
22 November 2024 | 6 replies
If you want to be nice, don't charge a late fee for the rent as she pays it late over the coming weeks.

23 November 2024 | 38 replies
They'll be nice and say they'll work to get you a deal.

20 November 2024 | 4 replies
People that specifically visit a website (realtor.com, Zillow, etc.) are more likely to be serious shoppers.

26 November 2024 | 31 replies
I'm about to use about that much to buy me a nice little 6 unit.

25 November 2024 | 10 replies
Of course, easier said then done, and evictions and issues/extra expenses pop up, but if you keep the long term vision, it tends to build on itself quite nicely.

22 November 2024 | 15 replies
Looking forward to an awesome journey, and I will be visiting some local meetups for sure.

23 November 2024 | 4 replies
Go to Etsy and search for "rental property tracker," and you will find hundreds of nice spreadsheets to track 10-20 rentals, usually for under $10.Software has extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.

13 November 2024 | 10 replies
When/how does your team decide on doing a physical site visit vs. a virtual site visit?

20 November 2024 | 3 replies
Got in touch on a Thursday, visited the property on Friday and made an offer.

22 November 2024 | 9 replies
I haven't been expanding my business with LMHA since the end of 2016 per my posts above so I don't know exactly what changed, but I expect the outsourcing of inspections to private industry + some executive level leadership + replacement of staff with new faces excited to serve the needs of HUD/Landlords/Those In Need has resulted in an agency I will develop more business with.The HCVP will always be a double edged sword for landlords (See Section 8 Bible discussion) but for now I have discovered it is finally worth the effort to participate in the program.I specialize in Toledo's transition neighborhoods, discounted houses on the edge of nicer areas but also on the edge of trash...the Section 8 program allows me to get long-term tenants who are a good business model provided they are consistently managed and visited/inspected for additional "visitors" (relatives and random dogs/cats) and damage/housekeeping which can destroy a home if left unchecked.You need to know the rules, repair and renovate for long-term durability, prepare for inspections thoroughly and keep a team of contractors who will hold those standards...after 8 years we have been through a hundred inspections.