+(44) 1616 696 253
-
Advanced
Other Features

Latest News

Cleveland, The Investors Hotspot

If you’re looking to invest in real estate, you may have heard of the growing market in Cleveland, Ohio. Known for its rich history, diverse culture, and thriving economy, Cleveland has emerged as a hotspot for real estate investment. In this blog, we will explore why Cleveland, Ohio is becoming a top choice for savvy investors looking to capitalise on the opportunities in the real estate market. Affordable Real Estate Market: One of the biggest draws for real estate investors in Cleveland is its affordability. Compared to other major cities in the United States, Cleveland offers relatively low property prices, making it an attractive option for investors looking for affordable entry points. Whether you’re interested in single-family homes, multi-family properties, or commercial properties, Cleveland’s real estate market offers a wide range of options at affordable prices, allowing investors to maximise their return on investment. Strong Cash Flow Potential: Cleveland’s real estate market presents strong cash flow potential, which is a key consideration for real estate investors. With relatively low property prices and a steady demand for rental properties, investors can benefit from positive cash flow through rental income. The city’s diverse economy, which includes healthcare, manufacturing, and technology sectors, provides a stable job market, supporting a consistent demand for rental properties and ensuring a reliable source of rental income. Appreciation Potential: Cleveland’s real estate market has also shown appreciation potential over the years. While property prices may not rise as rapidly as some other markets, Cleveland has experienced steady appreciation, making it a stable and reliable market for long-term investments. As the city undergoes revitalisation efforts and attracts new businesses and residents, property values are expected to continue to rise, providing investors with the potential for equity growth. Economic Growth and Development: Cleveland’s economy is on an upward trajectory, with significant growth and development in recent years. The city has seen a surge in new businesses, particularly in the healthcare and technology sectors, which are driving job creation and economic growth. In addition, Cleveland has seen substantial investments in infrastructure and revitalisation projects, such as the development of the Cleveland waterfront, which has further boosted the city’s economic potential. A growing economy translates into increased demand for real estate, making Cleveland an attractive market for investors. Favourable Investment Climate: Cleveland offers a favourable investment climate for real estate investors. The city has a landlord-friendly legal environment, with reasonable property taxes and landlord-friendly laws that protect the rights of property owners. Additionally, Cleveland has a relatively low cost of living, making it attractive to both residents and businesses alike. These factors contribute to a stable and favourable investment climate that can benefit real estate investors in terms of cash flow, appreciation, and overall return on investment. Diverse Neighbourhoods: Cleveland is known for its diverse neighbourhoods, each with its own unique charm and character. From trendy downtown areas like Ohio City and Tremont to historic suburbs like Shaker Heights and Lakewood, Cleveland offers a variety of neighbourhoods that cater to different demographics and lifestyles. This diversity presents opportunities for investors to find properties in neighbourhoods with high growth potential or those that are already established and offer stable returns. Conclusion : In conclusion, Cleveland, Ohio is becoming an attractive hotspot for real estate investors due to its affordable real estate market, strong cash flow potential, appreciation potential, economic growth and development, favourable investment climate, and diverse neighbourhoods. As with any investment, thorough research and due diligence are essential, and it’s recommended to work with real estate professionals who have a deep understanding of the Cleveland market. With its growing economy, diverse neighbourhoods, and favourable investment climate, Cleveland presents a compelling opportunity for real estate investors looking to capitalise on the potential of the Midwest market. Should you have any questions relating to any of the above or if you would like to have a call with one of our experts, please email the team at : invest@globalinvestmentsincorporated.com

Read More »

Cleveland still going strong after 5 years & 1700 sales

As a company Global Investments Incorporated have been selling houses in the USA for over a Decade and have over 6000 sales under there belt. For the past 5 years the companies most demanded and best selling product has by far been Cleveland Ohio. Like when the company sold in Detroit after this period of time in one market it would be normal for new markets to emerge with maybe a lower price point and higher CAP Rates or expected ROI. This is however not the case with Cleveland and after 5 years and over 1700 sales the demand for the city is bigger than ever and right now Cleveland Ohio still provides some of the best valued houses with solid CAP rates and returns for both the overseas and Domestic investors. Coupled with great on the ground management companies that Global have been working with for many years these types of buy to let houses really do tick a lot of boxes for most seasoned or new investors. As a company we would have probably expected that after prices have increased over the past 5 years and investors can sometimes get bored seeing the same product or sometimes think they have missed the boat etc that we would have had to ventured into a different market. We did try a few areas like Chicago and Memphis etc but surprisingly enquiries and demand is still highest in Cleveland. With the average single family home selling at around the $58-60k mark and Duplex’s around $70-80k and net returns anywhere between 15%-20% there are still great opportunities for investors and we expect to at least get another 2-3 years selling in the city before prices hit a high and we have to look elsewhere. I also believe that unlike areas like maybe Detroit,  the investment into the city is still pouring in and investors still see after this period of time that the city still has a long way to go and prices will continue to rise giving not only a solid ROI but potential growth as well.  Companies like Key Corp, Morgan Stanley, Sherwin-Williams and individuals like Dan Gilbert are still investing heavily in the city.  The City itself also spending millions of dollars improving the lower income neighbourhoods. All of these factors making Cleveland still a hot investment area for this year and into 2024. Mike Moodie CEO Global Investments Incorporated.    The Future is bright and strong for CLEVELAND OHIO.    If you would like more information on what is going on in Cleveland or any of our current opportunities please email Mike or any of the team at Global at invest@globalinvestmentsincorporated.com

Read More »

What Real Returns should I expect from my US Investment and where are the pitfalls

Investors from all over the globe are being attracted by the high returns advertised in the USA by companies selling in areas like Detroit, Cleveland, Chicago etc and sometimes we even see potential returns of up to 24%. From the layman’s perspective these types of investments with such lucrative returns seem like a real no brainer but the words “ too good to be true “ can come to mind. Are such high returns really possible? Global Investments Incorporated have been selling these types of investments for a decade now so who better to ask than the companies CEO Mike Moodie about what  “ REAL “  returns which can be achieved by such investments and what are the pitfalls or mistakes if any that investors should be looking out for ? Mike was quoted in saying “ well the first thing that I would like to say is that there is no investment without risk, in my opinion good investment is about minimising the risks in certain types of investments. I think that there are several factors investors should consider and look at before entering such a market that maybe a lot of companies out there would not share. “ 1.Don’t just look at the ROI. – I think that investors sometimes can make the mistake of only concentrating on the net ROI of a property. Lets think about what makes a high return. Low price and high rent coupled with low taxes. Normally the lower the price of the property the lower the calibre of the location or the neighbourhood. I believe that investors should try and find a balance between price, location and return and not always being drawn to the lowest prices and highest returns. Sometimes we can forget about the potential uplift on the price and growth potential. Of course normally the better the location or neighbourhood the more likely you are to see potential growth in the coming years. Also another factor in this would be the exit strategy and again a property located in a better area would be easier to sell when the time comes to cash in on your investment. 2. The two unknown factors – There are two factors of this type of investment that you would rarely see on any companies marketing materials as they are impossible to predict but investors should be made aware of them as both of these can have an effect on any potential ROI. Vacancy – At some point like with any rental home any where in the world the house will at some point become vacant as tenants do not live in the property for ever. How can we minimise the risk of vacancy ? Well again we get back to my earlier point about location, the better the location and neighbourhood then the more chance you have of replacing a tenant quickly. The nicer the area then the more demand you would have for rentals. Also in relation to vacancy it is imperative that you have good management in place. ( I will come to this later ) Maintenance – the second unknown factor would be maintenance or repairs on your property which of course is the responsibility of the landlord. This is an impossible figure to quote any investor as it would of course vary from property to property and also depend on the condition of the property when the investor closes on the sale. ( This is one of the reasons we would always recommend the buyer carries out an independent third party inspection ) The way to minimise the risks of maintenance is firstly when we see the inspection before we close is for us to ask the Seller to take care of any minor maintenance issues that arise from the inspection meaning these repairs are not necessary when the new buyer takes possession. I think the main thing to look at when trying to avoid maintenance is buying a house that has been recently rehabbed or updated so the house is in a excellent condition when you buy it. Yes you may pay more for this in the long run but over time it would pay off as maintenance in the first few years of ownership would be minimal. 3. Management – In my opinion this is the single most important factor when trying to maximise your returns out of USA buy to let homes. It can also be the most challenging. Remember that you can buy the best located, tenanted home but if it is managed badly then it can turn into a bad investment. I have heard examples of good tenants leaving properties as they did not like the managing agent. As a company we only work with reputable companies in all the areas that we sell in and that have been in business for many years and have excellent knowledge of their given marketplace. This is key to making any investment like this work and also minimising the risks like maintenance and vacancy discussed earlier. 4. Get three quotes – Always ask your management company for three different quotes for any maintenance work needed on the property. Sometimes only saving 100 dollars here and there can have a massive impact on returns over long periods of time. Your management company should have no issue with you asking for this and maybe even involving third parties. I believe that the USA buy to let market provides excellent opportunities to investors both domestically and internationally. The market can be lucrative with excellent returns but investors have to understand the above can have an impact on their actual net return over time. From experience I think that you should always look to deduct maybe 3-4% off the advertised ROI so you can factor in any vacancy or maintenance that may arise in the given years ahead. So if the property is showing a 18% net Return then maybe look at that as 15% which is still a very healthy return on your money.  Mike Moodie – CEO

Read More »

Compare listings

Compare