August, 2017 - Global Investments Inc Ltd

CLEVELAND OHIO – THE NEXT DETROIT

Prices in Detroit are on the move and there is a shortage of good stock, investors are on the look out for the next hot product that can rival the Detroit marketplace and give similar value and returns that the Motor City has given investors over that past 5 years. Global Investments Incorporated are the biggest selling overseas Detroit company and have almost 2,500 Sales in the city. The Manchester based firm is always on the look out for the next big thing in the USA buy to let market and CEO Mike Moodie believes that Cleveland Ohio is exactly what they have been waiting for. Located in Northeast Ohio on the southern shore of Lake Erie, Cleveland is one of the 50 largest cities in the United States. Cleveland is often known for its famous sports team and continues to develop the riverfront area between the stadiums. Cleveland job market continues to grow with a sizeable push from the health care industry as well as large companies such as Cliffs natural resources, Forest city enterprises, Sherwin Williams, KeyCorp and NACCO Industries. With a strong demand for rental properties Cleveland presents some impressive investment opportunities for the overseas and domestic buyer. Many investors looking for good income producing properties find Cleveland to be a good balanced investment that provides steady cash flow. Some of the main reasons why Cleveland is tipped to be the next Investment hot spot. • 95% housing occupancy rate in downtown Cleveland (Downtown Cleveland Alliance, 2104)Cleveland is among the Top 10 job markets for new college graduates – (CNN) • Northeast Ohio is one of the hottest entrepreneur regions in the nation – (Entrepreneur) • Cleveland serves as headquarters to 11 companies on the Fortune 500 list, both industrial and non-industrial, including National City Corp., Eaton Corp., Parker Hannifin Corp., Sherwin-Williams Co., KeyCorp, Nacco Industries, American Greetings Corp., Ferro Corp., Medical Mutual of Ohio, Applied Industries Technologies, and Lincoln Electric Holdings (City-Data.com) • Home to 27 area colleges and universities • Regional Banking Hub: home to one of 12 Federal Reserve Banks • Home to four professional sports teams • Home of the Rock-n-Roll Hall of Fame with 7+ million visitors • University Hospitals named one of nation’s best hospitals – (U.S. News & World Report) • Home of the nation’s first Medical Mart We asked CEO Mike his opinion on the Cleveland market place and he thinks that it can really rival the Detroit market with the same sales and success they have had in Detroit for the past 5 years. Mike added. “ I have been studying the market in Cleveland for some time now and have been actively trying to source a good supply of income producing houses which we have finally managed to do. It is really important that we do our due diligence on the supplier and also the areas and neighbourhoods that the properties are in. At the moment there are other companies selling homes for as little as $20,000 and offer projected returns of up to 30%. We really dont want to get into this price point as normally these types of homes would be in not so great areas and would need maintenance in the coming months and years which of course would eat into any rental income or projected ROI. Our new supply of Cleveland homes are in great neighbourhoods and the properties are updated and the tenants are fully vetted ensuring that our investors get a hands off income producing property with little or no hassle. Our prices will start around the $35,000 with good real returns of around the 18-20% mark. “ To find out about what Global Investments Incorporated have to offer in the Cleveland area email invest@globalinvestmentsincorporated.com or go to there website https://globalinvestsinc.com/cleveland-investment-property/ “ Detroit is still going strong but in my opinion as a company we have another 12 months before the market starts to out price itself and a different type of buyer will come in. I think that Cleveland Ohio is an excellent opportunity for our investors and in time could take over Detroit in enquiries and sales. We are excited and pleased to be working with our new supplier in the region. “ Mike Moodie CEO Global Investments incorporated.

SHOULD I INVEST IN SINGLE OR MULTI FAMILY HOMES?

When investing in the US Buy to Let market one of the biggest questions investors have is should I buy a Single family home or a Multi family home. We asked Global Investments Incorporated CEO Mike Moodie what his thoughts were on this subject and what advice he would give both new investors and his seasoned investors. Mike was quoted in saying. “ Well its actually a very difficult subject as both in my opinion have their advantages and dis-advantages so the investor really needs to evaluate their long term goals along with the pros and cons of each and then make an informed decision. Of course we can guide our investors in the right direction but ultimately the final choice is theirs. “ Mike and his team have outlined what they feel are the pros and cons of each. Single Family Homes 1. Pros – These in our opinion are the safest options especially for the new investor. As markets fluctuate up or down there would always be a demand for this type of property. The other advantage is that of course you are only dealing with the one tenant and not multiple families. (This also means things like lawn up keep and snow removal would be the responsibility of the tenants and not the landlord, unlike multi family homes where the norm would be that the landlord is responsible for this) Also normally a Single family home would be smaller than most Multi family homes so when we discuss maintenance in future years this should be minimal and less than a large Multi family house. 2. Cons – When looking at capital appreciation normally you would expect a Multi family dwelling to appreciate more due to its size and sqft. Yes Single family homes are a lot easier to acquire but when it comes to growth this would be slower than the multi family homes. Also one of the disadvantages of a Single family homes is that if the property is vacant you would have zero income until the management company replace the tenants whereas with a multi family home they can loose a tenant but can still produce an income with the other occupied units. It is rare to see a Multi family home totally vacant. Multi Family Homes. 1. Pros – If you are looking to acquire a large number of properties and build a large or small portfolio then a multi family property would allow you to do this quicker than buying the Single family units allowing you to grow your investment portfolio quicker. Generally a Multi family home would be cheaper to manage as the income revenue is normally much higher than that of a Single family home. Also Capital Growth would be expected to be higher with a Multi family home than with Single family homes. 2. Cons – The purchase price of a multi family home would be more than a Single family so the initial outlay for investors could be substantially more. The biggest problem with the multi family house is availability of good stock. They can be very hard to find in good neighbourhoods like the Single family homes so from an investment point of view this is a riskier option. (Anyone buying a multi family home should look carefully at the area and the neighbourhoods that you are buying in, there are a lot of homes like this that are located in bad areas) Mike added. “ Like I said earlier, ultimately the decision is down to the investor but my advice is to run the numbers and do your homework on the area and the management. Obviously our clients rely on us for guidance but the long term goal is important along with the investors expectations. I think as a novice investor the SFH or Single family dwelling is the better choice and will let them understand the market for substantially less of an investment, whereas for a seasoned investor looking for higher returns and quicker growth maybe the Multi family would be the way to go. “ Global Investments incorporated provide both good Single and Multi family homes in all of the locations that they sell in. If you would like more information on any of these investments please email Mike or any of the team at Global at invest@globalinvestmentsincorporated.com

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CLEVELAND OHIO – THE NEXT DETROIT

SHOULD I INVEST IN SINGLE OR MULTI FAMILY HOMES?