Wholesale properties

We have two Wholesale Properties in Hampton VA!!! We also have wholesale properties in Wilmington NC! Give us a call!!! We are also buying properties!!!

New Hot Buys

1277 Plainfield Road South Euclid Ohio 44121

This large 3-5 bedroom home in South Euclid Ohio is available for purchase and rehab! This home features a large kitchen, main floor half bath, cozy front porch, 3 bedrooms and full bath on the second floor, and finished bathroom in the basement. Basement also features 2 rooms that could be refinished into very nice bedrooms. This 5BR 2.5BA home makes a great lease option or rental!  
Property #’s Below:
Asking Price -------------------------------------------------------$ 19,900
 Offer Price --------------------------------------------------------- $ 16,000 to $19,900 Rehab-------------------------------------------------------------- $ 35,000- 37,140  
After Expenses Positive Cash Flow $970.25.
Rent -------------------------------------------------------------- $ 1,100
Taxes ---$2,845 a year ----------------------------------------- $ 237.08
Prop Management ----------------------------------------------- $ 110
 Insurance ---------------------------------------------------------- $ 40
 Positive Cash Flow --------------------------------------------- $ 970.25 ROI ------------------------------------------------------------- 15% to 16 %
 

20331 Crystal Ave. Euclid Ohio 44123

This is a large up and down Duplex home in beautiful Euclid, Ohio. This house features a two car garage. Large utility/laundry room located on the side of the house. Garage/parking area is fenced in. Wood floors throughout both units!

  Property #’s Below:
  Asking Price -------------------------------------------------------$ 23,150
Offer Price --------------------------------------------------------- $ 17,000 to $23,150 Rehab-------------------------------------------------------------- $ 52,000-54,470
After Expenses Positive Cash Flow $910.25 
 Rent --------------------------------------------------------------- $ 1,400
Taxes ---$2,757 a year ------------------------------------------- $ 229.75
Prop Management ----------------------------------------------- $ 140
 Insurance --------------------------------------------------------- $ 60 Utilities-------------------------------------------------------------$ 60
 Positive Cash Flow ----------------------------------------------- $ 910.25 ROI ---------------------------------------------------------------- 15% to 16 %  

The Real Estate Market and The Realtor

When your looking at the Real Estate Market and the great opportunities that are out there, using a realtor really makes sense.

I am a licensed real estate agent and I have 5 other ones on my staff.  My Realtors really know the market and the area's that my clients purchase in.  They scan their areas daily to get the best deals.  How do they do that?

My lead agent makes sure he knows all the deals that are available on the MLS (Multiple Listing Service) daily.  Some deals will only last a day, so looking at the Multiple listing service daily really is super important. We try and wrap up the best deals and most of the time we are successful in doing that.

We also look at estate deals that never hit the MLS.  These deals require cash on the spot, and there is usually little time to make a decision.  We purchased one in Cleveland Heights Ohio and I had to cash it out in one week.  The guy that had an option on it only had a week left on that option.  These deals never hit the open market.  Unless you are tapped into the people who buy this type of real estate you never see it.  You also need cash on hand to buy it.

I always use a realtor to make sure all the paperwork is legal and they know the laws in this state.  Realtors also have relationships with escrow companies to assist you in your transaction. 

Non-realtors may ask you to transfer a property outside of escrow.  That is very dangerous to do.  There may be liens on that property that will transfer with that property.  That means after it goes in your name or corporate name you are on the hook for those debts.

Using a Realtor in this or any market really protects you and your investments.  There are good and bad realtors.  That is where my company comes in.  We really screen our realtors and they work for Rooftopinvestment clients only.  That means you will get the best deals.  We also meet with them weekly to oversee all the transactions for our clients.

Rooftopinvestment is a second layer of protection for you the investor.  Our Realtors prepare a profit report for each property they put in escrow.  We carefully go over those numbers and verify them to make sure they fit our clients projections.  See there is so much to Real Estate investing that you need a company like Rooftopinvestment to over see each deal.

Investing in Real Estate is not difficult if you team up with the right investment company.  Brett Young Valley Realty

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murahmurah4u

Bedford Ohio Duplex Makes 17%

Play this Video to view this property in detail

62 W Glendale St, Bedford Ohio 44146

Large two Family Home in Beautiful Bedford Ohio. 2 Bedrooms and 1 bath in down unit and 3 bedrooms and 1 bath in up unit. Spacious rooms throughout. Large yard with plenty of parking. Great location close to downtown Bedford and all Bedford amenities

THIS PROERTY IS UNDER CONTRACT AND AVAILABLE, GREAT CASH FLOW.   Property #’s Below:
Purchase Price ------------------------------------------------------------- $37,000
Rehab Cost ----------------------------------------------------------------- $ 33,000
Total Purchase and Rehab Cost -------------------------------------- $70,000
     After Expenses Positive Cash Flow $1000 after expenses. 
  Rent ---------$650 down unit and $800 Up unit----------------------------- $ 1450
Taxes ---$2060 a year --------------------------------------------------------- $ 172
 Prop Management ------------------------------------------------------------- $ 145
 Insurance ----------------------------------------------------------------------- $ 75
Water and Sewer ------------------------------------------------------------ $ 50
Positive Cash Flow ------------------------------------------------------------ $ 1008
 Net Return ------------------------------------------------------------------- 17% to 18 %

New Hot Buys

500 Babbit, Euclid Ohio 44123

Beautiful 3 Bedroom 1 ½ bath home in Euclid Ohio. Large bedrooms, Kitchen living room and dining room. We are going to finish the basement into a large rec room. Hard wood floors throughout and attached garage. Large lot with a fenced in back yard. Great Schools and close to public transportation.

  THIS PROPERTY IS UNDER CONTRACT AND IS AVAILABLE TO PURCHASE  

Property #’s Below: Purchase Price -------------------------------------------------------------- $ 17,500 Rehab Cost ------------------------------------------------------------------ $ 32,000
 Total Cost ------------------------------------------------------------------- $ 49,500
Market Value ------------------------------------------------------- $ 70,000 to $ 75,000  
After Expenses Positive Cash Flow over $624
 Rent -------------------------------------------------------------------------- $ 950
Taxes ---$2300 a year ----------------------------------------------------- $ 191
Prop Management --------------------------------------------------------- $ 95
 Insurance -------------------------------------------------------------------- $ 40
 Positive Cash Flow --------------------------------------------------------- $ 624
 ROI ------------------------------------------------------------------------- 15 %

Why Investing in Property Is So Popular?

Investing in property is very popular for a lot of reasons. One would be the control and being able to visually see your investment. With stocks and securities you only see financial statements that read like a foreign language newspapers.  You really don't know how inventories are valued or what's in some of the expense accounts.

With all the bailing out going on are stocks really the best investment?  Little known fact is the shareholders of both Chrysler and GM lost all their money.  The Company and their pension got all the bail out money. The investors were not bailed out and lost all their investment or life savings.

That's why people are turning to Real Estate to pad their retirement and monthly cash flow.  Right now in Cleveland Ohio area the returns are superb! So most investors are getting a great monthly cash flow return. It's a buyers market right now.

When the market turns to a sellers market, the investors will have to make a decision to keep on cash flowing or sell their investment for profit.  The key in this statement is they make the decision. They may retain a CPA or Lawyer to help with the tax questions but it is still the investors decision.

Another reason real estate investing is so popular is the amount of supply of available real estate .  The prices are so good right now that investors are seeing that real estate is the best option for their portfolio.  Most search this country and the world for the best buys.

The supply of real estate is a very important factor also for the future prices of real estate.  The new home builders have not been building new homes in any quantity for 5 years.  This helps the market by lowering the inventory.  We personally like land locked areas were no new housing can be built.  Those areas never compete with the new home prices and their financing.  You still need to watch it though.

So why is it so popular?  In my estimation it is the control of the investment.  You pick it, buy it and make the decision on how you make money on it.  Brett Young Valley Realty