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Boom Town Baltimore – An Investors Dream

Global Investments Incorporated are the market leader in the USA Buy to Let market with almost 4,500 sales under their belt in the last 7 years. Cleveland Ohio is by far the companies best selling product at the moment with the Manchester based firm selling close to 50 houses a month in the city, mainly to overseas investors and some domestic. With sales in Detroit falling over the last 12 months the company has been looking for another product to replace the Motor City sales. In the past month they have just released their new Baltimore tenanted homes with two bed homes starting from as little as $49,900 with returns as high as 22%. Baltimore has been ear marked to be the number one USA investment city for 2019. It is currently rated as the number 1 grossing rental market and is therefore getting a lot of attention from the Overseas Investors. Baltimore offers investors a significant opportunity to get ahead of the game, not just because the metropolitan area is home to nearly three million people but because properties are well priced and rents are high. The top industries that boost the Baltimore real estate market are in the areas of healthcare, education, life sciences, and cybersecurity. These industries are predicted to boom in the next few years as millennials flood the job market. Before you make any real estate investment decision, you must know the NUMBERS so lets look at the NUMBERS in Baltimore. The average property price for a tenanted city property is only $50,000, the average rent for a city tenanted property is $1,000, therefore you average net return will be over 18%. Baltimore real estate investments are highly affordable. The median property price is well below the level in many other fast-growing markets such as San Diego, Los Angeles, and Miami. The Baltimore Sun even noted that it can be cheaper to buy than it is to rent in the Baltimore area, which is great news for Investors looking to invest. High opportunity and relatively low home prices make Baltimore one of the hottest Real Estate markets in the USA. According to the latest CoreLogic Case-Shiller report, Baltimore has been included in the top 10 major markets expected to see the biggest increases in home prices over the coming year. As a result, Baltimore rents have increased on a level equal to that of cities like San Diego, San Francisco and New York. In each of these cities, renters are allocating more than the suggested 30% of income to rent. According to leading USA property experts Baltimore real estate is having a Goldilocks moment, the market’s not too hot and not too cold—it’s just about right to have all of your porridge and eat it. We asked Managing Director John O’Donoghue why he feels Baltimore has the potential to surpass sales and replace Detroit as the companies second best selling product to Cleveland Ohio. John was quoted in saying. “ We feel that Baltimore is a different type of investment to Cleveland which we are doing so well with at the moment. The city offers red brick houses which some of our investors really like. The rents are high and CAP rates between 16% and 22% which are really attractive. I think the biggest selling point for me is the regeneration in the city and also the very short distance to Washington DC. There is a huge demand for rentals given that a lot of workers from the capital DC would commute to and from Baltimore as the rents in Baltimore would be more attractive. We have also teamed up with one of the best management companies and title companies in the city and have signed an exclusive agreement with two of the cities top suppliers of these turn key homes. We are very excited to what Baltimore can bring in the next 24 months and what it can offer for our investors. Tenanted Brick homes with high returns and 45 minuteS to DC for 50k USD, this is really an investors dream. “ John O’donoghue – Managing Director Global Investments Incorporated If you would like to learn more about what Global Investments Incorporated has to offer in Baltimore or any other of the cities they have inventory please email [email protected]

GREEN USA 2019

The USA is becoming a major player in Environmental Sciences with many conferences, seminars and workshops being held over 2019. Environmental Sustainability is at the forefront of new policies which is being implemented through many US cities at different levels. In February next year GreenBiz is being held in Phoenix Arizona, this is one of the largest events held anywhere in the world on Environmental Sustainability, 1,200 of the world’s brightest thinkers and most influential sustainability leaders will be present. The 3rd International Conference on Renewable Energy and Resources will be held in San Francisco on the 22nd of February. In April the Second City conference is been held in Chicago, which will focus on Rehabilitation, Modification, and Revitalisation of Chicago City and provide essential knowledge on the benefits of renewable energy, recreation, navigation, and habitat and environmental enhancement. Also in April we will see the Midwest Environmental Compliance Conference being held in Palm Springs California, this is one of the world’s largest meetings on the application of innovative technologies. These are just a few of the events scheduled across the US next year but it is not just events that are changing the way. The US Government are implementing policies and procedures such as the 2018-2019 Plan of Action for Environmental Cooperation Under the U.S.-Singapore Memorandum of Intent on Environmental Cooperation. The proposed 2019 budget for the United States Environmental Protection Agency stands at $6.146 billion to support the Agency’s new Strategic Plan and mission of protecting human health and the environment. The United States Environmental Protection Agency engages with state, local, and tribal partners to create and implement sensible regulations that also work to enhance economic growth. The city of Cleveland has developed a program called Sustainable Cleveland 2019. The initiative has gathered thousands of Clevelanders to build a collective vision for a sustainable future. The city’s vision “Cleveland will become a model of sustainability and become a leader in the emerging green economy over the next 10 years through the efforts of Sustainable Cleveland 2019” Their vision is strong “Cleveland will surprise, amaze, and inspire the world with its transformation to a bright green city on a blue lake. Determined people from every walk of life will work together to shape vibrant liveable communities, innovative businesses, and a flourishing natural environment that will result in health, wealth, creativity, and economic opportunities for all” Other cities across the US have similar programs in place, the City of Detroit have set up the Office of Sustainability. This office seeks to improve quality of life in Detroit by facilitating healthy, green, vibrant, accessible neighborhoods, homes, and businesses. This new office develops and implements policies and practices with City departments that embody the values of sustainability. It works to build partnerships with neighbourhoods, businesses, and philanthropic and non-governmental organisations to ensure the entire community is more equitable, economically strong, and environmentally sound. While there is still a long way to go President Bill Clinton and President George championed the environment through building LEED-certified presidential centers and libraries. Through their commitment to conservation and sustainability, President Bill Clinton and President George W. Bush have created healthy presidential spaces that engage communities from around the world. The USA like other countries around the world are looking to the future as citied by Author Richard Powell “Cities of the future should be a socially diverse environment where economic and social activities overlap and where communities are focused around neighbourhoods.

ARKON OHIO A SLAM DUNK FOR INVESTORS

As property investment surges in Cleveland investors are now looking slightly further a field to try and get more value for their dollars, their attention is falling on Arkron. Akron has not always been on the investors radar but it is now becoming a hidden gem for the savvy investor, why you may ask ? Akron, Ohio is about 30 miles south of Cleveland City and is the fifth-largest city in the U.S. state of Ohio where you can pick up a tenanted three bed property for under $30,000. Not only are the property prices low but the rent amounts are on par with neighbouring Cleveland, low prices and high rents equates to healthy returns. Akron is a city undergoing expansion, tire companies, real estate developers and government agencies have announced more than $1 billion in investments in Akron. There is a city-wide plan to spur residential growth which was developed after analyzing Akron housing and researching programs in Cleveland, Columbus and Pittsburgh. NBA star LeBron James and his foundation have opened a new school in his hometown of Akron and Mayor Dan Horrigan released the City’s plan for spending “Issue 4” funds in 2018. The budget outlines a plan for more than $13 Million in increased investment in police and fire protection and roadway improvements in Akron. Akron is also home to many large corporations who are centred around high-tech research and development, which include WGC-Bridgestone Invitational, Stan Hywet Hall and Gardens, Akron City Hospital and the Goodyear Polymer Center. Home values have gone up 3.1% over the past year and the median household income is $505 higher than the median Ohio household income. Arkon was seen as a city grappling with its population decline and waiting on new investment to come along to re-ignite the property market. But this stagnant view has lead way to opportunity for investors, low competition between Buyers means more availability and lower prices as compared to the bustling Cleveland market. That is why Akron is a great place to invest, it offers low barriers and capital investment needs for those looking to maximize their investment potential. We have the best rental properties in Arkon, our existing Cleveland Suppliers also have offices in Akron so both cities work hand in hand, they have the experience and know how in this exciting market place. If you would like more information on our Akron or Cleveland properties please contact Mike or any of the Global team, please email [email protected]

CLEVELAND INVESTMENT PROPERTY MARKET IS ON FIRE

Global Investments Incorporated are coming into their 8th year of business in 2019. The Manchester based firm have been selling investment properties in the US to overseas buyers for the past 7 years and have sold in excess of 4,500 homes in this short period. This time last year CEO Mike Moodie predicted that the Cleveland market would challenge Detroit in terms of sales and enquiries in 2018 and it looks like his prediction has come to fruition with Cleveland surpassing Detroit by producing more than double in both sales and general enquiries and is now officially the companies best selling product. We asked Mike what his thoughts are on the change, why the Cleveland market is on fire and why there is such a high demand for these types of turn key homes in the city. Mike commented. “ This time last year we were seeing a rise in the prices in the Detroit market and also a decline in the number of properties available at the prices that our investors wanted. As a company we always have to be on the lookout for the next big thing and like to be the first to venture into these new markets giving our investors the best opportunities and at the right time. At this time we had heard a-lot of positive things coming out of Cleveland so we started working with a number of suppliers and management companies in the area. Well the rest is kind of history and right now we are selling more homes in Cleveland than any other overseas company. As we get properties listed they are literally selling within hours. It is already becoming increasingly difficult for me to find the properties and my days are literally spent on the phone with my brokers hunting down the best deals for our investors. Making sure we have homes in the right locations and then negotiating with the Sellers and driving the price down to deliver great priced homes in excellent locations to our buyers with the highest possible returns. “ See below just 5 reasons why so many investors are getting involved in the Cleveland property boom: PNC Financial Services Group will move 500 employees to downtown Cleveland by the end of the year. The move was first announced by regional president Paul Clark at a Downtown Cleveland Alliance event on Sept. 26, as reported by Cleveland.com. PNC Centre will be full for the first time in years. PNC Bank is the third-largest bank in Northeast Ohio and the fourth-largest bank in the state by deposit market share. It’s also among commercial banks that raised prime lending rates to 5.25% in reaction to the Federal Reserve’s latest interest rate hike on Sept. 26. Cleveland and Akron metros beat Midwest averages in some key areas Cleveland and Akron are defying some stereotypes and doing pretty well — and better than their Midwestern peers, in some respects.Those are among the findings of the Brookings Metropolitan Policy Program’s Oct. 18 report, “The State of the Heartland: Fact Book 2018,” which looked at data across 26 socioeconomic indicators in 19 states to gauge and rank the current condition and trajectory of cities and states. The geography in the report runs from Minnesota in the north to Georgia in the south, and east to west from Ohio to Nebraska. Cleveland and Akron are both cities with their own data sets within the report — and the data’s encouraging, Brookings says. Both cities scored above regional and national averages in terms of important indicators, including their poverty rates, median income levels, and the percentage of local residents between 20 and 64 with jobs — the employment rate, as opposed to an unemployment rate. The region also is less expensive than the coasts, while still having strong entrepreneurial environments around major universities like those in Akron and Cleveland, Muro said. That’s likely to cause money from the coasts to seek a home in Midwest investments, he added — something that local entrepreneurs say they’re already beginning to see in terms of where their capital comes from. There’s been evidence of that in Cleveland as of late, with money from the East Coast making substantial investments in downtown real estate, most recently with the purchase of the 1111 Superior Building by New York City investors. Another downtown Cleveland skyscraper is sold Following a formula rarely executed successfully in downtown Cleveland, Skokie Ill.-based American Landmark Properties bought, remodeled, boosted occupancy and sold the 1111 Superior office building in the Nine Twelve District. The building’s new owner is Baruch Superior LLC, an affiliate of Zamir Equities of New York City, which on Oct. 10 assumed a long-term lease that controls the building from an affiliate of American Landmark called 1111 Superior, according to Cuyahoga County land records. Control of the building, which is named after its street address, hinges on a lease because it was constructed on a site leased from the Catholic Diocese of Cleveland that adjoins church offices and St. John Cathedral. A spokesman for Zamir Equities who declined to be identified by name said the purchase is the company’s first in the Midwest. Most of its properties are in New York City and New Jersey. The company had a portfolio of 1.4 million square feet, consisting of six office buildings and a shopping center in Cedar Hill, Texas, before buying 1111 Superior, according to the firm’s website. Ohio Moves up 24 Spots in Forbes Annual Ranking of Best States for Business In its annual ranking of Best States for Business, Forbes placed Ohio at #14 on its list, a jump of more than 20 spots from 2016. Forbes cited Ohio’s low business costs and improved economy. In addition, Forbes ranked Ohio #2 in its quality of life metric thanks to the state’s low cost of living, short commutes and a plethora of top-rate colleges and cultural and recreational opportunities. Centrally located between New York City, Chicago and Toronto, Ohio affords quick market access

JACKSONVILLE AN INVESTORS DREAM

Jacksonville Florida is now seen as the number one investment city in Florida, some real estate analysts say it is the best investment city in the whole of the USA. Jacksonville is the largest city in America in land mass terms and the population growth since 2000 has been 24.1%, which is higher than Miami and Tampa. The population has grown at twice the average national rate, as has the number of jobs. Most new jobs have been in business services and healthcare and therefore tenants have a high income level but there is a low inventory of rental property, the low home price to rent ratio is very favourable to single-family rentals. Jacksonville has the ability to give investors long-term returns, the low level of inventory and the immense popularity in growth leads the way for good future appreciation, the job market is set to increase by 42% in the next ten years. Since the beginning of 2017, Downtown Jacksonville has seen more than $3.5 billion in completed, under construction and proposed development projects, such as the Barnet and Laura Street Trio. Jacksonville beach has also been a hive of development, there has been a major rebuilding of the infrastructure including new parking, new parks, new beach access, a new pier, and demolition of outdated properties. There are also new restaurants, boutiques and nightclubs with many major hotel chains taking foot, the new luxurious high rise Jacksonville Beach condos are now in very high demand. Even-though you have a tropical climate, white sandy beaches and huge development, Jacksonville still offers a low cots of living as compared to other Florida cities. The cost of living isn’t just lower than the U.S. national average, it’s lower than Florida average as a whole. This coupled with the fact that the rate of building homes and property has dependably been low over the years has created a supply vacuum which means the future looks bright for investors. Jacksonville ticks the investor checklist: Affordability, Economic Growth, Population Growth, Desirability, Supply and Demand. Jacksonville real estate is a great investment opportunity and not just because we say it, many property experts, and organizations have ranked Jacksonville as a top investment city in the USA. “One of Nation’s Largest Home Builders Betting Big on Jacksonville” “Jacksonville Economy Surges in Latest Ranking” Global Investments have just signed up an exclusive agreement with the leading supplier of turn key homes in Jacksonville with prices starting from as little as $59,900 and net returns as high as 13%. With excellent on the ground management in place. If you would like more information about investing in this exciting city please contact any of the team at Global at [email protected]

BOOMTOWN CLEVELAND

2017 was a busy, exciting and prosperous year for the City of Cleveland! And 2018 looks even better. After decades of disinvestment and decline as a former rust belt manufacturing mecca, Cleveland is reinventing itself into a 21st century City while leveraging billions of public and private investment into a new and changing economy. A combination of re-purposing and renovating historical buildings, new ground-up construction, entrepreneurs starting businesses and the attraction and relocation of college educated talent is bringing about the rebirth of Cleveland as an emerging and vibrant city. Local and out- of- state developers are investing in Cleveland, turning it into a boomtown while creating excitement that has been written in editorials across the country. From 2011-2015 a total of $8 billion was invested in new development in Cleveland. The project investment included: $1.37 billion on the new hotels; $1.23 billion on mixed-use development projects; $694 million of residential housing; $1.78 billion on “meds & eds” tech structures; $508 million on arts development; $1.4 million on public space, bike paths / trails and public parks such as the transformation of one of Cleveland’s iconic and oldest parks -public square; $982 million on infrastructure improvements with the Innerbelt Bridge construction; and the $451 million on renovation and business attraction such as Link 59. These numbers don’t take into consideration $350 million total dollars AT&T spent building out their Cleveland area network over the last 3- years. Most of this year’s investment for the RNC are permanent and will be left enhancing Cleveland as a smart, connected City. “What we’re seeing is an increase in residents and jobs, and our amenities are performing well,” said Joe Marinucci, president and CEO of the Downtown Cleveland Alliance, a nonprofit that works to improve downtown, including balancing the interests of businesses & residents. With an estimated $19 billion in development completed or planned since 2010. Occupancy rates are at an astonishing 98% and home sales are up 12% year after year. Bonus: you can still buy properties at a fraction of their mid-2000 prices ! Global Investments Incorporation have seen a huge increase in Cleveland sales over the last six months and as local investment continues to increase and unemployment falls we expect this trend to continue over the coming months. Cleveland is becoming known around the country and around the world as a comeback city with billions being invested in infrastructure and development, great suburban schools, parks, culture and so much more. Investors have taken notice of Cleveland, Ohio—and you should, too. If you would like more information on our Cleveland properties please contact Mike or any of the Global team.

DETROIT PRICES CONTINUE TO RISE WHILE SUPPLY IS STILL FALLING

Global Investments Incorporated have been selling in Detroit for over five years now, this year we are seeing the lowest supply and the highest prices in the last five years. Low inventory has forced the median price for single-family homes to rise 8 percent over the past year, according to May market data from Realcomp Ltd. II. Detroit saw the largest year-over-year percentage gain in the median sale price of 371 homes of 48 percent to $37,000 last month. That number nearly doubled the gains that the city recorded in the four years prior, which saw median prices rise from $10,000 in May 2013 to $25,000 in May 2017. Lauren Wilson from Detroit-based Luxury Home Enterprise LLC quoted “”You’re sitting on something very valuable if you purchase a home in Detroit for $60,000,” she said. “I assure you when you’re ready to sell a few ears down the line, you’re likely to double your price”. According to Crains Detroit the competitive market is being driven by a growing demand for homes and a Metro Detroit inventory that is down by 23 percent compared to the same time a year ago. Fueled by a low unemployment rate and an economy that has proven to be formidable in recent years, buyers and Realtors alike are running into challenges. Realcomp CEO Karen Kage is surprised that the total number of home sales has stayed steady despite the steep decline in market listings “Days on market continues to drop, which is another telling sign. When these houses hit the market, it has a line out the door,” she said. “We don’t want to get into the same position we were in 10 years ago when prices went up, up and up.” At the moment we can not predict when the trend may change as buyers are still lining up as soon as homes hit the market but we will continue to deliver the best available tenanted properties in Detroit. Detroit has come a long way in the last five years and we always stayed ahead of the game, we signed up the biggest Brokers and Realtors to ensure our clients got the best exclusive properties that were on offer in Detroit. As a company we have said it before, time is starting to run out for the Overseas Investor who wants to buy in Detroit, high market prices and low inventory levels will make it increasing difficult to sustain a good return. If you are considering buying a property in Detroit this is the year you need to do it, we can not predict how much further the market will rise. If you would like more information on our Detroit properties please contact Mike or any of the Global team.

DETROIT AND CLEVELAND TWO GREAT CITIES BUT HOW ABOUT THE NEIGHBOURHOODS ??

Detroit has been the number one investment city in the US for a number of years now with Cleveland following ranks in second place. In 2018 it looks like things could start to change as prices increase in Detroit and with inventory running low Cleveland could take pole position this year, both sales and enquiries are increasing for the city. Both of these cities provide the perfect investment model for the first time investor, low level entry point and good sustainable rent, some say these cities have led to an explosion in real estate investment in the US with buyers from every corner of the globe getting involved. The best indicator of these markets is to look at the rent-to-value ratios, a three bedroom house in Detroit will rent for the same amount as a similar three bedroom house in St Petersburg Florida. In fact Detroit has the second highest rent-to-value ratio in the country at just over 8.5%. While Cleveland has a lower rent-to-value ratio it has a 95% occupancy level which makes its incredibly appealing to investors. Deciding between the cities maybe challenging enough for a first time investor. Once they have decided on where to invest the next question is which neighbourhood to invest in ? Like all cities you have good and distressed areas in Cleveland and Detroit, this fact coupled with the resurgence of re-development and active Council involvement can mist the decision. 1. Is this a distressed neighbourhood that is turning corner? 2. Is this my opportunity to see some appreciation? There is no straight forward answer to this question, without stating the obvious and say only buy in the most expensive areas (which will mean a lower cap rate ) we have to use a basic set of rules to try and minimise the search. Different companies use different models in order to achieve this, we have the Grade System, the Grid System, Market Analysis, Index Systems, Price Comparisons, Property Taxes, Ratio Values etc and the list goes on and on. We also have a plethora of websites that gives us statistics on the liveability, crime rates, schools, employment rates etc. ( But which ones are correct? ) Choosing the best buy to let areas to invest in can seem like a minefield, but it doesn’t need to be, we adopt a simple transparent model which paves the way for successful investment. We look at the most expensive areas and work backwards, we identify surrounding neighbourhoods which offer higher rent-to-value ratios and also offer the opportunity of capital appreciation. DETROIT If we take Grandmont Rosedale in Detroit as an example we can see that prices have surged in this area over the last three years but there are several surrounding blocks and streets that can also offer great properties at lower prices. Surrounding neighbourhoods like Grandale, Warrendale and Grandville have increased in popularity as many investors realise they have now been priced out of the market. While the West of Detroit has always been the most demanded by investors we can also see a similar situation on the East of Detroit, there are still many well priced neighbourhoods that offer well priced properties with good rent-to-value ratios. Morningside, East English Village, Denby, Regents Park to name just a few. CLEVELAND OHIO Moving this model to Cleveland again we pin point good surrounding neighbourhoods that offer the opportunity for capital appreciation. Taking Buckeye Shaker as an example this neighbourhood is next to the highly sought after Shaker Heights, to purchase in Shaker Heights will cost you approximately 30% more but Buckeye Shaker takes advantage of local facilities and rental amounts are more or less on par with Shaker Heights, lower priced property with the same rents as Shaker Heights meaning a high ROI. In the North of the city we can see this again with an area called North-Collinwood, this area is seen as a very strong investment area in Cleveland, it is right next to the Waterloo District, Euclid, Bratenahl which are all great areas but again are more highly priced. But overall it is not just about choosing the right neighbourhood, you can build this picture up yourself. It is about the management companies, our on the ground staff who are from these cities, our on going due diligence before we market a property (we only choose one from every 20 properties) our 24 hour aftercare, our years of experience, our exclusive listings, our partnerships with the biggest US real estate companies, our partnerships with the best title companies, everything to ensure your property investment is a success. If you would like more information on any of our great properties in Detroit are Cleveland, please contact any of the team at Global Investments Incorporated at [email protected]

DETROIT JUST KEEPS GETTING BETTER – HUGE DEVELOPMENTS FOR 2018

Over the last few years we have seen huge developments all across Detroit, last year we seen the groundbreaking on the Hudson site, the opening of the new the Little Caesars Arena and the opening of the QLine Metro system which goes through the redeveloped Woodward Avenue. So what can we expect to see in 2018 ? This year we are looking at five more huge construction projects all of which will make this city even better than it is today. We are going to see the development of new office towers and and more residential living space in downtown Detroit, the two main projects are Hudosn and Monro towers with a total investment of over $1,739 million. Three hotels are set to open in 2018: The Siren Hotelat the Wurlitzer Building, the Shinola Hotel, and the Element Detroit Hotel, these hotels are aimed to take advantage of the increase in tourism in Detroit city and the surrounding areas. More retail is planned in 2018, last year the city council passed a commercial corridor plan that would support commercial areas around the city with $125 million going towards landscaping, better parking, improving sidewalks, etc. Woodward Avenue is now bustling and more big retail names will be arriving in 2018. There will be huge development in better public spaces, the final designs of the West Riverfront are nearly ready and work will also start this year on both Capitol Park and Atwater Beach. We seen the Qline launched in 2017 and this year DDOT bus service will start offering free rides on Saturdays to encourage this form of transport. We are expecting announcements of the expansion of the Qline further down Woodward Avenue or another route down to Jefferson. These are not the only developments taking place in 2018, there is activity taking place all over Detroit in the development of neighbourhoods, schools and park systems. Detroit has come along way in the last few years and this has now had an impact on property prices, year on year we have seen prices rise especially on the Westside side of the city. This is a great time to invest in Detroit and we have the best properties available for sale, if you would like anymore information please contact Mike or any of the Global team. [email protected]

CLEVELAND RANKED AMONG THE TOP SPOTS TO BE A REAL ESTATE INVESTOR.

The USA housing market is providing investors from all over the globe with opportunities to buy single family and multi family homes at incredible prices with long term tenants in place. Buying a rental property and then collecting checks from the tenants might seem like an easy path to financial stability, the reality is a bit more challenging. Finding a home to lease out in an area where appreciation and rents are steadily rising (as you want to protect your investment) can be tough. So where should prospective real estate investors consider buying? Global Investments Incorporated are the leading overseas company in the USA buy to let market and have sold in excess of 4000 homes in the past 6 years. We asked CEO Mike Moodie, where he thinks the HOT spot will be in 2018 for the overseas investor… Mike is of the opinion that they should look no further than Cleveland Ohio….. The Midwestern metro area was named the best for single-family investment houses in the first quarter of 2017, according to HomeUnion (CA–based company that helps everyday investors find, buy, and manage their properties) https://www.homeunion.com Single-family rentals in the metro appreciated 16.2% annually from the first quarter of last year to the first quarter of this year, according to the report. They also delivered an 13.5% return on investment for all-cash sales this year. The best part about the Cleveland area is that single-family homes are still affordable. The median price of an investment home in the metro was $65,512, according to the report. “ The Mid West and South East generate the highest returns “ Says CEO Moodie…. “ The rents are high and the prices of the homes are low compared to most of the country.” “ Landlords can buy single-family homes for between $25,000 and $50,000 and rent them out for between $650 and $900 a month. These homes aren’t always in the A or B neighbourhoods, but they are usually in fairly good shape and we also provide excellent on the ground management and they provide a very steady ROI for our investors. “ Higher-priced investment homes in the suburbs range from about $75,000 to $90,000, he says. They typically fetch about $950 to $1,200 a month but Moodie believes that the lower end of the market is where investors can get the best return on there investment and the best potential gains in the future as the market grows. “ As a company we have been incredibly successful with the Detroit market which at times can be challenging but we have learned where the best neighbourhoods are and also worked with first class management companies which is essential with this type of investment. We plan on doing the same in Cleveland and are excited about what the next 3-5 years can bring and expect our Cleveland sales to surpass Detroit in the coming 6 – 12 Months.. We have teamed up with REMAX for our supply of stock and work with two excellent on the ground management companies “ Mike Moodie – CEO . Global Investments Incorporated. If you would like to learn more about the exciting opportunities that the Cleveland market place has to offer then please email Mike or any of his team at Global at [email protected]