Real Estate Investing

A New Search Technique

By on Aug 17, 2017 in Real Estate Investing | 2 comments

            Just as necessity is the mother of invention, experience is a great teacher of new tactics, particularly unpleasant experiences. Two recent situations compelled me to do online research with the office of the Secretary of State in two different states. I found that one of the more effective tools to narrow things down and better identify a problem was to...

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Happy to Announce a Victory for Landlords

By on Aug 10, 2017 in Real Estate Investing | 0 comments

On Monday, August 7, 2017, the 11th District Court of Appeals in the State of Ohio unanimously issued a written decision wherein they reversed the earlier decisions affirming the finding by the Ohio Civil Rights Commission that a landlord named Helen Grybosky had committed housing discrimination. This case has gone on for nine years. Briefly summarized, an...

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The Ultimate Tool

By on Jul 5, 2017 in Real Estate Investing | 4 comments

           For everyone who is self-employed, particularly those of you who have high incomes and are disqualified from having a Roth IRA, the introduction of the Roth 401(k) was an absolute godsend. The Roth 401(k) has all the benefits and characteristics of a Roth IRA as well as all the benefits and characteristics of a 401(k). It requires employees to discipline...

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Investors, Beware!

By on Jun 29, 2017 in Real Estate Investing | 7 comments

           Rising markets do not cover all sins! I had dinner with a good friend who is a client and savvy investor. He told me he is filing a foreclosure action against a rather well-known real estate investor/teacher who borrowed from him in our northeast Ohio market. We didn’t get into the details of what was going on, but knowing that my friend has a good...

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Stop the Insanity!

By on Jun 27, 2017 in Real Estate Investing | 2 comments

            Twice in one day, I had very interesting conversations with high-income, licensed professionals. Both these men (in two different professions) told me very similar stories. They are extremely good at generating almost a million dollars a year in net income, yet when you look at their overall situations, they have little or no real net worth because of...

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Part 3, Co-Wholesaling: A Disaster!

By on Jun 13, 2017 in Real Estate Investing, Uncategorized | 1 comment

            You have the opportunity to buy a good property on great terms. You think it would be a great property for you to fix and flip or, if you get too busy, possibly wholesale to another rehabber. I suggest that after speaking with the seller, the first thing you do is make a quick online search by going to the website for the local county auditor or county...

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