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16 April 2024 | 14 replies
I think it is more cost effective and has the capability to put entire SOPs online.
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15 April 2024 | 14 replies
If ever there was cause to come together and fight for better enforcement laws, the issue of squatters is it.
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16 April 2024 | 7 replies
I have some unused space that i can extend the bathroom area or add a laundry area, but I have already been put a ton of work (and money) into the main area of the house and don't want to do any upgrades to the ADU that aren't critical in maximizing rental capabilities.
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15 April 2024 | 4 replies
Do a search online, make some calls, choose one, and prepare for the long fight.
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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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15 April 2024 | 9 replies
Baselane's bookkeeping capabilities are great and it's easy to categorize expenses by property.
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15 April 2024 | 26 replies
They are weighing the cost of fighting the "quiet title" issue, what they are going to get at auction, the time frame of getting the property to a sale date and the cost of carrying the HOA fees, the property taxes and the homeowners insurance during that time frame.
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15 April 2024 | 8 replies
If you want them to handle applications and contracts also, check out their capabilities and what you as a landlord will need should there every be a problem and a day in court.
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15 April 2024 | 12 replies
We find that a lot of new investors are definitely capable of obtaining both of those documents, but oftentimes they need help in deciphering what they actually mean and what needs to actually be done about it.
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14 April 2024 | 3 replies
In the event you end up in landlord tenant court without an active rental license it equates to showing up to a fight with a pocket knife when your tenant has a bazooka.