Thanks to inflation, the rental rates in Garfield Heights, Ohio have exploded over the last few years. Tune in to HoltonWiseTV to learn how to cash in on the record rental rate increases in Garfield Heights, Ohio.
As a man who came to America to invest in the US housing market and ultimately start his two incredibly successful real estate investment firms, Ohio Cashflow and OzRealty, Engelo Rumora is very pleased that Trump won the 2024 presidential election. Engelo Rumora loves that Trump will be implementing an America first policy. Engelo Rumora believes the world works the best when America is the top superpower that everyone else should bend over for. Tune in to HoltonWiseTV to get to know more about Engelo Rumora as he regularly shares his thoughts on business, life, politics, the real estate market, real estate investing and much more.
So, you wanna buy Section 8 rental properties? Tune in to HoltonWiseTV to see what that Section 8 life is all about.
What should you do when you buy a property with inherited tenants who are paying way less than market rent? You can raise their rent up to market rate, but that may cause them to move out which means you'll have to spend a lot of money doing a unit turnover rehab. You can leave their rent where it's at, but you'll be giving away a ton of money in free rent every month. What is the most profitable way to deal with inherited tenants who are not paying market rent? Is there a profitable way to increase their rent without them moving out of your property?
Good work ain't cheap, and cheap work ain't good. One of the biggest mistakes new real estate investors make is trying to save some money by hiring the cheapest general contractor they can find to rehab their house. There is a reason that the contractors on Craigslist are cheaper than the legitimate contractors. It's because their work, skills, communication and knowledge are subpar. Hiring the cheap contractor is almost always going to result you having to spend more money to fix their mistakes. Be smart, hire competent contractors and do the job right the first time. Tune in to HoltonWiseTV for more real estate investing advice.
What to do with your tenants who don't have their rent is always a topic of debate. Some real estate investors think you should work with tenants who don't have their rent. These investors think instead of evicting tenants who don't have their rent, that they should put them on a payment plan to pay back all of the back rent. The thing is, these investors are stupid. The rent is the payment plan. If your tenant doesn't have their rent payment in on time, the only thing you should be doing is filing for eviction. Tune in to HoltonWiseTV for more real estate investing coaching, tricks, tips, and advice.
If you don't pay your rent, you're getting evicted. Tune in to HoltonWiseTV to watch live evictions caught on tape.
Engelo Rumora thinks business owners need to take a deeper look at those they are doing business with, and for that matter, voting for. Once you get past all the showmanship and attention grabbing behavior that's necessary to get your name out there, is there something more concrete under the hood? Tune in to HoltonWiseTV to get to know OzRealty owner Engelo Rumora as he regularly shares his thoughts on business, life, politics, real estate investing and much more.
If you tenant says they can't pay their rent, should you try to work with them and set them up on a payment plan? Or, should you evict them immediately? New real estate investors are typically more inclined to try to work something out with the tenant so that they can avoid the eviction process. However, experienced real estate investors know that working with the tenant in a non payment of rent situation almost always costs the landlord more money. A good landlord is not afraid of the eviction process. A good landlord will immediately evict any tenant who doesn't pay their rent. Tune in to HoltonWiseTV for more real estate investing tips and advice.
They say that an angel get's it's wings very time a landlord evicts a single mother. Send this to a landlord who's tenants don't tip him so he can start doing the Lord's work today.
How to increase a Section 8 tenant's rent is something that confuses a lot of Section 8 investors. Section 8 doesn't go out of their way to give landlords more money than they have too. However, increasing your Section 8 rental rates is actually pretty easy if you know how to work with your local housing authority. Tune in to HoltonWiseTV for a more detailed look at Section 8 property investing.
If you're going to invest in rental properties in the Cleveland real estate market, you're going to want an expert in your corner helping you do your due diligence. Tune in to HoltonWiseTV for expert analysis on Section 8 properties in Cleveland, Ohio.
Installing carpet is cheaper, but it's going to cost you way more money in the long run. The smart real estate investor uses hardwood or vinyl because it doesn't need to be replaced in between every tenant like carpet does. Tune in to HoltonWiseTV for more rental property investing advice.
The pros and cons of buying a vacant property and the pros and cons of buying an occupied property are going to depend on where the property is located. In some situations the better investment is the vacant property. In other situations, such as when the property is located in a dangerous neighborhood, the property being vacant is a massive risk as having existing tenants in place can deter criminals from breaking into the property to steal things or worse, begin squatting. Tune in to HoltonWiseTV for more real estate investing advice.
Is your offer worth the paper it's written on? Or, are you simply spamming property sellers with the hopes that 1 in 100 of them respond to you? Don't waste everyone's time sending in offers before you do your due diligence. Instead, tune in to HoltonWiseTV to learn how to quickly analyze a property and make a legitimate offer that has a chance of being accepted by the seller.
The truth is, landlords like evicting people. No landlords aren't evil for enjoying evictions. Who wouldn't want to stop someone from stealing from them? That's all an eviction is. An eviction is the legal process in which a landlord can finally stop a deadbeat thief from stealing their money. Tune in to HoltonWiseTV to watch more live evictions caught on tape.
If your tenant doesn't pay their rent, you've got to evict them. Most landlords know this. However, most landlords don't tell all of their tenants this ahead of time. Smart landlords tell their tenants this during the tenant screening process. If your perspective tenants have a problem with men with guns coming to their house to evict them in the event they don't pay their rent, it means they aren't 100% confident in their ability to pay their rent 100% of the time. You never want to rent your property to a tenant who has doubts in their desire or ability to pay their rent 100% of the time. Tune in to HoltonWiseTV for more tenant screening tips.
Never rent your property to a tenant who asks you if they can plant a garden when they move in. Without fail, this seemingly innocent request is a major tenant red flag. Tenants who ask you this question at their showing are almost always hiding something more devious in their background such as a criminal history, previous eviction, or poor employment record. Tune in to HoltonWiseTV for more tenant screening tips.
Renting your Section 8 properties to picky tenants never ends well. There is nothing worse than an entitled Section 8 tenant who complains about everything. Tune in to HoltonWiseTV for more tenant screening tips.
When you are showing your rental properties to perspective tenants, you may run into a contractor who offers to do work for you in exchange for a rental rate discount. Never rent your property to this guy. Having him doing repairs instead of paying rent is never going to end well. There is nothing worse than a contractor who wants to live in your house without paying rent because he thinks it needs repairs. Tune in to HoltonWiseTV for more tenant screening tips.
The most expensive part of the eviction process isn't always the eviction itself. It's not always all of the money you lost in unpaid rent. Sometimes the worst thing about the eviction process is what people do to your house after the eviction is over and the house is empty. After this eviction was over, someone broke into this house and destroyed it. They put holes in walls, ripped vanities off of wall, and worst of all, they stole the water meter which flooded the basement with thousands of gallons of water.
You should never rent your Section 8 property to a tenant who is dirty or smelly. Dirty and smelly Section 8 tenants are going to make your house dirty and smelly. A dirty and smelly house is going to cost you more money during your next tenant turnover. Avoid dirty and smelly Section 8 renters at all costs. Tune in to HoltonWiseTV for more tips on making money investing in Section 8 housing.
Inherited tenants are without a doubt, the worst type of tenants out there. Inherited tenants are much more risky than tenants that have been professionally screened by a high quality property manager. If you watch The Tenants From Hell Show on HoltonWiseTV you'll see just how bad it can get when inexperienced mom and pop landlords don't do a good job during the tenant screening process.
Sometimes the worst part of the eviction process isn't the eviction itself. It's not the thousands of dollars of lost rent. It's not all the time and money you have to spend on lawyers and court costs. It's what happens after the eviction is over. After this eviction was over, thieves broke into the house and did thousands of dollars of damage. The worst of it being them breaking the main water line and flooding the house with thousands of gallons of water, costing tens of thousands of dollars in damages.
Do you let your tenants take advantage of you? Are you afraid to evict a tenant who stops paying you rent? Do you waste your time listening to your tenant give you excuse after excuse as to why the rent isn't paid? Or, do you evict mother f*ck**$ who don't pay their rent?
When you are doing your tenant screening, do you discriminate against people who smoke cigarettes? Is cigarette smoking a non negotiable in your rental properties? Or, are you fine with renting your properties to smokers? Tune in to HoltonWiseTV for more interesting discussion on the tenant screening process.
Government guaranteed rent is great. However, if the Section 8 tenant won't stop pooping his banks and making his neighbors miserable, you've got to evict him. Tune in to HoltonWiseTV for more tips on making money investing in Section 8 housing.
Squatters can cost a landlord thousands and thousands of dollars. Tune in to HoltonWiseTV to see what happens when squatters cost landlords tons of money.
Single moms love playing the victim game. If a single mom gets evicted because she can't pay her rent, it's always someone else's fault. Why can't single moms take accountability for their bad decisions?
Some people think that Felons deserve a second chance. Those people are stupid. Never rent your houses to Felons. The details of the crime aside, a Felon is going to have a much harder time getting and maintaining employment than someone with a felony on their criminal record. The harder it is for your tenants to make money, the harder it is for you to make money. Tune in to HoltonWiseTV for more tenant screening tips.
A bad tenant can cost a landlord thousands and thousands of dollars. Here at HoltonWise we don't tolerate tenants who don't play by the rules. Tune in to HoltonWiseTV to see horrible tenants getting evicted.
You should never rent your Section 8 property to a tenant who attempts to negotiate lease terms with you. Renting to Section 8 tenants who want to negotiate with their landlord during the tenant screening process is a huge red flag. If these renters are this difficult now, imagine how much more trouble they are going to be when they move into your property. Tune in to HoltonWiseTV for more tips on making money investing in Section 8 housing.
It's obvious why there are a lot of landlords who won't rent to people with evictions or felonies on their records. However, there are some landlords who discriminate against people with tattoos on certain parts of their body. Should landlords be allowed to discriminate against people with tattoos during the tenant screening process? Or, is a landlord screening against people with tattoos going a step too far?
You never have as much leverage as you do during the tenant screening process. You lose a ton of leverage once you finish screening your tenants and place them in your rental property. So whatever you do, don't screw up when you are screening your tenants because the eviction process takes a lot of time and money. Tune in to HoltonWiseTV for more landlord advice.
Is it a landlord's job to house the homeless? Landlords have a ton of houses, and the homeless need houses, so it's up to landlords to house the homeless, right? Wrong! A landlord's job is not to house the homeless. A landlord's job is to trade housing for rent, and when the rent isn't paid, it's the landlord's job to evict the tenant who decided not to pay their rent.
No matter what, on eviction day, the landlord is always the bad guy. People love to blame the landlord anytime a tenant get's evicted. This is especially true when the tenant getting evicted happens to be a single mom. It doesn't matter that the tenant has been stealing from the landlord. People always think that the landlord is horrible. People always think the evil landlord is doing something wrong. People always think that being a landlord is unethical. Why do people think landlords are so bad?
This eviction was outrageous. Tune in to HoltonWiseTV for more shocking evictions caught on tape.
Squatters think they can play the game and win, they can't. If you don't pay your rent, you are getting evicted. Tune in to HoltonWiseTV to watch squatters get evicted. Nobody features more squatter evictions than HoltonWiseTV.
Getting evicted sucks. Pay your rent and don't forget to tip your landlord. Tune in to HoltonWiseTV for more live eviction footage. Nobody features more evictions caught on tape than HoltonWiseTV.
Bad tenants think they make the rules when it comes to their apartment. This is never the case. Landlords are always in charge of what happens at their property. Landlords have the right to inspect their properties whether a tenant is living there or not. If a tenant does not allow a landlord inside of his property, the landlord has the right to call the Cops and do a Police escorted inspection. Tune in to HoltonWiseTV for more landlord tenant interactions.
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