Class D neighborhoods pencil out great if you don’t know what you’re doing and don’t mind packing a gun when you go to collect rent every two weeks.So here’s a tip: never invest in a place where you wouldn’t want to live.

I have a rental in a new rural development that does not have city garbage pickup. Most neighbors just use local dumpster providers, is it my responsibility to pay for the dumpster? Should the tenant arrange for it an...

It's the first two pictures in the listing so it doesn't make a great first impression- very beige and blah.

I've been watching the appreciation and collecting rent ever since.  

The other option is collections or court, but collections will take a large % of the debt and court takes a lot of time and money. 

I could be wrong, but I think the purpose of this forum isn't for CPAs to fight and throw out IRS Pubs and Regs (although, these are helpful) to impress everyone. 

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.

Does any one have a collection agency in the Connecticut area for rent collections.

Obviously people who dont know the area but visit only at bike week the beach, get that impression.

The HML as you know never leave their office.. they collect data just like a bank does order the appraisal and all that jazz we dont do any of it.. we will run criminal though we dont want to be funding any bad actors or dead beats.