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Results (10,000+)
Sanil Subhash Chandra Bose How to do out of state multifamily investment?
3 October 2024 | 9 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.
Bacongo Sandou Cisse Young guy (25) looking to relocate to a market where I can start investing
4 October 2024 | 39 replies
But it also comes with more risk in terms of evictions and damages - which you can never collect for.But STRs don't have any issues with evictions and damages are typically covered by the STR insurance or sometimes the Property Management company has its own insurance too.The other thing is that, on average, STRs tend to generate more income than LTRs. 
Erin Killough New and considering between vacation and long term rentals
4 October 2024 | 9 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.
Joseph Gold Any word on Reedy Company
2 October 2024 | 2 replies
They still collect my money and hold it to pay off the house that I don't know if it is done.     
Steven Rosenfeld Penn Capital - Syndicator - Feedback?
3 October 2024 | 4 replies
Seems in the syndication world there are capital management companies that find the deals, do the marketing, and collect the capital, and then they partner with local operators that they may never have worked with before.
Jose Farias Incompetent Property Management Co.
3 October 2024 | 3 replies
I would suggest putting the tenants in collections and parting ways with the PM.
Sanjeev Advani The Future of Closed Drugstores: Plasma Centers, Restaurants, and Dog Parks
2 October 2024 | 1 reply
Other empty drugstores are becoming plasma collection centers, thrift stores, and car washes.While repurposing drugstores can be challenging, especially when dealing with building design and community concerns, their prime locations make them ideal for creative reuse.
Nicolas Munoz I'm new to real estate investing and looking for some advice on software.
1 October 2024 | 12 replies
It’s an excellent bookkeeping, accounting, and rent collection tool specifically designed for landlords and investors.
Kerry Noble Jr Anyone sell tradelines?
4 October 2024 | 29 replies
Based on the age, limit, etc So they are authorized to use your cards - how do you collect money from them?
Robin Gravlin What a mess!! This is a whole new education of what NOT to do, and what to READ!!
4 October 2024 | 35 replies
Sometimes these insurance contracts come in legal sized paper- possibly a harbinger of what you'll need to do to collect fairly from them, But always expect them to perform completely on the things which are in their financial favor.