If you are reading this, you probably already know that Section 8 is a government sponsored rental assistance program for low income individuals. Everybody seems to be talking about how the great the section 8 program is. It’s great for the person who getting the benefit because they get at least part of their rent [...]
Continue reading...14. January 2010
I had another great question come up from a friend of mine. "I use 40% of Gross Income as my Total Expenses (taxes,insurance,repairs,vacancy,etc) not including mortgage and in my case, management fees since i manage the properties myself. Am I on the lower or higher end of it? How do you guestimate your total expenses? [...]
Continue reading...4. November 2009
Question: “This gentelmen has sent me a couple of e-mails. I am sending it to you to get your opinion. It just gives me a funny feeling. This is about the house we will have to rent here soon. My wife posted the house for rent on craigs list.” Here is the email he got [...]
Continue reading...24. December 2008
This morning my office got the dreaded call that you never want to get that there is a fire at one of our rental properties, and they have just called the fire department. Preliminary indications were that no one was hurt. That’s good. This particular property, which is a duplex, is one that our office managed for [...]
Continue reading...12. December 2008
Special Judge Glenn Jones is best known to me for the tight ship he runs during the Forcible Entry and Detainer (FED) docket (eviction court) at the Oklahoma County Court house. Of the judges who preside over the FED docket, Judge Jones is certainly high on my list as a judge who treats both sides with [...]
Continue reading...10. December 2008
I’m on vacation right now with my family in Branson, Missouri. We booked our lodging through Blue Green Re sorts, a time share company. I would definitely recommend you check them out, or some other national timeshare company so you can take first-rate vacations when you decide to take some time off. (That’s not a paid advertisement, [...]
Continue reading...10. November 2008
I focus on selling properties on rent to own or owner financing. There are lots of reasons to do this over stricktly offering your houses on a rental basis. Recently, we had several properties available - we had eight vacancies. Usually, we only have 2 or 3 available at any one time. That was starting to concern [...]
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14. February 2010
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