All Forum Posts by: George Hoover

Hi All,

This is a classic case of the real estate theory of relativity - everything is relative depending upon where you come from and where you are looking.  

However, at the end of the day, it doesn't matter who you are or where you invest as long as you do the homework and your numbers make sense.  

I would also throw caution at the idea the Cleveland has high property taxes as a general consensus because people may take that to mean all the suburbs as well.  For example, Westlake has relatively low taxes primarily because they have many businesses located there that pay taxes too.  So that helps offset the need to have higher residential property taxes.  Westlake is also a very well run city that has never had bad debt as long as I can remember.  So this in turn makes it a very desirable city to live in where you will most likely be in multiple offers against others on a solid home under $300k.

Happy investing!

Hello,

My name is George Hoover and I am a licensed Real Estate Agent located in the Greater Cleveland area. If you need to build your real estate investing team in the Cleveland area, I can help you. I have solid contacts with banks, hard money lenders, contractors, property managers, a property tax attorney, insurance agents, home inspectors, etc.

I am extremely diligent at what I do, I understand the local market and I respond back to my clients within seconds or minutes :). So if you would like me to help you buy or sell your investment properties in this area, I would be happy to assist you and share my contacts with you. If you are interested, we'll talk. If you're committed, we'll TAKE ACTION!

All the best!

Hello,

My name is George Hoover and I am a licensed Real Estate Agent located in the Greater Cleveland area. If you need to build your real estate investing team in Cleveland, I can help you. I have solid contacts with banks, hard money lenders, contractors, a property manager, a property tax attorney, insurance agents, home inspectors, etc.

I am extremely diligent at what I do, I understand the local market and I respond back to my clients within seconds or minutes :). So if you would like me to help you buy or sell your investment properties in this area, I would be happy to assist you and share my contacts with you. If you are interested, we'll talk. If you're committed, we'll TAKE ACTION!

All the best!

Wholesale Flip Opportunity in Parma, OH - Near Cleveland!!

Home Buyers Ohio has this home under contract to purchase but they are willing to assign their rights to purchase. Buyer pays all closing costs except taxes.

Single Family Cape Cod Home

• Built in1950
• 4 bedrooms & 1.5 bathrooms
• 1177 Sq. Ft above ground
• Basement: finished family room
• 1.5 car garage plus carport
• Extra large lot is 60 x 130
• Most lots only 40 ft. wide

Recent sales ¼ mile radius:

• 6088 W 54th St - $124,900
• 5910 Brownfield - $126,000
• 5505 Pelham Dr. - $125,600

ARV Est.: $120-125K

Rehab est. - $25-30K

Asking Price: $64,500

Great opportunity to flip a home in Parma. This would also make a very nice rental to hold for cash flow as well. 

Nice neighborhood south of Snow Road. 

Home is very solid but needs cosmetic updates. 

Contact me for the address and a link to additional pictures.

Thanks!

Attention Turn-Key Property Enthusiasts:

Great returns on an OFF-MARKET turn-key rental available with seller-financing and easy, easy terms. We will be closing on this property shortly. Wholesaler is a licensed broker in Ohio.

Fantastic opportunity to become a landlord with little cash down. This is a great rental in the greater Cleveland area - South Euclid!

Yes it's only a 1 bedroom, but at $800/month rent and the month-to-month tenant paying ALL utilities, the yield is really, really nice!

This property is a short drive to both Amazon fulfillment centers being built in Euclid & North Randall, OH.

Here are more specs:

• Taxes: $2609/year
• Newer roof on house and garage
• Newer electrical
• Newer hot water tank
• Newer furnace
• Newer windows
• 2 car garage in excellent condition
• Current owner is a contractor so he did the work professionally
• Tenant has been in place for a couple of years
• 3/4 full basement and crawl space

Let me know if you are interested and I will gladly provide you with pictures and any more details you would like.

Thank you!

Great returns on an OFF-MARKET turn-key rental available with seller-financing and easy, easy terms.  We will be closing on this property shortly.  Wholesaler is a licensed broker in Ohio.

Fantastic opportunity to become a landlord with little cash down.  This is a great rental in the greater Cleveland area - South Euclid!

Yes it's only a 1 bedroom, but at $800/month rent and the month-to-month tenant paying ALL utilities, the yield is fantastic!

This property is a short drive to both Amazon fulfillment centers being built in Euclid & North Randall.

Here are more specs:

• Taxes: $2609/year
• Newer roof on house and garage
• Newer electrical
• Newer hot water tank
• Newer furnace
• Newer windows
• 2 car garage in excellent condition
• Current owner is a contractor so he did the work professionally
• Tenant has been in place for a couple of years
• 3/4 full basement and crawl space

Let me know if you are interested and I will gladly provide you with pictures and any more details you would like.

Thank you!

Hi Jorge,

Please let me know how I can get in and see 2704 Natchez.  [email protected]

Thank you.

Hello,

My name is George Hoover and I am a licensed Real Estate Agent located in the Greater Cleveland area.  If you need to build your real estate investing team in Cleveland, I can help you.  I have solid contacts with banks, hard money lenders, contractors, a property manager, a property tax attorney, insurance agents, home inspectors, etc.  

I am extremely diligent at what I do, I understand the local market and I respond back to my clients within seconds or minutes :).  So if you would like me to help you buy or sell your investment properties in this area, I would be happy to assist you and share my contacts with you.  If you are interested, we'll talk.  If you're committed, we'll TAKE ACTION!

All the best!

Hi @Derek Love,

Welcome to BP.  You should get a lot out of this community.  I have certainly learned a lot myself.

It will be 2 years ago next month that I got my RE license from Hondros.  That was the best move I made.  It allows you to peak behind the curtain and see lots of great analytics and other fine details.  

I have a rental in Sheffield Lake that is doing well.  I would be happy to share with you how I got it there.  Feel free to reach out any time.

BTW, I'm sure @Tim Debronsky will do good with his rehab over there as well.

All the best!

HIGH YIELD OFF-MARKET turn-key rental available as an assignable contract. Wholesaler is a licensed broker in Ohio. 

Check out this great rental in the greater Cleveland area of South Euclid!

Yes it's only a 1 bedroom, but at $800/month rent and the month-to-month tenant paying ALL utilities, the yield is fantastic - 23% cash-on-cash return.

This property is a short drive to both Amazon fulfillment centers being built in Euclid & North Randall.

Here are more specs:

• Taxes: $2609/year
• Newer roof on house and garage
• Newer electrical
• Newer hot water tank
• Newer furnace
• Newer windows
• 2 car garage in excellent condition
• No POS inspection as the property is occupied
• Seller is a contractor so he did the work professionally
• Tenant has been in place for a couple of years
• Cash only
• 3/4 full basement and crawl space

Let me know if you are interested and I will gladly provide you with pictures and any more details you would like.

Thank you.