Considering how much I enjoy meeting new people and communicating, the STR approach has been successful and enjoyable Now we are pursuing our second investment property and are considering a property which needs some TLC and has large value added potential, considering that its in a prime location on the oceanfront.

Communication is critical and it is not always easy to explain or provide updates when one is underprepared, under-qualified or delivering negative news.

I communicated that I was preparing to take a loss on the flip and she agreed to list for a 1% commission.

I communicated that I was preparing to take a loss on the flip and she agreed to list for a 1% commission.

If the syndication is great and it's truly a singular portal for communication, I may be able to give up some of the advantages of lease creation/management on Avail. 

For example, if they have a financial issue they know that communicating proactively and honestly gives them the best chance at getting a late fee waived.Also, when I am being flexible, they are reminded that I am being flexible.

In fact, nothing was ever done.To make matters worse, I have another Fund That Flip deal that has gone south with little hope to recoup that investment as well.The loan was made in June 2018 and they stopped paying a year before Covid started and this is their latest comments:The developer remains non-responsive to Fund That Flip’s communication attempts to discuss foreclosure alternatives.Foreclosure counsel is waiting on the court to schedule a hearing date for the judge to rule on our motion for default judgment.Fund That Flip continues to work towards re-establishing contact with the developer and their known colleagues to discuss a successful exit.

The contractor offered to cover the cost and your neighbor should communicate with them.3.

I haven't mentioned collections or lawyers to her yet because I want to keep the communication open and amicable and make sure she continues to respect the house, but I don't know what to do.

I call right away unless the lead has another preferred communication method.