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2 October 2024 | 22 replies
Unless the laws have changed?
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30 September 2024 | 4 replies
You've probably heard of big Landlords losing property, but only because they were flagrantly violating Fair Housing, running a slum, or otherwise violating the law in an egregious manner.
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30 September 2024 | 25 replies
So the law says if it is NOT homestead, not ag, not minerals, the redemption period is only six months.
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3 October 2024 | 15 replies
Realistic rent calculations, local laws, and tenant management are essential.
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2 October 2024 | 9 replies
You are going to be paying a lot to have someone living in it.While you are living with your in-laws, continue to put aside the money you'd be paying for the mortgage (after the house sells) and save it up.
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1 October 2024 | 24 replies
I have a buddy that's very successful in D Class areas.He drives around all day putting out fires, getting in literal fist fights from time to time, throwing people out of their apartments or changing locks when they leave, constantly breaking the law because they are "civil matters" and he knows the tenants won't come after him, and shaking folks down for late rent.I'm sure folks in A Class areas are doing the same, right?
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1 October 2024 | 10 replies
When you buy a home in Ohio for significantly more than its current assessed value, like $400K compared to the county's assessed $80K, your property taxes will likely increase, as the county will reassess the property based on your purchase price.Regarding your idea to have the seller transfer the property into an LLC and then buy the LLC: this strategy may avoid immediate reassessment, but it depends on local tax laws, and you should consult a real estate attorney to confirm if this is viable in Ohio.
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30 September 2024 | 8 replies
You can contact the law firm who published the info also.Each jurisdiction has it own procedures.
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30 September 2024 | 3 replies
Your tenant (depending on local laws and your lease/willingness) can sublease for the remaining 3 months of their current lease.
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29 September 2024 | 6 replies
Because that's the way wholesalers get around the law.