Residential Rental Investment Strategies

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Special Guests

Evonne Kautz and Roger Frantz

joins The Housing Hour this week to discuss important tips and strategies when becoming a residential rental real estate investor. Roger has dozens of years of experience as a landlord and his suggestions and ideas will give our listeners valuable information. Evonne is an expert tax preparer and supplies our listeners with the proper tax strategies for real estate investments.

Topics:

Contract Review

Property Management Role

Lease Details

Repairs and Maintenance

Resolving Issues

Taxation and Record-keeping

Recording Income and Expenses

Depreciation

Books and Records

The Tax Cat: Evonne Kautz

Find 5-Star Holdings, Inc on FaceBook

Evonne M. Kautz:

Evonne has been practicing in the tax field for 11 years in the Knoxville area, specializing in military and small business.  She holds the EA designation, an abbreviation for Enrolled Agent, earning the privilege of representing taxpayers before the Internal Revenue Service. Enrolled agent status is the highest credential the IRS awards and authorizes unlimited practice rights in tax matters such as audit, appeals, and collections. 12568 Kingston Pike Knoxville, Tennessee Call (865) 392-1755

Educational Foundation

An additional part of 5-Star is its education program to teach taxpayers the basics of tax and the importance of tax planning.  Specifically for the military, Evonne travels to bases and units to teach these fundamentals with a focus on tax savings for service members. In the civilian community, she has shared tax tips for real estate agents and rental property owners, and even a class for college-bound students and parents about paying for/tax savings for the college years.

Aging In Place

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Special Guest

Steve Kleber

 Kleber & Associates (K&A)

joins The Housing Hour this week to discuss ‘Aging in Place’. Steve will explore this growing trend and also share some of the latest products and solutions that can be implemented in homes to make a smooth transition for those who opt to ‘age in place’.

“Aging in Place is the ability to live in one’s own home and community safely, independently and comfortably, regardless of age, income or ability level.”

Topics:

Aging in place trends

Construction ideas

Aging in place products and uses

Steve’s Recommendations:

LUXE Linear Drains

Amba Heated Towel Racks

Stream Lab- Smart Water Monitoring System

Tile Doctor

Steve’s Resources:

Living In Place Institute

National Institute on Aging

National Association of Home Builders also offers a comprehensive checklist

Legacy of Woodstock

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Special Guest

Terry Adams

Adams Law Firm

joins The Housing Hour this week to reflect on one of our countries most iconic weekends ‘ Woodstock ’69’. Terry, Kevin, and Mark discuss the ‘Legacy of Woodstock’ and the impact of the countercultural movement.

Terry has a unique background, having grown up in the Nashville music scene. His mother, Shirley Wood, was a well known and respected country music songwriter. It was not unusual for Terry to find famous musicians in his home growing up.

The Housing Hour reached out to a festival goer and got their first-hand account:

Yes, I was at Woodstock that August in 1969. I was a college sophomore at the time. I remember our decision to go to Woodstock like it was yesterday. I was hanging out with a few of my friends at “The Coral”, a local watering hole on Philly’s Main Line on that Friday night of the concert weekend. I was freshly energized from my trip to the Atlantic City Pop Festival held less than 2 weeks prior. When Woodstock entered the conversation and the great groups that would be performing a snap decision was made. By early the next morning 4 of us were heading north on the PA Turnpike toward Bethel, NY. I recall that it was a warm, sunny day. The perfect day for a road trip – particularly in a GTO convertible with the top down. By the time we hit the NY Thruway it became apparent we were not alone. There was a steady stream of traffic and volume expanded with each mile. By the time we exited the Thruway and merged onto a 2 lane country road the traffic was slowed to a crawl, but honestly, no one seemed to mind. The parade in of itself was a sight to behold: Vans, Microbuses, campers, vehicles painted with all colors and patterns imaginable. American Flags that were in dayglow colors, repurposed school buses, motorcycles and pickup trucks – all loaded with concertgoers! It was when the traffic came to a complete halt, about 4 miles from the venue that we decided to bail on the car. We found a field where I could safely park my car away from the masses and joined in the march. The crowd was massive and like nothing I’d ever seen. No one seemed pushy or annoyed by the press of the people all around them. We all simply merged and moved  forward. By the time we arrived at the entrance the gates were non-existent. In fact there  were no fences or anyone to take tickets and all I could see was a sea of people. I could hear Carlos Santana in the distance. We continued walking toward the music for what may have been another mile before we actually reached our destination and heard that the concert was now “free”. The road was muddy and food vendors parked along the way had mostly closed, having sold out after the first day! I recall being thankful that we brought food & drink in our backpacks. I recall walking past a makeshift Red Cross field hospital that seemed well- organized & pretty low-key. I also recall somehow eventually ending up near the stage in amazement & seeing concertgoers that looked like they had been in a war zone – filthy, many covered in mud and still wet from Friday night’s rainstorm. I recall no one seemed to care & neither did I – we were all together there to enjoy this great music & have a great time!

I could not believe our luck at finding a spot at rear stage left – right under a catwalk where performers walked from the trailers across to the stage. We could both see the performers on stage & hear all of the music. Location, Location, Location & it was not long before we got to know everyone around us – Incredible experience. Canned Heat came on as the sun was setting. They were followed by Mountain, The Grateful Dead and CCR. Credence Clearwater Revival was one of my favorites so I was in my glory. Janis Joplin was followed by Sly & the Family Stone. By then I think it was after 4 am. I think I maybe got 2 hours sleep before The Jefferson Airplane came on & Gracie Slick woke us all up with, “Breakfast for 300,000!”.

During the music, everyone was engaged and euphoric (in more ways than one). It was only after Gracie & the group departed the stage across the catwalk that the massive reality of the event came into view. It would be several hours before the next group would come on – We decided to see if we could grab a spot at the top of the hill as a change of pace but realized pretty quickly this was a bad decision. By the time we did finally reach the top of the hill there was no place to sit. Even if a space could be found you couldn’t see the stage as it was literally standing room only.

So there we were. It was Sunday before noon. We were at the top of the hill and considered options. It was hot. It smelled. I don’t need to mention the thought of portable toilets that crews could not get near to service. No food – we had eaten all we had by Saturday night. And trash everywhere. We looked at each other and unanimously decided, “Time to go”. Well, not everyone. One of our group had run into friends who were staying – he opted to stay and ride home with them.

My car, alone in a field the day before, was now surrounded by a sea of vehicles. I was thankfully able to navigate it through the maze and back onto that country road that led to home. Exhausted with no regrets.

So much has been written about this event – my notes don’t include the kind of stories or insight that hasn’t been written before. Even though 50 years have passed I remain in awe and have to smile at the thought of it all. Nothing was like it ever before or ever since. Just think about it – over 400,000 people together for 3 days under conditions that most people today wouldn’t tolerate for an hour.

Woodstock’s theme was Love & Peace. There’s something to that.

David Crosby had it right: “Love is better than hatred, Peace is better than war”.

Thanks Mark, for asking me to share my Woodstock experience. It gave me an opportunity to put some thought into both my recollections and how much life has changed for us all.

All the best

Crossroads Ministries -Oak Ridge

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Special Guest

Cora Rhew

Executive Director

Crossroads Ministries

joins The Housing Hour this week to share her long time passion for helping homeless and/or at-risk single moms and their young children. Cora founded Crossroads Ministry in 2002 while housing a single mom, her baby, and her 14-year-old sister for six months.    In 2006 she provided a home and safe place for a first time young mom and her baby daughter and from June 2012 to June 2014 provided a home to a single mom trying to regain custody of her daughter who had been taken out of state by the child’s father.  Her passion and dedication to the issue of homeless and/or at-risk single moms and their young children are where her heart and focus is and seeing her vision come to fruition is her goal.  Cora previously volunteered at Choices Resource Center helping with the babies and toddlers during parenting classes and at STAR (Shangri La Therapeutic Academy of Riding) working with teenagers and women working towards a measure of independence while learning handling and coping skills on horseback.  She is currently a Member of the Anderson County Chamber of Commerce, NightTime Altrusa of Anderson County, Tennessee, Networking Today International, Domestic Violence Task Force of Anderson County, CAB (Community Advisory Board of Anderson County), and the Anderson County Homelessness Collaboration.

Read the complete story and view all the construction photos!

Crossroads Ministry is a 501(c)(3) Non-Profit Corporation.

Will you help Crossroads Ministry today?

The Vision:

 

YMCA Community Giving Gardens

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Special Guest

 

Ellen Morar

 Garden Director

from the YMCA Community Giving Gardens joins The Housing Hour to discuss the three community gardens located in Knoxville.    The gardens provide fresh produce to those without access in the Knoxville area. Wonderful partners like  Sow True Seed, Innovative Garden Supply,Cutting Edge Solutions, Greenstalk,Stanley’s Greenhouse, and Keyhole Farm makes the gardens possible.

Most of all, the gardens rely on generous volunteers. Because volunteers donate their time, skills, and supplies, the gardens can continue the to provide fresh, quality produce to those in need.

The three Community Giving Gardens are located at the Davis Family Y, the Cansler Family Y, and on the rooftop of the Lindsay Young Downtown Y. Throughout the 2016 season, the gardens donated over 5,300 pounds of produce to local partner food banks including FISH Hospitality Pantries, Manna House, and the C.A.R.E. Food Pantry.

“The Y is a nonprofit like no other. Serving East Tennessee for over 160 years, we know that lasting personal and social change comes about when we all work together.”

Education

In addition to growing healthy foods, the Y Community Giving Gardens commit to learning.

Features of the gardens include:

  • raised soil and permaculture beds
  • multiple types of hydroponics systems
  • recycled container planters
  • native pollinator gardens
  • drip irrigation to conserve water
  • vermiculture and composting bins
  • chickens

The gardens use all of these features as outdoor classrooms.

If you want to get involved with this community project, contact Ellen. Find out how you can help at one of our three locations. Also, click here to find out about special events and Master Gardener classes at the Y.

Smart Home Technologies Part II

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Special Guest

Dr. Michael L. Simpson

Professor at The University of Tennessee joins The Housing Hour this week to continue our discussion on Smart Home Technologies.  Dr. Simpson brings his superior knowledge and quick, biting whit to make this one of the most informative and fun hours you’ll  spend in a long time.

Dr. Michael L. Simpson is the founding Principal Investigator of the Molecular-Scale Engineering and Nanoscale Technologies (MENT) Research Group currently located at the Oak Ridge National Laboratory and the University of Tennessee. He is the Thrust Area Leader for the Nanofabrication Research Laboratory that will be located at Oak Ridge National Laboratory’s (ORNL) Center for Nanophase Material Science (one of five Department of Energy Nanoscience Research Centers) that began construction in April 2003. He received a Ph.D. from the University of Tennessee (UT) in Electrical Engineering in 1991 and is now a UT/ORNL Joint Faculty Member.

Mike’s academic appointments are in the Materials Science and Engineering and Electrical and Computer Engineering Departments at the rank of Professor, and he is a participating faculty member in the Center for Environmental Biotechnology and Tennessee Advanced Materials Laboratory Research Centers of Excellence. His research interests lie at the intersection of physical and life sciences with a particular focus on the analysis and modeling of information transport in biological systems and the development of molecular-scale interfaces between whole cells and nanostructured synthetic substrates. Mike has authored more than 90 papers and holds nineteen patents.

His papers include Shaping carbon nanostructures by controlling the synthesis process, Frequency domain analysis of noise in autoregulated gene circuits, Alignment mechanism of carbon nanofibers produced by plasma-enhanced chemical-vapor deposition, Whole-cell biocomputing, Fabrication of dissimilar metal electrodes with nanometer interelectrode distance for molecular electronic device characterization, Rewiring the cell: synthetic biology moves towards higher functional complexity, and Accelerating Gene Regulatory Network Modeling Using Grid-Based Simulation.

His patents include Bioluminescent bioreporter integrated circuit devices and methods for detecting estrogen, Methods for cell-based combinatorial logic, Controlled non-normal alignment of catalytically grown nanostructures in a large-scale synthesis process, Individually addressable cathodes with integrated focusing stack or detectors, Integrated CMOS spectrometers, Ion beam profile analyzer with noise compensation, Charge trapping correction in photon detector systems, and Simultaneous CT and SPECT tomography using CZT detectors.

”.

Crazy Home Inspections Part IV

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SpecialGuest

Jack Feldmann

Clayton  Inspection Service

(865) 693-7109 ph

joins us for the fourth installment of our Crazy Home Inspection  Series.   The idea for the show is not just to merely entertain but to inform our listeners about the importance of a home inspection.  You don’t need to buy a home to get one. If you have never had an inspection done or it’s been years since the last inspection, Crazy Home Inspection Series will motivate you to order one today!!!

Follow the pictures as  Jack, Kevin and Mark discuss these Crazy photos!!

 

 

Home Inspections in Knoxville and the Surrounding Area

Clayton Inspection Service Inc., a certified member of the American Society of Home Inspectors®, was established in 1989. Located in Knoxville, Tennessee we have completed thousands of inspections and we typically inspect over 1,000,000 square feet per year. With over twenty years of construction experience you can be certain that you will receive the highest level of professional service available in today’s market.

View a PDF sample report.

Services Available
Radon Testing
Commercial Inspections
Asbestos Inspection & Testing
Construction Inspection
Expert Witness
Water Testing

Clayton Inspection Service services the following counties and cities –
Knox, Blount, Anderson, Roane, Monroe, Campbell Counties, Knoxville, Oak Ridge, Maryville, Alcoa, Tellico Village, Rarity Bay, Clinton, Kingston, Harriman, Loudon, Townsend, Walland, Clinton, LaFollette and surrounding areas.

Clayton Inspection Service, Inc.

(865) 693-7109 ph

 

 

 

UnChosen: Surviving Job Loss

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Special Guests

Greg Chambers and Peter Jones

joins The Housing Hour this week to discuss their new book, UnChosen: Surviving The Emotional Trauma Of Job Loss. Greg and Peter masterfully describe the emotional trauma inflicted on individuals and families from the sudden unexpected impact of job loss.  While explaining the tough feeling of shame, pain, and worthlessness, they also give a message of comfort and hope.

Join Kevin and Mark as they unpack the daunting story of the “UnChosen”.

Buy now:

Job loss is a traumatic experience that can tear you apart. It is an emotional and traumatic experience that impacts your social, economic and psychological status quo. The workplace is not designed to help you recover from being UnChosen. Managers, recruiters, and friends don’t understand it and are unable to help you unless they have also been through the experience. This book is a guide through this journey from two authors who have experienced it several times and moved on to recovery. UnChosen discusses the impact through personal experience, chronicles the journey, and offers a path to recovery. It is a guide to surviving the new workplace where company loyalty is disappearing and career-minded workers need to become more self-reliant to survive. This book will help you understand what you are experiencing and how to emotionally prepare for moving your life forward from job loss. Greg and Peter have written their experiences to help you conquer those obstacles and become free again.

 

 

Homeownership: A Tool for Community Development

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Homeownership: A Tool for Community Development

by Mark W. Griffith

While becoming a homeowner is a dream for many, it can also be seen as a tool and a very useful one at that.

When viewed through that lens, housing professionals realize homeownership helps strengthen and revitalize communities, while building wealth and providing a home for families to grow and thrive.

That potential to do good is what makes the Tennessee Housing Development Agency’s HHF Down Payment Assistance so important for many hardworking families in the Volunteer State.

Equipped with an allocation of $60 million from the U.S. Treasury’s Hardest Hit Fund, THDA was able to target 55 ZIP Codes – just under seven percent of those in Tennessee – that have been slow to recover from the housing downturn that occurred almost nine years ago. The targeted areas include ZIP Codes in East Tennessee. Many homes in   Clinton ZIP Code 37716 are eligible and seven ZIP Codes stretching into Jefferson and a tip of Sevier County have neighborhoods that could be helped.

The full list of ZIP Codes can be found online at GreatChoiceTN.com by clicking on the Down Payment Assistance box.

The program works like this: as of March 1, 2017, homebuyers purchasing an existing home in one of the eligible ZIP Codes can apply for a $15,000 forgivable second mortgage to cover the downpayment and closing costs.

The ZIP Codes being targeted are among those hardest hit during the housing crisis based on a variety of factors identified by the U.S. Treasury. The goal of the program is to spur economic activity and help stabilize property values by boosting home sales in those neighborhoods that have not fully recovered.

Still the biggest hurdle to homeownership for hard-working folks: saving money for the required down payment and closing costs to purchase a home. Without this helping hand, many deserving Tennesseans wouldn’t be able to make the jump from renter to homeowner.

Since it was announced in early February, a flurry of media coverage and social media buzz has helped raise awareness about the new program. Due to its popularity, many people have expressed interest. All the information is available at GreatChoiceTN.com.

Many wonder if it’s a deal that’s too good to be true, but it’s real, and it’s ready. As housing professionals, we should help our clients clear up any confusion about where the program is available and who benefits, and always strive to do what is best on their behalf by matching them with the product that serves them best.

With this powerful tool, we have a chance to help build the foundation for a positive future for thousands of Tennessee families.

 

By Mark Griffith
Mortgage Investors Group
Branch Manager- Oak Ridge
Co-Host of The Housing Hour-THDA Advisory Board

Murder Will Out

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DOWNLOAD FREE E-BOOK BELOW

Copyright 2015

In 1921, it was considered the most horrifying, gruesome murder in East Tennessee history.

Starting in Knoxville, with a sickening murder in Robertsville, Tennessee (pre-Oak Ridge), to an attempted bank robbery in Oakdale-this story has it all- ending with four men executed in Tennessee’s electric chair on the same day (a dark state record).

Murder Will Out

by

Co-Host Mark W. Griffith

Download (PDF, 7.61MB)

 

FREE E-Book

(Click on ‘DOWNLOAD’ under thumbnail of book-cover)

 

(Cover Design by Josh Ballard)

FREE E-Book


Made possible by

Mortgage Investors Group

and

The Housing Hour

Host Kevin Rhea, Managing Editor and Publisher

 

From Mark:

It seems like every 100 years, or so a sensational trial occurs in communities across the country. Most of them maintain only a local level of interest but occasionally some reach the attention of the national media. The story of George Lewis and Andrew Crumley reached a national audience; its horrific tale of a brutally cruel murder and attempted murder caught the ire and sympathy of the nation. After the sensational trial, verdict and death sentence, the country seemed to wait in anticipation for the execution. On March 1, 1922, Tennessee executed four men; national news headlines exploded with the news.
In the trials closing augments, prosecuting attorney W. H. Buttram predicted the trial would be, ‘….remembered a hundred years hence.’ But in reality, with justice being served quickly and inexorably, memories of the horror soon faded.
Murder Will Out rekindles some of the emotions undoubtedly felt at the time and attempts to honor the memories of two innocent lives that fell victim to such a despicable plot.housinghour_bookcover_700x900-01

Murder Will Out

by

Mark W. Griffith
Co-host: The Housing Hour