This Is HoltonWiseTV is video series consisting of short clips and/or highlights of the things we do & talk about here on HoltonWiseTV. Subscribe to HoltonWiseTV for more of our full length content about real estate investing.
As investors we would all like our rental properties to make more money. However, an investor can can only raise the rent so much. At some point in order for a landlord to make more money with their rental properties they are going to need to reduce their operating expenses. One quick and easy way to cut operating cost is to limit the tenant's access to common areas that are not necessary.
Some real estate investors avoid Section 8 Investing because they've heard that tenants on Section 8 are more difficult than cash paying tenants. In reality, it's actually the neighborhood and type of property that determines the type of tenant base an investor is going to attract. The income level of the entire neighborhood is much more important than whether or not a tenant is on Section 8 or not. In fact, if an investor is investing in rental properties located in low income neighborhoods the tenants who are on Section 8 are generally less risky than tenants who pay cash.
When something is broken your property you need to fix it right? Most of the time yes, but sometimes it doesn't make sense from a return on investment standpoint to fix everything that is broken or damaged in a rental property. Sometimes removal of the problem item is actually the better option. This is especially true when dealing you are dealing with old garages at your rental properties.
You may be wondering if the rental property you are thinking about buying is a good investment or not. To figure this out you'll need to answer some questions. What is the return on investment? What is the cash on cash return? What is the cap rate? Some expenses on a rental property are consistent such as property insurance and taxes but what about the rental property expenses that you can't predict such as repairs, maintenance, utilities, vacancy and non payment of rent? How do you calculate expenses when they are constantly changing? It's all very confusing. The good news is that calculating the numbers on a rental property's fixed and variable expenses isn't as difficult as you may think. This video will show you a fast and easy formula to use to break down the numbers on a rental property. You can use this easy and fast formula for a quick estimate on most any rental property you’re looking at purchasing.
Theft is one of the many things that can cost Real Estate Investors money. In many neighborhoods across the United States thieves target the copper plumbing lines in vacant homes as the copper can be scrapped for money. Replacing all of the copper plumbing lines in rental properties with PEX plumbing lines is something many experienced property managers use to deter theft, vandalism and increase profitability.
One of the worst kept secrets in the Real Estate Industry is the fact that Realtors exaggerate the positive features of the properties that they are hired to market and sell. This practice is so common it's even been given an official term called puffing. The term “puffing” refers to “extravagant claims made by sellers in order to attract buyers.” It is the exaggeration of the good points of a product, a business, real property, and the prospects for future rise in value, profits and growth. When you are investing in Real Estate it's very important that you quickly identify when a Realtor is puffing so that you can objectively look at the facts as part of your normal due diligence.
Investing in real estate is all about making a profit. A great way to make a profit in real estate is to buy low and sell high. Sounds easy right? Thing is, in real life it's not always as easy as it sounds in the books or guru courses. Learning how and when to negotiate with sellers is key to buying properties at a discount. Find out if and when you should make low ball offers on houses in order to buy them under fair market value.
A very profitable real estate investing strategy is to buy rental properties from tired landlords. Tired or even distressed landlords are often ready to sell their investment properties because they are sick of dealing with tenants, toilets and trouble. What do you do when the rental property you bought has inherited tenants who are less than ideal? Perhaps these tenants are paying below market value rents? Maybe these tenants are dirty, messy or even savage? Does it make sense for the new owner of the property to evict these inherited tenants immediately? Does it makes sense for the new owner to raise these inherited tenant's rent? Or is it more profitable to let these inherited tenants stay in the property and continue paying their rent even if the rent is lower than market value?
Understanding how to do proper due diligence on a property before buying it is a very important skill every real estate investor needs to master. Google Maps is great tool that any real estate investor can use (for free) to begin the due diligence process from the comfort of their own home.
If you think the first step to buying a rental property is taking a tour of it with your real estate agent, think again. When you are contacting real estate agents and/or sellers looking to buy your first investment property you may run into some confusion if you assume that the buying process will be similar to how it was when you bought your primary residence. The process of selling tenant occupied rental properties is a whole different ballgame. Many sellers do not allow buyer showings on any of their tenant occupied properties. Why won't sellers let buyers tour tenant occupied properties? What are they trying to hide?
Ever dealt with a Bad Tenant? Property Management is a tough business. The worst tenants act like complete savages. Evictions, Bed Bugs, Trashed Rental Houses, Drugs, Theft, Breaking & Entering, Ghetto Properties, Domestic Disputes, Police Intervention, Nasty Toilets, Human Poop, Hoarders, Destruction of Property, Deadbeat Tenants, Stressed out Landlords, Slumlords, Squatters and more. We've got it all....ON CAMERA.
If you are investing in Cleveland real estate, sooner or later you are going to run into municipalities that have Point of Sale (POS) Violation requirements. The Cleveland, Ohio real estate market has very specific rules and regulations in regards to these Point of Sale (POS) Violations which effects how Cleveland properties are bought and sold. Knowing how to navigate these Cleveland Point of Sale (POS) Violation requirements is very important information for all turnkey investors buying Cleveland housing.
Attention first time home buyers, investing in Real Estate can be tricky. Hidden problems that can cost home buyers a ton of money can be behind wall or ceilings. If you are looking at buying a house or apartment building there are some major red flags you need to look out for. If you come across a Drop Ceiling this could mean the seller is trying to hide some major problems in the building.
Episode 2 of The Landlords From Hell Show is about the many stories circulating the news cycle alleging that former Fox News Anchor Clayton Morris and his company Morris Invest worked with Bert Whalen and his company Oceanpointe Investments to defraud investors in what has been called a real estate Ponzi scheme. In addition to providing insight into the media coverage James Wise speaks with alleged victims of Clayton Morris, Clayton Morris himself and other industry professionals including Jay Hinrichs, Meet Kevin, Indianapolis Property Managers and much more.
Some home renovations have a bigger bang for their buck than others. If you are trying to get some forced appreciation and change the appraised value of a property you recently bough, you'll need to go balls to the wall doing the right renovations.
When buying real estate not all comps are created equal. Comparing the value of active comps vs those of sold comps is key to any successful real estate investor's business.
When buying rental properties a lot of first time home buyer know that they need to due diligence inside of the four walls by getting a home inspection. What about real estate due diligence outside of the rental property? Sure the house can be built well, but will it be a good rental property? Will it be a good real estate investment? Will buying the house make you money?
Cleveland is a hot real estate market. HoltonWise is the number one turnkey provider in the Cleveland housing market. When you are buying a property in Cleveland, Ohio from HoltonWise there is a very good chance you'll be in a bidding war with other real estate investors.
Cleveland real estate investor James Wise from Holton-Wise gives an update on a Cleveland rental property renovation that Holton-Wise performed for an out of state investor. Cleveland home renovations like this are key to keeping tenant turnover low, which will in turn increase a real estate investor's return on investment on their Cleveland rental property portfolio. Reach out to HoltonWise if you'd like to start making money investing in Cleveland real estate properties like this one.
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Making money in the Cleveland real estate market is a great opportunity for real estate investors. In this video Cleveland house flippers James Wise and John Holton are taking viewers on a tour of Cleveland area house flip that's estimated to make an $80,000 profit. If you are interested in flipping houses in the Cleveland housing market reach out to HoltonWise today.
Cleveland house flipping experts James Wise and John Holton are taking viewers on a tour of Cleveland area house flip that's estimated to make an $80,000 profit. If you are interested in learning how to make money flipping houses in the Cleveland housing market reach out to HoltonWise today. HoltonWiseTV is Cleveland house flipping made easy.
Cleveland house flipping pros James Wise and John Holton are taking viewers on a tour of Cleveland area house flip that's estimated to make an $80,000 profit. If you are new Cleveland house flipper who is interested in learning how to make money flipping houses in the Cleveland real estate market reach out to HoltonWise today. HoltonWiseTV is Cleveland, Ohio house flipping made easy.
Real estate investing in Cleveland, Ohio ain't always sunshine and rainbows. Sometimes you run into some messed up situations. Like the two times Cleveland real estate investor James Wise saw penises while working.
If you are interested in investing in the Cleveland real estate market for cash flow you have probably been looking at a lot of single family homes and duplexes throughout the Cleveland market. Many real estate investors are attracted to single family homes and duplexes because of their low cost of ownership and high rental amounts. In addition, there is a massive inventory of these kinds of rental properties in the Cleveland area. However, there are other types of investments that can be made in the Cleveland Ohio real estate market. In this video Cleveland Real Estate Investor & Property Manager James Wise explains the best ways to navigate the intricacies involved in investing in condos in the Cleveland real estate market. Things gone over in the video include working with the HOA, how to control the HOA, the Cleveland Ohio real estate market and much more. If you are interested in buying condos in the Cleveland area as a long term buy and hold real estate investment HoltonWiseTV is for you.
In this video Holton-Wise CEO James Wise from stops by the home inspection of an investment property in Garfield Heights, Ohio that he is selling to one of his investor clients. If you ever wondered what happens during the home inspection process this video is for you as the home inspector Tom Staab breaks down exactly what it is that he is looking for when inspecting a home for a client.
Congratulations to the HoltonWise 2017 employee of the year Valerie Chambers. Valerie Chambers is a lifelong resident of the Greater Cleveland, Ohio area. She holds a Bachelor of Science with a minor in Psychology from Cleveland State University. She currently resides in Parma, Ohio with her two children & their dog Spike. Valerie has a true passion for helping people, as such she brings a compassionate touch to the industry & is known as the "office mom."
There are several ways to make money investing in real estate. One of those ways is buy and hold rental properties. A great way to make more money with your long term buy and hold investments is to keep your turnover costs down. Turnovers are the biggest return killers. During this video Valerie Chambers and James Wise from HoltonWise are providing real estate investors with some tips on keeping tenant turnover low. Tune in to HoltonWiseTV for more property management tips and advice. HoltonWiseTV is real estate investing made easy.
Cleveland power Broker, landlord & rental property investor James Wise from HoltonWise provides some insight into how new & experienced Realtors can grow their businesses by getting more listings. If you don't carry at least 40 listings at a time you need to WATCH THIS VIDEO!
Professional Real Estate Broker, Landlord & Investor James Wise from Holton-Wise gives an in depth explanation of the 5 most important reasons someone should buy rental property.
1. Other People's Money (OPM)
2. Real Estate Appreciates
3. Cash Flow
4. Tax Benefits
5. Real Estate is Real ( & controllable)
You do not have to struggle to make a rent payment or come out of pocket for your mortgage payment every month. This is exactly how you can live for free (or close to it) by making a series of correct housing choices throughout the course of your life. If you do it right, you can live in amazing neighborhoods for a fraction of what you think it will cost you.
Cleveland Real Estate Broker/Investor & Property Manager James Wise discusses his opinion on good press as well as bad press & the effect both kinds of press can have on your real estate business.
Valerie Chambers is a lifelong resident of the Greater Cleveland, Ohio area. She holds a Bachelor of Science with a minor in Psychology from Cleveland State University. She currently resides in Parma, Ohio with her two & their dog Spike. Valerie has a true passion for helping people, as such she brings a compassionate touch to the industry & is known as the "office mom."
Yo hablo español. Nick Varner specializes in Cleveland rehabs and Cleveland investment properties. With over seven years of growing his own investment property portfolio under his belt Nick Vaner decided to join the HoltonWise team so he could start assisting real estate investors from all over the world achieve financial freedom. Nick Varner holds a B.S. degree in Scientific and Technical Communication from the University of Minnesota, speaks Portuguese and Spanish fluently, and has invested in multiple markets across the United States. Previous to joining HoltonWise, Nick worked for The New York Times in its Business Intelligence team. Nick Varner is a member of the National Association of Realtors and the Akron Cleveland Association of Realtors.
Cleveland Realtor James Wise discusses how you can sell your home for the most money possible. If you are looking to make money in the Cleveland housing market you are going to want to tune in to HoltonWiseTV for all things Cleveland real estate.
Cleveland real estate Investor & landlord James Wise of HoltonWise explains what investors need to do when they have to deal with the inevitable bad situations that happen when you are running a rental property portfolio in the Cleveland real estate market.
Believe it or not, making $1 million dollars in Cleveland real estate is not as hard as you think. In this video Cleveland landlord and property manager James Wise explains how you can turn less than $3,500 into a $1 million Real Estate Portfolio in 10 years.
Attention Cleveland real estate investors. We are talking about buying condos in Cleveland for long term buy and hold cash flow in today's video. If you are interested in investing in the Cleveland real estate market for cash flow you have probably been looking at a lot of single family homes and duplexes throughout the Cleveland market. Many real estate investors are attracted to these single family homes and duplexes because of their low cost of ownership and high rental amounts. In addition, there is a massive inventory of these kinds of rental properties in the Cleveland area. However, there are other types of investments that can be made in the Cleveland Ohio real estate market like condos. Condos in Cleveland are usually even cheaper than single family homes in Cleveland. If you have interest in becoming a landlord in Cleveland condo investment might be a Cleveland real estate investment strategy you want to look at. HoltonWiseTV is Cleveland real estate investing made easy.
Valerie Chambers & a few other Holton-Wise team members spend the day at the 2017 Parma Early Childhood PTA Touch A Truck Event hosted by PECPTA President Chelsey Kovar.
James Wise is a Cleveland Realtor who has sold over $200 Million dollars worth of real estate. Today he is showing new Realtors a simple and easy way to grow their real estate business.
Attention Cleveland real estate investors if you'd like to learn how to make money buying Condos in the Cleveland market you have come to the right place. Today on HoltonWiseTV we are talking about buying condos in Cleveland for long term buy and hold cash flow. Many Cleveland area investors pass up on Condos because they are too focused on Cleveland's multifamily inventory. However Condos in Cleveland can be one of the cheapest and most profitable rental property investments you can make. If you have any interest in become a Cleveland Condo owning landlord HoltonWiseTV is for you. HoltonWiseTV is Cleveland real estate investing made easy.
Parma, Ohio is one of the largest suburbs in the Cleveland real estate market. In this video the HoltonWise team brings you the events of the annual 4th of July Parade in Parma from 2017. The 2017 Parma, Ohio Independence Day Parade was a great event that brought many Parma residents and Parma business owners out for an afternoon of community festivities including the extremely popular HoltonWise T-Shirt cannon.
Parma, Ohio is one of the largest suburbs in the Cleveland real estate market. In this video the HoltonWise team brings you the events of the annual 4th of July Parade in Parma from 2017. The 2017 Parma, Ohio Independence Day Parade was a great event that brought many Parma residents and Parma business owners out for an afternoon of community festivities.
Professional Landlord & Property Manager James Wise discusses 10 obvious & not so obvious Red Flags Real Estate Investors need to watch out for when they are screening their tenants.
Esse video explica a gente que fala Portuguese porque investir em Cleveland Ohio pode ajudar ganhar pra investidores. Esse video destaca estratégias como investir em propriedade pra ganhar dinheiro cada mês de uma casa ou prédios dos apartamentos. Esse video mostra um exemplo da uma casa que vai ganhar dinheiro. Finalmente Nicholas Varner faz um resumen sobre o mercado de Cleveland, Ohio e onde e boa investir e onde não e boa investir. Clique aqui para subscrever a nossa lista de discussão If you want to learn how to buy rental property in the usa from Brazil or you are already a Brazilian investing in US real estate this video is for you. Nick from HoltonWise explains to foreign buyers in Brazil the steps needed to buy investment properties in the United States. Este filme explica pelos estrangeiros os pasos para comprar imoveis aqui nos Estados Unidos (EUA). At HoltonWise we show Brazilian rental property owners how to buy US real estate from Brazil using HoltonWise's full set of turnkey real estate investment services geared towards Brazilian investors like you. This video is a beginner's guide to how to invest in US real estate for Brazilian real estate investors looking for cash flow for a low price. After you have learned how to buy American real estate from Brazil HoltonWise will be your boots on the ground team in the United States if you are investing in the Cleveland real estate market. HoltonWise is the number one turnkey real estate investing company of it's type in the Cleveland, Ohio real estate market. HoltonWise can help Brazilian investors with full service property management, tenant screening, tenant leasing, rental property insurance and much more. If you are looking to learn how to buy American real estate as a Brazilian investing in Cleveland rental properties HoltonWise is your entire Core 4 boots on the ground team all rolled into one easy top to bottom done for you real estate investment team in the Cleveland, Ohio real estate market.
If you are a Brazilian investing in US real estate this video is for you. Nick from HoltonWise explains to foreign buyers in Brazil the steps needed to buy investment properties in the United States. Este filme explica pelos estrangeiros os pasos para comprar imoveis aqui nos Estados Unidos (EUA). At HoltonWise we show Brazilian rental property owners how to buy US real estate from Brazil using HoltonWise's full set of turnkey real estate investment services geared towards Brazilian investors like you. This video is a beginner's guide to how to invest in US real estate for Brazilian real estate investors looking for cash flow for a low price. After you have learned how to buy American real estate from Brazil HoltonWise will be your boots on the ground team in the United States if you are investing in the Cleveland real estate market. HoltonWise is the number one turnkey real estate investing company of it's type in the Cleveland, Ohio real estate market. HoltonWise can help Brazilian investors with full service property management, tenant screening, tenant leasing, rental property insurance and much more. If you are looking to learn how to buy American real estate as a Brazilian investing in Cleveland rental properties HoltonWise is your entire Core 4 boots on the ground team all rolled into one easy top to bottom done for you real estate investment team in the Cleveland, Ohio real estate market.
Congratulations on your Holton-Wise promotion Katie!!!
The HoltonWiseTV team interviews a Loan Officer who focuses on non owner occupied investor loans for out of state investors looking to buy properties in turnkey markets like Cleveland, Ohio.
Today the HoltonWise team is talking about real estate financing in Cleveland and beyond. We are discussing FHA loans for properties in and around Cleveland, Ohio as well as elsewhere. FHA loans are different than rental property loans for non owner occupied investment property buyers. Watch as HoltonWise sits down to discuss FHA financing as well as other important real estate investment financing related tops with MB Financial Bank Loan Officer Jerry Padilla. If you are thinking about buying a home in the Cleveland real estate market HoltonWiseTV is for you.
Holton-Wise Property Group Real Estate Agent Nicholas Varner interviews Mb Financial Bank Loan officer Jerry Padilla about the VA Loan program and how U.S. Veterans can buy a home with no money down.
James Wise is one of the most prolific real estate content contributors on the real estate investing website BiggerPockets. James Wise quickly discusses the benefits of joining the BiggerPockets community and why BiggerPockets members would be well served to contribute to the BiggerPockets forums. In part, though his involvement on BiggerPockets James Wise has grown his real estate investing business to a worldwide real estate investment and property management firm and he believes you can do the same if you contribute to the BiggerPockets community with quality content about your real estate investing business.
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