A real estate investment had long been considered a sure thing in nearly any case in the years leading up to the housing crisis.  Of course, all of that changed as property values plummeted and people found themselves unable to sell their properties for the profit they were planning on.  Many of these people decided to rent out their properties, either because they couldn’t sell their property or to hold onto it until the market picked up and they could sell for what they hoped for.  These people are considered accidental landlords, and many of them hate their new title since being a landlord can create numerous headaches they hadn’t planned on.

On the other hand, some people are taking full advantage of the housing crisis.  With home values at rock bottom, making a real estate investment is cheaper than ever.  Accidental investors are those who have seen the opportunity to make cheap purchases and taken advantage of it.  Perhaps they stumbled upon the chance by inheriting a home, or simply saw the opportunity and went for it.  By buying now at the lowest prices, accidental investors often rent out their properties to pay the mortgage payments and wait until the market improves enough for them to make a tidy profit off their investment.

So which are you?  An accidental landlord or an accidental investor?  If you have a piece of property that seems impossible to sell, you may want to consider becoming an accidental landlord.  Property managers can make the process easier than you can imagine for only a fraction of the rental profit.  And if you have the extra cash and are willing to take a risk, making a real estate investment or two and becoming an accidental investor could pay off big down the road.  Eventually the market is expected to recover, and when it does you’ll see a nice profit.

Are you looking for a full-service solution for your long-term rentals in the Cleveland, OH and surrounding areas? You’ve come to the right place. Be sure to get your Free, no-obligation Property Management Quote Today or call Sean Hinely now at 440-782-4062 for all the details.

Executive Living at its best!

Unmistakable custom Kopf built home. Walk to Community Pool & Tennis. Finely appointed thruout w/ custom milled woodwork, Greatroom: Maple, boxed beamed ceiling, Full wall of builtins, built in entertainment module, & 65 plasma & surround sytem stays!

Motorized Foyer chandelier for easy clean. 5 level split w/ floating den/office, custom arched doors. Incredible(Large)master suite. Bath & suite separated by double view fireplace & dual arched entries, his & her dual vanities, dual private lavs, separated by jetted tub, and separate xtra lrg, glass shower. Huge U shaped walkthru closet.

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All 3 second floor bedrooms are suites w/ full baths. Gourmet kitchen features Granite, maple hardwood floors, maple cabinets, All stainless:Sub Zero, Viking, Bosch, Island/bar w/ sink, wine/beverage fridge.

Large butlers pantry, Full finished basement w/ 5th bedroom,(egress windows), rec room, family room, & tons of storage. 3 car side load w/ builtins,slatwall,utiliy sink.