(937) 838-0997 [email protected]

More on Section 8

Here are some helpful links to review if you are a property owner considering Section 8 as an option to rent your properties:

While this helps to bring all of the information more easily to you – the process can still be complicated for out-of-state owners.  If you are interested in having someone locally to make the connections for you, talk with me about getting your property ready for the first pre-inspection and the information about your property out for potential tenants to see!  If all things work well, we can have a tenant ready to go as soon as your property is ready.

Investor Mentor Program

This is an opportunity for those new to the real estate investor market to be mentored by someone who has “been there and done that.”  More of an informal gathering, but professional and helpful.  Questions can be answered and issues discussed as well as opportunities for partnerships for future ventures.  If you are interested in learning more, or in joining our group please complete this form:

Why Buy Ohio? Commercial Tax Reform!

As part of the on-going implementation of sweeping tax reform, Ohio has now fully eliminated the tangible personal property tax, which was applied to machinery and equipment, inventory, and furniture and fixtures.

Spacer

Soon, Ohio’s corporate income tax will also be completely eliminated, making it just one of two states in the nation without a general tax on corporate profits and without a general tax on tangible personal property.   CLICK HERE FOR MORE DETAILS!

Private Lending Made Easy

If you are interested in getting into Real Estate Investments, this is what you may want to learn: “Private Lending Made Easy.” Alan Cowgill travels the nation and speaks to hundreds to thousands of people, he is originally from the Springfield area – currently operating from Urbana. He has gone from the typical lost everything – wanted to find a better way – and now is giving back by providing much needed information. Feel free to CLICK HERE for the link to his website – browse through and if you see something you think would answer any of your questions, he has easy to follow ordering from his site. I will keep you posted if and when he has a speaking engagement in our area and maybe a group of us can get together and go listen!

Section 8 Opportunities

As an Investor, you are looking for ways to generate “guaranteed” income and this may well be one area that has yet been UNTAPPED. Section 8 just collected hundreds of applications from those in the community who are seeking to be placed in a Section 8 home. There may be as many as 600 homes NEEDED for this program to facilitate the new applications!

If you are not familiar with the process – but are interested in having your Vacant homes made profitable – this may well be an alternative worth checking into. The benefits would include: having a tenant that is accountable to a city program as well as the lease – if they fail to do their part – they stand to loose the whole Section 8 program; guaranteed monthly rent – paid in part or in full by Section 8 directly to you; and even possibly – working with a tenant under these terms who after 2 years could do a purchase of the property!

I am asked -many times- about “property management” and while there are companies who provide this service, some real estate companies may even include a property management department; I make available this recommendation: Investor’s Nest. They are familiar with the Section 8 program, their requirements for the home (standards of condition, repairs and tenant policies), they are local and they know the business of investing in property and what is involved with tenant and property maintenance. Investor’s Nest was created to offer these services for those who are out of the area or who do not want to be involved in the daily process. They can work from the very beginning of the stages in preparing the home for Section 8 inspection and implementation into the program, facilitate repairs that may be needed, interview the Section 8 candidates for the best tenant for your property as well as the property maintenance (or any portion of those services you choose.)  All rental income continues to be directly to you – the owner.  If you have questions, please feel free to discuss terms and opportunities available.