
23 November 2024 | 1 reply
Hi Charles, I think you made the best decision in terms of an exit strategy.

22 November 2024 | 1 reply
What strategies or systems have helped you grow from your first project to a scalable operation while managing risks, timelines, and financing?

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.

19 November 2024 | 28 replies
Multi-family units are particularly good for this, providing consistent rental income and reducing vacancy risks.

21 November 2024 | 4 replies
- Any advice on cost-saving strategies for infrastructure?

25 November 2024 | 19 replies
This will provide consistency and clarity in how you handle your properties.Start by reviewing your current Property Management (PM) agreement.

21 November 2024 | 23 replies
The strategies I’m currently focused on are wholesaling, flipping and rentals.

23 November 2024 | 5 replies
You can also get into more active strategies like STR and rehabs, but the work required to get in this is significant and at that point you might be able to just get a new role with the same pay with the equivalent effort.Is your entire industry in a hiring freeze or just your company laying off?

22 November 2024 | 1 reply
However, not so far away, we had another investor who tried the same strategy and it failed miserably as comps with standalone ADUs were not adding value the same as in the market not so far away.Research your market, even down to the street in various neighborhoods well.

21 November 2024 | 20 replies
The strategy we used at thed beginning with that type of cash was to partner with others to fix and flip using private loans then taking thee profis to buy and hold.