Cleveland Ranks 26th for best places to live

The Cleveland Area has a lot to offer to business and investment real estate. It has all the amenities that any large city has.  Investment real estate is among the best of all the larger cities.  In fact The Economist ranked Cleveland 26th as the best place to live in the world.

With the smaller suburbs,quality schools,Lake Erie, Low crime rate makes Cleveland a highly desirable place to live and work.  Inventory on real estate has dropped by 50% and sales are brisk.  Rental returns are 15%-22% in the Cleveland area.

The best thing about the Cleveland market is it is still very affordable and there is a high demand for rental properties. Rents range from $850-$1450 a month for homes and $550-$1050 a month for duplex's.  THE DEMAND IS VERY HIGH!

We are finishing up a duplex in Lakewood Ohio 2029 Dowd  the property has been rented for 2 weeks @ $900 unit 2 and $675 Unit 1.  We usually rent out our properties before they are finished. Another home we just finished in Cleveland Heights Ohio 3321 Beechwood we rented for $1100 a month 3 weeks before it was done.  I do not count anything rented until we get a deposit from the tenant.  We also do an extensive credit check on each tenant. 

I could go on and on with properties with similar stories.  The great thing about Rooftopinvestment is the quality and affordability of our investment program.  I have also thrown in a couple of quick facts about Cleveland and a really great video.

Economy and Industry

Greater Cleveland is a world corporate center, consistently ranking among the top 10 cities in which Fortune 1000 companies maintain their corporate headquarters. These industrial giants include companies like Eaton, Rockwell Automation, Timken, Diebold, and Parker Hannifin, along with hundreds of growing, advanced manufacturers. NASA also maintains the Glenn Research Center in Cleveland. The Cleveland region is the worldwide leader in plastics manufacturing, innovation and commercialization. Goodyear, PolyOne, Sherwin Williams, RPM International and Step2 are just a few of the global brands that call the Cleveland region home Cleveland Clinic &

Biotechnology

 Cleveland's largest employer, the Cleveland Clinic, consistently ranks as the nation’s best cardiac care center. The Cleveland Clinic Foundation has the nation's largest hospital-based department of biomedical engineering. To capitalize on this strength, the State of Ohio invested $60 million into the Cleveland Clinic’s $250 million Global Cardiovascular Innovation Center (GCIC) to attract, incubate and accelerate cardiovascular related companies. Cleveland's research base for the biotechnology and biomedical industry has tripled in recent years, from $50 million to $150 million. More than 100 biotechnology firms are located in northeast Ohio, along with more than 100 research laboratories. BioEnterprise is a business formation, recruitment, and acceleration initiative designed to attract outside venture capital into the Cleveland region for biomedical start-up opportunities. In just 5 years, the organization has generated more than $500 million in new VC funding, making the Cleveland region stronger in VC recruitment than many states as a whole.

Different Strategies for Investment Real Estate

I read a lot of investment strategies consist of the same cities over and over again. The strategies allow for many investors to get information to buy these areas. My strategies has always been to find areas that generate massive income and a relatively unknown to the real estate investment world.

In the Cleveland Ohio area are suburbs that have what's called the point-of-sale. This allows these neighborhoods to stay or pristine condition and generate high rental Rolls.

The Cleveland area is the only area that has a system in place in the United States of America. You can go to a lot of subdivisions and see the different type of homes one may be in great shape and the next may look horrible. That does not happen in the point-of-sale areas.

Let me give you a couple of examples I sold over 300 homes in the Phoenix Arizona market and there were always great homes in the subdivisions I purchased. There was always one home that either had a horrible yard, broken down car, or just look run down. In the point-of-sale areas(cities which I've enclosed a great slideshow to show you the subdivisions in) this does not happen. What does happen is he area stay very pristine and you do not have that neighbor that makes a whole area would bad.

The other obvious factor is the quality of the homes and the net result of your cash flow. We consistently run 15% or better on our returns and have plenty of inventory for you to buy. This is not mean that every other house foreclose on this just a great time and inventory to purchase real estate in these point-of-sale areas.

I know in the Phoenix Arizona market is very hard to buy a investment home right now because as I said before everybody's talking about the strategies and investment real estate. Phoenix Arizona happens a be one of their strategies to buy. Not a bad strategy I admit, but you have a ton of other real estate investors that are bidding on the same property you are. So getting a property is sometimes very difficult.

In the Cleveland suburbs you'll have to do that which saves you immense amount of money on your real estate investment. This allows you to buy lower and have money to buy more homes. You're looking at finished investment homes and duplexes that start at $40,000. These are homes would cost you double to triple anywhere else. And are starting rents are $850 per month and goes high as $1450 per. They cash Flow at 15%-25%.

So when you're send up your strategy for new investments consider the Cleveland suburbs and the great resources that we have for you to purchase these types of homes. I've enclosed a link for this weeks great home were offering as a special. Brett young Valley Realty

Guaranteed Cash Flow

One guaranteed rent for the first six months we now offer that option for clients. We have a great new insurance program that guarantees your rent for six months. Here's how works after we get it rehabbed and rented we will make sure and pay for insurance to cover your rent for the first year.

This insurance covers six months of unpaid rent which helps you maximize your cash flow. We are not saying you're going to use it we just putting it with your investment property to ensure that you have the cash flow security.

So with your purchase we will pay the first year's premium for your rental insurance and we will also get you a great deal to boot.

Want to get in to the most lucrative rental market in the nation, you found it ! We consistently make 15% or better on rental returns and these homes are in great neighborhoods that demand high rents.

We have consistently done that for the last four years and with our turnkey system you to can put your investment in turbo overdrive.

Look at our featured properties below that you can purchase now, these properties are very hot properties that we had to tie up immediately in order to offer them to our clients. So please take a look and call me yet 440-317-0977

Rooftopinvestment.com   2 special buys that make 16% on your money     Cleveland Heights Cash Cow We have this property under contract...4 large bedrooms....2 1/2 Bath this home is in the heart of Cleveland Heights Ohio great area and neighborhood. Call 440-317-0977 to reserve this property.   Cost $25,500 Rehab $23,000 Rent $1100 Net cash flow $640 per month   That's a 16% return on investment   Lakewood Ohio Duplex Cash Cow   Classic Lakewood Duplex that has 2 Bedrooms and 1 full bath in each unit. Hard wood floors throughout with spacious rooms and large Porch. This Duplex is located in Beautiful Lakewood Ohio and is walking distance from Downtown Lakewood.   Click Her Look at this duplex in Video   Cost $38,500 Rehab $34,000 Rent $675 per side $1350 Total Net cash flow $925 per month   That's a 16% return on investment   Call Lori 480-694-3735   Click here to get started in our system       Look at all our homes in video @ www.Rooftopvideo.com