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10 October 2024 | 5 replies
I'm pretty sure this is allowed within California based on articles by CRES Insurance, but unsure about how to send clients to other state realtors as a finder.My question is: If I make agreements with realtors in various states outside California, can I send them clients and collect finder fees?
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17 October 2024 | 26 replies
She then collected rents and responsible for paying the underlying mortgages, all of them.
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14 October 2024 | 14 replies
@Rebecca Morris The Bigger Pockets bookstore has a great collection of books on multiple topics that are beneficial to beginners.
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12 October 2024 | 7 replies
Fine, I will just keep the property in my name and will collect my rents and and run my business through the LLC structure I just spent $10k on because that will keep me protected.
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13 October 2024 | 54 replies
The submetering company does not collect the payments though.
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11 October 2024 | 3 replies
Would you see yourself using a tool like this, or is it just another shiny object that’ll collect digital dust?
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16 October 2024 | 25 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.
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10 October 2024 | 14 replies
Here’s how you can approach this:Gather Evidence: Start by collecting any evidence that supports your claim.
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11 October 2024 | 13 replies
Even when I still had 3 I used Zillow.I list my property on Zillow for rent, I use the Zillow application process, I use their form leases and collect payment all through Zillow.With only a couple rentals, it did everything I needed it to do, and combined with a spreadsheet or Quickbooks online, if you want to be a little more official, it does not take much work.
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11 October 2024 | 17 replies
I gonna have to collect some articles, show him, and see if he comes around.