All Forum Posts by: Rachel Sharp

I am not going to speak negatively about someone, but I would suggest that the maps and tools he uses with any tool investors use should be coupled with other tools to evaluate your investment. Relying on one tool alone can be a risky move and you might miss out on some great deals!

When I started PM in Cleveland I used his maps to see how he classified the grades. Although he's close to what I would use, his maps are a bit inaccurate in both grading classifications and geographic locations.

For example Rocky River zip code 44116 SFR sold in the last 30 days (15 homes) ranged from $235 -$1.075m the average of those $532K. He recognizes "A" class as SFR selling for $150k and up. You will not find a SFR in Rocky River for $150K on a regular basis. for that reason I cant trust the rest of the data is accurate.

The second claim he makes is that grading of Clark Fulton Area is a D/F. where SFR (last sold 30 days) are 58-127,500 Avg of $90k. I do believe the stockyards is a D/F but the rest of Clark Fulton can be seen as a C/C- and is quickly turning as gentrification (turning) happens.

I will say there are a lot worse Pm's and Agents out there! so be careful!

Agree to disagree!

Investment team, if you want a Realtor to work for you why would you want them busy working their own investments and possible competition.

Perhaps replace this question with "do you have contractors you work with that are investor friendly?"

If your agent is choosing properties for you without doing your own analysis your asking for trouble! It's important for investors to run their own numbers and explain to the Realtor what you want and what strategy to implement so that they can set the criteria up to yield those results.-for an experienced agent this takes time, but also important not to over query.

How were rent and time-to-rent estimated? I use all of those tools because that's where I place the listings for rent (not only those sites). It's also important to know how to read the data it's given. I would suggest asking how they get their rent metrics. If they only say 1 or 2 sites then be careful, an experienced agent shouldn't have to look at the data to know what the rents will give you, especially if you're using an agent and pm to get your deals.

Just some of my thoughts...

If you are looking for a PM in the northeast ohio area call me! or message me! Your Sharp Agent!

I posted on the LBP certification a year ago to help BP Members!

 As a PM/REALTOR® I wouldn't wait to get it mitigated to put a tenant in it. the city is not holding up the sale or tenancy for the certification. However, they can fine you if it's not done. I haven't seen them fine anyone yet but now that the "COVID19" is approaching the rearview I would doubt if they started enforcing it. You have up to 90 days to rectify the situation. Your agent who helped you purchase the property should have informed you of this. If you are purchasing property in the cleveland area make sure you have a Sharp Agent! :)

 Give me a call and see if I can help you on the property management side!

I am a REALTOR® and Property Manager in Ohio and would be happy to talk shop with you and answer any questions you have. I work in 4 counties; Cuyahoga, Summit, Medina, and Stark counties (Cleveland/Akron/Medina/Canton).

Hello BP’s I’m super excited to connect and allow you to pick my brain about the Cleveland market! Im here at the Sheraton!! Till Tuesday at 3pm!

@JB Klein if you need to pick a brain from a REALTOR/property manager in Cleveland let me know!

Are you up to date with what Cleveland is doing on rental properties?

"Cleveland City Council in 2019 passed legislation that requires owners of rental property in the City to prove that their dwelling units are safe from lead hazards." This testing is currently getting rolled out throughout the city. Don't forget to get your property tested for lead when you go to buy! Read for more information: READ MORE...