
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.

12 September 2024 | 4 replies
A refrigerator replacement will cost you $600 whether you are collecting $300/mo or $3,000/mo.

12 September 2024 | 8 replies
========Don't cause an unnecessary expensive turn--collect the rent.Good Luck!

11 September 2024 | 10 replies
The eviction paperwork process should be considered separate from your continued rent collection process.

11 September 2024 | 2 replies
What if they have collections or judgments?

12 September 2024 | 21 replies
Note my late fee is high enough to be a penalty, but it is not high enough to compensate me for effort to hunt down delinquent rent (my time is precious, I expect to be well compensated for my time especially if I am doing something as undesirable as collecting delinquent rents.

10 September 2024 | 5 replies
does anyone know if i am supposed to collect rent for the month after a Tennant dies or just give the family a month to get belongings out and not collect rent?

11 September 2024 | 12 replies
While I believe anyone can joing CU's (unless they choose to stay private) they could have special considerations, like government employees/servive members where collections are a walk in the park so to speak.

12 September 2024 | 28 replies
I've never used Cozy.co before, but it sounds like a lot of the investors in the area use it to list their properties, screen tenants, collect rents, etc.

10 September 2024 | 28 replies
It is often collected at the County Recorder of Deeds acting as an agent for the Pennsylavnia State Department of Revenue.