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19 November 2024 | 6 replies
I'm not renting to students!
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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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21 November 2024 | 14 replies
This is even true for student debt.I recommend the old-school, proven technique of paying off all debt.
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21 November 2024 | 39 replies
Of course the gurus selling courses who also own LLC creation companies won't tell their students any of this.
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20 November 2024 | 4 replies
It's part of participation trophy society where people get socially rewarded for just being in the game, but that shouldn't apply to real estate.
25 November 2024 | 14 replies
@Sean NavaCurrently, being a young (19) college student, I am always on the move, never settling in one location for more than a few months.
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21 November 2024 | 11 replies
Before signing up, i asked if I could talk to a FS student to so they referred me to a woman who had good things to say.
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17 November 2024 | 30 replies
Quote from @David Cherkowsky: Material Participation: Material participation is the key factor here.
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18 November 2024 | 3 replies
Hi Everybody,I'm currently a Freshman at the University of Colorado Boulder and I am looking at closing on a house next week. I am planning on living in the house next year and renting out the other rooms (3 bed 2 bat...
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21 November 2024 | 6 replies
And then everyone can make their own judgement with the information presentedThat's what makes our community here so great, the diversity of experiences and opinions, and allowing anyone free access to see and participate in the discourse and make their own opinions!