Market Spotlight: Cleveland, OH (with Rent Guarantees) | PREI 457
Passive Real Estate Investing
Real Estate Investing with Marco Santarelli, Investor and Entrepreneur.
4.6 • 968 Ratings
🗓️ 5 January 2024
⏱️ 31 minutes
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| 0:00.0 | Welcome to passive real estate investing, the show where busy people like you learn |
| 0:05.2 | how to build substantial passive income while creating wealth for the long term. |
| 0:09.2 | And now here's your host, Marco Santorelli. |
| 0:12.3 | Hello and welcome back to another episode. Now here's your host, Marco Santorelli. |
| 0:13.2 | Hello and welcome back to another episode of passive real estate investing. |
| 0:16.7 | I'm your host, Marco Santorelli, |
| 0:18.7 | and today we have another great market spotlight for you. We haven't done a market spotlight in the |
| 0:25.5 | Cleveland market for a little over a year. So I thought it would be an opportune time |
| 0:30.0 | because it's such a great market. It's got great cash flow opportunities, lots of inventory, |
| 0:34.8 | investors really enjoy and appreciate what's available in the Cleveland market. |
| 0:39.6 | It's something that we'll talk about a little bit later here in the show is the true definition of a |
| 0:44.6 | turnkey investment property like what is a turnkey rental property and it was a |
| 0:49.6 | conversation that Tom and I were having offline before I started recording today's episode and it's just amazing how many people slap lipstick on a pig out there and call it turn key. |
| 0:58.8 | So we don't want you to make that mistake thinking you're getting a good property or a turnkey property and it turns out it actually isn't because it's going to end up costing you a lot of money and usually that's measured in thousands of dollars trying to cure the issues in that property. |
| 1:16.5 | So we want you to avoid that. |
| 1:18.4 | So let's talk about the Cleveland Ohio market and why it makes sense to invest there and the opportunities available and just educate you a little bit on what is one of these great opportunities out there. |
| 1:31.0 | So with that, with me today is Tom our fantastic property provider in the |
| 1:35.4 | Cleveland metro area. Tom welcome back to the show. |
| 1:38.0 | Hi thanks for having me. It's good to have you back on. I know we were |
| 1:42.0 | talking a little bit offline and it's always interesting conversation |
| 1:44.9 | and we ended up talking about things that I wish I was capturing and recording and I said, you know, |
| 1:50.2 | Tom, let's just talk about that on the show. So, absolutely. |
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