Cleveland & Northeast Ohio

One team for every side of real estate.

Buy. Sell. Invest. Rent. Manage. Brokerage, investment, property management, and maintenance under one roof — across Cleveland, Lakewood, Ohio City, Tremont, and the rest of Northeast Ohio. Honest numbers, one accountable team, start to finish.

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Our story

22+ years of owning and operating.

Source One Realty is built on more than 22 years of ownership in this industry: real estate companies, property management companies, and investment portfolios across Northeast Ohio.

Today it all lives under one roof: sales, property management, maintenance, and construction. The same straight-with-the-numbers approach runs through everything we do, whether you're buying your first home in West Park or your fifteenth door in Ohio City.

Years owning and operating
22+
Units under management
300+
Cleveland & Northeast Ohio
1 market
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Source One Realty advisors reviewing property numbers with a clientRenovated Cleveland colonial home on a tree-lined West Park street
Kelly Stumphauzer, founder of Source One Realty

Kelly Stumphauzer

Founder, Source One Realty

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Meet the owner

22+ years, 1,000+ homes, and a track record built from scratch.

Kelly Stumphauzer has spent the last 22+ years building one of the most recognized real estate investing track records in Northeast Ohio. She has flipped more than 1,000 homes, built and led large turnkey operations, acquired and scaled property management companies, and navigated four full market cycles — all while building systems that help investors succeed.

Her early years taught her to be resourceful, disciplined, and relentless. Those lessons shaped everything that came after: building buy-and-hold portfolios, structuring private money deals, managing renovations at scale, and growing companies that serve owners with transparency and accountability.

Her work has been featured in The Wall Street Journal, and she has shared her experience on national stages and podcasts including Real Estate Investing Unscripted and The A Game Podcast — speaking openly about what actually works in this business, beyond the highlight reels and get-rich-quick stories.

Today she owns Source One Realty, a full-service, investment-focused firm supporting owners through every stage: acquisitions, renovation management, leasing, property management, and exit strategy — across Cleveland and Northeast Ohio. Operations are tech-forward, process-driven, and built for real-world performance, not theory.

Alongside running the brokerage, Kelly is passionate about coaching new and experienced investors — creative financing, BRRRR, scaling, deal analysis, managing contractors, and building real cash-flow portfolios that withstand market cycles.

“From being underestimated to becoming a nationally recognized operator, my mission is the same now as it was when I started: help people build real wealth, gain financial independence, and make smart, sustainable real estate investments with confidence and clarity.”

1,000+
Homes flipped and renovated
22+
Years investing and operating
4
Full market cycles navigated
The team

Operators, not order-takers.

The same people who underwrite the deal also lease it, manage it, and answer the phone. Meet the team behind the property management and short-term rental side of the business.

David Leggett, Managing Principal Broker / Investment Specialist

David Leggett

Managing Principal Broker / Investment Specialist

Hello, I'm currently the Managing Principal Broker for a new property management company in the Cleveland area called Source One Realty. Source One Realty is an exciting new property management company that is leveraging technology and decades of experience and expertise to create an All in One Platform for investors looking to buy, sell, and have their properties managed properly and professionally.

I personally specialize in Investment and commercial real estate and have almost 10 years experience working with investors from all the world helping them find investment properties in the NE Ohio / Cleveland market.

Source One Realty is your All in One partner for real estate investing in the Cleveland / Akron market. Our company handles acquisitions, large and small renovations, leasing, sales, and management services.

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Lily Draga, Operations, Source One Realty

Lily Draga

Operations, Source One Realty

Lily Draga runs day-to-day operations for the brokerage and property management side of Source One. A Miami University graduate, she leads a team of property managers, leasing agents, and back-office staff supporting the Cleveland portfolio.

Her work covers the parts of the business owners and residents feel most directly: tenant inquiries answered quickly, leasing coordination, maintenance dispatch, and compliance — documentation, inspections, and regulatory deadlines that have to be met on time, every time. She also oversees Source One's off-market marketplace, managing client relationships and overall performance.

Lily is usually the first person an applicant or owner talks to, and the reason turn times, showings, and work orders stay on schedule.

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Michelle Norton, Agent, Source One Realty

Michelle Norton

Agent, Source One Realty

Michelle Norton has worked in real estate since 2002. She began her career in New Jersey, earned her broker's license in 2012, and spent more than a decade as Broker of Record of her own firm — handling listings and sales, leasing, property management, staging, and renovation.

Today she works with buyers, sellers, and investors across Cleveland and Northeast Ohio. Having owned and operated her own brokerage, she evaluates a property the way an investor does — not just the way a listing agent does.

She pairs local market knowledge with the Source One vertically integrated model, so clients don't just get a listing agent or a buyer's agent. They get a partner who understands acquisition, management, and resale strategy, and who keeps the deal moving from contract to close.

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Alex Cucu, Source One Realty

Alex Cucu

Source One Realty

Alex Cucu owns short-term rentals and started Source One Realty after meeting owner after owner frustrated by the same things he was: a management company that treated them like an account number, occupancy that sat flat, calls that went unreturned, and a "full-service" fee that came out every month regardless.

Source One Realty is the alternative — a boutique co-hosting company managing short-term rentals across Cleveland and Northeast Ohio. The team takes the day-to-day off an owner's plate through listing and revenue optimization, guest communication, housekeeping and maintenance coordination, and permitting compliance, without the owner giving up control of their own home.

Before real estate, Alex spent nearly two decades in enterprise software and data marketing, including roles at Salesforce, Teradata, and Alterian. That background shapes how Source One Realty approaches pricing, distribution, and owner reporting.

The company stays deliberately small by design. Alex works directly with every owner — you get his cell, not a ticket queue.

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Work info

Explore the numbers behind our Northeast Ohio track record

We own, manage, renovate, and sell across Cuyahoga County. The numbers below come from real operations — not from a franchise brochure.

22+Years owning and operating
300+Units under management
100sOf homes bought and sold
1Market: Northeast Ohio
One market, one team

Northeast Ohio — run the same honest way, block by block.

A straight-with-the-numbers approach: brokerage, investment, property management, maintenance, and construction under one roof, across every neighborhood we serve.

Cleveland, OH real estate — Northeast OhioNortheast Ohio

Cleveland, OH

Cash-flow rentals, BRRRR deals, and in-house renovation.

Northeast Ohio is where our 22+ years started: 3719 W 140th St, Cleveland, OH 44111. Real properties, honest numbers, and one accountable team from purchase through management.

  • Turnkey and BRRRR acquisitions with in-house crews
  • Out-of-state owner reporting and remote oversight
  • Single-family, duplex, and small multifamily management

Ohio City · Tremont · Downtown · Lakewood · West Park · Cleveland Heights · Old Brooklyn · Detroit Shoreway

Explore Cleveland investment property
Why Source One

Vertically integrated. Across Northeast Ohio.

Brokerage, property management, maintenance, and construction under one roof. One team, accountable start to finish — so nobody gets to blame another vendor.

We've worked these streets for 22+ years. We know which blocks rent, which sell, and what the numbers really look like — from Ohio City and Lakewood to Cleveland Heights and West Park.

See how we underwrite

Brokerage

Buying, selling, and leasing across Cleveland, Lakewood, Ohio City, Tremont, and all of Northeast Ohio.

Property management

Long-term, mid-term, and short-term management at 10% · 8% · 6% — rates that scale down with volume, with owner reporting you can actually read.

Maintenance

Our own crews and our own pricing — no third-party markups, whether it's a roof in Cleveland Heights or a furnace in Old Brooklyn.

Construction

Renovation, BRRRR rehabs, and pre-listing prep done at real cost, not marked-up vendor invoices.

What we do

One team for every side of real estate.

Brokerage, investment, management, and maintenance, all under one roof — built for the Northeast Ohio market and the way people actually buy, sell, and own here.

Buy a home

Find your forever home across Cleveland, Lakewood, West Park, Ohio City, and the rest of Northeast Ohio — with real block-by-block market data behind every offer.

Talk to a buyer's agent

Sell your home

Pricing, prep, and exposure that get you more with less friction. Our in-house crews can repair, refresh, and stage before the home ever hits the MLS.

Get a free valuation

Invest with us

Cleveland cash-flow rentals and BRRRR deals underwritten with honest numbers, not pro-forma promises.

Book a strategy call

Property management

Leasing, rent collection, inspections, and in-house maintenance that protect the asset. Long-term, mid-term, and short-term at 10% · 8% · 6%.

Get a proposal

Find a rental

Clean, well-kept rentals across Northeast Ohio, with an easy application process that stays in writing.

Ask about availability

Source One Stays

Designer short-term rentals in Cleveland: hotel-grade comfort, thoughtful design, and keyless self check-in.

Explore Stays
The process

How working with us actually goes.

Every step is tracked in one system, so you always know where your deal stands.

  1. 01

    Consult

    We educate you on the whole process, from budget to financing to timelines. Nothing surprises you later.

  2. 02

    Tour

    The exciting part. We line up homes that match your list and help you find the one that feels like yours, with real comps for each block.

  3. 03

    Close

    We negotiate, manage inspections and condo or title docs, and get you to the closing table clean.

  4. 04

    Own & manage

    Leasing, rental strategy, in-house maintenance, and owner reporting once the keys are yours.

Where we work

No neighborhood is one market. We treat them that way.

Price per square foot, rental rules, insurance, and buyer pools change block by block — across Cuyahoga County and greater Northeast Ohio. Here is where our team spends its days.

Ohio City & Tremont — Cleveland, OHCleveland, OH

Ohio City & Tremont

Our short-term rental and Source One Stays core: walkable, event-driven demand and nightly rates that reward good design.

Downtown & Detroit Shoreway — Cleveland, OHCleveland, OH

Downtown & Detroit Shoreway

Fast-appreciating, redevelopment-heavy corridors where new construction and rehab projects meet strong rental demand.

Lakewood — Cleveland, OHCleveland, OH

Lakewood

Classic colonials, up-and-down duplexes, and long-term tenant demand. Where turnkey and BRRRR numbers still pencil out.

West Park & Old Brooklyn — Cleveland, OHCleveland, OH

West Park & Old Brooklyn

Our bread and butter for annual rentals and renovation plays — solid rent-to-price ratios and steady tenant demand year round.

Cleveland Heights — Cleveland, OHCleveland, OH

Cleveland Heights

Historic multifamily and inspection-heavy stock, with a deep pool of long-term renters looking for character homes.

Testimonials

What it sounds like when the numbers are honest.

We were buying our first home from across the state. They toured for us, told us which streets flood and which don't, and never once oversold a home.
MMarcus D.Bought in West Park, OH
Out-of-state owner here. Three doors in Cleveland, all renovated by their own crews, all rented. Real numbers before I bought, real statements after.
PPriya S.BRRRR investor, Old Brooklyn, OH
Rent shows up, inspections happen, and maintenance stopped being my second job. One team instead of five vendors.
KKelly R.Management client, Lakewood, OH
Good to know

Frequently asked questions about working with Source One Realty

Which markets do you serve?

Cleveland and greater Northeast Ohio, including Lakewood, West Park, Ohio City, Tremont, Cleveland Heights, Old Brooklyn, and Detroit Shoreway.

Do you only work with luxury buyers?

No. We work with first-time buyers in West Park and Old Brooklyn, move-up buyers in Lakewood and Ohio City, and investors building portfolios across Northeast Ohio.

What does a free consultation actually cover?

A straight conversation about your goal, your timeline, and the real numbers — price bands, insurance, HOA and rental rules, taxes, renovation cost, and what a property like yours actually rents or sells for right now.

Can one company really handle sales, management, and maintenance?

That is the whole point of how we are built. Brokerage, property management, in-house maintenance, and construction sit under one roof, so nobody gets to blame another vendor.

What do you charge for property management?

Rates scale down with volume: 10%, 8%, or 6%. No hidden fees, everything in writing, with bi-annual inspections and a local agent in charge.

How do I reach your team?

Call 216-242-1400 or send the consultation form on this page. Our office is at 3719 W 140th St, Cleveland, OH 44111. We answer with a person, not an automated drip sequence.

Free consultation

Let's talk about your property investment needs

No contracts. No hidden fees. Just reliable service across Cleveland and Northeast Ohio.

Interested in

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