The Govt will Pay you to Build an Airbnb in Cleveland | Investment Properties For Sale - 6915 Hague
Channel: HoltonWiseTV
Date: 2021-10-30

There are many reasons why real estate investors from all over the world are flocking to the Cleveland real estate market to invest in income properties of all kinds. There are many real estate investment strategies that work well in the Cleveland market. Cleveland is rip with low income rental properties that feature a high price to rent ratio and a ton of cash flow. Cleveland is a real estate market that is popular with house flippers because the of the abundance of distressed properties available for pennies on the dollar. In addition, Cleveland also has a strong short term rental market as well as an emerging new construction market in some of it's most gentrified neighborhoods like Gordon Square, Tremont, Ohio City, Little Italy and Edgewater. One of the reasons new construction in Cleveland is so attractive for investors is because of the Cleveland tax abatement program on new construction built in Cleveland. What can be better for your return on investment then having a government tax grant for investment property construction? A government tax grant for investors in Cleveland is one of the biggest game changers in Cleveland new construction in decades. In this episode of The Investment Properties For Sale Show James Wise is offering real estate investors the opportunity to bid on a condemned house in one of Cleveland's up and coming neighborhoods that is extremely popular with Airbnb rentals and new construction due to the gentrification made possible by all of the Cleveland tax grants available to investors, developers and home owners alike. James breaks down the process of how investors can learn how to get a tax credit to build a house to be used as an Airbnb rental property with a 15 year tax abatement from the city of Cleveland. Note that a tax credit for income producing properties in Cleveland means there will be many interested bidders so have your proof of funds ready if you'd like to take the leap into new construction & Airbnb investment in Cleveland.


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