The Cleveland Real Estate Investor

Turning A Vacant and Neglected Property Into Your Next Investment

Reilly Properties Episode 125

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0:00 | 21:48

Brook, Mike and A'marri talk RATH, reactions from the City and how we plan to turn these neglected houses around.
Only use first half of recording and stop when Mike says that the podcast section is done.
Should include none of the meeting after where we talk about Brook's week next week and more specific work items.

[1:00] Mike introduces the latest Project RATH developments and explains how the team is starting to see movement on neglected properties.

[4:00] Mike compares Project RATH to getting in the end zone, focusing on before-and-after results that show real progress.

[8:00] The group discusses using updates, email blasts, and investor communication to track problem houses and pressure action.

[13:00] A’marri explains how one property owner appears to move ownership through different LLCs, making it harder for the city to collect taxes and liens.

[19:00] Mike connects vacant homes to Cleveland Heights’ larger housing problem, including lost property tax revenue and the impact on surrounding neighborhoods.