Mike, Brook, and A’marri break down the hidden costs of Cleveland investment properties—how out-of-town buyers often underestimate rehab budgets, the importance of neighborhood quality, and why working with the right team prevents costly mistakes.
1:00 Mike shares a story about an out-of-town investor who underestimated repairs by nearly $100K.
2:30 The team explains how to calculate the true value of a property by factoring in rehab costs before buying.
5:00 Brook emphasizes the importance of choosing the right neighborhood and knowing realistic comps.