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7 January 2025 | 6 replies
it is already the 6th day of the month, and most of our tenants made the on time rental payment on the 1st.we am copying our attorney soon and will report to the police department for lost $49,987.00 tenant rental income.So far we have called your customer services and online chat but nobody is answering.
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7 January 2025 | 12 replies
.- After closing, you can do some of the work yourself to save money, but the program doesn't allow you to pay yourself.You will want to buy a Class B property, maybe Class C+, in an area that seems to be improving.
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3 January 2025 | 7 replies
Do they use a servicing company to make the payments directly to the , or do they make payments directly to the seller and hope they pass them on to the lender?
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8 January 2025 | 22 replies
@Guillermo PerezPositives:- Equity Built: You now have $70K in equity, which is a solid result for your first deal.Cash Flow Potential: If the property rents well and covers your debt service while providing some cash flow, that’s a win.- Experience: You’ve successfully navigated a purchase, rehab, and refinance, which are the core components of BRRRR.Considerations: - Budget Overrun: Being $27K over budget highlights the importance of tighter cost estimates and contingencies.
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4 January 2025 | 7 replies
Interest rates atm seem quite high so will ride this out a bit longer (and ratios will continue to improve over time.)
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7 January 2025 | 24 replies
This is a FREE service provided by the bank, and we have used this account for about 15 years or so.
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5 January 2025 | 18 replies
Posting is insufficient, absent court order for alternate service, if the property is not vacate.
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30 December 2024 | 8 replies
What application screening service is reliable?
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6 January 2025 | 8 replies
Focus on optimizing the current fourplexes (improving rents, reducing expenses).
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2 January 2025 | 11 replies
It wasn’t how I wanted to kick things off, but I worked with a contractor to get the bathroom fixed and functional.Once that was behind me, I focused on improving the building and maximizing income:I installed a shared washer and dryer for the tenants, a major upgrade that added convenience and increased the property’s value.I rented out the two garage parking spaces, bringing in consistent revenue.I also raised rents for the second- and third-floor tenants I inherited to be just below market-rate.