All Forum Posts by: Jill F.

Evictions in the greater akron areas where we operate take 5-7 weeks.

If you want to stay friends, don't loan her money.

5* after the check clears.

It depends on your goals for your business. I usually start with 75-80% leverage because that is what my bank will allow and once my leverage is down to around 50%property due to improvements or market appreciation and/or loan pay down, I use it as collateral or cash-out refi to buy additional properties or I sell it to buy something bigger because I am focused on growing my business by expanding my portfolio. At some point, I'll stop buying and focus on maximizing the cash flow from existing units.

 I don't make requests, I notify tenants of upcoming maintenance and they may choose to be there or not. Ohio requires 24 hours notice. Failure to allow in maintenance will result in service charges and a notice cure

One thing to note, at least in my area, the section 8 voucher amount is ALL UTILITIES (and standard kitchen appliances) INCLUDED. Section 8 will actually deduct from the voucher amount for utilities and appliances that are not provided by the landlord. In all of my properties, I have one section 8 tenant. The max rent section 8 will pay for his one bedroom in this zip with all utilities and appliances included is $865. The most they will pay when the tenant must pay gas, electric, and water/sewer/trash is $732. My non-section 8 tenants pay $825+ all utilities. 

This day and age it's hard to know who is a scammer and who isn't. If I go to a brick and mortar bank and talk to a loan officer, I know I am talking to a legit lender.

That smells like 'scam' to me.

If it was fixed,  I wouldn't bother unless asked.