Real estate investors from all over the world are buying investment properties in Cleveland, Ohio because Cleveland, Ohio is known as a market that's good for cash flow investment properties. If you are a new real estate investor or buying property out of state, getting started in real estate investing in Cleveland can be tricky. It's very important that you buy rental properties right when investing in the Cleveland, Ohio real estate market. Just because a property in Cleveland looks good for cash flow doesn't mean it's worth what the seller is asking for it. You don't want to be that investor looking at everything with out of state investor eyes. In the 600th episode of The MLS Search & Analysis Show James Wise is making sure an out of state investor doesn't over pay for a 4 plex in one of Cleveland's east side suburbs called South Euclid, Ohio.
A lot of real estate inventors are wondering how to flip houses in California when the California housing market is out of control. Given the state of the California housing market, is California a good place to flip houses? A lot of Californians think the California real estate market is one of the worst markets for flipping houses on a small budget. Many California based investors are looking at flipping houses out of state due to the low cost of other real estate markets when compared to the California real estate market. In the 599th episode of The MLS Search & Analysis Show James Wise is working with a fed up California house flipper who wants to move his money out of California to start flipping cheap houses in cheap cities like Cleveland, Ohio.
The California housing market is one of the most expensive housing markets in the world. A lot of house flippers are wondering how to flip houses in California when the California real estate market is so much more expensive than other real estate markets. Given the high cost of living in California is the California housing market a good market to flip houses? Some real estate investors think California is a great place to flip homes but there is a growing number of Californian house flippers that think the California real estate market is one of the worst markets for flipping houses. This is especially true if you are a home flipper with a small budget. Because of all of these issues with the California house flipping industry many California based real estate investors are looking at flipping houses out of state due to cheaper cost of living that these other markets offer when compared to California. In the 598th episode of The MLS Search & Analysis Show James Wise is working with an experienced California house flipper who is sick and tired of paying extreme prices. This flipper wants to move his money out of California so he can start flipping cheap houses in cheaper real estate markets in the Midwest, such as Cleveland, Ohio.
Real estate investors who are looking to invest in real estate out of state are going to want to watch the 593rd episode of The MLS Search & Analysis Show. James Wise is working with an out of state investor who wants to buy a low cost single family rental income property. Single family rental properties tend to be lower risk than comparable multi family rental properties. Single family homes typically see a lower turnover rate as well as a higher rent per unit than multi family rental properties. Given that investing in out of state real estate is inherently riskier than investing in real estate in your own real estate market going for a lower risk property even if that cash flow numbers aren't as great can be a great choice for those getting started in real estate investing.
If you are interested in long distance real estate investing you may think that the only way to buy a long distance rental property is by going with a pure turnkey real estate investment company. This isn't true. This is a turnkey real estate investing myth. There are cheaper and more profitable ways for turnkey real estate investors like you to buy out of state investment property for pennies on the dollar compared to your home real estate market. In the 591st episode of The MLS Search & Analysis Show James Wise is working with an out of state turnkey investor to help them invest in turnkey rental properties in Ohio. What James Wise has found for them today is a rental property that's not exactly turnkey though. This single family rental property falls somewhere in the middle of a BRRRR deal and a pure turnkey real estate deal. James Wise calls this turnkey real estate investment strategy a slow motion BRRRR deal because the repairs will not be needed until later down the road after the out of town investor has already been making passive cash flow. Best of all, this is a completely turnkey process as HoltonWise will be the boots on the ground team for the long distance rental property owner handling the property management, tenant screening, tenant leasing, repairs, renovations, maintanance, rental property insurance and much more. If you are an out of state turnkey investor looking to maximize your cash flow on low cost real estate HoltonWise is your complete core 4 team providing you with all of the boots on the ground experience you need for a turnkey real estate investing experience like no other. HoltonWise is turnkey real estate investing made easy.
If you are like Dave from California you've heard about the BRRRR Strategy, right? If not, the BRRRR Strategy also called the BRRRR Method is a real estate investment strategy acronym for Buy Renovate Refinance Repeat. It's a great real estate investment strategy for those just getting started in real estate investing who have a limited budget to invest with. It helps real estate Investors grow their real estate business utilizing a relatively small amount of cash as investors can recycle this same cash over and over again on multiple deals. So if you are just starting out in real estate investing it's a real estate investment strategy you'll want to look at so you can stretch your funds. To stretch your investment capital even further, with the proper boots on the ground team behind you, you can pull of BRRRR deals out of state. In the 589th episode of The MLS Search & Analysis Show James Wise is working with an out of state investor named Dave to help him do a BRRRR deal analysis on a cheap property in the Cleveland, Ohio market that would make for a great BRRRR strategy deal utilizing something call the slow motion BRRRR strategy. At HoltonWise we are your entire core 4 all rolled into one. At HoltonWise we help real estate investors get started in investing in out of rental properties using the BRRRR strategy as well as more traditional turnkey strategies. After the BRRRR deal closes HoltonWise has a full lineup of turnkey real estate investing services including tenant screening, tenant leasing, property management, property maintenance, property renovation, landlord insurance, title insurance and much more. HoltonWise makes real estate investing out of state as accessible as possible for real estate investors working on a small budget so hit that subscribe button.
If you are getting started in real estate in Cleveland, Ohio you are in the right place. As the largest turnkey real estate investing company in the Cleveland real estate market HoltonWise is here to help real estate investors like you navigate the nuances of buying Cleveland income property. One thing that's very common in a popular turnkey real estate investing market like Cleveland, Ohio is bidding wars. In the 580th episode of The MLS Search & Analysis Show James Wise is showing turnkey investors how to navigate bidding wars on duplexes in Cleveland, Ohio.