Showing you mine – before rehab photos, Toledo Ohio

Before rehab photos? I was expecting some different pics……then realised it was the overseas forum and “rehab” in the world of US property investing means something different :-)

Cheers

Jamie

I was actually selling in Cleveland and other areas going back about 3 0r 4 years ago, so had some knowledge of the areas.

I also know others that are actually from Cleveland, and get to know the different areas, and have just had a client visit to inspect some of the properties, meet the team and get to know their back-end setup, I have been in contact with the owners of the company for almost a year as they are arguably one of the better more established companies and have an excellent set up, as they also manage all their properties in-house, they will not buy, rehab and sell anything that is in a warzone or high crime area, as they have to be able to collect the rents and manage them.

But certainly, you are looking at the cheaper to mid range pricepoints, in good solid working class areas, and I’m in constant contact with the head of property management, and some of the other team over there. I also know of others (Americans) that also own investment property in Ohio, namely Cleveland again, and do very well, and are actually buying more, and again, i get to know about the better areas straight from the horses mouth. I have great eyes and ears on the ground.

And i know the point your making…..and i also know of many that sell properties and constantly travel over there, and i also hear of many that do go over a lot that still cause many problems and sell crap to buyers, it all depends on who you are working with on the ground over there, and also, being honest and upfront yourself. Some of the worst horror stories I hear are from those that have purchased from a company that even have offices over there and employ local staff, and i have clients that brought through them and then through me and are very happy with the results I’ve provided.

Bottom Line, buyers have to realize that most companies, whether the large seminar marketing companies, the large sales companies, or the small buyers agent, do not actually own the properties they sell, and that after purchase, the buyer will be then dealing mostly with their US sources, and that’s where it usually falls apart. especially if the local company doesn’t want to know after a purchase is made, or a buyer is dealing with a commissioned salesperson initially, who really doesn’t care less as long as they make a sale and make good commissions, and then the people on the ground over there provide a terrible service and don’t respond in any way.

Nigel, you know who i deal with re the US Tax etc, and i only deal with the very best professionals everywhere, and provide a very personal and ongoing service to buyers, I have

I’m sure you do the same, as does Engelo, and i know some others over here that I think also do the right thing by their clients, and have great relationships with their Asset Teams or service providers in the US.

Jeff