@Roni Elias @Jonathan Farber @Joel Fine @Frank Geiger @Kristopher Hanks Account Closed Clayton Morris and his legal team are pretty upset that his ridiculous demand of $7.2 Million from Holton-Wise was made public. 

Someone to turn to, for his own experience with court proceedings with tenants, is James Wise, who is part of the Holton-Wise Property Group in Cleveland, Ohio.

Originally posted by Kate Hammershmidt:I should add that I did not just buy a list or two and suddenly had asset managers knocking at my door; I searched some of the names to see if they were speaking or attending conferences, invited some to meet at the 5 Star and REOMAC conferences or just met them at the conferences, and found other ways to differentiate myself from the myriad of agents that must hound them regularly.

@Garlin SmithI am not going to weigh in on any particular market being any better or worse than another as I have a clear bias being the owner of Holton-Wise.However you mentioned Ohio.

Holton-Wise recommends building water and sewer costs into the rental price because evicting for non-payment of a utility that is not in the tenants name is much more difficult than evicting for non-payment of rent.

@Kate HellerContact the Georgia Real Estate Investors Association for a recommendation.Good luck and let me know if you have any questions. 

@Kate B.

@Kate JonesI do my own bookkeeping and tax prep actually. 

Does anyone here have experience with Holton-Wise Property Group?

@Kate Barry I have never done it to purchase 2 properties, but maybe a lender will work with you on that. what you are doing is using the 1st house as collateral. say you have a 200K house, you have 100K in equity, most banks will lend out 70-80% so lets say 70% of the 100K equity, so you would have 70K to use. you find a property for 350K then you go to the bank and say you would like to buy the property but use the 70k in collateral from property 1 as the down payment, they then put a 2nd position lien on property 1 and lend you the full 350k for the new property, so now your mortgage is the full 350k and you have a 70k lien on the 1st property. should you fault on property 2, you will be forced to sell property 1 to cover the debt.