
20 October 2024 | 6 replies
@Timothy Fortin Fully entitled well located land with a compelling investment thesis is the cure-all.

30 October 2024 | 236 replies
The cure is either (1) the wholesaler makes his offer without indicating a false property value to the homeowner or (2) the wholesaler explains why he is offering X amount by showing the profit a fix in flipper requires, his own profit requirement, and the resultant price range he can offer. 3.

18 October 2024 | 7 replies
@Christopher Mooney no offense, but just waiting for your next post asking about Section 8 being the miracle cure for all landlording ails!

16 October 2024 | 5 replies
If the lender does find out that a property transfer has taken place, and chooses to enforce the due on sale clause, the lender must provide the seller (debtor) and, if applicable to state law, buyer with notification of default under the mortgage or deed of trust, and specific time as specified by state law to cure the default.

13 October 2024 | 1 reply
Reminder:Ground improvements qualify for bonus depreciation.This includes various landscaping.Roads and external parking areas.Sidewalks and pathways.Fences.Utility systems (including the installation or improvements to water, sewage, drainage, and electrical systems).Outdoor lighting.Rec facilities (like playgrounds, sports courts, and swimming pools).And more.It's a big category for depreciation/bonus depreciation that we love.

14 October 2024 | 8 replies
See the chart from Fair Isaac Company (FICO) below: FICO Score Pct of Population Default Probability 800 or more 13.00% 1.00% 750-799 27.00% 1.00% 700-749 18.00% 4.40% 650-699 15.00% 8.90% 600-649 12.00% 15.80% 550-599 8.00% 22.50% 500-549 5.00% 28.40% Less than 499 2.00% 41.00% Source: Fair Isaac CompanyAccording to this chart, investors should use corresponding vacancy+tenant-nonperformance factors of approximately 5% for Class A rentals, 10% for Class B and 20% for Class C.To address Class C payment challenges, many industry "experts" are now selling programs to newbie investors about how Section 8 tenants are the cure.

13 October 2024 | 54 replies
The water company also charges me for sewage.

13 October 2024 | 18 replies
You must have done everything reasonable, even unreasonable, to cure the issue and document it.I lost $200.00 once in court because a tenant removed the range and would not let us reinstall it.

9 October 2024 | 11 replies
See the chart from Fair Isaac Company (FICO) below: FICO Score Pct of Population Default Probability 800 or more 13.00% 1.00% 750-799 27.00% 1.00% 700-749 18.00% 4.40% 650-699 15.00% 8.90% 600-649 12.00% 15.80% 550-599 8.00% 22.50% 500-549 5.00% 28.40% Less than 499 2.00% 41.00% Source: Fair Isaac CompanyAccording to this chart, investors should use corresponding vacancy+tenant-nonperformance factors of approximately 5% for Class A rentals, 10% for Class B and 20% for Class C.To address Class C payment challenges, many industry "experts" are now selling programs to newbie investors about how Section 8 tenants are the cure.

7 October 2024 | 4 replies
@Mani Lubana oh look, another newbie who bought the an online "guru's" crap about S8 being the cure to everything.Oh wait, it can also pay you more than market rent!