at historical low prices. We’ve seen these prices for the last five years and
think it’s just going to go on and on. I never said this in six years but I
think the end of these historical low prices is getting near.
real estate market. Let’s first talk about the Cleveland market, I saw in the
real estate news this week that real estate sales had doubled in the area. Tim
one of my agents I work with mentioned that over 180 sales of homes in the Garfield Heights area sold this month.
was being built and they expected a few sales to happen on their grand opening.
When they opened up there were 30+ people waiting to get into their sales area.
Within two hours they had sold 39 homes and had to shut down the sales area in
order to fulfill the paperwork needed to get the 39 deals under contract.
according to the news. They are quickly getting People’s mortgages lowered and getting the
payments back on track.
the banks were starting to lend more money for mortgages. The mortgage rate is
still at historically low rates and with the refinances up this means more
money in the real estate world.
game, and getting with the right company that can get you properties quickly is
the key to your success. I know I took a lady around on Monday that cannot
understand how I have so much real estate under contract and in progress. She
had been searching for literally six months and has gotten nothing. I quickly
informed her that she needed to get with the our company because we deal with
investment real estate only. We have people on the ground every day they bring
us the best deals.
Remember in the investment world there is no
secret way to get real estate, it is just first come first serve. So understanding
that all foreclosed real estate must be given to the general public first means
the good ones are gone quicly. So if you want to get into the real estate
investment game at historically low prices then you need to get going today! Contact Brett @ 602-363-6551 Or email me Rooftopinvestment
I used to own a Dairy Queen in Scottsdale Arizona that cost me about $250,000 to open. That proved to be a very low profit and very heavy workload business. I basically spent 80 – 100 hours a week working that store. I ended up making $20,000 – $30,000 a year doing that business. I sold the business and broke even and was happy to do so, the prison sentence was over.
Now I do real estate and our profit is high in my workload is way less. Once I get a property done we get a tenant in and make 15% or better on our rental income. Our average equity position is around $30,000 – $50,000. From time to time I have to go do a little maintenance but I don’t have to show up every morning or work 80 – hundred hours a week.
Using real estate as a business format is a great idea. I have two investors that started a real estate business and have purchased 10 properties and recently purchased a new one as of Friday of last week. They generate right at $7000 net per month on their properties. They have very high quality investment real estate in great areas. They have a total of $500,000 invested and have well over $400,000 in equity. That makes their current rental returns at almost 17%. That is just on the rental if you add the equity that’s another 80%. I don’t know what business you’re going to buy that will get those types of numbers, and you do not have to work 80 –100 hours a week.
You may say I don’t have $500,000 to start a business? There are a lot of ways to get that money including getting partners to help you with the initial investment. Don’t forget about your IRA account it can be converted into a cash flowing machine with your self-directed checkbooks.
We have another client that’s purchased five properties that generate her $3125 per month. That’s $37,500 a year of net cash flow. She will also have $200,000 in equity that she can cash in in the near future. That’s a 19% return just on the rental return!
So if you’re thinking about starting a business and you don’t want to put in 80 – 100 hours a week then look at real estate. There is no other business with these type of returns and not working all those hours to make sure your business is generating income. With our turnkey approach we help you not only find the property we keep it generating a high income for years to come. In the Cleveland area real estate has doubled in sales from last year, so the time is getting near the prices and inventory are really going down. Rents are high and real estate is very affordable.
So call Brett today you started on your real estate business 602 – 363 – 6551.Or visit our website Www.rooftopinvestment.com
get income for the future for your retirement. We have many clients that use their
IRA to invest in investment real estate. The returns are much greater than
almost all stock portfolios you can find out there. Returns range from 15% –
25% just on the rental income and that does not include your equity position. Remember we pay wholesale prices not retail prices.
have a 50% or better equity position in our investment real estate. Another
key factor is affordability and quality of the investment real estate. There
are a lot of areas you do not want to buy in because they will never be worth
any more than what you pay for.
only investment real estate.
that type of real estate. We can find properties that are very quality areas,
high rents and have a great equity position. If you had add up returns in
rental income and equity you’re looking at about the 65% – 75% returns. With the
economy the way it is we will probably never see these type of returns again for the low price entrance in the market.
Lakewood Ohio area for $72,000 total. This property grosses $1450 a month in
rent. The net cash flow after insurance – property management – property taxes
is $900 a month plus. So let’s look at this return on this property. The $900 a
month times 12 you is $10,800. That is a 15% return on just the rental income.
The value today on this property is between $115,000 – $130,000 so let’s just
say for this example $120,000 is what it’s worth. That’s a $48,000 equity
position divided by the $72,000 that would create a 67% return. So in this
example our client is making 82% on his money. Please tell me what stock will
do that for you and was CEO will pay you a 82% return on your money?
easy to do. We have all the information you need to get your going on investing
in real estate with your IRA. So quit getting that 3 to 4% return on your Ira
with today’s market and get going with investment real estate so you can have a
serious and exciting retirement. Remember with inflation about 3% making 3% or
4% on your money is basically making nothing.
investing in real estate you control it. So if you want some free information on how to set up your
IRA to invest in real estate please sign in below and we can get you going. We
will also send you some examples of real estate that we have done for other
clients. You can always go to rooftopvideo.com and check out before and after an
update pictures and videos of properties we have done and are doing. Brett
young Valley Realty
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
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Five things you must look at before you purchase a investment property
The first thing you definitely want to look at is the quality of the neighborhood and the property. This is important to make sure you get consistent rents in the area your purchasing your property in. I personally like more established areas because of the age and I can get a better idea of how good the neighborhood really is. Example if you have a more established neighborhood mature properties you get a better idea how the area upkeep will be. Newer areas sometimes look great at first but suffer later because of bad buyers and people not desiring the area a longer.
The second thing you need to look at is the numbers, a lot of homes look great at first, but you need to see what the profit will be before you fall in love with the property. I always look at the rent minus the insurance, taxes, and property management. This will give you a great idea of your net profit if you don’t have a mortgage on your property. I always stay with the best priced homes in the best priced areas so in this story we will be talking about cash deals
The third thing you must have is a good team around you to handle all the issues associated with your investment property. Most investors sometimes forget what they will need two years down the line after the property needs a little maintenance. So make sure you have a great team to handle all your construction, purchase, maintenance, insurance, property management, and all the other little issues that might arise while you have your cash flow property.
Number four would be the return on the investment property that you’re buying. In this market although I think we have a short time left should be around 12% or better. That does not include the equity position in the property is just the rental or lease option return that you’re getting at this time. With the market the way it is today you need great returns because of the lack of lending for home buyers in this market. That’s why investors are prospering so much in this market because of the high rate of returns in some areas. Our team buys in the Cleveland Ohio area suburbs and we average 15% or better on our properties
The number five reason and final one for this story is being able to get properties. In this market. I know in some areas is hard to buy the property especially investment property. So make sure when you go to an area they have a decent amount of inventory. You need to be able to buy as many homes you want and be comfortable that you can get enough properties to add your portfolio. A lot of investment strategies go right out the window if you can’t buy any properties. So be sure that the area you want has the inventory for you to continue investing for the long term.
One final addition is to make sure you stay in larger cities. I like 1 million or more. This ensures you have a large pool of tenants to choose from. You will also get better prices on the maintenance issues.
If you want to go see in our areas please check out rooftopvideo.com I have a lot of homes on their and areas can see. You can also check out some of my great deals just click here to view. Brett young Valley Realty
Cleveland Ohio is a very diverse workforce including Cleveland clinic just did a $400 million addition. They have their own private airport and police force in one other very large facilities. They are world renowned in the medical field. The Cleveland clinic has multiple campuses throughout the Cleveland area.
Another large employer is Progressive Insurance which has their corporate headquarters in the Cleveland area. They are located in Mayfield Ohio and are one of the largest employers in the Cleveland area.
We also have University hospital which is just finished a cancer clinic and they have multiple campuses throughout the Cleveland Ohio area. Their main corporate office is in Shaker Heights Ohio a suburb of Cleveland. They employ thousands of people.
There are also 25 universities and colleges in the Cleveland area including Cleveland state, John Carroll College, Case Western, and many other facilities to attend. These universities and colleges employ thousands of people and are doing a record attendance in this economy.
Cleveland also has Morton salt and Cargill they mine salt underneath Lake Erie and employ thousands of people.
We also have a large steel mill that is currently adding over 750 jobs in the Cleveland area and has Arcola aluminum company right next to it also.
The Ford plant that builds Taurus is also adding 700+ jobs for a new transmission line for one of their new lines of vehicles.
Cleveland also has many other resources for jobs such as Stouffer’s frozen food owned by the Nestlé company, there is a large Hyundai parts plant, and many other large facilities that make Cleveland a great employment area.
Our employment is at 7.7% currently which is underneath the national average of 8.3%.
The Cleveland area also has a large diverse entertainment industry including one of the best theater and Symphony districts in the nation.
Other forms of entertainment are Lake Erie which has many private and public beaches to enjoy, Cleveland zoo, rock ‘n roll Hall of Fame, Boston Mills ski resort, festivals, science center, professional football, professional baseball, professional basketball and many very unique eateries to choose from.
The diverse population in the Cleveland area is moving toward the white-collar section and many professionals and companies are moving here simply because of the cost of living and the amenities that Cleveland offer. The international airport ,great highway system and great hotels to stay at makes Cleveland one of the best and most affordable places to do business.
We have very quality neighborhoods that generate 14% or more on just rental returns. The quality of the neighborhoods are second to none and these homes are a lush very nice streets. The suburbs have the only point-of-sale system in the United States making the neighborhoods stay very nice and collecting very high rents. Our average cash flow on a home is $600 plus net a month, rents range from $950-$1100 per month.
We also have areas that require more capital but have returns 16% or better and are very quality neighborhoods. The cash flow on these products are $800 net a month and up. Rents start at $1350 per month.
So you can see we cater to all aspects of investments, andhttp://www.blogger.com/img/blank.gif understand that the cash flow and quality of the product is the bottom line to your success. We have set up a very turnkey system that handles all aspects of your investment property and will take care of all your investment needs. We also have a large inventory of homes and can easily get you a great buy. our properties stay within budget and get done on a very consistent time.
We have over 30 years of experience in the investment real estate market and have purchased over 600 investment homes since the year 2000. So please consider us for your investment source we have the contracting, licenses realtors, licensed property management, maintenance company, and will help you with all your administrative needs. Brett Young Rooftopinvestment.com
Look at this weeks deals
There seem to be a lot so called real estate experts in this market. I see constant ads with experts saying that they can show you how to buy wholesale real estate. What they don’t say and do can kill you as an investor
I had a investor fly in from San Francisco this week and he had been looking at different markets to invest in. He had told me that everyone he had talked to had gave him a great sales pitch.
The so called expert would then get into the details of cash flow, worth etc. that’s when he said the conversations would allows go south. In most cases the so called expert would touch on the details and go right back into a sales pitch. The investor was really getting discouraged until he called Rooftopinvestment.com and got detailed numbers and the systems to make sure those numbers happened. The investor was an investment banker and understands numbers and systems that need to be in place to be successful.
He ended up purchasing a great property and we are currently getting it in escrow.
I also got a call from some foreign investors and they were having problems finding a good contractor. They had purchased 6 properties and did not have any system to get them rehabbed after that. These Investors got very excited on buying a investments properties, but failed to have a system in place to make sure the numbers work.
We met them and looked at thier properties and are currently negating the contracts. We also have the property management system that will get there properties rented with quality tenants.
So don’t get killed being an investor out there, do your research and make sure that you have all your bases covered before you invest your hard earned money on the wrong real estate expert. Making money in real estate is not hard with the right system in place. Brett Young Valley Realty Rooftopvideo.com
“Servicing Investors since 2000″
Real Estate Investment | Buying To Let, Rental Properties | Investment Property Call 440-317-0977 Our next live webinar
Rooftop Profit Max was formed for investors, by investors. We offer a large menu of investment opportunities. Our strategies are backed with 25 years of investment experience, that ensures we will find our investors the “cream of the crop” properties, then offer them through our proven Turn-Key System. Our cash Flow products generate 25%-35% return on your investment Click Here to see our properties. We also have solid flip properties that net you $10,000-$30,000. Check out our prices. You won’t believe it.
The Rooftop Profit Max System ensures returns like you see below, through our ability to control all facets of each transaction. We have developed a team of professions that provide all the investment services as a package. Our licensed Realtors, contractors and property managers know the local markets and understand the spreads. With this knowledge and the volume of transactions our group produces, we can control costs giving our investors the best possible deals.







