Cleare Realty Solutions

07/22/2024

🔥 Off Market "21-Unit Value-Add" Apartment Building in New Orleans! 🏙️

Are you ready to elevate your real estate portfolio with a potential high-yield, low-maintenance asset? Look no further!

📈 Projected Stabilized Cap Rate: 13.6%

💰 Projected Value: $2.6M (Once Fully Stabilized)

💵 Asking Price: $1.2M (CASH ONLY)

Key Highlights:

✨ Fully Remodeled Units: 16 out of 21 units have been meticulously renovated, offering modern amenities.

🔧 Minimal Additional Investment: Extensive remodeling already completed means minimal capital expenditures and quick filling of vacant units.

💵 Strong NOI: Projected gross rents of $257,364 with NOI at approximately $163,717 (assuming 7% vacancy and current expenses) ensuring reliable cash flow.

📊 Current Occupancy: 47.6% (11 units ready to rent!)

💸 Current Gross Rent: $113,808

🏢 Expenses: $75,631

📈 Current NOI: $30,210

🏙️ Average New Orleans Market Cap (CoStar): 6.3%

💼 Potential Stabilized Value: $2,598,691

Why This Property?

📍 Prime Location: Located in a vibrant, growing area of New Orleans with strong rental demand and excellent occupancy rates.

🚀 Forced Appreciation Opportunity: Secure a property with substantial upside potential and opportunity for consistent returns.

Contact us today to schedule a tour and learn more about this exceptional investment opportunity!

📞(248) 217-6055

📧 [email protected]

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05/09/2024

I turned down an easy 6-figure bag & I feel Amazing! 😎

Back Story:

📍 Received a referral from a valued contact with an out of state Seller that wanted to sell his Apartment Building for Cash.

📌 Spoke to seller, put on my wholesale hat, beat him up on price, agreed on price and he was ready to sign.

📍 Could have easily locked it up and sold it for $100k+ as-is and made the difference as profit.

📌 Then my Broker hat kicked in: I'm like if you just finish the rehab and fully occupy the building with solid tenants, I could sale this asset for double the price that we already agreed upon.

Here's Why:

1) I value Referrals. I literally get referrals every week 🥰

2) I haven't done paid marketing in 5+ years, so all my deals are 100% profit 🚀

3) The average investor would have just gone for the quick 6-figure pay day.

4) I play the long-term game; Endless referrals 💰

5) Now him and all his buddies are about to be sending me all their properties to sale because they know I'm a straight shooter 🎯

That's how it's done folks:

☑ Transparency closes deals.
☑ Greed kills deals.
☑ Provide value and you will have endless pay days!

04/17/2024

🏡✨New Listing in Sterling Heights!

WONDERFUL STERLING HEIGHTS RANCH! ALL APPLIANCES STAY! Updated kitchen and bath. Partially finished basement. This is just waiting for a new family to move in. Newer furnace and AC. Near Van D**e expressway and close to nearby highways. Needs TLC in some areas, perfect for a family looking to make it their own. This one won't last long! Schedule your showing today! Utica schools.

GO AND SHOW! SCHEDULE SHOWINGS VIA SHOWING TIME. BATVAI. PROPERTY SOLD AS-IS. QUESTIONS PLEASE CALL OR TEXT MIKE @ 586-899-3522.
OFFERS: [email protected]

WONDERFUL STERLING HGHTS RANCH! ALL APPLIANCES STAY! Updated kitchen and bath. Partially finished basement. This is just waiting for a new family to move in. Newer furnace and AC. Near Van D**e expressway and close to nearby highways. Needs TLC in some areas, perfect for a family looking to make it....

04/16/2024

I'm willing to take the shots most don't.
Commercial Closings Nationwide

03/13/2024

🌟 Level Up Your Wealth Game: Investing On Steroids 🌟

📅 DATE: March 16th, 2024
📍 LOCATION: Brew Detroit
Where the vibe is as rich as the brews
🕒 TIME: 12 - 4 PM

👋 Join me, along with other esteemed industry professionals, for an extraordinary gathering of minds in the realm of real estate and wealth building! "Investing On Steroids" isn't just an event; it's your ticket to supercharging your investment strategy with insights from industry titans.

🎙 Meet Our Esteemed Guests:

🔹 John M Cleare
Licensed Broker, Real Estate Consultant, Speaker, and Investor Extraordinaire. Specializing in Nationwide Residential & Commercial Closings.

🔹 Nathan Orange
Commercial Lending Veteran with 25 Years' Experience, STR | AIRBNB Expert, Small Multi-Family Investment Specialist. Presenting a Case Study on Apartment Acquisitions.

🔹 Joshua Norber
Short Sales & Foreclosure Guru, Unicorn Real Estate Agent, Subto Mastermind Alumni, Transaction Brokering Expert.

This event is a must for anyone eager to expand their knowledge, connect with like-minded investors, and unlock the keys to success across various investment avenues. Whether you're a rookie or a seasoned investor, our speakers will equip you with invaluable insights to fortify and diversify your investment portfolio.

Don't miss this chance to take your investing prowess to the next level! 💥

🍺 Savor top-notch brews, mingle with exceptional company, and engage in a knowledge exchange that could revolutionize your approach to wealth building.

💡 Mark your calendar and be part of a day that promises not only to inform but to transform your investment strategies.

We're thrilled to welcome you to a day of enlightenment and networking.

See you there! ✌️❤️

01/17/2024

Cheers to a new year and many continued blessings🥂

06/22/2023

I had the opportunity to speak with a local REIA and drop gems about Commercial Wholesaling.

Always open to JV opportunities.

CleareToClose.com

https://www.youtube.com/watch?v=l1xWCGZUJoE&list=PLMukopNkcySmnpVl7Alj_-ZmwPHdFmSIC&index=17

ADDRESS: Shields Pizza, 25101 Telegraph, Southfield 7:00 PM 3rd Tuesday Every Month - No Charge for the meetingEvery Meeting Learn From Other Investors! Help...

04/30/2023

Another Commercial Closing!

Thanks for the referral Attorney Ethan Dunn

Buyers: Send me your Buy Box [email protected]

Sellers: Send me your Off Market Inventory

Let's close commercial deals together: CleareToClose.com

08/26/2022

Always a good day to get another 💰

01/05/2022

New Westland Listing

MLS # 2220000694 – WELCOME HOME! This updated tri-level won't last long! Come see it TODAY! APPLIANCES STAY! Hardwood and updated vinyl/laminate floors throughout. Kitchen updated in 2018 w farmhous...

01/05/2022

New Roseville Listing

MLS # 2220000455 – GREAT ROSEVILLE RANCH! ALL APPLIANCES STAY! This home just needs a new family to move in. Close and easy access to all shopping. Lots of storage in garage. Washer, dryer, range ov...

12/13/2021

Talking Game Plans for 2022💰
Great times with Business Partner and my Top Agent @ my Brokerage