Jenni Utz
The Importance of Property Management in Real Estate Investing
28 October 2024 | 7 replies
This includes everything from tenant screening, rent collection, and maintenance to managing budgets, ensuring legal compliance, and addressing tenant complaints.
Tucker Mason
How Do You Handle Property Management for Out-of-State Rentals?
25 October 2024 | 9 replies
Do you rely on local property managers, or do you have your own systems in place for things like maintenance, tenant communication, and rent collection?
Susan O.
Collections and Rent Collections Agencies?
18 October 2024 | 8 replies
Does anyone recomend a Rent recovery service or collections service that will go after a tenant who doesn't pay rent or skips out on the rent and leaves.I have their social etc. and they owe me 3 months of rent about $4500 and trashed the place.
Alex Guerrero
Is it better to list my house myself vs going through a realtor?
31 October 2024 | 29 replies
Hide you money, drugs and valuables off site.If you do your own opens, do it for a couple of weekends.Once you have someone interested, you fill out a purchase & sale agreement, collect an EMD, open escrow, order title, verify ability to close with the buyer's lender.
Travis Andres
Has anyone heard of Direct2Deals for leads?
23 October 2024 | 38 replies
Keep in mind things take time to really launch and takeoff , but with the resources and experience that Direct2Deals has, it makes the process a whole lot easier and something less that I have to handle inside of my business & can now focus on optimizing and being more efficient in the way I conduct business and close our deals.On another note, if you are looking for qualified homeowners that are seeking to get an offer on their house or sell soon, and your goal is to have the most amount of opportunities to close for yourself and your team, we recommend doing a nationwide, multiple state targeted campaign with Direct2Deals.They have a dedicated team to handle all questions you may have on a weekday basis through their email support system that they go through Monday through Friday to help you with your success at Direct2Deals.
Lamar Athill
Wholesale Tips To Succeed In Today's Market
23 October 2024 | 4 replies
The key is consistency and optimizing each step.Hope this helps, and best of luck on your wholesaling journey!
Kyle Jacques
Looking for guidance on STR
24 October 2024 | 36 replies
Without seeing a link to your property it's hard to provide specific advice, but generally speaking it sounds like you need to "optimize" your STR listing.To boost your activity I would do a few things:1.
Umer S.
Rent reporting to credit bureau
26 October 2024 | 14 replies
They do say they have a one time fee for debt collection and I suppose negative reporting with a 30 day delay and dispute process.
Abel Eskinder
Hello Everyone reading this, I'm New to biggerpockets and here to learn and grow!
27 October 2024 | 15 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.
Adam Peralto
Atlas property not renting
26 October 2024 | 11 replies
Just make sure you collect more data before making a decision.