By: Jim Michaels COLUMBUS, Ohio (News Talk 1480 WHBC) – They are being called “institutional” landlords. Out-of-state corporate entities that buy a large number of homes in one fell swoop, many times not living up to their landlord-tenant agreements or even providing basic services. It has inspired bipartisan Senate Bill 76 in Columbus. The bill takes corporations owning 50 or more homes in a...
By: Jeffery S. Watson Dear Anna, In emails to you this week, I’ve shared the opportunity for you to be one of the first people to take action and get a series of videos titled “Taxation and Structuring Sub2 & Wraps” that John Hyre and I did regarding subject-to transactions and wraps. One of the first action takers wrote me shortly after he...
by David Pickron A landlord looking for a tenant loves to see multiple people interested in their property. It's critical to follow this one rule when you have an application come in for your vacant property. Rent Perfect President David Pickron explains what to do to keep out of trouble when you start accepting applications. The Rent Perfect system helps investors become...
Your weekly news & updates Here is this week's "Weekly Roundup" from Real Estate Investing Today, the news & views site from the National Real Estate Investors Association. Visit our Website Black Knight Says 8% of Mortgaged Homes Purchased in ’22 are Underwater According to Black Knight’s latest Mortgage Monitor, 8% of all homes purchased with a mortgage in 2022 are now at least...
Landlords have always had the ability to woo business travelers to their rentals. But now that online travel agencies such as Airbnb, HomeAway, and TripAdvisor have gone mainstream, it’s easier than ever! Let’s define a corporate rental as a dwelling that’s lease directly to a company or a business traveler who has a housing allowance. If a company is paying for the...
Your weekly news & updates Here is this week's "Weekly Roundup" from Real Estate Investing Today, the news & views site from the National Real Estate Investors Association. Visit our Website Despite Pleas from Landlords, Los Angeles Extends Ban on Evictions Los Angeles’ Channel 7 (KABC) is reporting that, despite pleas from frustrated landlords, the LA City Council voted 11-1 in late July to...
By Pete Youngs Beginners and seasoned investors alike are prone to making mistakes. Most mistakes can be easily avoided by just listening to people talking at your local REIA group or in meet up sessions. Some mistakes are minor and have little impact on the end result of selling or renting your property while others can become nightmares. This will not be...
Bank statements [WI] Once I settle on a candidate to rent one of my properties, I require 3 months of bank statements. I've found it to be one of the best predictors of successfully paying rent. Do any of you do this and what are your thoughts. Bank statements [MI] My ideal tenants are two adults in their mid 20s to...
A landlord shares something he neglected to do when he first started out, which he encourages all landlords to do: "One thing I neglected to do during my early investing years was figure out what my time was worth. I started this game like many small time ma and pa investors: I did everything except stuff I wasn't licensed to do...
By Brad Beckett There is a lot of misinformation out there about landlords and profit margins from their investments. Today’s infographic from the National Apartment Association rightly calls supposedly large profit margins a “misconception” which is why they chose to explain where $1 of rent really goes. Indeed……Stay safe & have a Happy Friday!!