Investing in Section 8 housing is a tough way to make money. Sure, those Section 8 profits are great, but you're going to work really hard for every penny. Don't believe us? Take a look at some Section 8 inspection footage to see how Section 8 tenants treat their landlord's properties.
Do you know what it takes to get your rental property rent ready? Tune in to HoltonWiseTV to follow along with OzRealty Property Management owner Engelo Rumora as he shows you how he gets his rental properties renovated in Toledo, Ohio.
HoltonWise CEO James Wise reacts to Councilman Kris Harsh calling HoltonWise the Gold Standard of bad property management companies in Cleveland, Ohio.
One of the many benefits of owning rental properties is tax exposure reduction. Rent To Retirement Sales Manager Adam Schroeder was pleasantly surprised by how much money he was able to save on his taxes when his CPA gave him information on the S-Corp tax loophole.
The American school system is not designed to help you win. The American school system is not designed to teach you how to be independently wealthy. The American school system is designed to teach you how to be corporate slave. The American school system won't help you do anything but provide slave labor to large corporations. To become wealthy in America you need to look outside of what they taught you in school. For example, they teach a lot of math in school. None of that math has anything to do with money. None of that math they taught you in school is going to feed your family. Tune in to HoltonWiseTV to learn the money math that will pay your bills.
Turning off the heat when your tenant doesn't pay rent is a quick way to evict them. The problem is, it's really illegal. On top of that you run the risk of having the water in your plumbing system freeze and do a ton of damage to your property. Instead of resorting to illegal eviction tactics like this, Tune in to HoltonWiseTV to learn how to quickly evict tenants through the court system.
Australian immigrant Engelo Rumora achieved financial freedom in the USA by investing in rental properties in Toledo, Ohio. The thing about financial freedom is that it's different for everyone. For some people, financial freedom is $10,000 a month in passive income. For others, it's much more, and for some, it's much less. How much money do you need to achieve financial freedom?
School is not designed to teach you how to be independently wealthy. School is not going to get you out of the 9-5 rat race. School is designed to teach you how to be a worker bee who can make money for the large corporations. School will keep you employed, but never set you free. Conversely, investing your money in the real estate market will help you achieve financial freedom. Tune in to HoltonWiseTV to learn how to expand your personal finance knowledge and begin the journey of independent wealth creation through real estate.
Giving your Section 8 tenants a nice perk like ensuite laundry might sound like a good idea. You may be thinking you'll be able to increase your bottom line with the additional rent you can charge for such a luxurious amenity. Think again. Ensuite laundry is nothing but trouble when it's in Section 8 housing. Section 8 tenants rarely hook up their appliances correctly, oftentimes causing thousands of dollars in water damage for the landlord. Tune in to HoltonWiseTV to learn more about making money investing in Section 8 rental properties.
$325,000 for a Section 8 property in Cleveland, Ohio is insane. You'd have to be bat $sh*t crazy to pay that kind of money for a rental property in the Cleveland real estate market. Tune in to HoltonWiseTV to learn more about making money buying Section 8 rental properties in Cleveland, Ohio.
Toledo, Ohio is an incredibly popular market for out of state real estate investors because Toledo features some of the cheapest housing in the USA. However, just because the houses are cheap doesn't mean every out of state investor makes money. Many out of state investors end up losing money in the Toledo market because they didn't take the time to build up a real estate team to handle the day to day activities of managing a rental property portfolio. OzRealty owner Engelo Rumora explains why building a boots on the ground team is the very first thing out of state investors should do when they are looking at investing in Toledo, Ohio.
Orlando, Florida is a great market for real estate investors. However, Rent To Retirement CEO Zach Lemaster thinks investors can get a much bigger bang for their buck by investing in the suburbs around Orlando. One up and coming suburb in the Orlando area is Poinciana, Florida. Poinciana features an upward rent trajectory, an 11% average wage increase, a 61% owner occupancy rate, and a 3% year over year population growth.
Just because a deal is being offer to you Subject To or with Seller Financing, doesn't mean it's a good investment. You still have to analyze the numbers and make a sound purchase decision. Tune in to HoltonWiseTV to learn how to analyze properties using creative financing strategies like Sub 2 and Seller Financing.
The best time to buy a house was yesterday. Too many would be investors catch a case of analysis paralysis. Too many would be investors end up on YouTube, BiggerPockets, Facebook, or some other platform analyzing property after property without ever buying anything; only to realize that the best deals have already passed them by.
Would you like to learn how to use seller financing to do $1 Million BRRRR Strategy deals in the best cash flow markets in the USA? Tune in to HoltonWiseTV to find out how you can pull it off and become the next seller financed real estate millionaire.
Most investors know the Cleveland market as one of the best real estate markets for Section 8 cash flow. Not too many investors have Cleveland on their radar as an emerging market that's going to see a ton of appreciation. However, savvy investors know that you can get both cash flow and appreciation if you buy properties in up and coming neighborhoods in the Cleveland area. Finding up and coming neighborhoods in the city of Cleveland allows investors to buy at low prices now, reaping the cash flow benefits that Section 8 tenants give you now, while having a great chance at their properties going way up in value when all of the Yuppies and Hipsters start moving in. Tune in to HoltonWiseTV for more info on investing in Cleveland real estate.
Don't be afraid to submit lowball offers on houses. Submitting lowball offers on overpriced houses that have been sitting on the market for awhile will probably get your offer accepted more often than you would think. Many times sellers who have overpriced their house listing are too stubborn to lower the price but they'd be willing to take a low offer if it came in. Tune in to HoltonWiseTV to learn more about buying discounted real estate.
One way some landlords evict their tenants who aren't paying the rent is by turning off their water. Water is a necessity so most tenants will move out on their own when their landlord shuts off their access to water. The only problem with this eviction tactic is that it's highly illegal. Instead of opening yourself up to the serious legal consequences that come from performing an illegal eviction you should tune in to HoltonWiseTV to learn how to perfect the eviction process.
Engelo Rumora owns one of the largest property management companies in Toledo, Ohio. Engelo Rumora owns real estate all over the globe. Engelo Rumora has made a lot of money in a lot of industries, but he doesn't have health insurance. Tune in to HoltonWiseTV to find out why.
A ton of investors from high cost markets like California get themselves into a lot of trouble out of state. Most of the time these out of state investors don't understand the laws of the cash flow markets they are investing in. The landlord tenant laws in Detroit are very different from the laws in California. Tune in to HoltonWiseTV to learn more about the best cash flow markets in the USA before you get yourself into trouble with the local building department.
One way some landlords evict their tenants who aren't paying the rent is by releasing a bunch of snakes in their house. Many people are afraid of snakes so releasing a cage full of snakes in a tenant's house saves the landlord a ton of time and money as going through the court system to evict a tenant is time consuming and expensive. The only problem with this eviction tactic is that it's highly illegal. It's also very dangerous if the snakes happen to be poisonous. Instead of opening yourself up to the serious legal consequences that come from performing an illegal eviction you should tune in to HoltonWiseTV to learn how to perfect the eviction process.
One way some landlords evict their tenants who aren't paying the rent is by putting a bunch of rats in their house. Many people are afraid of rats so releasing a cage full of rats in a tenant's house saves the landlord a ton of time and money as going through the court system to evict a tenant is time consuming and expensive. The only problem with this eviction tactic is that it's highly illegal. Instead of opening yourself up to the serious legal consequences that come from performing an illegal eviction you should tune in to HoltonWiseTV to learn how to perfect the eviction process.
One way some landlords evict their tenants who aren't paying the rent is by taking off their front door. Removing their front door often saves the landlord a ton of time and money as going through the court system to evict a tenant is time consuming and expensive. The only problem with this eviction tactic is that it's highly illegal. Instead of opening yourself up to the serious legal consequences that come from performing an illegal eviction you should tune in to HoltonWiseTV to learn how to perfect the eviction process.
One way some landlords evict their tenants who aren't paying the rent is by paying someone else to move into their house while they are still living there. Doing this saves the landlord a ton of time and money as going through the court system to evict a tenant is time consuming and expensive. The only problem with this eviction tactic is that it's highly illegal and pretty dangerous. Instead of opening yourself up to the serious legal consequences that come from performing an illegal eviction you should tune in to HoltonWiseTV to learn how to perfect the eviction process.
One eviction tactic (albeit an illegal eviction tactic) that is used by slum landlords is to turn off their tenant's heat in the middle of the winter when they don't pay their rent. Freezing the tenant's out of their homes is quick and effective, but it comes with a ton of risks. For one, the landlord could face serious legal issues given how illegal this eviction tactic is. Another risk the landlord faces when turning off their tenant's heat in the middle of the winter is freezing pipes. When the water in the plumbing system dips below 32 degrees it can freeze and expand, potentially bursting the pipes in the property and doing thousands of dollars of damage. Tune in to HoltonWiseTV to learn more about the eviction process.
Are Section 8 tenants like normal people or are they different? Is there such a thing as the Section 8 lifestyle? Does being on a Section 8 voucher make you a more irresponsible tenant than someone who doesn't have Section 8? Does being on a Section 8 voucher tell the landlord how you're going to behave in their property? Should landlords consider Section 8 status when they are screening tenants? Tune in to HoltonWiseTV to learn more about Section 8 real estate investing.
Most Realtors do not understand how to work with investors. Most Real Estate Agents do not know how to talk to investors. Most Realtors are not investor friendly. Tune in to HoltonWiseTV to learn how to invest in real estate from the most investor friendly Real Estate Brokerage in the world.
Investors who are new to the Cleveland real estate market might not know the difference between minor fixes and big ticket items. For example, due to the laws created by Cleveland Mayor Justin Bibb, repairs related to lead paint are a huge expense for Cleveland landlords. Tune in to HoltonWiseTV to learn more about what fixes are most important for Cleveland real estate investors.
When their tenant's don't pay the rent, some landlords revert to illegal eviction tactics to get them to move out without having to go through the eviction court system. One illegal eviction tactic used by slum landlords is scaring the tenants into moving out. This is often accomplished when the landlord hires big scary looking men to go and "talk" to the tenant about their missing rent payments. These men are often large, covered in tattoos, and very intimidating. While not always specifically mentioned, the threat of violence looms large. Tune in to HoltonWiseTV to learn more about the eviction process.
Some landlords cannot handle bad tenants. When a bad tenant doesn't pay rent to some landlords they go rogue. Instead of using the court system to evict the tenants from their property's, these rogue landlords will release rats in their tenant's houses in an effort to illegally evict them. Real estate investing is a dirty game. Tune in to HoltonWiseTV to learn more about the eviction process.
The USA is dealing with a housing affordability crisis. Rent To Retirement CEO Zach Lemaster explains why being able to access new construction homes in the Birmingham, Alabama real estate market for $100,000 less than the US median average is such an important metric for investors to look at.
Some landlords go nuts when their tenants don't pay the rent. Good landlords go through the court system and legally evict the tenants as soon as possible. However, there are a lot of terrible landlords out there who resort to illegal eviction tactics. One of the most common illegal eviction tactics that bad landlords use to get their tenant's to move out is turning off the tenant's water. Tune in to HoltonWiseTV to learn more about the eviction process.
One illegal eviction tactic that some slum landlords use is rotting fish. What these landlords will do is they will wait until the tenant leaves for the day. They will then go into the home and place rotting fish inside of the HVAC vents. The smell gets so bad that most squatters will move out of the home because the rotting fish smell is unbearable. Tune in to HoltonWiseTV to learn more about the eviction process.
Some landlords lose their mind when their tenants don't pay the rent. Good landlords go through the court system and evict the tenants as soon as possible. However, there are a lot of bad landlords out there who resort to illegal eviction tactics. One of the most devious illegal eviction tactics that bad landlords use is following their tenant around town. Some landlords will shop up to the tenant's work or family events and harass the tenant's boss and family members. Tune in to HoltonWiseTV to learn more about the eviction process.
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