least expensive. You can go with one color in the paint department. You don't have to lay tile on the floors(lay linoleum instead). You can also use less expensive lighting and fixtures for the home. There are a lot of investor and investor consultants that will tell you that you need the best of everything in this type of home, but you don't. If an area is getting $900 a month that's basically what you will receive n your rent. When potential tenants come in and see a nice clean freshly painted property that will usually suffice that type of client and seal your new tenant.

On the flip side of investing you need the nicer tune up on the property. When your selling it you'll want to dual paint the property(I put a third color on some homes). I personally like high end lighting in my flips. I look around for the best deals on upgraded lighting at used lighting stores or internet. I also look for discounted new lighting stores like Hinkley's and other ones. The flooring will need to be upgraded in all rooms. I like wood and tile. These are great flooring's that help show off your property! For color ideas I go to the home store and get painting flyer's some fresh ideas in my living areas. They have a lot of ideas that you may not know and they are put together by professional interior decorators. Keeping the colors in the home bright and a little different can always give you a bigger wow factor when people go through it versus other properties for sale in your area.

Land contracted or optioned homes need somewhere in between a rental and a flip. I always make the paint about the same as a flip. Where I cut some cost is in the lighting and fixtures. I still want a wow factor because the client has to put money down on the property. We like to get 3% of the purchase price which go go over $2500 in some cases. So you need to make sure that the client really likes the property. The upgrades will also help your appraisal when they go to close the transaction and hopefully put massive amounts of cash in your pocket.

As you can see there is a difference in these three types of properties and the difference saves you thousands of unneeded cash you can save for another day! If you have any questions please email me at brett@lowcostinvestmenthomes.info or you can go check out my videos at rooftopvideo.com Brett Young Valley Realty

Saturday, May 7, 2011

Lighting makes a big difference in homes


I have a lot of remodels going on and I always look at ways to make the my homes look different and better than the competition. For example I looked at some of the other remodeled homes in the same area and noticed that most of them have the same color of paint in them. Basically a tan with white trim. I'm sure you seen it. Making your home look unique and have different colors may sell it quicker.

Thinking outside the box I immediately went down to the paint store to get some new ideas. They have great brochures that give you a lot of ideas in color selection. When you are looking at the different ideas always remember the age of the homes in the area. There are so many colors, never limit your self to just a few.

A great way to get other ideas on color is go through some high end open houses in high end areas. Just go get a Starbucks and start your journey. These type of homes usually have interior decorators do the designing for the home. This will give you a lot of great ideas for your remodeled home, or if you want to update your home.

Lighting is another great update. I go all over the city to find the best deals on lighting! I found one store that sells great chandelier's for 1/4 of the price of other outlets. So a light that cost $800 retail I got for $200. That is a cheap upgrade when you think about the cost of flooring, appliance and other upgrades on your home and it really stands out.

In older homes you can really knock the ball out of the park with lighting. I'm doing one in University Heights, Ohio and the home has a lot of great features. To show off those features I put in some great lighting. You do newer home the same way.Brett Young www.unrealcashflow.net

Sunday, May 1, 2011

Australia Likes Cleveland Area


Saturday had a couple that flew in from Australia very nice people. We picked them up at their new investment home that they had just purchased. They were very impressed with the area and really liked the neighborhood.

We took them through the home and again they liked that and wanted to know the rehab that was going to be done in that home. They also could not believe the prices of the high quality homes in the Maple Heights area. They Lady said that she paid $500K for a home around the same size in Australia. They also informed me that their economy was really booming!

We them took them on a tour on all the cities like Euclid,Shaker Heights, Cleveland Heights were we invest in and explained the cost and profit in those areas. We stopped in the Cleveland Heights area to eat at a place called "The Melt" great sandwich place. The food was excellent and the atmosphere was very edgy. Me and Tim always make sure that an investor gets a good idea of everything that areas have to offer and one is great restaurants.

They also got to meet our property manager Misho. He took some questions from them and explained how we operated. We then wrapped up our tour with a home we were working on in University Heights. On the way back the new investors decided to move forward with 6 more properties.

When you have a great products make sure you show them off every chance you get. We have a complete tour of all the cities and show some homes we are currently doing so when the clients go home they can plan their investment strategy from all the areas we recommend. Brett Young WWW.rooftopvideo.com