Welcome To
A place for Cleveland real estate investors and professionals to access common resources, network, increase sales, develop new leads and buy/sell investment properties.
Serving Real Estate Investors Since 2004
We Offer Positive Profitable Cash Flow Properties To Investors Internationally.
Cleveland is one of the best cash flow property markets in the U.S. right now. Why? High cash flow And Low Cost Of Entry. We are a specialized direct real estate investment firm offering amazing opportunities in cash flow real estate in a unique niche market that is in a positive transition. We were one of the first and original firms in Ohio that started offering local turnkey cash flow properties on the Internet to investors globally in 2006.
History
We originally started as an owner/operator in the City of Cleveland with one duplex and moved up from there, mainly focused on buying up cheap foreclosed properties and apartment houses that were good prospects for massive positive cash flow with or without leverage. We would rehab these properties, lease them and re-offer to passive or engaged investors.
Experience
You name it we’ve been through it; Contractors that ripped us off, nightmare tenants, placing bad tenants, evictions, over budget renovations, lawsuits, lazy vendors and management companies, city violations, theft, vandalism, etc. All of these challenges allowed us to work harder not to experience them again, and to figure out ways to create systems that made running the business easier. This alone is very valuable.
Investor Platform
90% of our customers/buyers are real estate investors, not home-owners. This is where most of our services and experience revolve around. We real investors that use our own money to purchase and rehab property. Initially, our own money is 100% in the game, so we are very careful about what we buy and develop into a stable cash flow property for you, the beneficiary of the cash flow property.
Principals
There are no middle-people involved in our transactions, we are the actual developer, owner or corporate agent/representative. It takes a lot of hard work, systems and effort to hand over a cash-flowing property or a bargain rehab property opportunity. These are not easy to find, it takes strong analytics, marketing and networking to FIND and CONTROL or PURCHASE a property at a discount or positive cash flow.
Do not be misled by other companies that are not from here and do not know this market intimately like we do. Real estate IS local and will always be local, there are detailed things that effect every locale. We are a very ethical company and are forthright in giving you information upfront so that you can make an informed decision with your investment capital.
We have an extensive and growing list of satisfied investors from the past and current, that will attest to our high level of support and profitable deals, for over 15 years.
“We Are From Cleveland, Started in Cleveland, Know The Market Well and Have Systems in Place That Took Years to Create and Implement.”
Our niche is investment property
- Single-Family Homes
- Duplex/Stacked Doubles
- Triplex, Quads (3 and 4 unit properties)
- Small to Medium Apartments
- Small Commercial Properties (Strip Centers, Retail, Warehouse, Industrial and mixed-use)
We mainly offer cash flow positive properties to investors seeking a turkey cash flow solution from investment real estate with minimal risk and a support system offered with flexible options.
We also offer highly discounted rehab properties that come systems management in place for the more experienced investor that prefers to do their own value-add and gain 100% of the equity.
Founder of Cleveland Cash Flow Properties
Over 20 years of real estate experience as an Investor, flipper and wholesale specialist. Raised millions in private equity funds, bought, sold rented, managed and “flipped” over 300 single family homes, apartment houses, commercial warehouses, land, lots and published numerous books on real estate investing.
My very first real estate experience was as a Realtor in 1997 as an agent with Century 21, loan officer in 2004 in which I then formed my first real estate investment company that same year which did over $100,000 in net profit with Bank One defaulted loans.
Around 2015 I decided to get trained in cyber security and data analytics, which I now use for doing deep dives into the ever-expanding world of open source databases to uncover hidden real estate assets, trends and resources
My experience is further solidified by several consultation contracts with two large private equity and hedge funds and I have seen two major market cycles.
Cleveland Cash Flow Properties was founded in 2010 as an online “hub” specific for Cleveland, Ohio only. I noticed a lack of community for local real estate investors and others that don’t live here but own investments here.
At CCFP’s, you get access to tons of free resources and data, off-market bargain properties, a vast vendor network of trades and professionals who have been screened and background checked personally by myself.
“I highly recommend you join the Cleveland Cash Flow Property group to get access to the resources, deals and tools that could make a positive difference in your real estate ventures! It’s FREE.”
Sincerely,
Since 2010, CCFP has been specializing in the ever-popular, growing wholesale and rehab investment property market of Cleveland, Oh and it’s surrounding suburbs.
Most of our clients are from other markets and regions; From California to New York; From United Arab Emirates to China, to New Zealand. The property investment market is indeed international.
When we started in 2005, demand and desire were MUCH less than today. For the smart investor, during the years of 2006 to 2015 apartment houses and rental homes were trading as low as $10,000 a door and $20,000 or less for rental properties in Cleveland. Many suburban markets had equal deals as well.
For instance, in Maple Heights, it was quite easy to locate SFH’s under $15,000 in volume. Many smart investors built portfolios and have been reaping the rewards for years now.
THE MARKET DOES NOT HAVE TO BE DEPRESSED for you to profit from real estate.
Deals are always out there and especially now. You just use different techniques to find them and acquire them. Prices are different but so are what retail or end-user pricing is as well.
Our main mission is to source property deals and data, posts them here and to our VIP email list/group and provides extensive resources for investors, not exactly all in that order.
We do extensive marketing and data research to find bargain deals for motivated investors and buyers. We also offer extensive data tools, resources and a platform for investors to connect and network to grow their business in the Cleveland areas.
How I Started as a Cleveland Cash Flow Property Real Estate Investor
I started real estate investing started as a wholesale flipper in 2005 in Cleveland, while working a full time job as a Police Officer in Cleveland. It was not enough money to make ends meet, so at the time I was intrigued by investing and seeing how others were doing it in my marketplace, I started reading books on it at work, on breaks and took action after over a year of paralysis analysis.
I chose wholesale flipping as my entry point.
Wholesale flipping was a way for any new investor to start that had no money but lots of guts, determination and energy to find off-market deals and bring together a buyer that wanted what I found. I needed a lot of hard work because when I started, it was a “hot market” at the time. So Any MLS deals, or REO’s were often over-bidded and sold for high prices for that time, same as today (2023).
But, the edge I had was I was very computer savvy in those times, coming from a background in server administration and I.T. before my police career. This is also when many business professionals and investors did NOT know how to use networks or computers very well, yes if you can believe that. I knew how to tap into open source databases and find off- market property distress deals before the public ever knew about them.
Once I started finding data and searching for deals, I would find niches, neighborhoods, overlooked deals, and certain banks that would do deep short sale discounts, sub-prime lender REO properties sitting in the shadow but if I outreached to them they would entertain offers (This wouldn’t happen today, there are few if any sub-prime lenders left).
The biggest “niche” I discovered were Bank One foreclosures. I found this by hunting through data and making offers on pre-foreclosures on Bank One (Bank One was purchased by Chase in 2005) and discovered that Bank One would DEEPLY discount their defaulted loans by as much as 80% with NO REALTOR involved.
In other words, a private investor/consultant could negotiate the settlement of the loan and flip the property. I simply took this data, filtered all data for bank one mortgage notes in the entire region, discovered who was in default, and did an aggressive direct mail and skip trace campaign to those owners.
My first year doing this short sale niche, I made over $100,000 in pure profit from flipping short sales to rehab investor and cash flow investors. But that came to a screeching halt when Chase bought Bank One and changed all the rules. However, this was huge money for me at that time, as I was virtually broke, owed creditors money and had my paychecks garnished at work for medical bills. So not only did I have NO MONEY, I had NO CREDIT, in fact my FICO score was 409, I remember that to this day. I could not even qualify to rent an apartment!
So what? Change with the times! REO’s were the next profit wave in real estate, not just in Cleveland, but nationwide! I don’t have to tell you what happened from 2008-2014, one of those once in a lifetime chances to buy real estate at massive discounts everywhere.
My next profit wave was REO’s as foreclosures started happening everywhere! But I had no money, and you could not do maverick techniques with bank owned REO’s, you had to close on them and take title in order to wholesale or flip them to a cash investor.
Private Money Opportunities
I learned through more books and courses how to find private money sources, found one individual, gave him a pitch in a coffee meeting on my exact strategy, and he agreed to 10% SHORT TERM LOANS. Yes, 10% but remember at that time, the prime rate was 3%. But, the key here is I found a custom private lender that worked for me, I did not go to the hard money sources charging 18%. If you join my private money network, I will show you how to find individual private lenders for your deals.
There were are so many little niches to be had, they come and go…It’s the same way today, even more so. Many investors today are lazy though, they want someone to do the work for them. That’s fine, you can pay me to mine the deals for you. If you have the funds to outsource, great. If you are broke and just getting started, then the resources you will find at Cleveland Cash Flow Properties will help you.
Most of my best bargains that I sourced came from private direct mail campaigns. Even though there were a lot of investors that would do this, they NEVER did it consistently. I would do 3-6 mailings and get up to 10 deals out of that. The ROI was insane and still is.
Direct mail still works but much less effectively for certain markets and owner types, and also postage is much more expensive.
Once I gained traction, I eventually went into retail remodeling owner-occupant homes and making income portfolio properties for investors, many of which were Section 9 income properties.
Some Examples of Deals I Sourced For
Investors Using Data Mining and Direct Response Marketing
A newer Foreclosed home purchased for $124,000 in Broadview Heights, OH.
A tax foreclosed Mentor, OH home bought for $99,000
A double in Collinwood bought for $8,000 (Worth $45,000)
A direct mail, sourced distress University Hts colonial SFH purchased for $48,000 (Worth $175,000)
An Double in Collinwood purchased for $12,000. (Worth $55,000)
A House on Armin Ave in Lakewood Bought For $15,000
How Are We Able To Find Such Low-Priced Property?
We have a system and deal flow that took many years to develop and fine tune. Real estate is very local, and if you know the market well, you can discover local anomalies of high quality cash flow properties at bargain sale prices. It is a combination of luck, skill, timing and most importantly; experience.
A Single family house on Carabel avenue in Lakewood we bought for $29,000
Investor Profiles
We work with experienced and new investors that need guidance and attention before and after the purchase. We have a solid track record in this business are are with you through the whole process.
One Property or a Portfolio
Whether you need a portfolio of triplexes or one duplex and one single family rental home, we are a small-enough company to give you the attention and service you will need to make this a recurring success that other larger companies cannot deliver. If you are an out-of-area investor, this is absolutely critical.
Long Distance Investor
We mostly specialize in working with multi-state and global investors that seek higher returns or equity that what their local marketplace can deliver. We have the credibility and work hard to deliver an equitable property to you. It is our goal to establish a long term business relationship with you, most of our investors buy 3-10 properties. Multiple cash flow properties in the same market is a great way to hedge expenses and management issues. For a new Investor, this is a great way to get started, use our expertise and guidance through the whole process.
CCFP offers properties to investors looking for profitable rental income holdings or bargain-priced rehab properties that come with support plans on the back-end.
Equity Strategies
The buy and hold for cash flow is still a winner in this real estate market. We sell properties to investors who are interested in holding for a positive profitable cash flow.
- No Speculation
- No Pre-Construction
- No Dependence On Market Appreciation
- Buy On Cash Flow Not Equity Spec.
We can assist you with a complete system of management and turnkey 1-3 unit cash flow properties fully rehabbed and cash flowing (Or light fixer uppers).