Michael L.
Builders vs. Municipalities?
4 August 2024 | 1 reply
I get that there are regulations by the municipal, but are they so strict that certain builds aren't allowed throughout a whole state?
Ka Vang
Hi! New to Real Estate Investing
6 August 2024 | 38 replies
Madison has pretty strict short term rental rules if you don't live at the property, so mid term furnished rentals is a strategy I have seen done here.
David Lutz
The Myth of Cashflow – and understanding how to reserve properly and model.
15 August 2024 | 86 replies
A bigger uncertainty is that the rent control may become more and and more strict over time creating a very risky business environment.
Matthew Drouin
Using your self directed IRA to buy real estate is stupid!
9 August 2024 | 39 replies
Because most bank financing requires personal guarantees, something strictly prohibited by the IRS in Internal Revenue Code Section 4975, therefore precluding you from using leverage.
Alex Ng
Section 8 investing issues
3 August 2024 | 5 replies
You can generally place a voucher tenant in any property.In order to place a section 8 tenant you will have to pass an initial inspection as well as an annual inspection where they tend to be more strict and have you fix things that you may not have addressed for a market tenant.
Sonia Thornh
Looking to Expand Successful Short-Term Rental Operations in Houston
3 August 2024 | 3 replies
I am proud to have achieved Super host status on Airbnb for the past year and have received hundreds of positive reviews across various platforms and through word of mouth.Key highlights of my rental operation:Vetting Process: I ensure all clients are thoroughly vetted, maintaining a strict no-party policy to protect property integrity and community peace.Strong Relationships: I am respected by the Landlord Management Team, consistently ensuring both the clients and the management are satisfied.Operational Expertise: Leveraging my operational experience from my time in the United States Army, O&G Manager and as a seasoned operator in the Houston bar scene, I run a smooth and efficient rental operation.I am now looking to acquire additional properties in the Houston area to expand my rental portfolio.
Frank Agyeman-Duah
Installing Mini Splits Air Conditioner's
1 August 2024 | 19 replies
He’s providing no parts, so it’s strictly labor.
Kevin Goldman
All Cash or Loan
5 August 2024 | 21 replies
Hi Kevin,I'm a big fan of buying with cash and my thought process is quite contrary to everyone else's.Cash is KingCashflow is QueenLeverage can be a peasant lolOne can retire investing in Toledo with $1m in cash.Off-course, this all depends on how many villages you need to feed 🤓I have too many "villagers" on my back so it's a bit of a different story for me.Sub $100,000 markets like Toledo require volume to work and to be worth the risk if you are looking to buy and hold.Not much growth potential long term so I would consider it a strict cashflow play.Start slow and small and you can always scale up once you learn the market.Or call it quits and exit if you decide it's not for you.IMO, leverage should only be used to scale a portfolio and only after you have immersed yourself enough in a specific market.And only once you have decided that you want to stick around in that specific market and invest in it long term.Over the years, I've witnessed many folks use leverage and attempt BRRRR out of state only to fall short and say "the market sucks and it doesn't work".Nothing works unless you make it work and a market like Toledo can work better than any other market I know from a cashflow perspective.I've been investing since 2014 and flipped hundreds along with currently managing 400 SFH.Only this year have I started buying small multifamily properties.It's an adjustment and a different animal but let's just say it's in the same breed of animal lolImmerse yourself in a specific market and become an "expert" on the numbers in that market.Find off market deals, negotiate hard, buy with cash and buy quickly.You make money when you buy and not when you sell so you must buy cheap.There are many ways to skin a cat mate and this is how I get my fur lolWishing you much success
Isadore Nelson
Plausible deal in Toledo, Ohio?
1 August 2024 | 4 replies
If they are so easy to rent, then why are they vacant.If we look at it strictly on a numbers perspective and we assume everything you said was correct, we'd have $93,600 of stabilized revenue.
Michael Klinger
Need New Eviction Attorney - Cincinnati
1 August 2024 | 6 replies
If your attorney makes a special trip just to do your case and sits and waits while the regular guys get first hearings you will pay through the nose.Dave DonnettMike HaasForest HeisPS: Hamilton County strictly enforces the rule that if the property is in an LLC or the eviction is brought in the name of a management company, a lwyer must appear.