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All Forum Posts by: Michelle Shriver

Michelle Shriver has started 4 posts and replied 55 times.

Post: Property manager in youngstown, oh

Michelle Shriver
Pro Member
Posted
  • Rental Property Investor
  • York Haven, PA
  • Posts 49
  • Votes 39

@Craig Montesano

Hi Craig, did you ever end up utilizing a property manager in the Youngstown area?

Post: Youngstown Ohio Property manager

Michelle Shriver
Pro Member
Posted
  • Rental Property Investor
  • York Haven, PA
  • Posts 49
  • Votes 39

@Vlad K.  I called Frank at Lakeside and left a message about managing my SFRs and never got a call back.  Are they still doing property managemant?

Post: My First Deal = 6 Doors!

Michelle Shriver
Pro Member
Posted
  • Rental Property Investor
  • York Haven, PA
  • Posts 49
  • Votes 39

@Josh R.  Congrats to you and Marcie, what an inspiring story!

@Lynette Brumfield There is a New Orleans REIA that meets right outside the city in Metairie. NOREIA. https://www.neworleansreia.com/

There is a new meeting that started for the Northshore.......Slidell, Mandeville, etc.  https://www.lanorthshorereia.com/about-us.html

Post: Kitchen Help: This cabinets did not turn out as expected!

Michelle Shriver
Pro Member
Posted
  • Rental Property Investor
  • York Haven, PA
  • Posts 49
  • Votes 39

If you could put a little curved shelf to the left of the cabinet above the stove on which one could put cookbooks or something decorative it would be an inexpensive way to make that area look more finished.  The underside of the shelf would be even with the underside of the cabinet.

What about a charcoal filter range hood?  It would fill up the space above the stove.  Also, continue the tiles down the left of the stove to the baseboard.

Agree with painting, dark blue or gray and adding hardware.

Looks good, you're almost there.  Good luck!

Post: FROM ZERO to 7 UNITS in 2018!

Michelle Shriver
Pro Member
Posted
  • Rental Property Investor
  • York Haven, PA
  • Posts 49
  • Votes 39

Congrats!  Are you using a property manager?

Post: Do you refinance or do a HELOC on your rentals?

Michelle Shriver
Pro Member
Posted
  • Rental Property Investor
  • York Haven, PA
  • Posts 49
  • Votes 39

Great thread.  How does one join PenFed?

Post: Section 8 tenant vs normal paying tenant in a recession

Michelle Shriver
Pro Member
Posted
  • Rental Property Investor
  • York Haven, PA
  • Posts 49
  • Votes 39

@Terry Lao.  That was the case for New Orleans, but they also had some stipulation that you could not start marketing your property during that time.  A difficult thing to monitor, especially in a place like New Orleans.  However, they have recently changed to pro-rating the rent.  I have not yet experienced that, my guess is that they subtract it from their next payment to you. 

Perhaps other Housing Authorities will adopt something similar. 

I also heard, and hopefully someone will weigh in on this, that in Baltimore they increased the quantity of vouchers without additional funding.  Anyone know if that's true?

Post: Govmit shutdown affecting your section 8 payments ???

Michelle Shriver
Pro Member
Posted
  • Rental Property Investor
  • York Haven, PA
  • Posts 49
  • Votes 39

@Phil DuChamp. Section 8 is a federally funded program administered locally by municipalities who must follow HUD guidelines in order to participate and receive funds.

Post: Govmit shutdown affecting your section 8 payments ???

Michelle Shriver
Pro Member
Posted
  • Rental Property Investor
  • York Haven, PA
  • Posts 49
  • Votes 39

My NOLA Section 8's were also late, January 4.  I won't evict if February's payments don't come in time, it's not their fault.  Eventually I'll get paid.  My contracts just renewed at the end of the year, though I'm not sure that will matter in the event of a prolonged shutdown.  

My tenants just need to keep up with their portion of the rent.  

Post: Investing in Uptown New Orleans (70118)

Michelle Shriver
Pro Member
Posted
  • Rental Property Investor
  • York Haven, PA
  • Posts 49
  • Votes 39

Are you talking about Holly Grove?   If so, I see it as an area that will improve in desirability, growth and value.  I don’t know that it will be a “hot” area.  

This is based on a few years experience exploring the NOLA market and several years living there part time.   I also have friends who have invested there since 2 or 3 years back. Perhaps someone with greater knowledge will chime in.