Millionaire Investor Reviews Home Inspection |  MLS Search & Analysis 131 - 3255 W 56 & 2904 Daisy
Channel: HoltonWiseTV
Date: 2020-08-07

How investors read the inspection report is very important. As an investor buying under valued real estate the way you review a home inspection report is different than how a traditional home buyer would read a home inspection report. In the 131st episode of The MLS Search & Analysis Show James Wise is looking for cash flow for his client Carey. 1st James provides due diligence on a renovated single family home that piqued Carey's interest. James Wise goes over the estimated income and expenses as well a thorough review of the 3rd party inspection report that was performed for a previous buyer who didn't close on the sale. Doing this review of the 3rd party inspection report James put the inspection citations in perspective as this is a 100 year old property that costs less than a SUV & many investors read inspection reports and fail to look at it with the proper perspective. Next James Wise goes over the numbers on a fully occupied duplex in the MetroHealth area of Cleveland, Ohio. The MetroHealth area is currently a high risk area but James thinks it's an area that's going to see a turn around in the coming years due to it's location as well as a $1 Billion investment. 

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🎙️ MENTIONED ON THE SHOW

Edgewater. Cleveland, Ohio
https://en.wikipedia.org/wiki/Edgewater,_Cleveland

Gordon Square Arts District. Cleveland, Ohio
https://www.gordonsquare.org/

Tremont. Cleveland, Ohio
https://en.wikipedia.org/wiki/Tremont,_Cleveland

Ohio City. Cleveland, Ohio
http://www.ohiocity.org/

Lakewood, Ohio
https://en.wikipedia.org/wiki/Lakewood,_Ohio

Rocky River, Ohio
https://en.wikipedia.org/wiki/Rocky_River,_Ohio

Fairview Park, Ohio
https://en.wikipedia.org/wiki/Fairview_Park,_Ohio

Old Brooklyn. Cleveland, Ohio
https://en.wikipedia.org/wiki/Old_Brooklyn

Cleveland, Ohio
https://en.wikipedia.org/wiki/Cleveland

MetroHealth Transformation
https://www.metrohealth.org/transformation

With $1 Billion in Development Coming to Clark-Fulton, Latino Leaders Want Progress On Their Terms
https://www.clevescene.com/cleveland/1-billion-in-development-is-coming-to-clark-fulton-and-latino-leaders-want-it-on-their-own-terms/Content?oid=31464230

MetroHealth announces $60 million investment in Clark-Fulton neighborhood apartments
https://www.cleveland.com/business/2019/06/metrohealth-announces-60-million-investment-in-clark-fulton-neighborhood-apartments.html

MetroHealth announces initiatives around housing, healthy food, job readiness and more
https://www.crainscleveland.com/health-care/metrohealth-announces-initiatives-around-housing-healthy-food-job-readiness-and-more

The Tenants From Hell Show
https://www.youtube.com/playlist?list=PLWaflf0vPbEm3MvLe378hfWWgZoyi9dy2

🎙️ THIS SHOW SPONSORED BY

Memphis Investment Properties
https://www.memphisinvestmentproperties.net/
info@memphisinvestmentproperties.net
901.244.5820
https://www.reedyandcompany.net/
901.842.0805

Rentec Direct - Property Management & Tenant Screening Software
https://www.rentecdirect.com/holtonwise/
sales@rentecdirect.com
(800) 881-5139

FS Houses
317.492.9025
https://fshouses.com/
deals@fshouses.com
Become an FS Houses Patreon
https://www.patreon.com/fshouses

Discount Property Warehouse - Memphis, Tennessee Turnkey Real Estate
https://www.discountpropertywarehouse.net/
support@discountpropertywarehouse.com
Stephen Akindona - Broker - 901.486.6688
Robert Feol - Founder - 901.258.6944

Farmers Insurance
https://www.holtonwisepropertygroup.com/insurance/

Black Tie Title
https://www.blacktietitle.com/


🎙️ HELPFUL RESOURCES

Holton-Wise FAQ
http://www.holtonwisepropertygroup.com/property-management/property-management-faq/

The Ultimate Guide to Grading Cleveland Neighborhoods
https://www.biggerpockets.com/blogs/4704/42419-cleveland-neighborhood-grades

The Ultimate Guide to Grading Birmingham Alabama Neighborhoods
https://youtu.be/-zq8pvuW7QM

The Ultimate Guide to Grading Kansas City Missouri Neighborhoods
https://youtu.be/zERyL0sxqZE

Free Property Management software.
https://www.rentecdirect.com/holtonwise/

Lower Your Rental Property Insurance
https://www.holtonwisepropertygroup.com/insurance/


#HoltonWiseTV 📺 is #RealEstateInvestingMadeEasy