Buying an investment/income property is just the beginning if you want to make it successful. Please watch these video's and
call me (Brett) 216-703-5740 Key Realty or WhatsApp real estate property management
Go to: https://realincomeproperties.blogspot.com/ for all our Clients Results
Every Week there are always new twists and turns in Investment Real Estate. I will be sharing all the ins and outs and how we handled them.
Go to: https://realincomeproperties.blogspot.com/ for all our Clients Results
Rent $1450 Tax $109 Insurance $60 Property Management $125 Net $1156
Go to: https://realincomeproperties.blogspot.com/ for all our Clients Results
Investing your hard earned money and expecting the vendor or partner to assist you in making the most you can for a property is what you expect.
I like to update our real estate income as we go. This property has the same Tenant that has been there for 37 months and is a great tenant
Check out the information below. We also replaced the water heater this year in this home. This property just keeps pumping Income.
Getting Consistent income is really every investor's dream. Having income every month has a better chance. This home in Lyndhurst is a perfect example of consistent income and growing equity. Over the years rental amounts have gone up over the years. Let's look the approx numbers 2020 tenant moved in Feb net $9115 2021 tenant moved out oct net $8141 2022 tenant moved in Jan 2022 Net $8571 2023 Net $10,174
2024 Net $8,349
2025 Net $1,644 Total rental income $45,994 We purchased the property in 2019 for $80,000 with $10,000 rehab and today that property is worth approx over $220,000. Let's look at the Approx Returns on this home. Approx Equity $130,000 + $45,994= $175,994 The return is Still approx 39% return. Need Good consistent income and equity? 2 tenants
Call me (Brett) 216-703-5740 Key Realty or WhatsApp me
This property had not been leased for about three months and was in a great area and it was a great property. The date was October 2019 when we took over this property. The property was purshased this property for $81,000 in 2019. The rehab was approx $20,000 fro a total of $101,000
Our Property Management was called into solve the problem for this client.
We listed the property and had at least in nine days for $1350 a month. The same tenant is still there today. We’ve had approximately $1000 and repairs over the last almost 5 years.
Let’s look at the approximate income for this property
Rent $1350 tax $324 Insurance $60 Property Management $108 net $858 we had it at that amount for the last 53 months
We raise the rent in April 20 2024 for $1550 a month. Let’s look at those approximate numbers.
Rent $1550 Tax $320 Insurance $60 Property Management $125 net $1045. We’ve had that for the last six months I’ll look at the totals on this one.
That’s why it’s important to have the best property management available. Shor we’ve had some issues with these tenants, but our owners never knew about it and we took care of it and the numbers prove that we work well with, making the most out of each property we manage.
This clients wants to sale. The Approx work needed to get top price is approx $40,000.
The property is worth $235,000-$255,000.
Let's look at the approx profit
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