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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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23 November 2024 | 40 replies
VRBO does not have exclusive rights to your property.
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17 November 2024 | 0 replies
2️⃣ Property Tax Deduction: Claim up to $10K for state & local taxes.3️⃣ Capital Gains Exclusion: Sell your home?
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20 November 2024 | 11 replies
I don’t discount my units.
19 November 2024 | 6 replies
I am a huge fan of DIY cost segs (I have compared with kbkg) feel free to reach out for my friends and family discount code with DIY.
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18 November 2024 | 3 replies
Are you getting a discount on this property?
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19 November 2024 | 4 replies
Essentially, terms were prime +1 interest only for 12 months with only 1 discount point.
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17 November 2024 | 1 reply
Convert the Property to a Primary Residence: If you live in the property for at least two of the five years before selling, you may qualify for the primary residence exclusion, which allows you to exclude up to $250,000 of capital gains ($500,000 for married couples) from taxation.4.
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15 November 2024 | 10 replies
Quote from @Ragan Manning: Hey Nicholas,I am the owner of Manning Your Books and I work exclusively with REI clients.
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1 December 2024 | 68 replies
This does not discount the fact that these notes have gone bad and then turned into equity..