
21 October 2024 | 13 replies
@Nathan GesnerCan a landlord report a tenant to collections on their own?...

25 October 2024 | 16 replies
Rate fluctuation, election, and general cooling of the Ohio market I think all collectively leading to this.

25 October 2024 | 23 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.

22 October 2024 | 6 replies
In the first 5 years you will collect lots of interest, and make more money than the actual purchase price because you, the seller, are now acting as the bank.

23 October 2024 | 8 replies
That said, for all reservations we collect payments on (this includes VRBO since we have an integrated account through our PMS) our charging schedule mirrors the reservation cancellation policy.

22 October 2024 | 7 replies
Say goodbye to having to collect cash or checks for rent from your tenants.

21 October 2024 | 7 replies
The difficulty is in collecting current rental data of actual rents.

23 October 2024 | 10 replies
Managing tenants, collecting rent, and handling repairs can be time-consuming, so factor in property management fees if you hire someone.6.

24 October 2024 | 13 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.

25 October 2024 | 66 replies
He is getting more sophisticated.