Showing posts with label buy house. Show all posts
Showing posts with label buy house. Show all posts

Sunday, October 14, 2012

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

Sunday, August 26, 2012

Looking for a nice place to live? Try the Cleveland Suburbs

 Looking for great place to live in and work? The Cleveland metropolitan area may be the place to be.The area offers every amenity and pleasures one can imagine. I've seen it firsthand because I live your. Personally moved here from Phoenix about two years ago and really like the things you can do in this area. Let's go over feel most the reasons because it investor I like places to invest in the people like the live in. There are very good freeway systems to commune on. With 271 and 90 be in the two major hubs for freeways there are a lot of little freeways also get you around this very nice family and community area. As you drive on these roadways there are a lot of small cities that surround Cleveland.

One of them is Cleveland Heights Ohio this city has very attractive housing built as far back as 1900s. I went to the Rockefeller restaurant which was built in 1915 by the Rockefellers for $750,000. This facility at excellent food and the atmosphere was breathtaking. With the steel windows, marble block construction, and beautiful wood floors with a hand carved fireplace in the entryway. Right underneath the restaurant was of course a Starbucks. I'm sure he wasn't there in 1915 but it was in one of the parts of the old building that they had made into a store. Within a few blocks their building 325,000 square-foot mall and plenty of other shopping process street including University Mall. If you're an organic food then Whole Foods such right across the street.

 Another city we buy investment real estate in is Lakewood Ohio it was voted in 2010 is the best place to raise kids in America. The downtown is being remodeled and has plenty of restaurants and eateries to taste test. One of them was called Georgetown and the food was not only excellent bedroom pastry chef the made the desert. These eateries are very affordable and give high marks in taste tests for me. So when you're purchasing were thinking about purchasing investment real estate than think of a place you would want to live at.

There are alot of investors buying in areas that they themselves would not live in. Making it a rule that if you wouldn't live there you probably shouldn't buy their is a great rule to half. In both the areas mentioned we get $1000 – $2000 per month in rent. These higher rents help you with getting better quality tenants and have a better equity position. Whenever the market gets hot (and sales have risen by 20% in the Cleveland Metropolitan area this year) you will want to provide a place where people want to live not have to live. Buying in areas that people have to live is not a place they will live when the their economy turns around.

That's why prudent investor or investment advisor would purchase only in the areas like Cleveland Heights Ohio and Lakewood Ohio were people actually want to be. The school systems in the amenities all have to be a part of your investment thoughts.

These things are important not only to the people but to the value of your investment real state. So if you're thinking about buying real estate that look At our company we provide investment real estate were people want to live not have to live. Brett Young Valley Realty, RooftopInvestment

Wednesday, August 22, 2012

Side by Side Brick Duplex $867 a month net!

This Roomy side-by-side brick duplex in Euclid Ohio is extremely rare. We have this one under contract at $26,000. This duplex is very close to Lake Erie and will rent at $700 per month per unit. It's a grand total of $1400 per month. The net net is $867 per month or $10,404 a year. We can get quality tenants in this is a great property that will cash flow for years to come. So take a look at the video and call to reserve this property at 602-363-6551.