Sunday, July 29, 2012

What should you expect from a Real Estate Invesment Group



What should you expect from an investment group or so-called guru the has all the answers to your real estate investment needs. I was reading a ad from a so-called guru that was selling a home in an area that was very risky at best. The area is not stable and the rents are not consistent because of the low income area. He advertised it as if it was finished and ready to cash flow for the rest your life. There's a few things he's really missed the boat on and I want to go over that in this blog post. The home was only $43,700 but was it worth it?

In every house you need a detailed list of all the items that either updated or replaced, this could include the electrical panels, heaters, driveways, flooring, paint, Windows the list goes on and on. You need to know for sure that those items are updated finished. If your out of state you should prefer the real estate guru send you a video from start to finish on that property. Let me give you an example of how I do it click on this link and you will see that we get weekly updates and have before-and-after pictures and videos of each properties. This again is full disclosure that everything is getting finished. I would not take the word of anyone who said that the property looks great. If it does why is there no pictures or video of the whole remodel process. In this day and age it is very important to know what was done to your property in order for you to make a sound decision on that real estate investment. Pictures and video are easy to do. I personally have a whole website dedicated to it Rooftopvideo.com

They also failed to point out the fact that the property manager is good or bad? How long they worked with the real estate investment Advisor? How much they know about them in any other pertinent information that is needed for you to make a sound decision. I would love to see the property management agreement before purchasing any property. I would also want to check out the property manager to make sure that they have both the quality and size to take care of your investment. I know our property management that works directly with us (we have two property management companies that work with our clients ). We meet with them weekly to get all the facts and figures of our investors portfolios including ours.

 So you're looking at a property in it looks like a great and it might be a great deal, you need to know all the facts and see all facts through video or pictures. If you have a real estate group that does not have that type information you might want to start looking for another investment group. There is nothing wrong with a investor asking for information that is pertinent to that property.

 So in summary I would always want the cash flow analysis, detailed list of repairs, property management agreement, how many units as a property management managed now, any references you could ask for for that management company and the company you're wanting to invest with. So as an investor it's all right to ask questions and get answers because you work hard for your money and you need to understand what type Real Estate Investment you're getting into. Most people want great cash flow properties and monthly checks and there are a lot of companies to get that done. So do your homework and enjoy your investment. Brett young Valley Realty Rooftopinvetment.com

Thursday, July 26, 2012

Make 15% on this income property

Great 4 bedroom Home 1 1/2 bath in Euclid Ohio great street and neighborhood. This home will lease option or rent for $1000 per month. It will generate 15% annually on your rental income. The home has an open floor plan and newer Electrical and Water Heater. Call Brett 602-363-6551



Sunday, July 22, 2012

Benefits of Real Estate Investment Group

 
People talk about great benefits and investing with a group and that most of the time is absolutely true. There are two ways to invest with groups one way would be having a stock or ownership share situation where you owned a percentage of the groups properties.

The other way to do it would be to get it with a large group that has one particular vendor that takes care of all the groups needs. This is the type of investment group Rooftopinvestment.com is. Investors get all the benefits that larger investors get with their properties.

The benefits include lower rehab cost, maintenance cost, large crews to take care of your every need for your investment property, insurance, legal, and many other services that you need to be successful in Real Estate. Let me give you a few examples:

A client called on Friday evening and needed a picture of her window for the insurance company so they could continue with her policy. Our company did wait till next morning to do it because the lady was stressed-out about getting the picture to the insurance company. We had our guy go out and take  the picture, e-mail to the client and she was very satisfied with our service. She called and thanked us and our insurance was intact.

An Australian client who called and explained to me that his potential partners cannot believe the numbers and returns he was getting with our company. He has over 10 properties with us and generates over 15% turns on an annual basis. He is setting up a group to start purchasing large numbers of properties.

When you deal with a investment property you want to make sure units in your own city or out of state deal with a company that can take care of every aspect of your investment. You do not want a realtor, property manager, construction crew or any other aspects of your property to be jobbed out on a retail basis. Rooftopinvestment.com  make sure you get the best properties and the prices to help you enjoy your monthly checks from your investment property. These types of details can determin if you make great monthly income or little monthly income.

Isn't that what investing is all about making sure that you do it and get the best bang for the buck and know that the company is taking care of all your properties needs a reasonable and quality prices? We at Rooftopinvestment.com sure believe that! We do it every day to make sure our clients get the best bang for the buck and we help maximize their monthly returns.

Cleveland area is growing at a rapid pace and a lot of money is rolling in to our northern Ohio area. The northern Ohio area is possibly the most affordable and quality living in United States of America maybe even the world. Cost-of-living is a big plus when companies are looking for places to put their companies. Check out the store below on the natural gas drilling in northern while. Brett young Valley Realty

BP CEO says the energy giant is returning to Northeast Ohio, lured by shale gas After 14 years gone, BP is returning to Northeast Ohio. Not with a landmark skyscraper on Cleveland's Public Square, but with a modest field office in Warren, within striking distance of its stake in Ohio's Utica shale.

 BP chief executive Bob Dudley, on a visit to Cleveland Friday morning, said the quiet beginning could mushroom into something huge.

"Who would have thought, 20 years ago, we would be re-investing in (energy) production in Ohio," Dudley told a gathering of business and civic leaders at the InterContinental Hotel on the campus of the Cleveland Clinic. "Really, we made a new and exciting investment.

" Related Plain Dealer coverage Shale gas boom may quickly go bust, speaker warns City Club of Cleveland BP seeks leases to drill gas wells on 84,000 acres in Trumbull County Clevelanders still have ties to BP through the old Sohio In March, the global energy giant announced it had secured mineral rights to more than 80,000 acres in Trumbull County, surrounding Warren. This morning, Dudley said exploring and testing will soon commence and that BP expects to begin drilling next year.

Moments after his presentation, he told The Plain Dealer he anticipates the operation to result in new jobs and a new corporate presence for London-based BP, which gained its first American foothold in Cleveland a generation ago.

 Much will depend upon what seismic surveys and test wells detect in the ancient shale beds, he added.

"We've got to do the exploring and unlock it," Dudley said. If BP finds liquid natural gases, as it expects, "the number of jobs will really begin to take off, certainly in the thousands," he said. "Not just drilling jobs. Jobs in finance, accounting, leasing.

" The jobs and gas production remain a subject of speculation, Dudley said during his speech. But BP is excited about the potential of Ohio's shale gas, he said, and so is he.

 "In 2009, I was skeptical of the shale revolution," said Dudley, a Chicago native and BP's first American-born CEO. "I'm now convinced the U.S. has enormous reserves of natural gas.

" He said energy companies will be coming to Ohio for its natural gas liquids, especially ethane, the feedstock for plastics.

 "It will enable all kinds of industry," he said. "The reason I like the Utica shale is because dry gas is becoming uneconomic because prices are so low. People are looking for formations with liquid and that's what I like about the formations in Ohio. That's why I'm excited about it. It's going to take some time to find out." Dudley appeared as part of the Business Leaders Series of the City Club of Cleveland. He flew in from Houston and is on his way to Columbus to meet the governor.

 Dudley appeared as part of the Business Leaders Series of the City Club of Cleveland. He flew in from Houston and is on his way to Columbus to meet the governor.
 


Friday, July 20, 2012

4 Bedroom Home Makes over 16%

This is a great home in Cleveland Heights Ohio. Is a four bedroom 1 1/2 bath property. The property as a large backyard and a double car garage with fantastic street. This income property will easily be rented for $975. Net cash flow will be over $657 per month at $7884 per year, that does not include your equity position in this property. With the video and see what this home offers. Also you won't believe total package price on this property. Call Brett 602-363-6551 to reserve this property

Property # 2

This home in Lakewood Ohio is a four-bedroom one half bath property. It's nestled on a very quiet street and is close to do Lakewood downtown. This property will rent for $1350 per month and net $885 per month that's a total of $10,620. This home has a great equity position also. It will rent very easily or lease option very easily. So go check out the video and call Brett to reserve this property is 602-363-6551.

Sunday, July 15, 2012

Would you pay $50K for this home?

I've seen a lot of areas in the United States and properties. In the Cleveland suburbs the point of sale can make a big difference in the quality neighborhood and the returns you get from each property. Let's look at one of those properties on 4049 Bluestone in Cleveland Heights Ohio we recently purchased this property for $17,000 and with rehab will have right at $50,000 total in this property.

You can check out the pictures below to see what quality this house is a comparative to your neighborhood and others that you seen. But start with the numbers this home all lease option for $1100 – $1200 per month and net cash flow 18% a year. Those are very solid numbers and this is a very sought after neighborhood.

This home will be a four bedroom home with 1 1/2 baths it has great wood floors that will be refinished to perfection. This home will be painted and dual high-end colors( Sherman Williams paint). The kitchen will also be remodeled with new flooring and redoing the cabinets so that they will be very functional for the new lease option buyer. It will also have the build in oven and dishwasher. The uniqueness of the doors in the interior area are very pristine. We will also be adding a new bedroom to the top floor area that will make this home a four bedroom home. It also has a very open floor plan and lots of square feet 1869 to be exact.

The master bedroom upstairs has a nice open patio to walk and have coffee on. The home also has a double car garage attached to it in a very large lot. Tell me where you get these types of homes that lease options for this type of monthly payment. This home will lease option for right at $120,000 and that's today's sales in that area. This home is also very close to shopping and activities for the family like coffeehouses, theaters, bars, and a lot of shopping. I should also mention school system is excellent. So take a look at the pictures below and form your own opinion of this type of home and price and match it up with any other investment property you seen recently and I think you'll see we have the best properties on the planet. So what are you waiting for we have the system and the inventory to help make your portfolio perform 15% or better on rental income. That of course is not counting the equity position in each one of our properties.

You want quality high-end rental properties then look no further we have the most affordable and profitable real estate on the planet. We also have the system that will take care of the day-to-day stuff so you don't have to worry about it. Go do and see what our system offers. You want to get started today. Sign up at our club we need to go on tomorrow. Go to Brett Young rooftopinvestment.com
These are before pictures of this property. Here is a Rehabbed 4 bedroom home we rented for $1100 per month 3321 Beechwood Cleveland Heights Ohio we recently finished

Thursday, July 12, 2012

Rare Bedford Jewel Cash Flow Home

Great home in Bedford Ohio 4 Bedroom 1 bath. This Home will cost $49,000 that includes purchase and rehab. Homes are selling very fast here so if you are interested in this property please call me @ 602-363-6551. This home will generate a 15% return and is a great rental property in a quality neighborhood. Great school system and a great place to live!

Sunday, July 8, 2012

New Shopping in Cleveland Heights

The City of South Euclid (connects with Cleveland Heights) is building a 325,000 Square foot shopping area.  The area will cost approx $45 million dollars. This shopping complex will also employ 400 full time people and create 12 million dollars in payroll.

The reason I mention this complex is because we buy a lot of real estate in this area.  Cleveland Heights rents average $950 and up for homes and $675-$950 for duplex's.  This area generates 15%+ returns on rental income.  This is a very quality neighborhood and a great place to invest.

Another popular attraction is the Rockefeller  Mansion Restaurant and Museum.  This home was built in the early 1900's and cost $750,000 to build at that time. The average price per dish is $40.

These are the type of areas that we invest in and they rent very easy.  Cleveland heights has Homes from 1300 sf to 15,000 sf.  They also have a great school system making the area desirable for families to live and work at.

We have several other cities we invest in that all have similar traits.  Ohio is a growing area and the future looks bright for both economic and quality jobs.  That means as a real estate investors are starting to target the Cleveland area.  Our sales are up and every home we get gets sold very quickly.

With the returns and the quality of real estate that exists in this market you need to get real estate in your portfolio before prices start heading north.  With the elections and the talk about banks easying up lending, this is what makes markets boom.

 Look at the car industry.  It is very easy to go to a dealership and get a loan for a new car.  That is why car sales are up and jobs are being created in that market.

So get investing before it's too late and look at the 36th biggest Mall in America just minutes from Cleveland!  Look at the slide show below. Brett Young Rooftopinvestment.com

Thursday, July 5, 2012

Sales are very Brisk





While we had a great June, July is shaping up to be the same type a month. We have sold 25 homes in the last month and a half and are seeing a shift in this economy. In a recent USA Today article Ohio was a second biggest drop job growth behind California and United States last month. The economist magazine ranked Cleveland the 26th best place to live in the world !

I know I've lived here for almost 2 years and really enjoy all the festivals and events that happened in this area. So time is short for you to invest in the Cleveland area at these ridiculously low prices. The duplex I was going to advertise this week is already sold to some new clients that flew in from Singapore.

Actually went out with one of my salespeople on July 4 to look at three properties to purchase before they were sold to another investor. We went through each house and are bidding appropriate prices for those properties. So if you want to get in to a great property then you need to call us today at 602-363-6551 or you can opt in below and get more information on our lucrative and very profitable properties.

Sunday, July 1, 2012

Knowing Construction is Key to buying investment property


Knowing the construction and how much these be put in the home is crucial to your success in investment real estate. I see people all the time that put too much money or too little money in investments that they purchase. You need to understand what that the market you're in and what the home needs to get your desired return either by rental, flipping, and lease options.

I'm going to show you the home I did in Cleveland Heights and 3321 Beechwood that the client wanted the property to be a rental property. This property is already in pretty decent condition but needed some touch ups and maintenance to ensure the higher rent. We went through the whole house and painted and updated all lights, plug-ins, switches, and blinds.

That was the basics we also had to paint the outside of the home and service the furnace, hot water heater, and snake all plumbing internal and to the street. We also had to cap some electrical boxes and make sure all the electrical was up-to-date. In most of these older homes which I really like because they have basements with all the plumbing, electrical, and utilities that are easy to get to. This particular home had a newer electrical box in it. Remember just because an older home doesn't mean the electrical is bad or out dated, it just means you might have to exchange it in most cases you don't. Electrical wiring is pretty easy to run through an older homes. There were some trees we had the come back and we painted the back porch area as I explained in the video.

Back to the subject of construction is the key to your success because there were many different ways to remodel a home. For example in this particular home if I was going to flip it I would've put recessed lighting in the living room,dining room and finished up the basement to make a living area. That would've been extra $3000-$5000 that my client did need to spend. I would have also dumped another 5k in the kitchen and bathrooms.  The fact was this home was rented three weeks before we have completed four $1100 a month. Knowing what was needed to get the $1100 was the key to this property success and  my client's success. Maintenance is always a key to your home making sure that all utilities work properly. In this particular house I also put in new lighting in the bedrooms because sometimes those go out within the first year.

We've also done many many homes(over 600) and understand how the construction must be done in order to have low maintenance through the properties investment life.

Properties don't have to cost a fortune to remodel they just need to have the right things done to them at a reasonable price. One more example in older homes I use washable flat instead of enamel much less expensive but looks great especially in older homes were some the walls are not perfectly straight.
So don't be afraid invest just make sure the company you go with has the correct construction company to make sure your property is remodel correctly. All my contractors are license and bonded with each city that we do business in. So watch the video below on the finished product of this beautiful home and I've also included a slide show for you to view. All by the way this home was $46,000 total purchase and remodel.
Brett Young Valley Realty and Rooftopinvestment.com

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