All Forum Posts by: James Wise

Quote from @Paul De Luca:

@James Wise

If you screen effectively, you can dramatically reduce your risk and probability of needing to evict a tenant. I'm also not aware of any of my clients needing to evict tenants either.

All investments come with risk, so you just need to understand how to reduce it and manage it.

What have you been doing to mitigate and reduce the risk for you and your clients?

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Quote from @Ayyoub Aj:

I’m looking to rent out my home in a month or two. But I’m not sure whether to go with a PM or just do it myself.

The house is located in a relatively nice neighborhood near universities and plaza. I’m expecting 2.5 to 3k rent.
should I assume that I will get stable and easier tenants?

I don’t mind paying for a PM. But I don’t know what value they will add and how to find a good one. I have no interest in managing the manager.

I also know that KCMO have the tenant bill of rights. Not sure if this makes the city less favorable to landlords.

I would love to get some advise.

If you've gotta ask, then yes you need a PM.

0 Votes

Kansas City, Missouri

Quote from @Brie Schmidt:

@James Wise - I don't know, 13 years as a landlord in Chicago and only once had to file eviction. It was during covid when they had the eviction memorandum and the tenant was out of work so he sent me the documents that he wasn't going to pay rent and apply for assistance. His lease was about to expire so I delivered notice of non-renewal and he stayed past his lease so I was able to file eviction. He ended up moving out before I actually got to serve him and was granted assistance to pay the back rent owed.

I have worked with over 200+ investors as an agent over the last 10 years and I can think of two times my client's ever had to file eviction.

It really irks me when people who don't know about Chicago post blanket statements about the city. We have everything from neighborhoods with 50% vacancy and abandoned lots to neighborhoods where homes rent for over $15k a month. No one thing applies to the entire city.

Let's talk about that..........How have you been so successful helping all of those investors avoid bad tenants? What's been the secret to your success?

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WTF! Atlanta's Mortgage Rates Lower than Interest Rates in Ancient Egypt | HoltonWiseTV Highlights

The Atlanta real estate market has gone through some pretty drastic changes over the last few years. The mortgage rates in the Atlanta area went from being historically low, so low that the cost of money was actually cheaper than it had been in the ancient Egyptian times, to being the highest they've been in decades. While these mortgage rate changes are frustrating, Rent To Retirement CEO Zach Lemaster doesn't want investors to lose motivation. Making a ton of money investing in rental properties in Atlanta, Georgia is still very doable. Through his massive network of investors, builders, and lenders, Zach's company is able to bring Atlanta investors several creative options for financing their rental property acquisitions in the Atlanta, Georgia housing market.

Atlanta needs more Houses for it's Population Growth | Investment Properties For Sale - 30248 Peach

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Quote from @Jonathan Klemm:

What a funny great marketing post @James Wise!

That's a pretty generalized statement about Chicago and our 3.5M population! I definitely don't disagree that there are some rougher areas, but I'm certain that isthe case in every metro area.

There are a lot people making money with section 8 tenants, but probably more making mistakes because they don't have the right team and systems in place.

Yessir you're 100% correct. With the right team in place, investors can be very successful in this space. Looks like you specialize in helping investors buy / renovate / manage these types of properties in Chicago, ya? Tell me more brother.

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You're gonna Evict a lot of Crappy Tenants if you Invest in Chicago | HoltonWiseTV Highlights

Chicago is filled with a ton of bad tenants who live that Section 8 lifestyle. If you're going to buy rental properties in Chicago, you better be prepared to evict crappy tenants. Tune in to HoltonWiseTV to learn how avoid bad tenants so you can make a lot of money investing in Section 8 rental properties in Chicago, Illinois.

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 Bud Heavy.

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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?

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

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2 Votes

Los Angeles Landlords forced to trash their own Houses to Evict Squatters | HoltonWiseTV Highlights

I've sold over $200 Million Dollars worth of real estate. I've also built out HoltonWiseTV's subscriber/follower count to 250,000+ collective subscribers/followers and 30 Million + views across the various platforms it's published on. Long story short, I am real damn good at marketing real estate businesses.

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Quote from @Felipe Mendoza:

Thanks for sharing!!

1 Vote

Houston, Texas

Being a landlord in Los Angeles is terrible. LA's landlord tenant laws are so tenant friendly that LA landlords have been resorting to illegal eviction tactics to force squatters out of their properties. Imagine trying to invest in real estate in a city where you'd rather trash your own property than go through the court's eviction process. That is a sad reality for those investing in Section 8 rental properties in Los Angeles, California.

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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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