Real Estate is a changing asset base with all the new ways it can be used. There are many more ways to look at home and properties in today's new modern world. You can create income homes in many different ways. I always go to a Networking meeting on Friday Mornings and listen to a great Podcast called Real Estate Success Rocks I highly recommend it.
They had a guest that uses AIR BNB for income real estate, and it is astounding how much people use this service. Over 31 billion Dollars worth, and that's bigger than any Hotel chain in today's market. They are building homes that are created to be rented at AIR BNB and the income is based on the market for AIR BNB. I love this new technology and will be studying how to implement it in the very near future.
Cleveland got estimated $113,000 in games 3-4 from AIR BNB income according to http://www.crainscleveland.com/. YIKES that is some good coin.
Cleveland downtown actually has 95% occupancy on their rentals and there are some places that have a line of potential tenants wanting in to some rentals.
Real Estate is changing for areas that have created an environment that people want to stay and relax in. You need to know what those areas are and what is the appox income and there sources.
I took some clients out Thursday that looked on Zillow for their real estate and found out that what Zillow said was available was not. I set them up with the new up to date Website EXP created that can break down cities and the listings are current. The website is updated daily from the MLS. Click here to view that website. Now they have the tools to purchase their perfect home.
Real Estate is really changing and you need a new up to date Realtor that follows the new technology and how it helps your pocketbook. Let me set you up to know exactly what all your options are in buying or selling a home.
Learn all the new ways to look at real estate I have...Call an up to date Realtor I'm Brett
216-703-5740 EXP Realty Ohio and 602-363-6551 EXP Realty Arizona
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Thank you