Andrew Fidler
Anyone else having problems with LMHA Section 8 in Toledo???
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.
Nada Mohamed
KBKG Software for Cost Segregation?
19 November 2024 | 6 replies
Also, these were put into business by and before 2022.There are also desktop / modeling study options that aren’t DIY and are still done by engineers
Jerry Shen
Buying RE with Bitcoin
9 December 2024 | 166 replies
Most institutions are opposed to bitcoin since it a) competes with their business model, and b) they haven't figured out how to make money off of it yet.But most importantly, why would any investor accept payment in a currency that has such high fluctuation?
Renay Reese
Open Carry, Concealed carry or no carry while do business
19 November 2024 | 111 replies
There are old style martial arts that are outdated for todays times and then there are progressive martial arts that use techniques for real world self defense.No legal advice given.
Nichole Kinard
What to do with 50 acres of rural land
21 November 2024 | 12 replies
We do have plans to add a 'park style' grill, picnic table, maybe a few fire rings to make for more sites, but still aiming to keep it simple and cheap.
Antonio F.
Duplex owner occupied, how to get Good tenants?
19 November 2024 | 10 replies
In order to avoid wasting time on a bunch of individual showings with unqualified applicants, perhaps consider doing what I do and host “open house” style showing windows.
Carlos Ptriawan
Don't become passive investors
1 December 2024 | 91 replies
The term Diversified Core Equity style typically reflects lower risk investmentstrategies utilizing low leverage and generally represented by equity ownership positions in stable U.S. operating properties.There are currently 25 private funds that are included in the index.So in short, only this froum is tracking private data from an institutional private core-only real estate syndication.They're tracking core-add only and un-levered position.Here is the return of Commerial Private Real Estate core-only unlevered position for 4 quarter : Q1__Q2___Q3____Q4____Annual 2007 3.71% 4.82% 3.68% 1.90% 14.84%2008 1.15% 0.09% -0.85% -11.04% -10.70%2009 -13.89% -9.24% -7.52% -3.70% -30.40%2010 0.51% 4.09% 5.22% 4.70% 15.26%..2022 7.14% 4.54% 0.31% -5.17% 6.55%2023 -3.38% -2.88% -2.10% n/aAnnualized net return from Q4 last year : -15% !!!
Zack Rosenbaum
Insurance on a 4 unit in Columbus Ohio
16 November 2024 | 8 replies
Hey @Zack Rosenbaum,That's high but it also depends on what style of building it is, square footage, whether all units have two means of egress, etc.
Jaidan Lanier
Military VA Loan/Getting Started
20 November 2024 | 15 replies
I also completley share his advice on a bias for action.If you are interested in a good book reference with checklist like models, check out "The Perfect Investment" by Paul Moore and "The Book on Investing in Real Estate with No and Low Money Down" by Brandon Turner, both also available in audio versions.
Madelyn Felix
Remote property access and cameras for self-guided tours?
20 November 2024 | 23 replies
If you're planning on utilizing a self-showing model with cameras you'll need to make sure you disclose to prospective tenants viewing the property that there are cameras on premise.At scale, we've coordinated 160,000+ on-demand/self showings with smart lockboxes over the past 5 almost 6 years with very few issues.