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8 October 2024 | 10 replies
Amazed you have never been sued rather impressive!
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8 October 2024 | 1 reply
Existing security deposits are unaffected here, but we are no longer allowed to collect more than one month's rent in deposits and fees.
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12 October 2024 | 25 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.
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7 October 2024 | 3 replies
It creates a great first impression and you can delay the backyard until cash flow improves.2.
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8 October 2024 | 23 replies
Quick analysis yields a 16% cap rate, just wondering if anyone has experience with logistics In running these places, paying staff, rent collection, etc.
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8 October 2024 | 0 replies
The GDPR introduced comprehensive regulations on how organizations, including real estate companies, collect, process, and store personal data.
15 October 2024 | 69 replies
For example I have seen a note fund where the manager collected fees based on the payoff of the loans.
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7 October 2024 | 16 replies
At this point, the earnest money has been collected, and we were under contract to close on that day.. the original seller then tries to resell the property through another wholesaler that i happen to know personally.
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7 October 2024 | 7 replies
Start collecting rent on the 2/1($1650 within 45 days from close).So the question.. how do I tell if this is a good deal?
10 October 2024 | 0 replies
The day-to-day job of a landlord involves being on call 24/7, finding emergency contractors, collecting rent, screening potential tenants, and resolving disputes.For some investors, selling a rental property makes the most financial sense to get their life back to normal.11.