Local Housing Authority (LHA) tenants are a great way to mazimise the cashflow of a rental property. However if you don’t get your investment right in the first place even this may not be the savour some people imagine, In reading the IPD (Investment Property Databank) Report Julie read that “Residential Property has represented the best real return to a December 2000 investment [against equities, bonds and commercial property] at every stage throughout the previous 9 years.” So how true is that? Is Property a good return? Can you buy any old property and get good cash flow with LHA tenants? Even if the answer is yes, why not maximise your cashflow further. In this interview Julie Hanson, www.JustDoProperty.co.uk, asks John Davies, http exactly that, “Is Property A good vehicle for Investors?”
A strict rent collection policy will minimize your exposure to the eviction process. We aggressively pursue rent collection to make sure tenants know they must pay on time or swift action will be taken. The eviction process is started no later than the 7th day of the month. When the tenant realizes the seriousness of the matter, the rent is almost always paid in a timely manner. The eviction process moves quickly through the use of our attorney’s office. From start to finish it takes approximately four to six weeks. Our attorney’s office will: serve a “Pay or Quit” notice, file court documents, appear in court, get a judgment, forward the paperwork to the Sheriff’s office and then notify our brokerage to regain possession.
Cheap Columbus Investment Property 1129 E. Seventeenth Ave. Finish rehabbing this house for big profits 1320 square foot single family with 3 bedroom 1 bath
