I was just saying the same thing earlier on a reply to another post... if it works with rates where they are now, imagine how much better when rates drop, plus you didn't have to get it in a bidding war!

I never say they will be dropped, because for one there's no way to know that until renewal.If the client fixes themself and doesn't file a claim, then there is no claim registered on their policy.

Yes, it costs you more, but at this point, firing them and getting a new person in will very likely cost you more than you owe the current guy, and anyone that is available at the drop of a hat is not likely to be someone you want working on your property, anyways. 

Originally posted by @David Fisher:I'll keep you posted - just put a small investment ($1,000) in it this week to see.Any news?

Hey guys,Hypothetical scenario:You have 500k of you’ve saved and now want to drop everything and enter real estate full time…What’s your strategy to replace a 300k salary as quick as possible?

Whether he likes it or not, this will involve a bit of work on his part.The good news is, if things go well, he could become your perfect private lender over many deals.Good luck to you both.

If you're not, I would still love to hear your thoughts as a drop is wisdom is always appreciated. 

So, I will set it up that way; he suggested this, because if there are disputes between me and the tenant, then they are more easily resolvable if the entity is in TN.Great news, if there is anything I can help with here in Memphis please reach out anytime. 

Link from Mortgage Bankers Association on forbearancehttps://www.mba.org/news-and-research/newsroom/news/2024/12/...Link on Delinquencieshttps://www.mba.org/news-and-research/newsroom/news/2025/02/...https://www.housingwire.com/articles/fha-va-mortgage-delinqu...Anyone concerned about this?

Been just around the corner for over 10 years now.3% drop in values is a "crash?"