Cleveland real estate commercial residential: Recent Episodes
Mike Mendoza
Ramblings about what's going on with me in real estate. Commercial , Residential, and investment properties.
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
0:00 - 0:07 Intro
0:08 - 2:02 January 2023 Cleveland Market Update
2:03 - 4:06 2023-2024 should see real estate market rise
4:07 - 6:06 Cleveland still hot for multifamily and commercial properties in 2023
0:00 - 0:53 Intro
0:55 - 6:08 December 2022 market update and looking for properties in Cleveland
6:09 - 10:02 Calling all private investors for real estate
0:30 - 3:14 Audit on 2022 goals and results
3:15 - 16:24 Rehab details on 4719 Longwood Parma, OH
0:00 - 0:20 Intro
0:21 - 1:16 Winter is here and Gratitude
1:17 - 5:37 Shaker Square, Cleveland, Ohio retail and office spaces
0:00 - 0:58 - Intro
1:00 - 3:20 My investment plan for 4th quarter 2022
3:21 - 3:59 Cleveland Hts commercial property closing
4:00 - 6:45 Our investors are buying commercial property in Cleveland
6:45 - 8:51 Our real estate development projects
8:52 - 10:17 Doza Group future business plans
00:00 - 0:20 Intro
0:21 - 2:39 Generating leads
2:40 - 4:51 Data Mining tools for realtors
4:52 - 6:04 CRM and auto communication w leads
6:05 - 7:45 Targeting your exact buyer
7:46 - 9:12 Identify sellers likely to sell soon
9:13 - 16:00 Sales through relationships and not salesmanship
16:01 - 16:33 Outro
0:00 - 0:18 Intro
0:19 - 1:03 Overview of the current Cleveland real estate market
1:04 - 4:02 Why you need to use a licensed agent
4:03 - 8:14 Difference between a residential and commercial agent
8:15 - 9:46 Agents should know the different markets in Cleveland area through closing deals
9:48 - 11:29 Agents should have a number of independent reviews based on closed deals
11:30 - 13:55 Choose agents you want to work with and works well with you
0:00 - 0:06 - Intro
0:07 - 0:50 Golf with us in Cleveland, OH, Real Estate networking.
0:51 - 9:28 2022 Up and-coming neighborhoods in Cleveland, OH to invest in.
0:00 - 0:36 Intro
0:40 - 3:21 Calculating and analyzing expenses for residential properties
3:22 - 10:45 Tips for investors to quickly make an offer
0:00 - 0:20 Intro
0:23 - 1:03 Are we in a recession?
1:11 - 3:59 Using Self Directed IRA’s to invest in real estate
4:00 - 8:39 Leveraging my properties to buy more real estate
8:41 - 11:24 - How to maximize leads from google search
11:25 - 14:50 How a tenant can self evict themselves
0:00 - 0:08 - Intro
0:09 - 0.45 Akron Market and FASS Retail Development in East Akron
0:46 - 2:16 Akron Market and FASS Retail Development in East Akron
2:19 - 5:40 Retail development process steps for a project in Akron Ohio
5:42 - 8:45 Residential Development project in Cleveland, New vs. Historic Restoration
0:00 - 1:00 - Intro
1:01 - 4:25 Describing Streetsboro Ohio
4:27 - 6:25 Brokerage commission structure discussion
6:27 - 6:53 Outro
0:00 - 0:25 Intro
0:27 - 0:47 Refinancing to invest in more properties
0:48 - 2:00 Looking to Buy and Hold Rental Properties
2:04 - 2:19 Finding sellers and buyers for listings
2:20 - 3:35 Demand for retail space July 2022
3:39 - 6:00 Real Estate Development projects we are doing
6:00 - 7:36 Shaker Hts, OH commercial development
0:00 - 0:14 Intro
0:15 - 0:56 “How people are finding a commercial broker on the internet”
0:57 - 1:19 “New listing, 5 home portfolio, Cleveland OH, Slavic Village”
2:56 - 4:50 “Industrial property for sale, Cleveland, OH”
5:45 - “Utilizing fsbo and expired listing lists from title company”
0:44 - 2:25 Tremont neighborhood of Cleveland
2:26 - 10:21 Ways to finance investment properties, self directed IRA’s, private investors
10:28 - 13:22 Using HELOC to leverage equity, ARV, Refi,
0:00 - 0:58 - Intro
1:00 - 3:20 My investment plan for 4th quarter 2022
3:21 - 3:59 Cleveland Hts commercial property closing
4:00 - 6:45 Our investors are buying commercial property in Cleveland
6:45 - 8:51 Our real estate development projects
8:52 - 10:17 Doza Group future business plans
Leaving a legacy and building relationships in the community our key to commercial brokerage and commercial real estate development. Insta : @MikeMendoza216 Mobile: 440-941-3692
We discuss some current economic events and clients we are working with to lease retail space and to acquire mixed used commercial property. @Mike Mendoza216 440-941-3692
Interest rates going up. Sellers not selling. What now and in next 10 yeara. Insta: @mikemendoza216 mobile 440 941 3692
Using indirect contact to establish yourself as local expert. @mikemendoza216 4409413692
I’m talking about cryptocurrency the current market can investment outlet for the rest of 2021
In this episode we talk about solving problems for properties that are available and we have some off market multi family deals for you. Instagram: @MikeMendoza216 Mobile: 440-941-3692
An update on redevelopment of a historical property we are consulting and brokering. Connect with us on Instagram @MikeMendoza216 Or call 440-941-3692
What one needs to do if they’re trying to set up a social club for Texas hold them poker in a retail space. Insta: @mikemendoza216 cell: 440 941 3692
We talk about single family home investment and also scaling up our lead generation system with Virtual Assistants
Food hall, dance space, health and wellness space, cinema, retail, and apartments on the west side of cleveland. Ig: mikeMendoza216 mobile: 440 941 3692
Updates on our development project and some trends in the market. IG: mikeMendoza216 cell: 440-941-3692
How we ensure we encourage back up offers for commercial listings. Instagram: mikeMendoza216, cell: 4409413692
An into a couple neighborhoods in cleveland. Instagram: mikeMendoza216, phone: 440-941-3692
Relationships like cash is king. Still need to be aware of tech. Ig: mikeMendoza216 440-941-3692
Updates on how I’m using my VA. And also quest to find Regional a national retailers for owner clients.
Client time and showing houses, marketing campaign. Contact me on your experience with social media marketing on the commercial side. Instagram: mikeMendoza216, phone: 440-941-3692
What we are doing, experiences with subcontractors and employees. Instagram: mikeMendoza216 phone: 440-941-3692
How to identify a farm area and create deals 3-6 months from now. 440-941-3692. Instagram: MikeMendoza216
Sacrifice, accepted offer, advertising . Current portfolio of multi family property for sale in Cleveland. Give us a call 440-941-3692. Instagram: mikeMendoza216
Recap of deals we are working on, eminent domain, investor buyers. Instagram: mikeMendoza216. Investment properties for sale
My dealings with city utilities and how I think Lead funneling should be done or what my experience has been
Land Bank properties for the county and the city to acquire. Marketing your properties. Instagram: MikeMendoza216
Rental registration in the Cleveland area and how to and tips and tricks. Instagram: Mike mMendoza216
Checking in on first quarter goals and start of a new administrative assistant. Instagram: MikeMendoza216
Recapping some residential and commercial deals to close and also our plans for the following week I am working on commercial real estate brokerage. Instagram: MikeMendoza216
Electrical service into multifamily and some costs involved. Give us some feedback at Instagram: MikeMendoza216
Focus your networking and some commercial deals I’m working on it. Instagram: MikeMendoza216
This episode I go over some commercial listings I have currently. Send me a message on Instagram: MikeMendoza216
In this episode we talk about commercial contracts for purchase including possible assignments of that contract and also bringing your focus and “A“ game every day. Instagram: MikeMendoza216
Commercial real estate has a long sales cycle and gratitude for 2018. Instagram: MikeMendoza216
We talk about overwhelming schedules and project. Also we talk about the start of my development projects for next year. Instagram: MikeMendoza216
This episode I clear the air about the information on this podcast. And also recap a development deal I’m working on.
The importance of getting back to your customers. And new deal that I’m working on. Instagram: MikeMendoza216
So thankful for the relationships I have in my life. Doing what I love for a living. And just being alive. 2019 is coming around the corner I hope you’re succeeding in your goals. Instagram: MikeMendoza216
Details on smaller valued properties and improving our property management infrastructure
Taking the leap and doing something new and making mistakes building relationships. Instagram: MikeMendoza216
We talk property management and acquisition of multifamily in cleveland Ohio. Insta: MikeMendoza216
This episode I talk about current listings buyer representation and more property management leads. Instagram: MikeMendoza216
Confessions of time not spent well and how entrepreneurs can focus on the right things. Instagram: MikeMendoza216
Today we talk about the certified commercial investment member designation and new contracts that we are closing for multifamily property management. Instagram: MikeMendoza216
We switch in the summer mode and are continuing to better the contractor and invoicing process. Instagram: MikeMendoza216
Implication of purchasing a property and knowing the property tax market value in your due diligence process
Owner should see their properties at least once a year. And a couple commercial deals going on. Instagram: MikeMendoza216
Need to network with small business owners and know your market where commercial properties are and what types of small businesses choose where to locate. Instagram: MikeMendoza216
Went to make the decision on renovating versus re-doing. Getting involved with your real estate business. Instagram: MikeMendoza216
Current things going on in property management and our journey to solve them. Instagram: MikeMendoza216
We talk about a deal that our offer was not excepted and we also talk about property management minutia and building business lines. Instagram: MikeMendoza216
We are in a multiple offer for an apartment building we are brokering. How to base your offer in the situations
Point of sale inspections and letter of intent for apartment deal. Instagram: MikeMendoza216
Understanding cost of repairs maintenance and construction and how to fairly deal with contractors you hire. Instagram: MikeMendoza216
Some list items of things to prepare for when having your commercial building inspected by the fire marshal. Instagram: MikeMendoza216
Broken record talking about trying to get more time to do more brokerage and the problem with section 8 process
Still transitioning properties. Continuing to meet tenants gathering accurate information about the properties inspecting properties and making sure that they are secure.
Lease options, offer for 24 unit apartment building, invoicing. Instagram: MikeMendoza216
Time frames for getting a small business up and running in a retail spot. Electrical code issues at an apartment building. Estoppel documents and serving eviction hearing notices to John Doe
Listen as I verbally walk you through my commute from my office in Shaker Heights to Woodmere to meet a client to highlight some areas and other points of interest. Insta: mikemendoza216
This episode we talk about getting through some prioritize tasks for my day yesterday. Also changing up some of the duties of my personal assistant. Instagram: MikeMendoza216
Managing client expectations and what you need to do to build your business without killing yourself
This episode we toured a 24 unit apartment building. Also went downtown to get a electrical permit. Come join us. Instagram: MikeMendoza216
We talk about current status of Cleveland eviction court for some tips and tricks to help you get the judgment you need and save time. Instagram: mikemendoza216
In this episode I talk more about my commercial deals currently. I also talk about Tremont and Ohio city neighborhood. Lastly we talk about taking chances on tenants who may have a criminal background. Instagram: @MikeMendoza216
My experience so far building my book of business and how we can use newer agents to continue to build. Instagram: @mikemendoza216
Follow our new programs resources and marketing for fast real estate services we are implementing. And I’d also talk briefly about section 8. Instagram: MikeMendoza216
The many aspects of my brokerage business and property management tasks. How that is helping to get to my goals. Instagram: @MikeMendoza216
Information on the creative deal that I’m working on for apartment building sale, working with contractors proving their worth, utilizing your whole day and evening to build your business. Insta: @mikemendoza216
Some tax tips that I’ve been learning the past week and my struggle with time management and current ability to focus time or spend time on brokerage
Building construction management property management in brokerage service to properly serve investors
Updating Owners on work status of rehabs and repair jobs. Getting people to fill out applications for prospective tenants Instagram: @mikemendoza216
Repair process • Repair process data base. Figuring out how to make our repairs maintenance and rehabs more efficient and quicker
Snowplowing • Leads for property mngt , Evection filing note, using a new assistant. Hit me up on Instagram @MikeMendoza216
Good with the bad • Commercial leases talking about litigation in real estate and also lease disputes between tenants and owners and the due diligence needed to prevent these things in relationships from going bad. Hit me up on Instagram: MikeMendoza216
Gratitude • 30 and 3 day notice. Getting a good perspective on how good you have it and giving tenants 30 day and three day notices
Standardizing repairs • New leases . Recapping my day which includes dealing with tenants new lease is collecting rents and dealing with different personalities of tenants also getting more time to do Brokeridge by using personal or admin assistance
Costar and Cleanouts. Talking about commercial listing service database and clean out and repair after eviction
Setting up an apartment part two. Getting Security deposits before the property transfers