All Forum Posts by: James Wise

Do you want to buy a rental property with no money down? Of course you do. Who wouldn't. Thing is, most of the time it's impossible to buy a house without using any of your own money. However, Rent To Retirement has partnered with several lenders who are offering 100% financed mortgages on new construction rental properties in the Birmingham, Alabama real estate market. These properties are located just outside of Birmingham in a high end suburb called Pinson, Alabama. The reason that lenders are able to offer no money down financing on these properties is simple, these properties are very low risk for the lender. If you're trying to buy a high risk rental property like a Section 8 deal in Detroit or Cleveland it's not gonna be possible to do with no money down. But, if you aim for something that is low risk for the lender like a new construction property in a growth market, you'll be able to take advantage of using other people's money to build your real estate portfolio.

Why are Lenders doing No Money Down Mortgages in Birmingham Alabama? | HoltonWiseTV Highlights

CLICK HERE TO WATCH THE VIDEO

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Are you interested in buying a property in Birmingham, Alabama? Take a look at the one from Rent To Retirement below.

Why Birmingham is good for Long Term Buy & Hold | Investment Properties For Sale - 35115 Persimmon

CLICK HERE TO WATCH THE VIDEO

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Like what you see in the video from my buddies at Rent To Retirement?

Want to buy this property? Have additional questions?

You can hit up @Zach Lemaster here on BP, text REI to 33777, or you can reach out to the rest of the Rent To Retirement team on their Website or Socials below.

1 Vote

Don't spend $1,000's & $1,000's on a Mentors, Wholesaling Courses, Section 8 Gurus, or overpriced Turnkey Programs when you can get mentored by a cash flow investing expert for less than the cost of a Beer.

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CLICK HERE TO GET STARTED FOR AS LOW AS $4.99/MO

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Do you want to get started investing in real estate?

Do you want to learn how to make money with rental properties?

Do you need help figuring out your next steps?

Do you wanna make a whole bunch of money investing in Section 8 properties?

Do you wanna learn how to make more money out of state than your friends who only buy turnkey properties?

Do you need a mentor who will teach you?

Do you need a coach who will hold you accountable?

Do you want someone to show you how the business really is without all the get rich quick fluff?

Do you want to skip all that Guru crap and see how the business really works?

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CLICK HERE TO GET STARTED FOR AS LOW AS $4.99/MO

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- Do you want Access to Seller Financed Multi Family Properties?

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0 Votes

Detroit, Michigan

Quote from @James Wise:

Quote from @James Hamling:

Quote from @Remington Lyman:

Quote from @James Wise:

Quote from @Remington Lyman:

Quote from @James Hamling:

Quote from @Robert Ellis:

Quote from @James Wise:

Thanks to our friends over at Rent To Retirement, this episode of The Investment Properties For Sale Show features a brand new home in the Minneapolis, Minnesota housing market. Located in the suburb of Minneapolis called Cambridge, Minnesota, investors are able to get a free year of property management and a 7% cash back seller concession if they invest in this brand new build to rent home.

Free Property Management in Minneapolis Minnesota | Investment Properties For Sale - 55008 Clover

CLICK HERE TO WATCH THE VIDEO

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Like what you see in the video from my buddies at Rent To Retirement?

Want to buy this property? Have additional questions?

You can hit up @Zach Lemaster here on BP, text REI to 33777, or you can reach out to the rest of the Rent To Retirement team on their Website or Socials below.

not to diminish the deals rent to retirement is selling but I could build a duplex with a 1/1 at 400 square feet a unit in my market in Columbus Ohio stacked 2 tall on a small infill lot all in for 260k with my profit and sell it turn key and rent it for $2400 a month. at some point some of these deals need to be screened better. builder credits can be manipulated. that would be tax abated as well. I don't think selling turn key single family homes is what should be recommended to investors.

So your telling us you got some magic wand where you get 200%+ market rents? How?

Or are you just making shameless self-promotions again begging for clueless lemmings to come running?

My magic wand allows me to get 300%+ market rents

The Columbus overlord himself has entered the chat.

Remi as the Columbus Overlord you gotta sit Robbie down and lay down the law. He's actin a fool in this thread.

I think @Robert Ellis is trying to do new developments. I am part of the ULI Columbus chapter which focuses on Urban development, and it's crazy what rents they are asking for. I'm not sure they are actually getting those prices, though. I've heard there is a lot of vacancy in these newly built apartments. It'll be interesting to see if this is a sustainable model when the tax incentives go away.

I am sure it will all work out A-OK. When has putting mass density of sec8 persons into MFH ever gone wrong........

You know what I wanna know James....Why didn't Rob tell us his real name was Kyle Stroker. Kyle Stroker seems way friggin cooler. I bet Kyle Stroker doesn't have to hijack threads. Look at the swag on this guy.

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Rob / Kyle - Why in the world are you pulling a Bob Prisco / Stevens when your alter ego is so much cooler? Just stick with Kyle Stroker bro.

lol, @James Hamling you gotta take back what you said about those Eggplants bro. A few google searches and I'd say it's a safe bet that Rob / Kyle here has got you beat lol.

@Robert Ellis aka Kyle Stroker.....We gotta talk about this bro. What's the deal here? Having 2 identities while coming onto BP and soliciting investors for large amounts of money is a pretty big deal.

1 Vote

Minneapolis, Minnesota

With a housing stock primarily built before 1978, the city of Cleveland, Ohio has a major lead paint hazard problem. In response to this, Cleveland has passed several new lead paint laws that all landlords and real estate investors need to adhere to. If a property is not in compliance with the new lead laws the property owner can face fines, citations, and possibly jail time. Luckily for you, HoltonWiseTV has got you covered. Local Cleveland area resident Zak Burkons has created a new company called Pb Free Ohio that provides lead safe hazard certification services for investors in Cleveland, Ohio.

Cleveland's got a Lead Paint Hazard Problem | HoltonWiseTV Highlights

CLICK HERE TO WATCH THE VIDEO

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CLICK HERE TO GET STARTED FOR AS LOW AS $4.99/MO

___

Do you want to get started investing in real estate?

Do you want to learn how to make money with rental properties?

Do you need help figuring out your next steps?

Do you wanna make a whole bunch of money investing in Section 8 properties?

Do you wanna learn how to make more money out of state than your friends who only buy turnkey properties?

Do you need a mentor who will teach you?

Do you need a coach who will hold you accountable?

Do you want someone to show you how the business really is without all the get rich quick fluff?

Do you want to skip all that Guru crap and see how the business really works?

___

CLICK HERE TO GET STARTED FOR AS LOW AS $4.99/MO

___

- Do you want 1 on 1 Daily Coaching & Q&A with James Wise?

- Do you want 1 on 1 Weekly Coaching & Q&A with James Wise?

- Do you want Access to Seller Financed Single Family Houses?

- Do you want Access to Seller Financed Multi Family Properties?

- Do you want Access to Seller Financed Apartment Buildings?

- Do you want 15% off all HoltonWiseTV Merchandise For Life?

- Do you want Access to 1,000's of VIP Member Analysis videos?

___

CLICK HERE TO GET STARTED FOR AS LOW AS $4.99/MO

___

___

0 Votes

Cleveland, Ohio

Quote from @James Hamling:

@James Wise @Bruce Woodruff waite for it.......

So @Account Closed, I am just a bit curious, are you asking this for yourself and just making up the whole interested in land lording too blah blah blah as a good cover story? Or are you legit curious in leasing to people like yourself?

I get it, you were 22, but she was 14 dude, FOURTEEN.... Do you comprehend that she wasn't even legally competent to drive yet?

And it's not like she was this neighbor chick who "seduced you", dude you literally traveled across states.....

So yeah. Not sure what the true intent was here. I do not think it altruistic. Especially given this was not a 1 off for ya was it. At least 10 others over a what, 2, 3 year span, that's known of. Get's a lot harder to buy the whole "mistake of a young guy".

So from what I can tell, you concocted this whole thing to try and get something else set for your own housing. That is kind of your M.O., the whole schooze em on the internet thing.

I'll be nice, I'll refrain from adding the links to your FBI file. Unless that is you'd like to attempt to lie some more. Then I just might make it my pet project of the week. Or month. Hell, maybe the year, who knows, I'm goofy like that.

Wow, this thread took quite the turn.

4 Votes

Quote from @James Wise:

Quote from @James Hamling:

Quote from @Remington Lyman:

Quote from @James Wise:

Quote from @Remington Lyman:

Quote from @James Hamling:

Quote from @Robert Ellis:

Quote from @James Wise:

Free Property Management in Minneapolis Minnesota | Investment Properties For Sale - 55008 Clover

CLICK HERE TO WATCH THE VIDEO

___

Like what you see in the video from my buddies at Rent To Retirement?

Want to buy this property? Have additional questions?

You can hit up @Zach Lemaster here on BP, text REI to 33777, or you can reach out to the rest of the Rent To Retirement team on their Website or Socials below.

So your telling us you got some magic wand where you get 200%+ market rents? How?

Or are you just making shameless self-promotions again begging for clueless lemmings to come running?

My magic wand allows me to get 300%+ market rents

The Columbus overlord himself has entered the chat.

Remi as the Columbus Overlord you gotta sit Robbie down and lay down the law. He's actin a fool in this thread.

I am sure it will all work out A-OK. When has putting mass density of sec8 persons into MFH ever gone wrong........

___

Rob / Kyle - Why in the world are you pulling a Bob Prisco / Stevens when your alter ego is so much cooler? Just stick with Kyle Stroker bro.

lol, @James Hamling you gotta take back what you said about those Eggplants bro. A few google searches and I'd say it's a safe bet that Rob / Kyle here has got you beat lol.

0 Votes

Minneapolis, Minnesota

Quote from @James Hamling:

Quote from @Remington Lyman:

Quote from @James Wise:

Quote from @Remington Lyman:

Quote from @James Hamling:

Quote from @Robert Ellis:

Quote from @James Wise:

Free Property Management in Minneapolis Minnesota | Investment Properties For Sale - 55008 Clover

CLICK HERE TO WATCH THE VIDEO

___

Like what you see in the video from my buddies at Rent To Retirement?

Want to buy this property? Have additional questions?

You can hit up @Zach Lemaster here on BP, text REI to 33777, or you can reach out to the rest of the Rent To Retirement team on their Website or Socials below.

So your telling us you got some magic wand where you get 200%+ market rents? How?

Or are you just making shameless self-promotions again begging for clueless lemmings to come running?

My magic wand allows me to get 300%+ market rents

The Columbus overlord himself has entered the chat.

Remi as the Columbus Overlord you gotta sit Robbie down and lay down the law. He's actin a fool in this thread.

I am sure it will all work out A-OK. When has putting mass density of sec8 persons into MFH ever gone wrong........

___

Rob / Kyle - Why in the world are you pulling a Bob Prisco / Stevens when your alter ego is so much cooler? Just stick with Kyle Stroker bro.

2 Votes

Minneapolis, Minnesota

Quote from @Bruce Woodruff:

Quote from @Rick Albert:

Here's the thing in real estate, especially for beginners: They want to make so much money so fast that they don't realize boring and slow generally does better over the long run. These same people tend to not buy at all or for a very long time because they are chasing something that may not exist. And that point they missed out on appreciation, loan buy down, cash flow (even if it was negative), and tax benefits.

The reason why people have commented the way they are isn't because they want to be discriminatory, it's because there are so many "safer" options to achieve the same result.

You are correct, everything is case by case. An 18 year old mooning their friends in public can get them on the list even though it could be considered harmless. But that's different than a more serious offense.

In either case, this will become your problem, whether it should be or not. Neighbors will complain, people will name you in potential lawsuits and you may develop this reputation of being the S.O. landlord. Not a great reputation when you make offers, talk to prospective tenants, and even working with professionals like Realtors and lenders who may not want to associate with you.

The other consideration is insurance. Will insurance companies be okay writing policies knowing what your intentions are? I don't know the answer, it's just a question that has to be explored.

"The reason why people have commented the way they are isn't because they want to be discriminatory, it's because there are so many "safer" options to achieve the same result."

And there you have it. Great post Rick! That's kinda what I was trying to say....why buck the odds, just go find a saf(er) and fun way to make the money you need to be happy and follow your dreams.....

The OP is doing the opposite IMHO...rentals by the room, now Sex Offenders....waiting for Section 8 or flipping houses in the Gaza Strip.....

"The reason why people have commented the way they are isn't because they want to be discriminatory, it's because there are so many "safer" options to achieve the same result."

It can be both though. For many I am sure it is. There is nothing wrong with discriminating against sex offenders. I would question anyone who doesn't discriminate against sex offenders.

2 Votes

Quote from @Rick Albert:

The reason why people have commented the way they are isn't because they want to be discriminatory, it's because there are so many "safer" options to achieve the same result.

The other consideration is insurance. Will insurance companies be okay writing policies knowing what your intentions are? I don't know the answer, it's just a question that has to be explored.

The rent by the room business model in general sucks. Insurance companies hate it for that reason. Now with this one, we add on an extra layer of suck as this business plan is to take a business model that already attracts bottom of the barrel tenants and literally lasers in on the lowest quality human beings one can possibly work with.

I wouldn't have a problem with the idea of continuing to punish rapists by fleecing them for extra rent money since they have no other options if it made a ton of money and was easy. But it doesn't and it's not. It's just a bad business plan. Maaaaybe without the rent by the room component it'd have some semblance of an ok idea, but that's a huge stretch. This business idea just sucks, full stop.

0 Votes

Quote from @Remington Lyman:

Quote from @James Hamling:

Quote from @Robert Ellis:

Quote from @James Wise:

Free Property Management in Minneapolis Minnesota | Investment Properties For Sale - 55008 Clover

CLICK HERE TO WATCH THE VIDEO

___

Like what you see in the video from my buddies at Rent To Retirement?

Want to buy this property? Have additional questions?

You can hit up @Zach Lemaster here on BP, text REI to 33777, or you can reach out to the rest of the Rent To Retirement team on their Website or Socials below.

So your telling us you got some magic wand where you get 200%+ market rents? How?

Or are you just making shameless self-promotions again begging for clueless lemmings to come running?

My magic wand allows me to get 300%+ market rents

The Columbus overlord himself has entered the chat.

Remi as the Columbus Overlord you gotta sit Robbie down and lay down the law. He's actin a fool in this thread.