When you are buying investment real estate, especially in Cleveland. When you get into a major rehab there are always surprises. For example I was reading a post on a new investor that stated they were already 20% over budget and they had just started.
That happens on big rehabs; they just cost more especially in older homes. We always understand what our rehab is from the get go. This saves money and creates more profit for our clients. 99.5% of the time our clients pay what was expected and it's not major rehab that takes months to finish.
Longer rehabs also take a lot of time for your money to sit at a property. We like 4-6 weeks and getting a property leased on average 18 days. This maximizes our clients profit and gets the money going a lot faster
The investor can get to their next investment faster and make the wealth creation faster and safer with a lot less risk.
After 1200+ properties I have seen what large rehabs can do to a pocketbook.
Call me (Brett) 216-703-5740 Key Realty and Property Management
Better Real Estate - Exceptional Results
Click here to schedule a 15 min meeting
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Thank you