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All Forum Posts by: Richelle T.

Richelle T. has started 8 posts and replied 318 times.

Post: Water Sewer Trash MUST be in owner name?!

Richelle T.Posted
  • Rental Property Investor
  • Columbus, OH
  • Posts 340
  • Votes 111
Can you have the property submeyered? It in effect is the same as the coupon idea but since a third party is issuing the bill you don't have any legal concern

Post: Any buying Tax Liens in Columbus Ohio?

Richelle T.Posted
  • Rental Property Investor
  • Columbus, OH
  • Posts 340
  • Votes 111
Steve Baldwin liens may not be the best to mark up as they are resold for pennies on the dollar. A lien only makes sense if it's performing and priced less than 20% I think. Maybe chat with one of the tax lien guys. I do know that the less it's performing the lower the price. If you do decide to sell some let me know :-)

Post: Columbus, OH Newbie!

Richelle T.Posted
  • Rental Property Investor
  • Columbus, OH
  • Posts 340
  • Votes 111
Marjorie Jean-Baptiste as you can see the columbus area is full of active investors of all kinds. Welcome to the club :-) don't hesitate to reach out. Look forward to seeing you at COREE tomorrow! The topic should be a good one.

Post: Macros to make ARV analysis more efficient!

Richelle T.Posted
  • Rental Property Investor
  • Columbus, OH
  • Posts 340
  • Votes 111

@Account Closed 

A for loop is a loop that sets a premise that for all cases where x is true, y will be executed. It sounds like you have your macro written to iterate 4 times (discrete) instead of for all cases where a condition is true. This is basic programming that you can google. Again, I have only done a small amount of proper programming, not in excel. So I am not sure if excel is robust enough for what you want. I would look into SQL if I were you. 

Post: Macros to make ARV analysis more efficient!

Richelle T.Posted
  • Rental Property Investor
  • Columbus, OH
  • Posts 340
  • Votes 111

hi George 

It sounds like you need to use a for loop as opposed to a discrete entry to have the program find x number of entries/properties. I'm not sure if excel will allow you to do this. I've only done minor excel programming. I have heard of people hiring a programmer to write SQL code for this sort of thing. Good luck

Post: fha 4 plex

Richelle T.Posted
  • Rental Property Investor
  • Columbus, OH
  • Posts 340
  • Votes 111

@Bradley Bogdan 

and @Margo Roberts 

Thanks so much for the information! Bradley I'll PM you.

Post: fha 4 plex

Richelle T.Posted
  • Rental Property Investor
  • Columbus, OH
  • Posts 340
  • Votes 111

@Margo Roberts 

Are you allowed to target/ask for veterans specifically on section 8? I thought they had their own housing service/coordinating agency

Post: New to Board- Semi new investor with questions

Richelle T.Posted
  • Rental Property Investor
  • Columbus, OH
  • Posts 340
  • Votes 111

@Brad Clarizio 

I have called a few local banks and portfolio loans are hard to find but not impossible. I forget the name of the bank I found that had favorable terms since I decided not the finance that deal... Try banks out in the suburbs like Pataskala, Newark, etc. Keep us posted on any good ones!

Post: Special Needs Housing?

Richelle T.Posted
  • Rental Property Investor
  • Columbus, OH
  • Posts 340
  • Votes 111

@Al Williamson 

That's excellent news!! I can't wait to read about it on your blog. I'm leaning towards looking for an institutional tenant but we have to diversify. Congrats!

Post: Additional Streams of Income

Richelle T.Posted
  • Rental Property Investor
  • Columbus, OH
  • Posts 340
  • Votes 111

@Denayer Burns 

I tend to agree with Marcus on this one. That being said, I do rent my tenants a washer and dryer for an additional $20/mo. You could offer all sorts of things from laundry to yard care, monthly housekeeping, WiFi, cable, full service laundry, dinner delivery, anything! It's just a matter of how much extra work you would be creating for yourself and the socioeconomic status of the tenant to have that much disposable income.