Welcome to real estate profit

 W​e move faster, usually no more than 2 Weeks and we're back on the Market!  99.5% Success rate   Contact Brett 216-703-5740 Key Realty and Property Management   Better Properties - Exceptional Results   

Go to: https://realincomeproperties.blogspot.com/ for our results for out clients  

 See how we create Profit for our Clients with a Detailed Real Estate System  Then Contact Brett 216-703-5740 Key Realty 

Go to: https://realincomeproperties.blogspot.com/ for our results for out clients  

 Rehabilitating real estate properties can be an exhilarating yet challenging venture. 

The promise of transforming a neglected or outdated property into a desirable home or investment is appealing, but it also comes with significant pressures. Here are some strategies to manage these pressures effectively and ensure your project is successful.

  1. Understanding the Challenges Before diving into a rehab project, it's crucial to understand the common challenges you might face:

  2. Budget Constraints: Sticking to your budget is often one of the most significant pressures. Unexpected costs can arise, from structural repairs to unforeseen material expenses. It's essential to build a contingency fund into your budget to cover these surprises.  

3. Time Management: Time is a critical factor in real estate rehab. Delays can increase costs and reduce potential profits. Effective project management and realistic timelines are vital to keep the project on track.  

4. Finding Reliable Contractors: The success of your project heavily depends on the quality and reliability of the contractors you hire. It's important to vet contractors carefully and ensure they have a proven track record.  

5. Compliance with Regulations: Navigating local building codes and regulations can be complex. It's necessary to ensure all work complies with local laws and obtain the necessary permits to avoid fines and legal issues. 

 We have done 800+ rehabs and understand all the cities and their regulations

   Make if easy Contact Brett 216-703-5740 Key Realty and Property Management 

NEED REAL ESTATE THAT PROFORMS? Call me

See our results @ https://realincomeproperties.blogspot.com/

  We leased this property in August 2020 for $1050 a month. 

Very small 1 bathroom home but it produces. 

The rent has increased over the years and the same tenant has been in this property since Aug 2020 or 56 Months   

Let's look at the Approx Net Deposited in the owners account. After Property Taxes, Insurance, repairs and Property Management  

 2020    $  2,630 

2021    $ 9,552 

2022    $11,058 

2023    $ 5,623 

2024    $ 6,468 

2025    $ 2,821   

Total $38,152

 Deposit in this Clients bank Account   

NEED REAL ESTATE THAT PROFORMS? Call me

See our results @ https://realincomeproperties.blogspot.com/

 When investing in real estate, many people focus on finding the perfect property and securing the best financing. However, one of the most common mistakes is underestimating the importance of effective property management.

 Here’s why you should never overlook this crucial aspect of real estate investment. I have also noticed they never talk about all the money they make even if the deal goes not so good?   I love to show our results for our clients because they get ownership and 100% of the properties net income. No splitting up with multiple people, just the owner getting all the greenbacks. 

NEED REAL ESTATE THAT PROFORMS? Call me

See our results @ https://realincomeproperties.blogspot.com/

 Creating a budget for rehabbing a rental property is crucial for ensuring profitability. A well-planned budget helps manage costs effectively and maximizes return on investment. Here is a guide to structuring a comprehensive rehab budget.  

Initial Assessment Before creating a budget, conduct a thorough assessment of the property to identify necessary repairs and improvements. Consider the following:  Structural Integrity: Examine the foundation, roof, and walls for any significant issues.  Plumbing and Electrical Systems: Check for leaks, outdated wiring, and necessary upgrades.  HVAC Systems: Ensure heating and cooling systems are efficient and operational.  Pest Infestation: Inspect for termites, rodents, or other pests.  Updating Interior and Flooring  

1. Labor Costs Contractors Skilled labor (electricians, plumbers, etc.) General labor 

2. Materials Flooring (carpet, tile, hardwood) Paint and wallpaper Fixtures (lighting, plumbing) Appliances  Every Property we do has all the ingredients to ensure Success and keep the property on budget.  

The process should be able to get the desired rent. Our clients get that 99% of the time. The 1 % gets it also we pay for the extra needed ourselves.  Getting a property ready to lease is a big task that our team does for you and all you have to do is relax.  

NEED REAL ESTATE THAT PROFORMS? Call me

See our results @ https://realincomeproperties.blogspot.com/