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27 November 2024 | 16 replies
I sincerely appreciate the thought and effort you are putting in to your responses and I mean no disrepect.
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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.
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19 November 2024 | 5 replies
Don’t waste time working on impossible or near impossible deals just because you have extra time; spend that time in efforts to find doable deals.2.
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19 November 2024 | 9 replies
If there is currently ceramic on the exiting floor, either remove it or scuff it up with a grinder to provide some 'tooth' for the compound to adhere to.These steps take a bit more effort, but the end result will look better and last WAY longer.Good luck!
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20 November 2024 | 2 replies
Here's where you should focus your efforts:1.
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19 November 2024 | 13 replies
Someone tackling that type of development effort can achieve returns without ADU laws.
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20 November 2024 | 37 replies
Ray you can still lend in CA you simply need a RE Broker to run the paper work for you so the state Is happy and they will usually want some sort of fee for their time and risk / effort.
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20 November 2024 | 18 replies
I’ve made a conscious effort in automating and digitizing more of my rental management tasks and can share some of the tools I've been exploring that might be helpful to others.I use Baselane a lot, it is a platform that's really geared towards landlords and real estate investors.
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18 November 2024 | 13 replies
It could also require more time and effort, have more operating costs, and not be worth it.
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23 November 2024 | 26 replies
I'd like to join in the legal efforts.