The property had the same tenant for 42 months, and a new tenant moved in last night. During that time, it generated $32,384 in net income after property taxes, insurance, and property management expenses.
These are the types of properties I personally look for—for myself and for my clients.
I recently spoke with a competitor who said rental properties simply do not make money. My response was simple: They do when they are purchased correctly, improved properly, leased to qualified tenants, and professionally managed.
Successful real estate investing is not only about buying a property. It is about buying at the right price, controlling renovation costs, keeping the property occupied, retaining good tenants, and managing expenses.
That is why I regularly post available investment properties and actual performance results on our website. I want investors to see that properly selected and managed Cleveland rental properties can produce strong income while also building long-term equity.
Our properties typically average an estimated 18% to 23% total return after three years, including rental income and equity growth.
Need real estate that actually works for you?
Cleveland Income Real Estate
Key Realty LTD-Brett Young
Call/Text: 216-703-5740
Website: https://www.clevelandincomerealestate.com/
Stats: https://realincomeproperties.blogspot.com/
YouTube: https://www.youtube.com/@BrettYoungCashflowhomes
Buy. Rehab. Rent. Manage. Build Wealth.
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0 Comments
Thank you