Under the Roof News Letter: Real Estate news eXPLAINED 01/12/17 Edition

Under the Roof News Letter: Real Estate news eXPLAINED

Serving Clients Since 2000

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2018 Edition

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American Dream Has International Appeal

We are closing a home that we sold for a international client, having knowledge of their detailed needs helps them get their American Dream and sometimes international sellers need boots on the ground. Let me show you why:

We got a call from the title company (not a good one) that said our client needed to pay a 15% capital gains tax for selling their home. We were a bit taken off guard. We called the title company and worked with them for 3 hours trying to understand why our client was charged 15% tax on their sell.

Come to find out the title company did not have our clients tax ID number, even though the property was in an LLC (that is why we where confused). We got them the tax ID number and our client saved 15% of the sale of their property.

International Buyers and Sellers need agents that know their needs. We just closed two homes for a international client and they had some issues over the Holidays wiring funds. We called both agents and explained to them the issue. Those agents in turn let their clients know what was the hold up. We closed both homes last week. Communication is very important for international buyers and sellers.

Property Management is also a huge issue and finding a good one is hard to do. We are starting on one of the homes today we closed and already have a tenant for that home. There is some work that needs to be done and the new tenants can move into their new home. All that has to be organized and planned through.

Location is everything for international buyers to have smooth and consistent income or a place to hang their hats. We do sit downs with our clients and get their detailed needs for their properties. Basically I spend a lot of time with them understanding their needs and goals for real estate.

We also have all the services they could ever want. Tax advisers, Attorneys , insurance, and many other professional services they may need. Basically we are a one stop shop for most international buyers and sellers.

The American Dream does have International Appeal and we are here to help those dreams get done in Real Estate.

Call me for a FREE consultation on what we offer to international buyers. I’m Brett 216-703-5740 Century 21 Premiere and 602-363-6551 EXP Realty and Playa Azul 

Platinum Partners RE Investment Network Cleveland

Networking with other investors and getting ideas. Coming to Cleveland? Check us out Click below to join

Home For Sale: 7505 Mystic Ridge Rd, Chagrin Falls, OH 44023 | CENTURY 21

Beds: 4 | Baths: 4 | Half-Baths: 1 Building Area: 3024 Sq. Ft…Luxury Pulte Home


Thie home was built in 2011 Call Brett 216-703-5740 Century 21 Premiere 

Creating ways to get Real Estate that works for people plus a New video

We just purchased a couple of nice homes for a client that fits their portfolio needs. This client had specific needs that had to be met for their portfolio. They also needed a back up property management system that would keep their properties cash flowing. December we found this group two really nice homes for them and their clients. We are also assisting in getting these home quality tenants which will not be hard.

Currently we are working on changing a lot of stuff in our business that will benefit our clients. For example we are getting a new software system that will inform our clients everything that is on the market and coming on the market that might fit their needs. Communication is everything in this business and it has to be current.

We currently have an app for our clients that will let them take a pictures of any house and access information immediately on that home. Imagine driving down the street and you see a home that is empty and being able to get all the information from your cell phone. YIKES!

Some of our clients want to see all new homes that come new on the market for sell in certain detailed areas…we can set that up so they can see them in their email when they come on the market. I have one client that wants to see everything that comes up in the market for the Village in Chagrin Falls for example. After watching Major Crimes on TV Chagrin Falls Ohio may get a lot more popular.

We also have clients that need updates on their homes they are purchasing through us. They not only get exceptional pricing they also get quality upgrades that add value to their homes. All the details are set up for them before closing their new home.

Getting ways for our clients to have the upper hand on this busy real estate market is our top priority. Getting ready to buy or sell your home? Call me for a free consultation 216-703-6740 Century 21 Premiere and 602-363-6551 EXP Realty and Playa Azul

Want to downsize, or Relocate and sell your existing home?

A lot of home owners either want or need to downsize or need to relocate. Now may be a great time to do that. The real estate market is very good and there are a lot of buyers needing homes.

Finding a home can be difficult after you sell your home, but we always get the job done for our clients. Recently we had a client who needed to relocate in Ohio because of a job change. I listed his home and sold it in 6 days for almost full price.

My wife Lori took Him and his wife out to find their new home. They located two properties and we had their new home in escrow in 2 days. They are very excited and most of all their stress level went away. We have done all the inspections and appraisals for both properties and they will close at the end of this month. They now are getting ready to move in their new home.

We have a stress free real estate buy and sell system that help our clients get on with their lives and also get a great new property. We know you have a busy life and need to have less stress in it. Not only do we create a stress free environment, we also get real estate done for you.

We deal with a lot of sellers that are out of state and out of the country. We sell their homes and or get them leased. Recently got a home that had some bad property management and we not only got he home leased, but for top dollar. My client called and thanked us for a stress free experience and of course he was happy making income on his property.

Recently we got a portfolio of properties that an investor wanted to sell. We created a nice marketing program for his properties and they are selling. One agent told my seller very low sale prices that he thankfully did not take. He is sending all his fellow investors to us to handle the sell of their properties.

Need an Real Estate Agent that is a knows what their clients want? Let us create that stress free environment for you and have fun while we are doing it. 

I’m Brett and I have been an agent for over 18 years and in real estate since 1985. Call 216-703-5740 Century 21 Premiere and 602-363-6551 EXP Realty and Playa Azul.

Leased for top dollar: Income Stream has started

This is a part of my real estate business that we do for our clients. This client needed a home rented and turned around to making money. He has done multiple properties with me and was a very good investor. 
This home was purchased before he met me and it was in an decent area that could get up to $1100 a month rent. We worked through some of the issues that needed addressed and put the home up for rent.
There where many possible tenants through that questioned the rent or their credit was not up to the rental price. After many possible tenants we found a lady who really needed to be in that neighborhood for her job. She also loved the home!
We ran all the credit and she qualified for the rent amount $1100 a month. Last night we signed her lease agreement and she was very excited about her new home. 
My client that owns this home is also very happy, because he knows that this tenant can pay the rent and is credit worthy of this lease. He should see a nice long income stream with this new tenant.
Whether you need to lease or sell a home we have the services that benefit you and your needs. We love to get real estate done for our clients. 
Today I am trying to get a home closed early for a client so they can move into their new home the first of February. 
Need help finding or selling a home? I’m Brett call me at 216-703-5740 Century 21 Premiere and 602-363-6551 EXP Realty and Playa Azul.  

Home Values Record High in 2017

This article comes from https://thinkrealty.com/ by Carole VanSickle Ellis that talks about the growing price of real estate and how much of our economy is based on real estate. People forget that real estate whether your a homeowner or investor creates a ton of cash for people. Our real estate sells are bigger than the French Economy and British Economy. That means there are a ton of opportunities for home buyers and investors in this market.

You have to live somewhere by paying rent or buying a home. Homeowners get the advantage of this economy through real estate equity growth.

” At the end of 2017, the total value of all the homes in the United States reached $31.8 trillion, which is more than one-and-a-half times the gross domestic product (GDP). This is almost $2 trillion more than the value of all U.S. homes at the end of 2016, and a record for national, cumulative home values. Not surprisingly, some markets contributed more to that total number than others. In Los Angeles, homes in the metro area were determined by Zillow to be worth $2.7 trillion. That is about the size of the entire British economy. In New York City, homes were determined to be worth about $2.6 trillion, or roughly the size of the entire French economy.”

Real estate is a big factor to how we make out nest eggs and create wealth for ourselves and family. United States is a great place to buy and live in real estate. It is also a great place to buy and create income for yourself.

“Real estate investors should take several lessons away from this information. First of all, anyone considering buying a home in 2018 will likely feel that the situation has become more urgent when they see how quickly home values are rising on a national level. Perhaps equally important, however, is the market-by-market analysis of the national numbers and some of the minutia that gets lost in the headlines. For example:

  • Available housing inventory fell 10.5 percent over the course of 2017
  • Renters paid more than ever in 2017, spending a total of $485.6 billion (and making homeownership look more attractive all the time)
  • Housing affordability is down for renters and owners, so investors who can offer affordable housing will find themselves competitive in almost any market
  • Rental rates are still rising, making owning rental properties an attractive long-term investment option”

People have to live somewhere and usually that means they have to pay for it. With the inventory low there are some opportunities for home owners and investors to capitalize in buying real estate and creating equity in this market.

We comb the internet and network to find these homes for are clients. Just yesterday we wrote 2 contracts for clients to purchase homes. We also got a nice counter offer over on another home. Even with the low inventory there are still some excellent deals to be had.

Need Real Estate Done? Give us a try, my name is Brett call me at 216-703-5740 Century 21 Premiere and 602-363-6551 EXP Realty and Playa Azul.

Sunday Brunch: Special Report: 2018 real estate industry outlook

This article comes from https://www.inman.com by Jotham Sederstrom that gives his take on the 2018 real estate market. Let’s dive in and see what they say?

Of the 653 economists, developers, agents and owners who participated in Inman’s annual Industry Outlook survey in December, a vast majority — more than 71 percent — stated they were optimistic about the economy going into the new year — a 1 percent increase from the year prior.”

That is a large percentage of professionals that think the economy will be doing better than 2017. With the tax bill passed and people still looking at all the details, it looks like it will be great for the economy and adding dollars to the American workers pockets. I saw just this morning that a large insurance company was handing out some bonus’s to their employees because of the new tax bill.

“The pent-up desire to spend is again palpable,” commented a New Hampshire broker who reported being “extremely optimistic” about the 2018 housing market, economy and his own personal success next year.”

There are a lot of home buyers that have been on the fence about buying a home. It looks like a lot of them are getting off the fence and buying their family a  home.

I was listening to a podcast last week and the speaker mentioned that 64% of home buyers will be millennials in 2018. They also mentioned that older buyers that are downsizing will spend about what they sell their larger home at.

“Inventory is low,” said one agent, who also reported holding a negative view of the new tax reform laws while simultaneously harboring goodwill for the president. “Interest rates did not rise over the last two years as predicted. I think this is the most normal the market has been in years. We are back where we were in 2006 as far as values are concerned nationwide.”

That is great news and with the lending practices far different than they were in 2006, the market should see home prices rising and a stable real estate market.

Interest rates have not gone up much and they probably will not this year. The key is getting a home in this tight inventory market. That is what we specialize in, finding people homes. Call me I’m Brett 216-703-5740 Century 21 Premiere and 602-363-6551 EXP Realty and Playa Azul

Support independent publishing: Buy this book on Lulu.

Brett’s media company generates a six figure income every year for the last 17 years, with no cold calling. His media company gets over 600,000 hits a year, creating a steady stream of clients. That is what this book is all about getting Realtors the information they need to set up their own media/marketing and branding company.

Support independent publishing: Buy this book on Lulu.

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2 Comment

  1. fund side income

    1. By56083 says: Reply

      What do you mean??? Thanks

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