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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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

Great cash Flow and a Flip

3755 Sherwood Rd, South Euclid Ohio 44121

Beautiful 3 Bedroom 1 ½ bath home in South Euclid Ohio. Large master bedroom, enclosed Porch, Full unfinished basement. Hard wood floors throughout. Great Schools and close to public transportation. This home features a large full bathroom, living room and kitchen. Also the living room has a beautiful fireplace.

 THIS PROPERTY IS UNDER CONTRACT AND IS AVAILABLE TO PURCHASE 

Property #’s Below: Purchase
Price -----------------------------------------------$ 7,500
Rehab Cost --------------------------------------- $ 39,000
Total Cost including rehab and purchase------------$ 46,000
Market Value ------------------------------------$ 75,000 to $80,000
 After Expenses Positive Cash Flow $602
Rent --------------------------------------------- $ 925
Taxes ---$2300 a year ---------------------------- $ 191
Prop Management ---------------------------------- $ 92
Insurance ---------------------------------------- $ 40
Positive Cash Flow ------------------------------- $ 602
 ROI --------------------------------------------- 16 %

Click here to get started cash flowing

 

10 N Strawberry Ln Moreland Hills

Great location, Moreland Hills, Orange School system, beautiful, private property, fenced in large lot. This 5 bedroom colonial has much to offer. Furnace 2008, roof 2004, water tank 2008. First floor master with a glamour master bath. First floor guest suite, first floor office/library/bdrm, eat-in kitchen, two bedrooms upstairs. Here is an opportunity you can't miss

We have an offer of $125,000 in on it now. It comps out at $275,000-$300,000. The Rehab will be $80,000-$85,000. The net on this property based on comps will be $50,000+.    

New Hot Buys of the week

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.
    Property #’s Below:
  Asking Price ----------------------------------------------------------------- $40,500
Offer Price ------------------------------------------------------------------ $32,000-
Settle around $35,000
Rehab Cost ----------------------------------------------------------------- $ 35,000
Total Purchase and Rehab Cost ----------------------------------- $67,000 to $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 %
 

3755 Sherwood Rd, South Euclid Ohio 44121

Beautiful 3 Bedroom 1 ½ bath home in South Euclid Ohio. Large master bedroom, enclosed Porch, Full unfinished basement. Hard wood floors throughout. Great Schools and close to public transportation . 
  Property #’s Below:
  Purchase Price -------------------------------------------------------- $8,000
 Rehab Cost ------------------------------------------------------- $37,000 to $39,500    
After Expenses Positive Cash Flow over $624
  Rent ------------------------------------------------------------------ $ 950 T
axes ---$2300 a year ---------------------------------------------- $ 191
Prop Management -------------------------------------------------- $ 95
 Insurance ------------------------------------------------------------- $ 40
 Positive Cash Flow -------------------------------------------------- $ 624 ---------------------------------------------------------------- 16 %

The needs and assistance Investors need

The needs and assistance Investors need A lot of investors buy a wide range of investment properties in this market. Investors want better returns and better deals on investment properties. That is all great for your investment portfolio.

 I believe what investors should also think about is the life of their investment property and the investment real estate company they want to help them for the life of their investment. There are a lot of real estate experts out there. What you as investors have to do is make sure the company you pick to build your portfolio with, will be there when you need them to be.

I had a call from a client that need some work done on there property and questioned our maintenance bid. We looked at the quote and agreed on a price and the client was happy. The point is the property was purchased 3 years ago and the client hadn't purchased another for the same period. We were still their to make sure they were happy with our service and price. They were comforted by Rooftopinvestment being there to oversee their concerns.

Another service we offer is getting the lowest price on home insurance. We pool a lot of properties with on agent to get the lowest price. Insurance goes up and when it does we switch companies for our clients. Our company charges nothing for that and we get no kickbacks from insurance company.

We assist our clients with lowering their property taxes on their property. We have a lawyer that does this for our clients at a discounted price. Again we make no money on that service. It effects your bottom line.

 One last thing although there are many more. We have two property management services that deal with our clients only. Our company meets with them once a week to make sure the our clients properties are producing for our clients. Again we make no money on their services.

We also pay our own marketing team to market our clients properties and set appointments for our property managers. Our vacancy rate is less than 3 %. Rooftopinvestment cares about out clients returns, that means we want our clients investments to get the maximized profits they deserve.

Dealing with all these types of details is very important for the life of your property investing. Rooftopinvestment is always there for their clients. Brett Young Valley Realty

Mistakes To Avoid When It Comes To Property Investment

I had a client who came to town but two weeks ago and was showing me some property his friend had purchased from another investment group. We went to the home that his friend had bought and paid $99,000 for it. This particular investment company guaranteed rent for two years.

That particular house would rent for right at $975 a month that would total $11,700 a year in gross rent. Times that by two for 2 years and the total is $23,400. Sounds pretty substantial if you really look at, but it isn't. We charge around $55,000 for the exact same real state without the guarantee. So which ones a better deal?

When you look at the details on each deal ours saves you 40%.  This is because of the quality tenants and the lack of inventory for the tenants. These homes usually rent before they're even done with construction. We just finished one in that area that was rented 2 weeks before it was completed.Your chances of going two years without rent is almost 0%. So let's add the numbers up and see which ones a better deal.

$55,000 plus $23,400 equals $78,400 total. So there property even if we'd payed the two-years worth of insurance(which we won't because we want to make our clients money) would still be $20,600($99,000-$78,400) more than that deal. I would say they are making out like bandits. 

There is an insurance you can get that guarantees your rental payments from for six months a year. Oh yeah it even pays to get there tenant out if needed. The total cost $250.00 a year!

So if you want to pay $44,000 ($99,000-$55,000) more for house for guaranteed rent just remember nothing is free. If you're paying for it in the total cost of your home your is probably paying way too much money for that investment property.

So when you're looking at a deal that has a guarantee on it just be aware that that is already built into the price and will cost you a lot more money than you think. Brett young Valley Realty and
Rooftopinvestment.com

Nice Property nets $724 per month

 Large four-bedroom one half bath in Cleveland Heights Ohio. This home rent for $1100 per month with a net income of $724 per month. This home has a very open floor plan with a large kitchen, large dining room, large living room.

 The total cost on this home is $52,500 with rehab and purchase. The home also has a separate double car garage and will rent very quickly. So please call Brett at 602-363-6551 to reserve this home. We have 100% of these properties rented and cash flowing. We have over 50 properties in this area. Easy to rent because people want to live their.

Another Success property

This property is finished in past inspections through the city of Maple Heights. We already had this property rented at $925 per month before was even finished. The cash flow on this property is 16%. As you'll see in the video the house was totally remodeled including the lights, plugs and switches, paint duel, flooring, in front porch.

Our houses are in very quality areas and have high quality tenants. This is very important so your monthly checks are very consistent. Remember we by areas people want to live in not that they have to live in.

Real Estate Market Provides great Investment Opportunities

I have been reading some news on real estate investing this morning and noticed some of the bigger players are starting to talk. For example Donald Trump is saying that real state is better investment than gold right now. With the price so low what he is saying is right (if you look at the cost to build these homes).

Some of the stuff we buy is as low as eight dollars a foot. If you look at the cost to build a home that's almost 7 times less than building a new property( $50 dollars per square foot to build new average). Not only is that a hedge against inflation,  you can't even build for what we pay for these properties. These are very high quality homes that you want to build if you could. If you built the homes we are buying in today's market you be looking at $75 – $150 per foot if you consider the fine wood floors, antique wood molding, lead glass windows, and so much more updates including China cabinets made of antique wood, lead glass doors in most dining room areas. You can't get this stuff anymore and the prices on them today will probably be never be seen again.

The fact that the market is so affordable as far as the value for these properties is because of the change in lending and appraisal requirements.  They are already talking changing the lending rules and we will see a big change in prices of real state. It will be a 15% – 30% gain in value only because of the simple fact there will be less inventory to buy and the cost to build new properties. You have to remember this market is almost totally investors right now buying very good deals. You have the most savvy, informed type investors in market today.

So when the retail market becomes back basically people who want to live in the homes for the rest of their lives than the prices will surely go up.

 I remember in 1985 I started buying condominiums in the Mesa Arizona area. I was picking up condos for right around $15,000 – $30,000 (that was $20 a square foot then) for three to four-bedroom condominiums good areas. They were not highly desirable areas like we have today they were just decent areas. I rented these properties out for between $550 – $700 per month. I remember my first one in Mesa Arizona my partner Kurt and I had just finished up remodeling a four-bedroom condominium. We ran an ad in the Arizona Republic (there was no Internet in those days) and we had a line of potential tenants by our front door the next morning. We knew then that the marker was right to start buying these properties. In fact we purchased 10 condominiums over the next few years. They later sold for an average of $80,000 per property.

 So as I always say you look at the quality of the real state in the area that you're buying in at these ridiculously low prices per square foot. If you can't build it for that then eventually the prices will go up to that at least whenever the market turns. In buying properties at an average of $10 – $15 per square foot in costing at least $50 a square foot to build you do the math. Brett young Valley Realty Rooftopinvestment.com

Sold Out Investment Real Estate

Hot Buys Sold Out!

Our inventory has sold out this week! The good news is that we are getting more properties as you read this ad. Currently we are bidding on multiple properties for our clients. So this weeks ad is to get your going on Real Estate investing. We are in very exciting times to be a real estate investor. So sign in below and get going today. Also watch this weeks video the of one we just purchased. Act now before it's to late! Click here to get more information   New program to start flipping properties has begun. We have a few select areas to purchase flip areas that make great money. If you are interested in flipping homes then you need to get on this list. I will send you one we just sold and the details. We are currently working on 2 new flip properties in Lakewood Ohio and Rocky River Ohio. So sign in below and get on our list to get going in flipping real estate.  

Having a Marketing team for cash flow is everytthing

When I first started doing cash flow properties in the Cleveland area I quickly figured out that marketing a property can mean top rent or average rent. You're probably wondering what I'm talking about? There are like companies that claim to be investment rules they companies that do not understand that marketing a clients property is just as important as a purchase of the property. See a lot of property management and investment companies that place a sign in the front of the investor property and also put on the MLS.

 You have a great example of one of in Euclid Ohio. We had started construction on a property at 299 E. 208 Street. The property next door was of for rent we started construction, the construction took four weeks in the property still wasn't rented. We started marketing our property right after the third week of construction. So the home was not done yet. We had a rented for the top rent of $1050 per month. Afterward don't the property and the tenants moved in the property next door still was not rented.

 That is why it is crucial to make sure that you have a good marketing program to make sure your property gets cash flowing very quickly. We have a staff of marketers that syndicate to 21 websites every day to ensure that are properties not only get the top rent to get the best quality tenants available in the market. Appointments are made daily and our agents show them every day of the week until they are rented. That is why we have less than a 3% vacancy four properties. Most of the time we have our properties rented before even done with construction. I've set a linkup of three properties that we currently have under construction that already rented. Check out the videos and see how far along we were.

Click here To view video 1  Rented for $1525 a month

Click here to view video 2  Rented for $1525 a month

Click here to view video 3 Rented for $925 a month

Making your investment property be seen by more potential tenants gets the top rents.  Buying a investment property is really pretty easy. The hard part is keeping me property in budget for construction and getting the property cash flowing ASAP for top rents. That's why we have a state-of-the-art cutting-edge marketing program in our company to ensure our clients did just that. Brett Young Valley Realty Rooftopinvestment.com

Investment Property Returns

Look at the Recent Success and older success of the Investment Real Estate that we purchase for our investors. No CD courses or slick sales people. Just great returns and professionally managed Investment Real Estate. Watch this Video and see for yourself!

Look at our Latest Success

This four-bedroom 1 1/2 bath home in Cleveland Heights was recently rented for $1100 per month. Has an oversize lot with the double car garage and as you'll see in the video was completely rehabbed.

Take a look at the extra care that was taken to make this house look fabulous. We had a cash renter that love the home. As an example of an area and a property that people want to live in because of the great school systems, shopping, and other amenities the go along with a nice area. The return on this property was 16% that is not including the equity position.

So if you're tired of getting the cheap homes for people have to live with it the more affordable homes that we sell that people want to live in. Brett Young Rooftopinvestment.com

Making Mistakes can be costly

Making mistakes and investment real state can be costly. I had a couple from Singapore that had some flyers they had picked up in there country that had some houses that were very cheap. The flyer said that they would rent these houses out for $600 per month and net around $400 per month.

The flyer also said you could purchase these homes for $1000 – $5000 before rehab. The house on the flyer was not taken from the neighborhood they were discussing. Our team took the Singapore gentlemen to the home on the flyer. He could not believe his eyes how bad the area really was. He also had another city he was investigating at the same price that had similar results after he viewed the area.

When you're looking at buying investment real state there are a few things you need to look at before you purchase anything. First I would look at the neighborhood and the amenities in the neighborhood that would make people want to live in that area. For example in Cleveland Heights area that we purchase properties in, shopping is plentiful and they are even building new shopping areas. They also have great restaurants and coffee houses to frequent.  The School system is also a big factor in renting or selling a house.

The second thing I would look at is the rent rates in the area your looking at. A $600 per month rental property will probably not be in the best areas if you look at the rental rates in our area the Cleveland area. We  purchase real state that rents start at $950 per month and go all the way up to $1450 per month. Think about the difference between a $600 month tenant and a $1450 month tenant? You would probably have a better quality tenant at $1450 a month then you would $600 per month.

The third thing would be equity position or the selling position you would have when the sales market returns. Generally speaking in the areas that are distressed and much cheaper people generally have to live there. You want areas where people want to live that makes it a great selling area. So let me be clear when you're in a poor part of town people do not want to live there, but if you're on the middle to upper middle class area people do want to live there. This makes the middle to upper middle income area much more attractive to sell.

The last part of it you need know is that in the lower income areas the tenants are not as high a quality as you the better parts of town. This usually means that your property manager and tenants will not be performing on a consistent basis. This severely limits your monthly checks and profit that you purchase the property for. We have properties in the better areas  that tenants have been in for up to four years. The reason they are there so long is because they want to live there. School systems, amenities, shopping, dining and other activities make for great tenant.

One last quick tip when you're looking in areas to buy a property in, make sure to look at what type of stores are there. I usually like to see franchise restaurants and stores such as Walmart, Target, Macy's, Sears etc. etc. So make sure the area you're wanting to buy and is an area that people want to live in not that they have to live in. Brett young Valley Realty www.Rooftopinvestment.com

Another Great Cash Flow Property just Under Contract

 Large 4 Bedroom Colonial home in beautiful Cleveland Heights Ohio. Cozy up to the fire place in the spacious living room. Walk out to the 2nd floor bedroom on to your balcony. Beautiful hardwood floors throughout. Large Lot and Double car garage. Close to the new 325,000 SF mall. We have no Vacancy in Cleveland Heights. We have 40+ homes in this area and everyone is rented at top rents! People want to live in this area!

 Property #’s Below: Purchase Price —————————————————$ 18,900
 Total Cost including rehab and purchase————--------------------—-$ 56,000-$59,000
After Expenses Positive Cash Flow $803 Rent ———————————- $ 1100-$1200
 Taxes —$2850 a year ———————--------------------------------———– $ 237
 Prop Management ———————————--------------------------------— $ 120
 Insurance ——————————————----------------------------------—- $ 40
Positive Cash Flow ——————————--------------------------------—— $ 703-$803
 ROI ——————————————————================—– 15%-16 %