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8 February 2025 | 11 replies
Hey Christine, I might be biased, but you could look into Cleveland, Oh.Here are a few things to consider against investing there:- Slower appreciation compared to some other markets- Harsh winters, which can lead to higher maintenance costs- Many discounted single and duplex might need repairs or updates, especially if the previous owners haven’t kept up with maintenance over the years- Some local regulations to be aware of (nothing crazy, but worth noting when trying to close deals).But there are also some solid reasons to invest in Cleveland:- Affordable properties in the $100K-$300K range- Strong long term rental market due to a high rent to price ratio- Landlord friendly laws overall- Potential for great cash flow- Opportunities for Section 8 tenants- stable market once you have the right team in placeEvery market has pros and cons so it comes down to your budget, risk tolerance, and finding a reliable crew you can trust.
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12 January 2025 | 8 replies
I don't see a national rent control law ever coming into law - aside from the fact that there's just no need for it, there's way too many things working against it - Congress, constitutional law, lobbyists, etc.
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13 January 2025 | 16 replies
.: @Nathan Gesner Hmmmm....thanks for asking....i thought there was a law change quite a while back, maybe over 10 years ago, which prohibited smaller landlords like me for getting SS#s.
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6 February 2025 | 16 replies
I do my best to stay on top of the renting laws as an agent who works with investors on a daily basis.
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13 January 2025 | 3 replies
Do you want to keep the in-laws' house?
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27 December 2024 | 8 replies
You will also need to check your local laws for any strict laws that may make running an Airbnb hard.
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4 February 2025 | 6 replies
This is how we are supposed to do that here in Florida, per law.
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22 January 2025 | 16 replies
Be careful not to violate any Fair Housing laws during this process.
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31 January 2025 | 11 replies
And finally most states have laws about how many days you have to change your information.
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21 January 2025 | 2 replies
Newton's law of tax: What goes down must come up.Everyone enjoys the sweet benefits of bonus depreciation, but what happens when you sell?