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25 November 2024 | 36 replies
my research shows 2.99% fee with Debit or Credit card to tenant if they pay use these forms of payment.
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26 November 2024 | 6 replies
Also gave me a debit card, not that I plan on using it.
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3 December 2024 | 19 replies
It's super competitive here and we have a large flow of off-mkt homes coming our way, so we had to develop tools to speed up acquisitions/underwriting.I built something that allows VA's or very green staff members the ability to properly distinguish opportunity as if they had years of expert experience & local market knowledge.It will run sales comps & estimate ARV for you:And has drilled-down market stats that are actually useful!
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26 November 2024 | 10 replies
“WOKE comes to Hardmoney Resi trans loans LOL”Indeed, @Jay Hinrichs.Hard Money is derogatory.Private Money is deceptive.No one knows what a Bridge Loan is.Now we do Residential Transition Loans.I’m afraid we will run out of space on our business card
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23 November 2024 | 15 replies
We don't accept letters from three years ago or some quack on the phone with a credit card reader.
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28 November 2024 | 10 replies
They can ensure it’s done properly and provide advice on your specific situation.
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25 November 2024 | 0 replies
Doing the proper due diligence & been seeing that in order to use SMS blasting you have to stay TCPA compliant and have the homeowners opt in.
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25 November 2024 | 1 reply
@Toby FellowsGet an attorney and have them complete the process for you would be my recommendation.While it is something you could do, I always recommend spending a few hundred bucks to make sure it’s done and done properly
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28 November 2024 | 10 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
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26 November 2024 | 4 replies
I hired a lawyer to handle it, and she was given proper notice.