HoltonWiseTV Highlights (67)

Philadelphia’s eviction crisis gets talked about like it’s some impossible problem to solve, but there’s one part of the equation nobody wants to say out loud: rent has to get paid. Landlords have mortgages, taxes, insurance, repairs, utilities, and employees to pay too. If the rent stops coming in, eventually the eviction process starts. That’s not politics—it’s how the rental business works.

Real estate marketing isn’t always pretty. Sometimes you send a homeowner a simple letter asking if they’d consider selling—and you get a response like this. If you’re going to wholesale houses, invest off-market, or prospect for deals, you need thick skin because not every seller is going to politely say no.

This Cleveland BRRRR deal shows exactly why investors love the strategy. Buy at $85,000, put roughly $95,000 into the renovation, and you’re all in around $180,000 on a property projected to be worth about $230,000 after repairs. Refinance at 75% of the ARV and you could pull out roughly $172,500, leaving only about $7,500 of your original cash in a rental bringing in around $2,200 per month. And when you’re renovating older Cleveland rentals, lead-safe compliance matters too—Pb Free Ohio can help investors navigate Ohio’s lead requirements and keep their properties compliant.