Property inspections play a crucial role in the real estate process, providing valuable insights into the condition of a home and helping both buyers and sellers make informed decisions. Two common types of property inspections are pre-purchase inspections, conducted by buyers before closing a deal, and pre-sale inspections, initiated by sellers before listing their property on the market. Understanding the key differences between these two types of inspections is essential for navigating the real estate landscape effectively. Let’s explore the distinct characteristics of pre-purchase and pre-sale property inspections.

Pre-Purchase Property Inspections:

Pre-purchase property inspections are conducted by buyers as part of their due diligence before finalizing a home purchase. These inspections aim to uncover any hidden issues or defects in the property that may impact its value, safety, or livability.

Key differences of pre-purchase property inspections include:  
Buyer-Initiated: Pre-purchase inspections are typically initiated by the buyer to assess the condition of the property they are interested in purchasing. Focus on Buyer’s Interests: The primary focus of pre-purchase inspections is to protect the 
Read More...

 Real estate investing isn’t inherently difficult or complicated. Like many investors from my generation, we simply bought a house, made the necessary repairs, and rented it out. There were no computers, no internet—just a few books at the library, and that was about it.

We’re thrilled to announce two important updates within our vendor network at Greater Dayton REIA!

**Welcoming Our New Vendor Relations Chair – Paul Fiamengo**
A longtime member and seasoned investor, Paul Fiamengo is stepping into the role of Vendor Relations Chair. Paul brings a wealth of experience and dedication to strengthening the connections between our vendors and members. He looks forward to working with our current vendors and expanding the products and services available to our community.

For more details, visit our Board and Chairs page!

**Introducing Our Newest Vendor – Rodney Hines of Farmers Insurance**

Read More...

Calling all Greater Dayton REIA members—this is your moment to shine! Our quarterly magazine thrives on the incredible experiences, knowledge, and insights of our diverse membership. Everyone has something worth sharing, and we want to hear YOUR story.

Whether you’re a seasoned investor, a budding entrepreneur, or someone with a unique perspective on real estate, your knowledge is invaluable. The simplest tip or a profound insight could be the spark that helps someone else grow their business or overcome challenges. Think about it: you might know something that others don't yet—why keep it to yourself?

By contributing to the magazine, you’ll not only be inspiring and informing your fellow members, but you’ll also be showcasing your expertise to our thriving community. Articles can range from market trends, investment strategies, renovation tips, lessons learned, or even motivational stories about your journey in real estate.

Important Reminder: Submissions for the Greater Dayton REIA Quarterly Magazine are due one month before the first meeting of the quarter. Don’t miss your chance to be featured in an upcoming issue!

How to Get Started:

• Brainstorm topics or ideas you’re passionate about.

• Write down your thoughts or reach out for
  Read More...

Presenters from the National Fair Housing Alliance will review:
 Special Purpose Credit Programs and the intersection of fair housing
 Best practices around community-based equity-focused homeownership
 Highlights of their publication “First Generation Foundations: A Guide to Advancing Equity with First Generation Homeownership Programs”

Ohio Presenters from County Corp and Homeport will:
 Discuss the opportunities they provide in their communities
 Their local equity-based homeownership programs
 Other services that enhance their communities

REGISTER HERE or CLICK THE IMAGE!

Ohio" width="700" height="902" />

The Families Flourish Program, (FFP), includes a mobility component to move families into neighborhoods and school districts that assist in a families’ specific career and educational development. FFP needs participating landlords who accept a subsidy as a part of the full market rate rent. This enables families to advance in their careers, create stability for the family through things like increased savings for college and aid minor children with superior educational opportunities. The subsidies continue for three years.  This is a successful program in Columbus, Ohio and is being expanded into the Miami Valley Region. 

Click HERE for a PDF version of the Participating Landlord Program.

 On Facebook today, the City of Middletown announced the following update to water utility billing, illustrating the need to focus on current Ohio water utility legislation:

Important Water and Sewer Update! 📣

The City of Middletown Water and Sewer Rules and Regulations are in the process of being updated. The updated rules and regulations will go into effect April 1st, 2025. Some key changes to take note of are:

• All water accounts will remain in the property owner's name. Tenants will no longer be able to sign up for a water account. Any account that is currently in a tenant’s name will remain active until the account is closed.
• The service fee will be increasing to $50.00.
• Deposits will be increasing to $300.00.

A copy of the Water and Sewer Rules and Regulations can be found on the city website at cityofmiddletown.org/254/water-services.

Unlock your path to fair housing knowledge—it's free! Discover our comprehensive course lineup today!!

Received this email today from an attorney friend and mentor - Lee R Phillips regarding FinCEN and BOI reporting which is back on, again, just in case you missed the latest news on this. Crazy how this keeps going back and forth Read More...

  Read More...