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Results (10,000+)
Bridget Grant Help, I think I made a big mistake with tax sale properties
15 September 2024 | 33 replies
However, the possibility the former owner or one of the lenders will claim service was improper is one of the reasons title insurers are reluctant to allow a policy to be issued w/o a quit title action being completed first.It's a good idea to ask the title agent for a commitment that will show the requirements for the issuance of a policy w/o exception for other interests.I think almost 100% the mortgages are gone with a properly notice tax sale.. and in most states I work so are the utls. they try to force you to pay them but if you push back and or know they cant try to collect you just need to push the point.. while banks will normally pay tax to protect their interest sometimes they dont  like in this case.. 
Tim Phillips Advice on buying my first rental
14 September 2024 | 12 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.
Josh Aljets Why would high-cash-flow multi-family properties sit on the market?
13 September 2024 | 12 replies
@Josh AljetsCash flow is great, if you can collect it.
Jonathan Mueller I bought Schitts Creek.....I bought a motel, now what?!?!
12 September 2024 | 58 replies
I do have an onsite manager that collects rents and shows the units for discounted rent.
Ola Inyang Newbie's to Real Estate Investing out of state
13 September 2024 | 20 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.
Naveen kumar Vadlamudi 1st deal - Please help on the Analysis and pricing.
12 September 2024 | 4 replies
A refrigerator replacement will cost you $600 whether you are collecting $300/mo or $3,000/mo.  
David Tran Hero program is a scam and fraud
15 September 2024 | 22 replies
In order to sell or refinance the home, you will have to pay off the amount owed to the program.People are led to believe they can write off the cost of your payments [principal + interest] on your taxes because they attach the debt to the property tax collected on your home.
Carmen Assang Nonpayment of rent
11 September 2024 | 10 replies
The eviction paperwork process should be considered separate from your continued rent collection process.
Taha Tekreeti Question about responding to tenant threatening to withhold rent
12 September 2024 | 8 replies
========Don't cause an unnecessary expensive turn--collect the rent.Good Luck!       
Michael Lynch Help with background check information
11 September 2024 | 2 replies
What if they have collections or judgments?