All Forum Posts by: Josh Trup

 The whole 2am emergency thing is way overblown bro. Most everything can wait till the morning. I know a lot of people like to say don't call me at 2am unless my house is on fire. I dunno why any landlord would want a 2am call to tell them their house was on fire. I don't know about ya'll but I don't have a firetruck so I can wait till the morning for that call too.

We used Angies List and found a handyman who now services all of our units which are 1+ hours from us.  We talked to many and found one and it has worked out wonderfully for the last 3 years.  Our tenants love him.  If there is something that needs a licensed tradesman, he has plenty of connections and it leads to reduced rates.  Has worked out well for us.   The tenants call us to report a problem, we call him, he calls the tenants back to coordinate a time to fix the problem.  If the tenants try an end around by calling him directly, he tells them he cant do it without us authorizing whatever work it is.

Setting up an LLC for your rental property offers valuable personal liability protection. It's also a good idea to open separate checking and savings accounts under the LLC's name for easier bookkeeping and tax filing. While finding a HYSA and checking account from the same bank with high interest might be challenging, you could consider options like using different institutions or exploring online banks. As you scale your portfolio, managing separate accounts for each property can become cumbersome. Explore alternative strategies like using a single checking account with separate categories or utilizing accounting software. Consulting an accountant would be preferrable.

I can send you some referrals for the Franklinton area. 

 Just sent you a short list of Property Managers. 

Hi Josh, try RL property management.

 I just got called from WODA companies to bid a $500,000 paint job in the center of hilltop. They are developing two ground up apartment complexes as well as renovating a school that was slated to be demolished. It's in the heard of Hilltop. There is development and new construction from the City of Columbus and 20 different groups all over the city. I wouldn't listen to little time agents who have sold 10 deals a year for 5 years. They don't know anything. I'd look at real economic development and what drives migration and property values in an area an decide from there. Here's an article that talks about it and this is just 100 units that are in the 40,000+ apartment units development pipeline of Columbus over the next 3-4 years. Columbus delivers about 6000 apartments or 7000 a year for the entire MSA and we are well under built. Your one house is going to be ok. I was out doing a site visit today and the slabs are poured on this 3 acre site and it'll be very well run. WODA has a very good reputation. Before it was an abandoned school but all of the partnerships and teams together pushed it through. That's what makes Columbus a great place to invest and Hilltop. You will continue to see these types of initiatives. This development will be worth north of $20 million when it's done. The city focuses on large impact projects like this. At the same time they red tag abandoned homes that aren't safe and make the owners tear them down in hilltop. I tore down a house a month ago and it's land ready to be built on. That kind of economic development and impact is what makes Columbus great. 

https://www.wodagroup.com/starling-yard-in-the-franklinton-n...