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23 April 2024 | 30 replies
Anyway I dont have a dog in the cash flow hunt.
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18 April 2024 | 4 replies
I have a tenant that wants to install a fence in the backyard of my property for their dog.
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21 April 2024 | 240 replies
G'Day everyone,Today I'd like to talk about a few misconceptions that I see in the market.I've been reading about many investors believing that they are getting a better/safer deal if they are using leverage.They believe this because of the fact that most lenders require an appraisal and a building inspection.So let me explain a few things and burst your bubble lolMany operations like Ohio Cashflow's will usually have a monopoly in the region that they operate in.They tend to be the biggest buyer in town so over time they establish relationships with city inspectors, judges, lenders and "Yes" building inspectors and appraisers.Many will enforce you to go through their "trusted lender".This might be to make the process smoother but it can also be to influence the end result.After 10 years in the business and 1,000+ deals under my belt, trust me when I say that it's not that hard to influence a building inspector or appraiser to "Bat" in your favor.Also, just think about the thousands of comparable sales sold by the same company that can now be used as a comp when conducting an appraisal on the target property.I don't really have a dog in the fight because we loose 90% of business due to our stubborn "No financing" policy.But I just want to point out some things to folks that might not know/understand how the wonderful world of real estate works.We sure do loose a lot of business because of our ways, but to be honest I'm proud of it as our boutique approach has enabled us to have one of the best reputations in the business.Recently a few folks have mentioned that Ohio Cashflow does not allowing building inspections or appraisals.This is not true.Every investor can freely conduct both.We just state that we won't fix all of items that the building reports shows.Why?
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18 April 2024 | 10 replies
A few words of caution: - Be careful not to let the "tax tail" wag the dog.
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17 April 2024 | 16 replies
If the dog is doing well, leave it alone.I will recommend you change your practice.
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16 April 2024 | 9 replies
Once this kind of group hind a dog to a pet-free property.
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16 April 2024 | 0 replies
The property was named and designed to market to people with dogs.
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17 April 2024 | 17 replies
I quickly observed the tenant had a dog, a roommate, and an Olympic weight set - none of which was allowed per the lease.
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18 April 2024 | 87 replies
Relationships with other investors and/or bird-dogs (ie deal finders) 5.