HoltonWiseTV Highlights (44)

Section 8 tenants in California are low quality people. It's a fact. It's not up for debate. You can make a ton of money renting out Section 8 housing in California, but you're going to need to learn how to work with low quality customers. Tune in to HoltonWiseTV to learn more about making money investing in Section 8 properties in the California real estate market and beyond.

Do you understand your tenant base? Do you really know what the tenants you are renting your properties to are like? Many new real estate investors don't. Many new real estate investors make the mistake of thinking everybody is going to act the same. Many new real estate investors think they can treat a tenant who's renting a Miami beach condo from them the same way they can treat a Section 8 tenant in Memphis, Tennessee. This isn't practical. Renting high end real estate is not in the same universe as renting out Section 8 housing. Section 8 tenants have a completely different mindset and way of life than wealthy tenants. If you're going to be a successful investor you need to dig deep and understand who your customer base is. You also need to be honest with yourself on whether or not you can handle a particular type of customer base. Many investors quit the business because they realize they aren't cut out for it. Many investors who buy Section 8 housing in Memphis are shocked by how their tenants behave. Tune in to HoltonWiseTV to learn more about making money investing in Section 8 apartments in Memphis, Tennessee.

Do you care about your tenant's lives? Do you listen to your tenant's problems? Do you think your job as a landlord is to involve yourself in the personal matters of your tenants? It's not. The landlord's relationship with their tenant should be strictly business. Any landlord who gets involved in the personal lives of their tenants is making a huge mistake. If you allow it to happen, Section 8 tenants will pull into their lives and make their problems your problems. Do not allow it to happen. Smart landlords know how to set clear boundaries with their tenants. Tune in to HoltonWiseTV for more tips on dealing with Section 8 tenants and buying Section 8 properties n the best cash flow markets across the USA. At HoltonWise we specialize in investing in Section 8 rental properties. At HoltonWise we have helped countless investors make millions investing in Section 8 housing.

Stupid squatter forgot his tools. Tune in to HoltonWiseTV to watch the full squatter eviction caught on tape.

When you're searching Zillow and you come across a house that's been on the market for more than 200 days, you've struck gold. Whether the property has been on the market for this long because the seller hired a bad Realtor, or because it needs major repairs is irrelevant. What you've got on your hands is a seller who is getting desperate. When sellers get desperate they end up accepting almost any offer that comes their way. If you're trying to buy discounted properties in Los Angeles, don't waste your time sending offers to sellers until they've been on the market for a long time. Tune in to HoltonWiseTV to learn more about making money investing in rental properties in Los Angeles, California.

Just like death and taxes, it's inevitable that your Section 8 tenants are going to get angry. If you want to keep your tenants happy for longer, don't make them live on top of one another. Section 8 tenants aren't very neighborly. The closer they live to one another, the more they are going to fight with one another. The more they fight, the more likely they are to move away and cost you money. The name of the game is keeping them living in your apartments for as long as possible. Renovation costs in California are at an all time high. Smart investors buy properties that are going to keep tenants living in them for longer. Tune in to HoltonWiseTV to learn more about making money investing in Section 8 properties in the California real estate market and beyond.

When you run into a tenant who's lived in an apartment for a really long time it can be tempting to let them stay there without a rental increase. That's not good business. Market rent goes up, just like your costs of running the property are going to go up. Acquisition cost, taxes, insurance, repairs, property management, utilities etc. All of these cost increase over the years and you need to rent to do the same. While you may not want to double the rent of a tenant who has lived in your apartment building for 45 years, you still need to make sure you aren't losing money by allowing her to live in your property for an extremely discounted price. Subscribe to HoltonWiseTV for more property management tips. At HoltonWise we specialize in helping investors make money through real estate investing in the best cash flow markets across the USA.

You don't always need to make a low ball offer to get a good deal in California. Sometimes there are good deals just sitting on the market as-is. Sometimes all it takes is for you to make a strong offer quicker than everyone else. As an example, running across a solid Section 8 rental property with a tenant who isn't trashy. This is a huge win. 99 out of 100 Section 8 tenants in California are going to make your life miserable. If you run across a landlord who's selling his house with a good Section 8 tenant in it, you need to move quickly to take that one down. Tune in to HoltonWiseTV to learn more about making money investing in Section 8 properties in the California real estate market and beyond.

Beware, scammers are trying to steal your money. Investors from Los Angeles, California are often seen as easy targets. The reason why so many scams target home buyers from Los Angeles, California is because nobody buys more out of state housing than investors from California. Many unscrupulous sellers will advantage of the fact that Californian home buyers aren't up to date on the local laws like a local home buyer would be. Before you are the target of an out of state real estate scam, make sure you tune in to HoltonWiseTV to learn how things really work in the various cash flow markets across the USA. At HoltonWise we specialize in teaching investors from California how to invest in Section 8 properties out of state. We will teach you the local laws and practices so you can avoid being the next victim of an out of state real estate scam.

Tenants, toilets and trouble is a never ending saga If you're a landlord in Los Angeles, California. A tenant dying and leaving you with 26 turtles to deal with is par for the course for anyone who dares own Section 8 housing in Los Angeles, California. This wouldn't have happen to you if you would have just invested your money in a Stairway Loan Account that pays you an 8% interest rate. If you are tired of dealing with problem tenants in LA, check out Stairway Invest to learn more about passively earning money through a Stairway Loan Account.

Real estate investors who know how to use other people's money make the most money. Getting other people to loan you money is the name of the gam when you are investing in Los Angeles, California. When you're getting mortgages from banks you are limited to 10 mortgages. After you get 10 mortgages attached to your name, the banks won't loan you any more money unless you start getting commercial loans on more expensive terms. The reason the banks know how many mortgages you have attached to your name is because all of the banks report your mortgages to FICO. To work around this FICO reporting smart investors use seller financed mortgages so they can get way more than 10 mortgages without FICO knowing about it. If you know how to buy properties with seller financing the amount of mortgages you can get is unlimited. Tune in to HoltonWiseTV to learn more about using seller financed mortgages to make money investing in Section 8 properties in Los Angeles, California.

When you come across a house without any photos while you are searching Zillow, that's a good thing. When the only photo the Realtor bothered to upload is a simple front yard shot, it means one of two thing. It could mean you've found yourself a seller who has hired a lazy Agent. Or, it could mean you found yourself a seller who has a bad tenant who isn't cooperating with him while he tries to sell his house. Both of these scenarios are good for you as you are looking to buy properties from sellers who are tired of dealing with bad tenants and/or lazy Realtors. Each one of these scenarios means you've got a good chance at being able to negotiate a discounted price on the property. Tune in to HoltonWiseTV to learn more about making money investing in Section 8 properties in Los Angeles, California.

In Los Angeles you make money when you buy, not when you sell. Getting a low ball offer accepted is the key to making millions in the Los Angeles housing market. If your investment strategy involves getting low ball offers accepted on properties you're going to need to be patient. Find a tired landlord or a desperate seller is very important. It takes time for them to become tired or desperate. Sending out low ball offers on properties the day they hit the market is a waste of time. You need to monitor properties and focus on the ones that aren't selling. The longer you wait, the more desperate the seller becomes, and the more likely they are willing to accept an offer that is lower than what they are asking for. Tune in to HoltonWiseTV to learn more about making money investing in Section 8 properties in Los Angeles, California.