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All Forum Posts by: Ray Peslar

Ray Peslar has started 18 posts and replied 59 times.

Post: How do you collect rent?

Ray Peslar
Pro Member
Posted
  • Realtor
  • Glen Mills, PA
  • Posts 71
  • Votes 26

@Matt Dabek I HATE apts.com since the cozy swap. I have a few questions.

Is zibo more user friendly?

Easy to use with no lagging?

Easy to add a garage with separate tenants from house with same address?

Good for up to 100 units?

Post: No more Cozy.co.... Apts.com is terrible

Ray Peslar
Pro Member
Posted
  • Realtor
  • Glen Mills, PA
  • Posts 71
  • Votes 26

@Jeffery Wilen Thx!

Post: No more Cozy.Co…. apts.com is terrible

Ray Peslar
Pro Member
Posted
  • Realtor
  • Glen Mills, PA
  • Posts 71
  • Votes 26

@Will Fraser Thx!

Post: No more Cozy.co.... Apts.com is terrible

Ray Peslar
Pro Member
Posted
  • Realtor
  • Glen Mills, PA
  • Posts 71
  • Votes 26

Thanks! I’ll look into it. 

Post: No more Cozy.co.... Apts.com is terrible

Ray Peslar
Pro Member
Posted
  • Realtor
  • Glen Mills, PA
  • Posts 71
  • Votes 26

Ever since Cozy.co was bought by Apts.com rent collection has been a struggle for my tenants. When I'm using the website every click on the system takes several seconds to load the page and when adding a new property I get errors. I REALLY wish they would just let us use COzy.co still it was soooo much better than Apts.com. Does anyone have an alternative rent collection software they like? ANy help is appreciated! 

Post: No more Cozy.Co…. apts.com is terrible

Ray Peslar
Pro Member
Posted
  • Realtor
  • Glen Mills, PA
  • Posts 71
  • Votes 26

Ever since Cozy.Co was bought by apts.com. Rent collection has been a struggle for tenants. When I’m using the website every click on the system takes several seconds to load the page and when adding a née property I get errors. I REALLY wish they would just let us use Cozy.Co still it was soooo much better than apts.com. Does anyone have an alternative rent collection software they like? Any help is appreciated!

Post: Projected CoC vs Actual CoC?

Ray Peslar
Pro Member
Posted
  • Realtor
  • Glen Mills, PA
  • Posts 71
  • Votes 26

Personally I wouldn't do anything less than 12-15%. I actually prefer value add/BRRRR type opportunities and look for 20%-30% COC or 1.5%-2% rent to value with infinite COC

Post: Potential Partnership Structure

Ray Peslar
Pro Member
Posted
  • Realtor
  • Glen Mills, PA
  • Posts 71
  • Votes 26

@Brandon Ribeiro I would structure the deal as a straight 50/50, your time VS his money. You could always pay another private investor 10% on their money and NOT have a partner at all. On the 100k net profit example used already in this post. He invests 100k for a potential of his 100k back and 50k profit you invested your knowledge and time for a 50k profit. If he wants anything additional then you take your 3% commission and you may wind up even again. Just clear the muddy water by doing a straight up 50/50 deal. That’s my .02

Post: Real estate agent in Philadelphia who specializes in Foreclosures

Ray Peslar
Pro Member
Posted
  • Realtor
  • Glen Mills, PA
  • Posts 71
  • Votes 26

Hey Chris, feel free to give me a call.

Post: Real estate agent in Philadelphia who specializes in Foreclosures

Ray Peslar
Pro Member
Posted
  • Realtor
  • Glen Mills, PA
  • Posts 71
  • Votes 26

@Chris Spespy

I have helped a lot of people with investment property purchases.