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
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