Talking Real Estate Commercial Residential

2023 has been a horrible year  0:22 - 0:43 Getting ready for 2024 0:44 - 2:15 Marketing to family and friends  2:16 - 5:41 Maple hts, Ohio is on the rise --- Support this podcast: https://podcasters.spotify.com/pod/show/mike-mendoza/support

Model home will be built, new residential construction for sale Maple Hts, Ohio. --- Support this podcast: https://podcasters.spotify.com/pod/show/mike-mendoza/support

0:00 - 0:17 Intro 0:18 - 0:58 Retail leasing opportunities Cleveland  0:59 - 1:49 New Construction Residential  1:50 - 2:37 Travel plaza, self storage, retail, apartment development Cleveland area --- Support this podcast: https://podcasters.spotify.com/pod/show/mike-mendoza/support

New construction homes for sale in Thomas St  Maple Heights --- Support this podcast: https://podcasters.spotify.com/pod/show/mike-mendoza/support

0:00 - 1:24 No Standard in real estate commission, Value we bring 1:25 - 2:50 Networking and building relationships is a lot of work over years 2:51 - 4:07 Becoming the expert in the market takes years to develop 4:08 - 6:42 Need to compete with Wholesalers, they are not going away --- Support this podcast: https://podcasters.spotify.com/pod/show/mike-mendoza/support

Short term renters (agency nurses), what types of properties/services do you look for? --- Support this podcast: https://podcasters.spotify.com/pod/show/mike-mendoza/support

0:00 - 0:14 Intro 0:15 - 1:17 Real Estate Development in Vermillion and Port Clinton, OH 1:18 - 2:15 Sports Facilities are in Demand 2:16 - 2:54 Challenges in building sports facilities 2:55 - 4:45 Types of sports facilities and themes 4:46 - 6:09 Using self directed IRA’s to buy Auction properties --- Support this podcast: https://podcasters.spotify.com/pod/show/mike-mendoza/support

0:00 - 0:40 Intro 0:41 - 2:04 Properties I’m looking to invest in 2:05 - 4:10 Doza Group Real Estate Logo Story  4:11 - 5: 39 Auction Properties Process in Cleveland, Ohio 5:40 - 6:50 Self directed IRA’s 6:51 8:02 Check IRA laws before investing using self directed IRA 8:03 - 10:21 Current listings: apartments for lease and new construction for sale --- Support this podcast: https://podcasters.spotify.com/pod/show/mike-mendoza/support

0:00 - 0:54 How much per unit for a good deal?  0:55 - 2:03 Making the offer advice 2023 2:04 - 2:46 Renovations forced the appreciation 2:47 - 3:41 Always follow up with all your leads --- Support this podcast: https://podcasters.spotify.com/pod/show/mike-mendoza/support

0:00 - 0:19 Intro 0:20 - 1:06 Shaker Square, Cleveland Ohio Story 1:07 - 2:08 Types of tenants we are looking for 2:09 - 2:27 Current Shaker Square Cleveland tenants 2:28  Call us if you are a retailer looking for space --- Support this podcast: https://podcasters.spotify.com/pod/show/mike-mendoza/support

0:32 - 1:09 If trees fall before the closing 1:10 - 2:06 Seller responsible for fallen trees before closing 2:07 - 3:04 Should we have an attorney involved?  --- Support this podcast: https://podcasters.spotify.com/pod/show/mike-mendoza/support

0:00 - 0:27 New Investor process 0:28 - 1:32 Evaluating repairs under POS violation 1:33 - 1:50 Inspecting houses after getting them under contract 1:51 - 3:14 Evaluating repairs and process on distressed properties 3:15 - 3:57 Kitchen estimate 3:58 - 5:13 Bathroom Estimate 5:14 - 5:25 HVAC and HWT estimate 5:26- 6:18 Roof and basement estimate 6:19 - 7:49 Mirror what the top rent comps are doing in a market --- Support this podcast: https://podcasters.spotify.com/pod/show/mike-mendoza/support

0:00 - 0:42 Some commercial listings may be high profile  0:43 - 1:47 Many different platforms to list commercial properties 1:48 - 2:54 Marketing spaces directly to small business owners 2:55 - 3:55 City Economic Development Directors 3:56 - 4:41 Direct referrals from Econ Dev Directors  lead to better tenants 4:42 - 5:24 Small business association networking 5:25 - 6:20 Commercial lender networking 6:21 - 7:43 Community development corporations networking 7:44 8:00 Chamber of Commerce networking 8:01 - 9:19 Find where the small businesses owners where they hang out 9:20 - 10:07 Don’t rely on listing services for tenants to find your property --- Support this podcast: https://podcasters.spotify.com/pod/show/mike-mendoza/support

0:00 - 0:48 Call me if interested in learning commercial real estate brokerage 0:49 - 1:06 You don’t need start in residential real estate 1:07 - 1:33 Retail, Multifamily, Industrial, Office, Land categories 1:34 - 2:03 Residential vs Commercial 2:04 - 2:35 Call us at 440 941 3692 for networking meeting --- Support this podcast: https://podcasters.spotify.com/pod/show/mike-mendoza/support

0:00 - 0:37 Bidding on Sherrif auction  0:38 - 0:50 Cuyahoga county sheriff registration 0:51 - 2:09 Funding of the deal if you are winning bidder 2:10 - 2:24 Auction.com, County sheriff website, etc 2:25 - 2:57 You can’t inspect the property 2:58 - 3:41 Buying house site unseen 3:42 - 4:07 Due Diligence 4:08 - 4:25 You can wait until Bank buys the property 4:26 - 5:49 Banks will bid on the property 5:50 - 6:06 Banks will run the price up 6:07 - 6:40 If you win the auction… 6:41 - 7:25 Risks when buying an auction property 7:26 - 7:46 You can invest with us to buy auction properties --- Support this podcast: https://podcasters.spotify.com/pod/show/mike-mendoza/support

0:00 - 0:46 Biggest ticket items to focus on 0:49 - 1:10 Always check pricing for materials, labor, etc as it changes rapidly 1:11 - 1:50 Assume a furnace needs replaced with ductwork 1:51 - 2:04 Hot water tank prices fluctuate frequently 2:05 - 2:33 Updating fuse box to circuit breaker box 2:34 - 3:41 Get estimate from plumber 3:42 - 4:37 Ask what roofing and rotted wood replacement costs, look to paint siding 4:38 - 5:00 Get an estimate but try and patch rather than replace whole driveway 5:04 - 5:22 Doors and roofs on Garage 5:23 - 5:32 Interior paint 5:33 - 7:40 Standard total rehab cost minimum $30k-$40k 7:41 - 8:22 Houses still at top of the market prices even if not rehabbed 8:23 - 9:02 Call us to learn why is the best time to sell --- Support this podcast: https://podcasters.spotify.com/pod/show/mike-mendoza/support

0:00 - 0:15 Intro 0:16 - 3:26 off market deals via networking  0:26 - 0:55 1856 e 89th st apartments in a Victorian house  1:34 - 2:11 Hotel for sale  2:12 - 2:46 66 unit portfolio for sale in Cleveland  2:59 - 3:25 20 unit apartment for sale 3:26 - 4:07 - Informed of three deals based on my relationships 4:08 - 4:29 - Come Golf with us in Cleveland on Fridays this year 4:30 - 5:20 Relationships are required to get things done and to advance 5:21 - 6:03 Received a commercial retail listing from our broker’s relationships 6:04 - 6:26 Call me if you do SEO and SEM

0:00 - 0:17 Intro 0:18 - 3:26 Documenting the journey, building the community  0:35 - 0:48 Documenting my journey 0:48 - 1:14 Building the community 1:15 - 1:38 Platforms I use to convey content 1:39 - 2:33 Investors are calling looking to invest in Cleveland 2:34 - 3:26 Local, out of state and international people are calling 3:27 - 3:55 We need to buy apartment buildings 4 or more units 3:56 - 4:37 Keep creating content even if no one is listening right now

0-0:29 Eviction: court order is given for bailiff to force the tenants to leave the house 0:31-1:07 Eviction: Notice is posted and also mailed to tenant at the property 1:11-1:25 Eviction: Bailiff forces entry and movers start moving tenant belongings out to curb 1:33-1:40 Eviction: You change the locks so tenant doesn’t get back in 1:41-2:58: Eviction: tenant then gets their things or will get stolen, landlord can get fined by city 3:00-3:27: Eviction: Tenant has known about this for weeks of the eviction

What the landlord looks for in a prospect for retail space Restaurant space and the ideal prospect for the space Tips for business to lease a retail space