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22 November 2024 | 9 replies
I ended the offer to rent to the tenant on December 1st and didn't receive any communication from LMHA until December 15th when they tried to schedule the inspection...that's 45 days to process a voucher.We had another home pass inspection on November 5th and we hadn't "stopped and waited" for LMHA because it had never been a major issue before so we let the tenant move in...LMHA announced on November 15th that the tenant voucher needed to be re-evaluated by LMHA and that the rent rate needed to be adjusted (The story was the "Administrator A" reviewed and approved it but since they had resigned, now we had to wait for "Administrator B" to do it.
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26 November 2024 | 127 replies
Great to see so many Canadians on here.I’ve been living in the US for a while, so I’m not too familiar with REI up north.Are there any major barriers to a Canadian investing in the US?
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29 November 2024 | 24 replies
Population is growing and the job market is strong (major employers developing like Intel, Amazon, Meta, etc.)
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28 November 2024 | 8 replies
I will say this short term sacrifice can lead to major long term gains.
26 November 2024 | 7 replies
This can be a city or neighborhood.We manage a lot of Class C properties in the City of Detroit, so previous evictions are common.We typically do NOT allow within the last 3 years and we want to see stable employment, income and no other major credit issues since.For Class B rental we're looking for no evictions in last 5 years.Class A, would be at least 7 years.Of course, there are exceptions to all of the above for extenuating circumstances the applicant is willing to provide acceptable documentation for.
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5 December 2024 | 31 replies
It creates a problem when selling the property as no one who wanted to live in the house would buy it, and your buyer pool for this property would be majority investors.
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23 November 2024 | 1 reply
He's not only educated me with over 30 emails where he reviewed my drawings and coached me along, but he also connected me with the departments I needed to get my permits.
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25 November 2024 | 6 replies
I've read a couple of Brandon Turner's books now and have been getting really into the mindset to start this journey.A couple major items I'm initially thinking of is where to start.
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23 November 2024 | 9 replies
I have already discussed with the DA's office and their Anti Corruption Department will be handling it.
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1 December 2024 | 32 replies
Columbus has become a major tech hub in the midwest with large companies like Intel investing $20 billion, Amazon investing $3.5 billion, Google building 2 new data centers: one in downtown Columbus and the other in right outside of U.S. 33 in Lancaster.I recommend working with an investor-friendly agent who focuses on cold-outreach methods like cold-calling, cold-texting, etc to bring you off-market deals.